U.S. grains: Corn, wheat surpass one-month highs

U.S. grains: Corn, wheat surpass one-month highs

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures jumped on Monday to their highest levels in over a month on technical buying as well as concerns about rain stalling the country’s autumn harvests. Soybean futures slumped as China — the world’s top buyer of the oilseed — and the U.S. imposed fresh tariffs on […] Read more



U.S. grains: Corn, soy up as export data sparks short-covering

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures climbed nearly two per cent on Thursday, hitting a one-week high as higher-than-expected weekly export sales and prospects for U.S. harvest delays sparked a round of short-covering, analysts said. Soybeans also rose about two per cent, while wheat futures posted modest gains after a choppy session. Chicago Board […] Read more

(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans rebound from 10-year low

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose roughly two per cent on Wednesday, rebounding a day after the most active contract fell to a 10-year low as the harvest of a likely record-large U.S. crop got under way, analysts said. U.S. wheat futures climbed on technical buying and tightening global supplies, while corn futures […] Read more


(Lisa Guenther photo)

CBOT weekly outlook: Spec selling pressures corn, soy

Reading Time: 2 minutes CNS Canada — A recent round of contract selling by speculators has created a bearish outlook for corn and soybeans. Recently, both crops suffered losses after the U.S. Department of Agriculture released production estimates on Sept. 12 that were higher than expected. According to a trader, these and other challenges have painted a bearish picture […] Read more

CBOT November 2018 soybeans, with 20-day moving average in blue. (Barchart)

U.S. grains: Soy hits 10-year low on huge U.S. crop, trade woes

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to life-of-contract lows on Tuesday and the most actively traded contract hit its lowest in a decade as an escalating U.S.-China trade war darkened U.S. export prospects, analysts said. Corn futures also hit contract lows as the U.S. harvest expanded, while wheat futures rose on tightening global […] Read more


CBOT December 2018 corn, with 20-day moving average in orange. (Barchart.com)

U.S. grains: Corn slips to contract lows

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell about one per cent on Monday, with nearby months hitting contract lows as the harvest of a bumper crop picked up speed in the Midwest and early yield reports were strong, traders said. Soybean futures also declined on harvest progress, along with disappointing U.S. soy crush data […] Read more

CBOT December 2018 wheat. (Barchart.com)

U.S. grains: Wheat rebounds on bargain buying, corn follows

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures jumped three per cent on Friday, rebounding from an eight-week low on a round of technical buying and short-covering ahead of the weekend, traders said. The gains in wheat pulled corn futures slightly higher but expectations for a bumper U.S. harvest stifled rally attempts. Soybeans closed lower on […] Read more



(USDA.gov via Flickr)

CBOT weekly outlook: Big U.S. corn yields surprise market

Reading Time: 2 minutes CNS Canada — An unexpected upward revision to this year’s U.S. corn yields sent prices dropping Wednesday, and more losses are likely, according to market analysts. The U.S. Department of Agriculture, in a report released Wednesday, pegged average corn yields at 181.3 bushels per acre — up by about three bushels per acre from the […] Read more