Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures sank 5.7 per cent on Tuesday to their lowest level in 2-1/2 months, pressured by early harvesting in the United States and Europe as well as fresh efforts to boost the amount of grain shipped from Ukraine. Corn futures were down three per cent as weather forecasts turned […] Read more
U.S. grains: Wheat futures hit lowest since late March
Chicago corn, soybeans also weak
Dust storm, hurricane-force winds tear across U.S. upper Midwest
Reading Time: 2 minutes Chicago | Reuters — Hurricane-force winds tore across the U.S. upper Midwest Thursday evening, sending walls of dust across cities and rural towns, causing widespread property damage and killing at least two people. Straight-line winds up to 170 km/h reached from Kansas to Wisconsin, pushing waves of farmland topsoil across the horizon and plunging communities […] Read more
U.S. grains: Wheat slides on U.S. weather, reduced fears over Ukraine
Corn down, soybeans up
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell more than three per cent on Monday to their lowest in nearly two weeks on forecasts of welcome moisture in the U.S. Plains wheat belt and waning fears of imminent conflict between Russia and Ukraine, traders said. Corn futures followed wheat down, turning lower in a retreat […] Read more
U.S. grains: Wheat, corn rally to highest since December
Soybeans jump 2.2 per cent
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures surged 3.6 per cent to their highest in more than three weeks on Wednesday, with traders focused on dry and cold weather in key growing areas of the Midwest and southern Plains. Weather concerns also boosted soybeans and corn as investors shrugged off recent rains in South America. […] Read more
U.S. grains: Corn down off four-week top
CBOT oats down off 7-1/2-year high; soy, wheat also down
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell more than one per cent on Tuesday on macroeconomic worries as the dollar strengthened and crude oil futures turned down, and on harvest-related selling as combines rolled in the heart of the Midwest crop belt, analysts said. Soybeans and wheat followed the weak trend. Chicago Board of […] Read more
U.S. grains: Wheat finds two-week high on strong global demand
Corn, soybeans little changed; wider markets encourage consolidation
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures firmed on Friday, ending near a two-week high as the market assessed mixed global production prospects and brisk import demand. Corn eased as supply pressure from the ongoing U.S. harvest countered background support from tight supplies, while soybeans inched higher after trading both sides of even. The most-active […] Read more
CBOT weekly outlook: Harvest lows possibly already in for soy, corn
Reading Time: < 1 minute MarketsFarm — Soybean and corn futures at the Chicago Board of Trade may have already hit their harvest lows for the season, despite the fact that the bulk of the harvest is still some time away. “Going forward, I think the short-term lows are probably established,” said Terry Reilly, of Futures International in Chicago. The […] Read more
U.S. grains: Corn, soybeans sag on export worries after Ida
Wheat futures follow downward
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell about two per cent on Wednesday, with the benchmark December contract hitting a seven-week low as worries about shipping delays from the U.S. Gulf Coast triggered a round of long liquidation, analysts said. Soybean futures touched a two-month low and wheat followed the weaker trend. Commodity funds […] Read more
U.S. grains: Prices down on rains, Ida shuts grain facilities
Iowa, Minnesota crops benefit from rain; Cargill says Ida damaged Louisiana terminal
Reading Time: 2 minutes Chicago | Reuters — Favourable rains in the U.S. Farm Belt combined with approaching harvests to push down Chicago Board of Trade grain and soybean futures on Monday, analysts said. Traders, meanwhile, assessed disruptions to U.S. crop exports from Hurricane Ida at a time when global supplies are tight and demand from China is strong. […] Read more
U.S. grains: Soybeans ease as Midwest’s rains seen boosting crop
CBOT December corn up, wheat down
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell for a second straight session on Friday as rains were seen boosting harvest prospects in some dry areas of the Midwest farm belt. Wheat futures fell on profit-taking and spillover pressure from lower soybeans, although concerns about global supplies limited declines. Corn was lower much of the […] Read more
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