Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell to a one-week low on Monday on technical selling and an improving weather outlook, including beneficial moisture in parts of the Midwest winter wheat belt, analysts said. Soybean futures set a two-week low on forecasts for much-needed moisture in parts of Argentina, and corn sagged as well. […] Read more
U.S. grains: Wheat lower on technicals, better weather
U.S. grains: Corn, soy sag under weight of harvest
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures neared contract lows on Friday and soybeans fell to the lowest levels in a week, pressured by active harvest progress in the heart of the Midwest crop belt, analysts said. Wheat fell to a near two-month low on technical selling, extending losses in the last hour of trade. […] Read more
U.S. grains: Soy firm as farmer selling eases
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose slightly on Wednesday, reflecting a slowdown in the Midwest harvest as rains stalled fieldwork and weak cash values discouraged farmer selling, analysts said. Wheat futures fell on technical selling and corn was modestly lower. Chicago Board of Trade November soybeans settled up three cents at $9.58-1/4 per […] Read more
CBOT weekly outlook: Corn dips under $3.50 as harvest pushes on
Reading Time: < 1 minute CNS Canada — The corn market dropped below a major support level during the week ended Wednesday and could be poised to hit further market lows, according to one analyst. “I think we’re within a dime or something of it,” said Jack Scoville of Price Futures Group in Chicago. The December contract fell 5.75 cents […] Read more
U.S. grains: Wheat, corn futures ease, soy firms
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures sank to contract lows on Wednesday as ample global supplies provided overseas buyers with cheaper alternatives to U.S. offerings in export deals, traders said. Corn futures also were lower, pressured by the drop in wheat as well as good weather for crop development across the […] Read more
U.S. grains: Wheat, corn, soy tumble on better weather, technicals
Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soy futures plummeted on Thursday, with wheat easing as much as five per cent in a technical selloff amid outlooks for slightly cooler temperatures and chances for rain next week in Midwestern growing regions, traders and analysts said. Wheat, corn and soybeans extended steep losses from Wednesday that […] Read more
U.S. grains: Corn falls four per cent after USDA data
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell four per cent on Wednesday after the U.S. Department of Agriculture raised its U.S. old- and new-crop corn ending stocks forecasts more than most analysts expected. Wheat and soybeans followed corn lower, with rains in Iowa and Illinois this week adding pressure. Chicago Board of Trade September […] Read more
U.S. grains: Soybeans set four-month top
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures hit a four-month high Tuesday on worries about stressful crop weather in the Midwest and as traders squared positions one day ahead of monthly reports from the U.S. Department of Agriculture. Corn futures ended fractionally lower on profit-taking after a one-year high, while wheat ended higher after a […] Read more
U.S. grains: Corn, soy, wheat rise as crop belt heats up
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures rose more than two per cent on Monday, with corn setting a one-year high on worries about forecasts for potentially stressful heat in parts of the Midwest. Chicago Board of Trade wheat futures climbed nearly three per cent, led by outlooks for more hot and dry […] Read more
U.S. grains: Soybeans, corn firm on weather view
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures rallied 1.4 per cent on Friday on hotter and drier forecasts for important growing areas of the U.S. Midwest, traders said. Concerns about the forecast also supported corn futures but the market closed off session highs as profit-taking weighed on prices after their run-up to […] Read more
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