Tag Archives soybean futures

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures hit a four-month high on Friday as concern about summer weather risk in the Midwest and dry conditions in Brazil prompted investors to cover short positions, analysts said. Soybean futures also rose, but stayed below multi-month peaks set this week, while wheat ended flat. At the Chicago Board […] Read more

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell nearly one per cent on Thursday on profit-taking and softening cash markets following a four-session advance that lifted the spot May contract to an eight-month high, traders said. Wheat futures ended lower one day after setting a one-week high. But corn settled modestly higher, supported by stronger-than-expected […] Read more

Reading Time: 2 minutes Chicago | Reuters –– Front-month U.S. corn futures rose three per cent on Wednesday, their biggest single-day advance since September, on short-covering and concerns about planting prospects in the Midwest, analysts said. Concerns about South American weather lent support. Soybean futures also charged higher, buoyed by chart-based buying and data showing strong demand from China, […] Read more

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell three per cent to a five-week low on Monday as weekend rains in the U.S. Plains, and forecasts for more next weekend, eased worries about yield prospects, traders said. Corn followed wheat down, but soybeans rose to an eight-month high on technically driven trade. At the Chicago […] Read more