Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures fell on Tuesday on improving harvest weather in the Midwest crop belt and some profit-taking a day after both commodities neared two-month highs, traders said. Wheat followed the weak trend after a choppy session. Chicago Board of Trade November soybeans settled down 6-3/4 cents at $8.84-3/4 […] Read more
U.S. grains: Soy, corn retreat from highs on improving weather
U.S. grains: Soybeans rally on slow harvest pace, quality concerns
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures jumped 2.8 per cent on Monday on poor Midwest harvest conditions, coupled with reminders of strong domestic crushing demand and signs of U.S. soy cargoes headed to China, analysts said. Corn and wheat followed the firm trend. Chicago Board of Trade November soybean futures settled up 24 cents […] Read more
U.S. grains: Soybeans rise as wet Midwest weather seen halting harvest
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for the first time in three sessions on Friday as a rainy Midwest forecast fueled worries about harvest delays and potential damage to some crops. Wheat edged higher as rising global prices stirred optimism about a pickup in demand for U.S. wheat. Corn futures ended near unchanged […] Read more
U.S. grains: Corn firms as rainy Midwest outlook threatens harvest
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures firmed on Thursday on concerns that several days of rainy weather expected across the U.S. Midwest could disrupt harvesting of what is forecast to be a bumper U.S. crop. Soybeans also drew support from the wet forecast, but shed gains late in the session in a technical selling […] Read more
CBOT weekly outlook: Yield expectations limit upside for corn, soy
Reading Time: 2 minutes CNS Canada — Soybean and corn futures at the Chicago Board of Trade may be finding some short-term support from harvest delays across the U.S. Midwest, but expectations for large crops overall should limit the upside for prices going forward, according to an analyst. “The highs could be in right now,” said Rich Feltes of […] Read more
U.S. grains: Soybeans, corn ease in technical setback
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures eased on Wednesday in a technical selling setback following two days of gains despite concerns that rainy weather in parts of the Midwest would delay harvesting and possibly damage some crops. Corn futures also fell as technical selling more than offset support from strong demand and potential harvest […] Read more
U.S. grains: Soy, corn firm as rain stalls Midwest harvest
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures firmed for a second day on Tuesday on expectations for improved demand following a recent price slump and as a rainy weather outlook for the Midwest threatened to stall harvesting. Futures jumped sharply on Monday on news of a newly negotiated U.S.-Mexico-Canada Agreement (USMCA), a replacement […] Read more
U.S. grains: Wheat weakens on poor export demand
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures fell 1.8 per cent on Wednesday, its third decline out of the last four sessions, as export prospects for U.S. supplies remained dim despite crop shortfalls in key production areas of the Black Sea region, traders said. Corn dropped after earlier touching a two-week high […] Read more
CBOT weekly outlook: Soy and corn recover, but too early to call a bottom
Reading Time: 2 minutes CNS Canada — Soybean and corn futures at the Chicago Board of Trade recovered off of contract lows over the past week, but it’s still too early to say either commodity has found a bottom. “I’m looking for baby steps to confirm the bottom, and I haven’t seen anything of substance yet,” said Preston Zacharias, […] Read more
U.S. grains: Soy sinks to new lows as trade war seen swelling supply
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures slid to fresh lows on Friday and the most-active contract closed at the lowest in nearly a decade after a government report reinforced concerns that the trade dispute with China will dent exports and lead to a build-up in stocks. Corn futures followed soybeans lower, with additional pressure […] Read more
A message from April Stewart, Country Guide's Associate Editor
