Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rallied on Monday with K.C. hard red winter wheat hitting a two-year high on concerns that dry soils will crimp yields in key production areas around the world, traders said. Corn futures were steady, supported by the strong gains in the wheat market while soybeans closed firm on […] Read more
U.S. grains: Wheat futures jump on weather woes
CBOT corn flat, soy firm
U.S. grains: Corn, soybeans sag on harvest pressure, investor caution
CBOT December wheat closes higher
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures fell on Friday on expectations for the harvest of both crops to expand in the heart of the Corn Belt, and on investor caution following news of U.S. President Donald Trump’s positive test for COVID-19, analysts said. Wheat futures firmed on concern about dry weather in […] Read more
U.S. grains: Soybeans end down on harvest pressure
Chicago corn, wheat futures climb
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Monday on the outlook for favourable harvest weather in the heart of the Midwest, where producers are poised to sell soybeans and store their corn, analysts said. Traders were also squaring positions ahead of quarterly grain stocks reports due midweek from the U.S. Department of Agriculture. […] Read more
CBOT weekly outlook: Harvest pressure to weigh on soy, corn
Reading Time: < 1 minute MarketsFarm — Seasonal harvest pressure may weigh on soybean and corn futures at the Chicago Board of Trade over the next month, but there is also still good support on the other side, according to an analyst. “The biggest trouble now for the market is the harvest pressure coming in,” said Tom Lilja of Progressive […] Read more
U.S. grains: Soy extends rally as China keeps buying
Data awaited from USDA
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed on Wednesday to their highest in more than two years and recorded a 12th straight daily advance on continued export demand from China, coupled with worries about crop-killing frost in parts of the Midwest, analysts said. Wheat futures ended narrowly mixed while corn futures drifted lower in […] Read more
U.S. grains: Corn gains as Iowa yields falter on storm damage
Soybeans even near seven-month high; wheat down slightly on Russian yield forecast
Reading Time: 2 minutes Chicago | Reuters — Chicago corn rose on Friday after a U.S. Midwest crop tour found storm damage across top corn-growing state Iowa. Meanwhile, soybeans ended lower as tropical storms in the U.S. Gulf offered hope for much-needed rain in parts of the Midwest, offsetting strong export demand. And wheat rallied late in the day […] Read more
Who owned the chemicals that blew up Beirut? No one will say
The fertilizer's Georgian producer has since been dissolved; the ship that brought it to Lebanon sank in 2018
Reading Time: 5 minutes Moscow/Dubai/London | Reuters — In the murky story of how a cache of highly explosive ammonium nitrate ended up on the Beirut waterfront, one thing is clear — no one has ever publicly come forward to claim it. There are many unanswered questions surrounding last week’s huge, deadly blast in the Lebanese capital, but ownership […] Read more
U.S. grains: Soybeans up with exports, corn up slightly on dry weather
Big expected Russian, Canadian crops weaken wheat
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures rose on Monday as a spate of new-crop soybean export sales eased concerns about forecasts of huge harvests across the U.S. Midwest. Corn futures were buoyed by dryness in top corn-producing states, as weekend rainfall missed drought-stricken parts of western Iowa. Meanwhile, wheat futures slipped on estimates for […] Read more
U.S. grains: Bearish supply outlooks spark selling in corn, soy, wheat
Wheat outlooks in Canada, Russia, Australia bearish
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell for the fourth day in a row to their lowest since June 30 as expectations kept building that growing supplies will outstrip demand even as top buyer China steps up its purchases, traders said. A bearish supply outlook also pressured wheat futures, which dropped to a one-month […] Read more
U.S. grains: Wheat futures fall on U.S. export woes
Corn, soybeans firm
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures dropped two per cent on Monday as rising expectations for harvests in Russia and Australia cast a shadow over already weak demand prospects for U.S. supplies, traders said. “Even though our prices are low, we are still being undersold,” said Al Kluis, managing director of Kluis Commodity Advisors. […] Read more
A message from April Stewart, Country Guide's Associate Editor
