Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade wheat prices climbed to a one-month high Tuesday on chart-based buying and fund short-covering as the market digested news that Russia might limit grain exports, traders said. U.S. soybean futures retreated and corn closed lower after a volatile session. At the CBOT, March wheat settled up 3-1/4 […] Read more
U.S. grains: Wheat rises to one-month high on technicals
U.S. grains: Wheat up on talk of Russia curbing exports
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures climbed to a one-week high on Monday on short-covering and concerns about the possibility that Russia might limit exports, traders said. Soybeans rose, led by soymeal, while corn ended nearly unchanged. At the Chicago Board of Trade, March wheat settled up six cents at $4.81-1/2 per bushel (all […] Read more
Prairie spring wheat bids dip as loonie rises
Reading Time: 2 minutes CNS Canada — Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as volatile activity in the Canadian dollar caused basis levels to soften. Average Canada Western Red Spring (CWRS) wheat prices were down by $3-$6 per tonne over the week, according to price quotes from a cross-section of delivery […] Read more
U.S. grains: Corn, wheat post small gains
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures inched higher in end-of-week consolidation trade on Friday, supported by some fresh global supply concerns and stronger-than-expected export data, traders said. Chicago Board of Trade soft red winter wheat also firmed slightly, with mild short-covering lending support. Ample global supplies but weak demand for U.S. […] Read more
U.S. grains: Corn snaps winning streak but wheat, soy firm
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures fell on Thursday, breaking a three-day streak of gains, as a pick-up in country movement of the yellow grain pulled prices from one-month highs hit early in the session, traders said. Wheat and soybean futures closed firm, bouncing back from declines on Wednesday on a round of bargain […] Read more
U.S. grains: Soybeans set back on profit taking
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped 1.1 per cent on Wednesday as investors locked in profits a day after the market’s rally to a four-week high, traders said. Wheat futures also fell, pressured by weak overseas demand for U.S. supplies. But corn closed slightly higher, with a surprise export sale triggering a mild […] Read more
U.S. grains: Corn, soybeans close firm; wheat gains muted
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean and corn futures closed firmer on Tuesday, hitting four-week highs on concerns about rains slowing the early soybean harvest in Brazil and investor hopes of stimulus measures in China, traders said. Chicago Board of Trade wheat futures followed corn and soybeans higher. Traders also cited technical buying in wheat […] Read more
Falling loonie boosts Prairie spring wheat bids
Reading Time: 2 minutes CNS Canada — Cash spring wheat bids across Western Canada moved higher during the week ended Friday, as declines in the Canadian dollar helped basis levels improve. Average Canada Western Red Spring (CWRS) wheat prices were steady to as much as C$5 per tonne higher over the week, according to price quotes from a cross-section […] Read more
U.S. grains: Corn, wheat up on short-covering ahead of long weekend
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and wheat futures each jumped one per cent or more on Friday, shrugging off earlier losses as investors took profits on bearish short bets ahead of a three-day holiday weekend, traders and analysts said. Soybeans eased at the Chicago Board of Trade, pressured by a steep downturn in soymeal […] Read more
U.S. grains: Wheat prices fall on hefty supplies
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat fell for the second straight day on Thursday, pressured by technical selling, ample global supplies and lacklustre demand for U.S. shipments and dragged by Paris futures which hit a contract low early in the session. Chicago Board of Trade wheat futures extended declines after Euronext March milling wheat tumbled […] Read more
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