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Tag Archives soybean futures

Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Soybeans dip on Argentina rain outlook, technical selling

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell for a third straight session on Friday on technical selling and as an improved South American crop weather forecast soothed some anxiety about drought-reduced production in Argentina. Wheat also declined, with soft red winter wheat futures pressured by forecasts for snow in some U.S. production areas. Corn […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans fall on weak exports, bumper Brazil harvest

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped for a second straight day on Thursday on technical selling and profit taking following government data showing lower-than-anticipated U.S. export sales last week. Forecasts for rain and cooler temperatures in Argentina by mid-February and an accelerating soy harvest in Brazil further weighed on prices. Corn and wheat […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans, Winter Wheat

CBOT weekly outlook: Futures get weather boost

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Reading Time: 2 minutes CNS Canada — The troublesome weather that gave Chicago Board of Trade (CBOT) corn, soybean and wheat contracts a boost over the past week should remain supportive, despite nearby technical setbacks, according to a trader. “I’m still slightly bullish on beans, corn and wheat given the unfavourable weather situation in South America, with too much […] Read more
(FIle photo by Allan Dawson)
Crops, Markets, Reuters

U.S. grains: Profit-taking drags wheat from multimonth peaks

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Reading Time: 2 minutes Chicago | Reuters — U.S. winter wheat futures turned lower on Wednesday in a profit-taking setback from multi-month highs after five straight sessions of gains fuelled by concerns over poor crop conditions in the U.S. Soybeans were also lower as traders banked profits from a recent grain market rally and a slightly improved crop weather […] Read more
Crops, Markets, Reuters

U.S. grains: Winter wheat jumps as crop conditions drop

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Reading Time: 2 minutes Chicago | Reuters — U.S. winter wheat futures surged to their highest in at least four months on Tuesday, led by a more than three per cent rally in hard red winter wheat, after the government slashed condition ratings for the drought-hit U.S. Plains crop. Soybeans and corn also advanced on technical buying and short […] Read more
Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Soybeans retreat from seven-week high

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures pulled back on Thursday after concerns about drought in rival exporter Argentina temporarily pushed prices above US$10 a bushel for the first time in seven weeks. The market finished unchanged, breaking a streak of eight sessions with consecutive advances. A ninth session would have marked the longest string […] Read more

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