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Tag Archives wheat futures

(Michael Thompson photo courtesy ARS/USDA)
Crops, Markets, Reuters, Spring Wheat

U.S. grains: Wheat falls below $5 on global supply, forecasts

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade wheat futures fell roughly two per cent on Friday, dropping below US$5 a bushel amid plentiful global supplies and forecasts for timely rains in the U.S. Plains, analysts said. Corn firmed after hitting a one-month low ahead of a busy U.S. harvest weekend. Soybean futures fell on […] Read more
(Country Guide file photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie wheat bids edge down as loonie rises

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Reading Time: 2 minutes CNS Canada –– Cash wheat bids across Western Canada posted small losses over the week ended Friday, as the strengthening Canadian dollar cut into basis levels. Average Canada Western Red Spring (CWRS) wheat prices were generally down by C$1 to $4 per tonne across the three Prairie provinces, according to price quotes from a cross-section […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans top US$9 on Chinese demand

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Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures traded at the highest levels in nearly two months, topping US$9 a bushel on fresh export demand from top buyer China and global weather worries, analysts said. Wheat and corn also climbed, with wheat up more than two per cent after a four-session slide. At the Chicago Board […] Read more
(FIle photo by Allan Dawson)
Crops, Markets, Reuters

U.S. grains: Corn to two-week low as U.S. harvest ramps up

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to a two-week low on Monday on expectations of strong harvest progress in the Midwest and inter-market spreading against soybeans, traders said. Soybean futures closed firm on follow-through buying after a smaller-than-expected U.S. government crop estimate last week but pared gains by the close. Wheat posted modest […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Soy jumps on USDA’s surprising cut in acres

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures jumped to a one-week high on Friday after the U.S. Department of Agriculture lowered its domestic production estimate more than analysts had expected. Corn futures touched a two-week low on bigger-than-expected U.S. production and inventory estimates in the agency’s monthly crop reports. USDA surprised traders in both markets […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Harvest pressure hits prices before crop reports

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Reading Time: 2 minutes Chicago | Reuters — U.S. grain futures on Thursday extended a setback from 10-week highs reached a session earlier, pressured by an influx of fresh supplies from U.S. harvests and profit taking ahead of the release of highly anticipated crop data. Soybeans also fell, snapping a three-day rally before the U.S. Department of Agriculture issues […] Read more
(Lisa Guenther photo)
Crops, Markets, Reuters

U.S. grains: Profit-taking, advancing harvests snap rallies

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Reading Time: 2 minutes Chicago | Reuters –– U.S. grain futures retreated from their highest prices in more than two months on Wednesday under pressure from advancing U.S. harvests and profit-taking ahead of key crop reports. Declines in corn snapped a four-day rally that was fuelled by expectations the U.S. Department of Agriculture will trim its production estimates in […] Read more
(FIle photo by Allan Dawson)
Crops, Markets, Reuters

U.S. grains: Corn tops two-month high

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Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures climbed to their highest in more than two months on Tuesday as traders predicted the U.S. will cut its production estimate in a crop report due out Friday. The U.S. Department of Agriculture, in the monthly report, may reduce its estimates for the average corn yield and for […] Read more

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