Reading Time: 2 minutes MarketsFarm – Recent weather forecasts for much of the United States put pressure on grain prices on the Chicago Board of Trade (CBOT) during the week ended Aug. 2. Cooler and wetter conditions are expected for the U.S. Midwest during the first half of August, which could help stabilize corn and soybean crops affected by […] Read more
CBOT weekly outlook: August forecasts pulling prices down
Wheat prices went down during the week despite Russia’s withdrawal from Black Sea deal
U.S. grains: Soybeans climb on export hopes; corn, wheat remain weak
Wheat slips again as Black Sea competition continues
Reading Time: 2 minutes Chicago | Reuters – Soybean futures on the Chicago Board of Trade ended higher on Tuesday after two-sided trade, as export demand optimism won out over forecasts for cooler, wetter weather that pressured markets. Chicago corn eased, pressured by expectations that timely rains in August would improve heat-stressed crops. Wheat fell for a fifth session […] Read more
U.S. grains: corn, soy fall as US weather improves
Wheat dropped despite Black Sea supply concerns
Reading Time: 2 minutes Chicago | Reuters – Chicago soybeans and corn fell on Monday, pressured by expectations of cooler, wetter weather across the U.S. Midwest in August. Wheat also dropped, despite worries over Black Sea supplies, although no new major Russian attacks on Ukrainian grain infrastructure were reported over the weekend. Chicago Board of Trade most-active corn Cv1contract […] Read more
U.S. grains: grain, soy futures drop on milder US weather, with eyes on Black Sea
Markets have retreated since touching multi-week highs on Monday
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade grain and soybean futures fell to their lowest prices in more than a week on Friday on hopes that U.S. crop weather will improve and Russia will ease its attacks on Ukraine’s grain facilities, analysts said. Technical selling added pressure to prices. Heading into August, the key […] Read more
U.S. grains: Corn, wheat slide sharply on promise of rain, yield potential
Soybeans steady to higher, boosted by weak U.S. dollar, export news
Reading Time: 2 minutes Chicago | Reuters – Chicago corn and wheat futures slid on Wednesday on technical trading and news of a better-than-expected spring wheat forecast in parts of North Dakota, even as a heat wave stretched across the U.S. Midwest and part of the Mississippi Valley, traders said. Meanwhile, soybean futures were steady to higher on the […] Read more
ICE weekly outlook: canola market heading towards choppy waters
Markets will pause to see how the crops finish developing: analyst
Reading Time: 2 minutes Marketsfarm – While the recent gains in canola on the Intercontinental Exchange were likely generated by the spreaders, the market will probably become choppy, according to Ken Ball, trader with PI Financial in Winnipeg, Man. “Spreaders for the last few days have been selling canola and buying soyoil,” Ball suggested in a July 26 interview, […] Read more
U.S. grains: wheat pares gains after 5-month top; corn, soybeans retreat
The market pulled back from five-month highs as Russia appeared to slow its port attacks
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade (CBOT) wheat futures Wv1 pared gains after setting five-month highs on Tuesday after Russia’s attacks on Ukrainian ports and grain infrastructure raised concerns about long-term global supplies and triggered a round of fund short-covering, analysts said. The wheat market pared gains and even dipped lower at times […] Read more
U.S. grains: wheat soars daily limit as Russia attacks Ukrainian grain ports
E.U. further reduces crop forecast, USDA ratings for soybean and spring wheat declines
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures surged 8.6% on Monday, rising their daily maximum at the Chicago Board of Trade (CBOT) after Russia attacked Ukrainian ports and grain infrastructure, including the first attack on Danube River grain warehouses. The attacks targeted a vital export route for Kyiv in an expanding air campaign that Moscow began […] Read more
U.S. Grains: wheat futures drop, corn weak, soybeans mixed
Market going "from forecast to forecast" says expert
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures dropped 4.1 per cent on Friday, with traders locking in profits from a rally sparked by escalations in the Russia-Ukraine war that raised the prospects of export disruptions from the two key global suppliers. Corn futures also were weaker, pressured by forecasts that showed more rain and cooler temperatures in […] Read more
U.S. Grains: CBOT wheat futures dip after rally; corn, soybeans also lower
Wheat futures had risen in four of the previous five sessions
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures dipped on Thursday but remained near recent peaks as a third night of Russian attacks on Ukrainian ports renewed concerns about disruptions to exports needed to meet world demand and stave off rising food prices. Wheat futures had risen in four of the previous five […] Read more
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