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

U.S. grains: Soybeans drop below $10 on profit-taking

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures weakened on Monday, dipping below the US$10-per-bushel threshold the market hit for the first time in 2-1/2 months last week. “Soybeans are lower, giving back some of last week’s gains on profit taking,” Farm Futures analyst Bryce Knorr said in a note to clients. Soybean […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Front-month soy tops US$10

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Reading Time: 2 minutes New York | Reuters — U.S. spot soybean futures closed above US$10 a bushel on Friday, the highest in 2-1/2 months, on follow-through buying a day after the U.S. Department of Agriculture lowered its estimate of the U.S. average soy yield, analysts said. Corn futures rose on a bigger-than-expected weekly export sales tally and wheat […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Soybeans jump after USDA cuts yield estimate

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures jumped to a 2-1/2-month high on Thursday after the U.S. Department of Agriculture lowered its U.S. soybean yield estimate in a monthly report, bucking trade expectations for a slight increase. Corn futures followed soybeans higher, rallying after front-month December set a contract low, while wheat futures retreated. Chicago […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola looks to USDA for direction

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Reading Time: 2 minutes CNS Canada — The canola market continues to chop around in its recently-established range of $490-$500 per tonne, but a looming U.S. Department of Agriculture report could change that, according to an industry analyst. “That (USDA supply and demand report) is going to be the driver,” said Keith Ferley of RBC Dominion Securities in Winnipeg. […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn, wheat hit one-month lows

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures fell to one-month lows on Wednesday, a day ahead of monthly U.S. Department of Agriculture reports that are expected to confirm big crops and plentiful global grain supplies, analysts said. Soybeans closed fractionally lower after a choppy session. Chicago Board of Trade December corn settled down […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hogs rise on stronger cash markets

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hogs climbed for the second straight session on Wednesday, buoyed by short-covering and rising cash hog prices, traders and analysts said. Live cattle and feeder cattle futures each were little-changed in relatively light-volume trading in livestock futures ahead of a U.S. Department of Agriculture monthly grain supply […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Sideways soy, corn still await spark

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Reading Time: < 1 minute CNS Canada — Soybean and corn futures at the Chicago Board of Trade are both stuck in sideways trading ranges, looking for a catalyst to break one way or the other. The U.S. Department of Agriculture releases its latest supply/demand report on Thursday, with the updated production estimates possibly providing that spark. “If something’s going […] Read more
(Allan Dawson file photo)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans, wheat end modestly lower

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures closed fractionally lower Tuesday on technical selling, bucking strength in other commodity markets, including crude oil. Wheat futures on the Chicago Board of Trade also fell, with the spot December contract hitting a four-week low as traders positioned for monthly U.S. government reports due Thursday. The […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat nears four-week low on weak export demand

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Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures fell to a near four-week low on Monday on plentiful global inventories and weak demand for U.S. supplies, analysts said. Soybeans turned down after touching a two-week high and corn drifted lower on a day when U.S. government offices, including the Department of Agriculture, were closed for the […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy hits one-week top

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed to a one-week high on Friday, buoyed by a light surge of buying in the closing minutes of trade following a dull, largely technical session, analysts said. Wheat and corn also closed with modest gains. Chicago Board of Trade November soybeans settled up four cents at $9.72-1/4 […] Read more

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