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(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Wheat falls in thin trade

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Thursday on technical selling, hitting their lowest level since last week on a lack of supportive news and plentiful global inventories, analysts said. Corn and soybeans also sagged. Chicago Board of Trade May wheat settled down 6-1/2 cents at $4.23-1/4 per bushel (all figures US$). CBOT […] Read more
(Photo courtesy United Soybean Board)
Crops, Markets, Reuters

U.S. grains: Soybeans plumb new lows

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade May soybean futures fell to their lowest level in a year on Tuesday, pressured by expectations for record-large U.S. plantings and a massive South American harvest, analysts said. Corn futures fell one per cent on profit-taking a day after reaching a three-week top, while wheat ended narrowly […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: CME hog futures slump on pork demand fears

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Monday, pressured by concerns that the seasonal bump in supplies might further hurt cash prices and curb retail pork buying, said traders. They said sell stops and fund liquidation hastened hog market losses. April hogs ended 0.875 cent/lb. lower at 64.8 cents, and […] Read more
(Bob Nichols photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn at three-week high on U.S. area outlook

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures hit a three-week high on Monday while soybeans set multi-month lows as traders continued to respond to a plantings forecast released Friday by the U.S. Department of Agriculture, analysts said. Wheat followed corn higher, supported by commodity funds covering short positions. “We’re still buying feed grains and selling […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola along for ride with soybeans

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Reading Time: < 1 minute CNS Canada — While springtime canola supplies look favourable for prices, bearish oilseed situations elsewhere leave ICE Futures Canada prices straddled with downside, especially ahead of a key production report. “The supply and demand fundamentals on canola are all optimistic, better than they are on most oilseeds,” said Mike Jubinville of ProFarmer Canada. “But let’s […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Wheat rebounds after 2-1/2-month lows

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat prices climbed on Tuesday in a light rebound from multi-month lows set on Monday, although forecasts for much-needed rains in the Plains wheat belt kept a lid on gains, analysts said. Corn firmed and soybeans edged higher after a choppy session as traders adjusted positions ahead of a pair […] Read more

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