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

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

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

CBOT weekly outlook: Corn, soybeans face uncertain future
Reading Time: 2 minutes CNS Canada –– Chicago corn and soybeans both suffered heavy losses during the week ended Wednesday, as a supply and demand survey by the U.S. Department of Agriculture projected better-than-expected harvests. The report pegged U.S. corn output at 13.686 billion bushels while soybean output was pegged at 3.916 billion bushels. Both numbers were larger than […] Read more

USDA sees bumper corn, soy crops despite floods
Reading Time: 2 minutes Washington | Reuters –– U.S. corn and soybean harvests were pegged above expectations this year as strong yields in areas west of the Mississippi River will make up for problems caused by excessive rains in eastern production states, the government said Wednesday. The U.S. Department of Agriculture forecast the 2015-16 soybean harvest at 3.916 billion […] Read more