Reading Time: 2 minutes Chicago | Reuters — U.S. wheat, corn and soybean futures fell on Tuesday on concerns that overseas buyers will turn to alternative supplies to meet their import needs, traders said. “Consistently high prices are slowly doing their job of eroding demand across the board, with Brazil in particular among a group of global players that […] Read more
U.S. grains: Wheat, soybeans, corn fall on demand concerns
CBOT December wheat touches four-week low
Russian drones hit sunflower oil terminal, Mykolaiv mayor says
Reading Time: < 1 minute Kyiv | Reuters — Russian kamikaze drones hit tanks with sunflower oil at one of the terminals in the Ukrainian port city of Mykolaiv late on Sunday, the city mayor said on Monday. One of Ukraine’s largest ports, Mykolaiv halted shipments at the start of the Russian invasion, but Ukraine is pushing to open the […] Read more
U.S. grains: Wheat, soybean futures end firm
Chicago December corn weakens
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures ended slightly higher on Monday but closed well off their session peaks as traders monitored developments in efforts to keep a Black Sea shipping lane open for Ukraine grain exports. Corn futures sank on seasonal harvest pressure while soybeans firmed on bullish export data, traders said. Wheat surged […] Read more
U.S. grains: Wheat drops on firm dollar, hopes for Black Sea talks
Lower wheat, dull demand weigh on corn, soybeans
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Friday, surrendering all the prior session’s gains on a stronger dollar and hopes of progress in negotiations to maintain a Ukrainian Black Sea grain export corridor. Corn and soybeans followed wheat lower, weighed down by lacklustre demand and pressured by lower energy and equities markets. On […] Read more
U.S. grains: Wheat rallies as Russia threatens to quit Black Sea deal
Corn, soybeans pare losses as wheat gains
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rebounded on Thursday from two days of declines on concerns that a Black Sea export corridor deal may not be renewed next month, which could again disrupt grain shipments from Ukraine. Corn and soybeans pared earlier losses on spillover support from wheat and follow-through buying after the U.S. […] Read more
CBOT weekly outlook: October USDA report delivers few major changes
Soy could see 'a few more days' higher
Reading Time: 2 minutes MarketsFarm — For the most part, the latest monthly supply and demand report from the U.S. Department of Agriculture provided little in terms of major changes from its September report. USDA issued its October world agriculture supply and demand estimates (WASDE) during the late morning Wednesday, with much of the data fairly close to market […] Read more
U.S. grains: USDA cuts soy, corn crop outlooks, trims demand
Large Russian wheat supplies temper war worries
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures jumped to a two-week high on Wednesday after the U.S. Department of Agriculture (USDA) unexpectedly cut its U.S. harvest forecast and raised imports by top soy buyer China in a monthly report. Soybean price gains were held in check, however, by expectations for large South American crops that […] Read more
U.S. grains: Wheat, corn slip ahead of key crop forecasts
Corn, soy consolidate as U.S. crop data watched
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures fell back on Tuesday, after jumping to a three-month high a day earlier, as signs of escalation in the war between Russia and Ukraine continued to raise concerns about the viability of Black Sea grain trade in the coming months. Corn futures slipped, and soybeans firmed, as investors […] Read more
U.S. grains: Corn, soy rise on broad commodities strength
Chicago December wheat dips
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures closed higher on Tuesday, following broad strength in commodity and equity markets tied to easing concerns about the global economy, traders said. The dollar index retreated from two-decade highs set last week, softening after Australia’s central bank surprised investors with a smaller-than-expected interest rate hike. The […] Read more
Russia says annual grain harvest to grow thanks to ‘new territories’
Reading Time: < 1 minute London | Reuters — Russia’s grain harvest is set to grow by about five million tonnes a year thanks to its incorporation of four Ukrainian territories, Agriculture Minister Dmitry Patrushev said Tuesday. “Considering the arable land that exists there, I think at least five million tonnes of grain will be added to the Russian savings […] Read more
A message from April Stewart, Country Guide's Associate Editor
