Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures on Thursday leapt to their highest prices in more than two months as the latest crop estimates in major exporting countries like Argentina, France and Russia raised questions about global supply. Corn and soybean futures also strengthened, as weather forecasts predicted more heat and dryness […] Read more
U.S. grains: Wheat futures top two-month high on global harvest worries
Corn, soybeans firm as U.S. weather looks hotter, drier
U.S. grains: Corn pauses after fund buying spree, watches weather
Soybeans touch new three-month top, wheat eases after rally
Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures trimmed from a near 3-1/2 month high on Thursday, following strong gains after the U.S. government reported farmers had planted fewer than expect corn acres. The corn market remained on pace for the strongest gain in a year, as investors watched weather reports. Corn across much of the […] Read more
U.S. grains: Corn continues upward on USDA acreage data, weather worries
Wheat, soy also firm on lower-than-expected USDA acreage; traders eye forecasts for warm, dry Midwest weather
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures extended a rally on Wednesday to their highest in more than three months after a steeper-than-expected reduction to the U.S. government’s 2020 corn acreage estimate, analysts said. Soybeans and wheat gained after the U.S. Department of Agriculture’s acreage report on Tuesday also showed smaller-than-expected plantings of the grains. […] Read more
U.S. grains: Corn, soybeans sink on Midwest weather
Wheat plunges on technical selling, harvest pressure
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures fell for a fifth straight session on Friday on crop boosting rains across the Midwest and positioning ahead of government reports on U.S. plantings and stocks due next week. Wheat futures tumbled to contract lows, with soft red winter wheat hitting its lowest in nearly 10 […] Read more
U.S. grains: Soy, corn slump on crop weather, economic concerns
U.S. Midwest sees generally mild temperatures
Reading Time: < 1 minute Chicago | Reuters — U.S. soybean futures eased for a third straight session on Wednesday and corn futures were mostly lower as forecasts for rains and limited crop-stressing heat across the Midwest farm belt bolstered production prospects. Weak outside markets also hung over grain futures, with equities and crude oil posting steep losses as rising […] Read more
U.S. grains: Corn drops to three-week low
Soybeans ease despite crop rating fall as China news weighed
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell for a second straight session on Tuesday and touched a three-week low on an unexpected rise in government crop condition ratings and favorable U.S. Midwest weather that was seen bolstering the recently planted crop. Soybean prices also eased, despite a decline in the U.S. Department of Agriculture’s […] Read more
U.S. grains: Corn falls on good crop weather
Chinese demand for U.S. farm products underpinning markets
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures declined for the first time in four sessions on Monday as warm weather and scattered rains across a large swath of the Midwest farm belt bolstered development of the recently planted crop. Soybeans were mostly lower as favourable U.S. weather outweighed support from improving demand from top importer […] Read more
U.S. grains: Wheat hits eight-month low as harvest advances
Soybeans gain on trade optimism; ethanol report supports corn
Reading Time: < 1 minute Chicago | Reuters — Chicago wheat futures edged downward on Wednesday reaching an eight-month low as the U.S. harvest continues and rainfall across Europe allayed recent weather worries. Corn prices climbed after early losses, ending in positive territory on increased ethanol use, but capped by pressure from favourable weather across the U.S. Midwest, while soybeans […] Read more
U.S. grains: Soybeans pare losses as China buys more
U.S. wheat harvest gathering pace
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures pared losses on Tuesday as traders said that China was purchasing more U.S. soy, after the market slumped earlier on improved crop progress outlooks. Chicago wheat and corn fell on the U.S. Department of Agriculture’s assessment of crop conditions, which analysts viewed as bearish, and a favourable weather […] Read more
U.S. grains: Soybeans firm on slowed planting progress
Wheat rangebound as Northern Hemisphere weather watched
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed on Wednesday as a slowdown in plantings in the Midwest and forecasts for more disruptive weather lifted prices to two-week highs, although technical selling kept a lid on gains. Corn also edged higher after the U.S. Department of Agriculture (USDA) reported slower-than-anticipated planting in a weekly crop […] Read more
A message from April Stewart, Country Guide's Associate Editor
