Reading Time: 2 minutes Chicago Board of Trade (CBOT) soybean futures jumped two per cent on Wednesday, climbing back above $12 a bushel as commodity funds appeared to cover short positions, brokers said, while news of fresh U.S. soybean export sales and excessive rains in Argentina lent support.
U.S. grains: Soybeans climb back above $12 a bushel while wheat stumbles
Rangebound outlook for CBOT soybeans/corn in short-term
Reading Time: < 1 minute Soybean and corn futures at the Chicago Board of Trade have both shown some strength over the past week but should be expected to hold relatively rangebound in the short term ahead of acreage data due out at the end of the month, according to an analyst.
U.S. grains: Wheat, corn tick up on short covering; soybeans falter
Reading Time: 2 minutes Chicago Board of Trade (CBOT) wheat and corn futures strengthened on Tuesday on technical moves as traders seek to unwind short positions ahead of uncertain springtime weather and upcoming U.S. Department of Agriculture reports, analysts said.
U.S. grains: Wheat jumps on rising Black Sea tensions, soy slips
Reading Time: 2 minutes U.S. wheat futures rose 2.7 per cent on Monday as Russia's weekend attacks on Ukrainian ports underscored risks to exportable grain supplies from the Black Sea region, analysts said.
Attaché trims Argentina soybeans, but crop still more than double
Reading Time: 2 minutes Soybean production in Argentina for 2023/24, along with beginning stocks and imports were revised downwards by the United States Department of Agriculture attaché in the capital of Buenos Aires.
U.S. grains: Wheat continues downward trend, soy and corn rise on short covering
Reading Time: 2 minutes Chicago Board of Trade wheat futures weakened on Friday as plentiful global supplies and weak demand anchored the market, analysts said.
U.S. grains: Wheat and corn plunge on poor export news, soy follows lower
Reading Time: 2 minutes Chicago Board of Trade wheat futures plunged on Thursday to approach their lowest level since 2020 and dragged corn prices down on spillover weakness, analysts said.
U.S. grains: CBOT corn futures ease on technical selling, US planting plans
Reading Time: < 1 minute Chicago Board of Trade (CBOT) corn futures eased on technical selling on Wednesday, as market participants sought profits and assessed U.S. spring planting, analysts said.
CBOT Weekly: ‘Beaten up’ prices make their way upwards
Reading Time: 2 minutes After weeks of tumbles toward new contract lows, the month of March is looking mighty so far for grains on the Chicago Board of Trade (CBOT).
U.S. grains: Soybeans, wheat rise on technical trading, poor Brazilian weather
Reading Time: 2 minutes Chicago Board of Trade wheat and soybean futures all turned higher on Tuesday as a stubbornly bearish market gained support from weather issues in Brazil and a flurry of short covering as funds shift out of their huge net short positions.
A message from April Stewart, Country Guide's Associate Editor
