(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat nears one-month high on global weather worries

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures neared a one-month high on Wednesday on short-covering and poor weather in Australia and the Black Sea region that worried traders who have recently been focused on large global supplies. Corn and soybean futures ended little changed. Propelling wheat prices higher was dry weather that is threatening the […] Read more

(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soy futures fall as harvest pace picks up

Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and soybean futures fell on Tuesday, under pressure from the expanding harvest around the U.S. Midwest as well as some profit-taking after rallying on Monday, traders said. Wheat futures also fell, but losses were kept in check as bargain buyers stepped into the market when prices hit their session […] Read more


(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat, corn rise on short-covering bump

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Monday, with the benchmark Chicago Board of Trade soft red winter wheat contract gaining 1.8 per cent, on a round of short-covering by investment funds as well as technical buying, traders said. “If you are looking for a fundamental reason for today’s price rally, look elsewhere, […] Read more




(Lisa Guenther photo)

CBOT weekly outlook: Corn, soybeans moving on technical trading

Reading Time: < 1 minute CNS Canada –– Corn and soybean futures at the Chicago Board of Trade (CBOT) are mostly moving on technical trading, profit-taking and good harvest weather. “It’s a technical trade; the range may have moved up a little bit higher than what we had thought,” said Scott Capinegro, senior broker with Highground Trading Group. Soybeans saw […] Read more


(USDA.gov via Flickr)

USDA probes release of incorrect data that pressured crop prices

Reading Time: 2 minutes Chicago | Reuters — A U.S. Agriculture Department (USDA) unit is reviewing its procedures after posting incorrect crop data online on Wednesday, an error that temporarily pressured grain prices. The Farm Service Agency (FSA) inadvertently issued the wrong data on crop acreage around 5 a.m. CT and posted corrected data four hours later. The agency […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. grains: Corn, wheat fall for second day on harvest, ample supply

Reading Time: 2 minutes Chicago | Reuters — U.S. grains were lower on Wednesday, with both corn and wheat easing about one per cent for their second straight session of declines on pressure from the advancing corn harvest and plentiful global grain supplies. Soybeans reversed from earlier gains to turn narrowly lower, in light trading volumes in each commodity […] Read more


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans hit three-week high as crop condition declines

Reading Time: 2 minutes Chicago | Reuters –– U.S. soybeans rose to a three-week high on Tuesday, underpinned by a U.S. Department of Agriculture report showing a slight deterioration in crop ratings that could result in lower yields. Wheat and corn declined at the Chicago Board of Trade (CBOT) in relatively thin volumes in all three commodities, with many […] Read more

(FIle photo by Allan Dawson)

U.S. grains: Corn extends run to one-month top on USDA yield cut

Reading Time: 2 minutes Chicago | Reuters — U.S. corn surged to a one-month high while wheat and soybean futures also rose sharply on Monday as investors bet the U.S. Department of Agriculture will reduce crop production forecasts in reports due in the coming weeks. Traders also exited short positions in nearby Chicago Board of Trade contracts as September […] Read more