Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures rose on Wednesday as the market recovered slightly after improved U.S. crop conditions and concerns about China’s economy pushed prices to their lowest level since December 2020. Soybean futures also rebounded from a slide on Tuesday. The gains reflected uncertainty about the size of upcoming […] Read more
U.S. grains: Corn up off low on weather, Black Sea tensions
Ukraine reports Russian attack on grain storage facilities
U.S. grains: Corn futures touch 2020 low on improved crop ratings
U.S. soybean crushings set record in July
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures tumbled on Tuesday to their lowest level since 2020 after a weekly report from the U.S. government showed better-than-expected crop conditions. Soybean futures also slid on improved U.S. crop ratings, while wheat reached its lowest level in more than two months. A risk-averse sentiment across […] Read more
U.S. grains: Wheat down as traders shrug off Russian warning shots
CBOT soybeans close higher
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures set a two-month low on Monday on increasing estimates for Russia’s production and exports, analysts said, shrugging off a Russian warship firing warning shots at a cargo ship on its way to Ukraine. Corn futures finished near unchanged after matching a recent low from 2021, […] Read more
U.S. grains: Soybean, grains futures drop as traders shed risk
Corn, soy harvests set to be smaller than expected
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean and grain futures turned lower on Friday as improving growing weather led investors to anticipate that U.S. Midwest crop conditions will improve, traders said. Corn and soybean futures had a particularly choppy trading session as a flurry of bearish signs prompted investors to shed risks at the end of […] Read more
U.S. grains: Corn, wheat firm ahead of USDA report
CBOT soybeans end mixed
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn and wheat futures firmed on Thursday, with traders unwinding bearish bets ahead of a key U.S. government report on supply and demand on Friday. The soybean market was mixed, with thinly traded old-crop contracts easing and new-crop contracts firming as investors adjusted positions ahead of the […] Read more
CBOT weekly outlook: Few changes expected in coming U.S. reports
Trade's expectations already factored into prices
Reading Time: 2 minutes MarketsFarm — Soybeans may see significant changes in new-crop carryout numbers when the U.S. Department of Agriculture (USDA) releases several key reports Friday, but corn and wheat estimates will likely stay put for the most part, according to one analyst. USDA releases both its crop production report and its monthly world agricultural supply/demand estimates (WASDE) […] Read more
U.S. grains: Soy futures rise, wheat drops
Traders adjust positions ahead of USDA report due Friday
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures rose on Wednesday on improving U.S. export demand and as the market recovered from a one-month low reached in the previous session, analysts said. Corn and wheat futures declined. Exporters sold 251,000 metric tonnes of U.S. soy to China, the largest buyer of the oilseed, […] Read more
U.S. grains: Corn, soybean futures firm
Chicago wheat weak on demand view
Reading Time: < 1 minute Chicago | Reuters — U.S. soybean and corn futures edged higher on Tuesday, recovering from early weakness as investors covered short positions ahead of a key U.S. government crop outlook on Friday, traders said. Wheat futures dipped, with concerns about weak demand for U.S. supplies weighing on the market after Egypt booked another deal for […] Read more
U.S. grains: wheat firms on Russian port attack, India import prospects
Attack near grain hub heightens war risks to Black Sea trade
Reading Time: 2 minutes Chicago | Reuters – Chicago wheat climbed on Friday after a Ukrainian drone attack near a Russian Black Sea export hub, rekindling global supply fears while India raised demand expectations as it considers scrapping wheat tariffs. Soybeans climbed on stronger crude and vegetable oil markets, also on alert following the Black Sea disruptions. Corn followed […] Read more
U.S. grains: wheat falls after Ukraine port attack renews worries
Russian attack Wednesday underscored the risk of a further squeeze on Ukrainian exports
Reading Time: 2 minutes Chicago | Reuters – Chicago wheat slid for a sixth consecutive session on Wednesday, after sharp gains overnight as supply jitters caused by a Russian strike against a Ukrainian port were tempered by strong Russian exports and signs Moscow is open to reviving a Black Sea corridor deal. Soybeans dipped to one-month lows and corn […] Read more
A message from April Stewart, Country Guide's Associate Editor
