(Lisa Guenther photo)

U.S. grains: Soy falls for third day in a row

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures eased on Tuesday on pressure from abundant global supplies and weakening demand for U.S. offerings on the export market, traders said. “The world supplies are still large. The crop in South America continues to grow as harvest continues to progress in Argentina,” said Don Roose, analyst […] Read more


(Michael Thompson photo courtesy ARS/USDA)

U.S. grains: Technical sales, rain outlook pressure wheat

Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures fell on Monday on a round of technical selling after posting their biggest weekly gain in 3-1/2 months, traders said. Corn and soybean futures also were weaker, pressured by robust global supplies and profit taking after posting modest gains during the overnight trading session. Wheat futures, which had […] Read more



Mondelez’s brands in Canada include Oreo cookies, which marked their 100th anniversary with this giant replica unveiled in 2012 in Toronto. (CNW Group/Kraft Canada)

U.S. CFTC sues Kraft, Mondelez over alleged wheat price manipulation

Reading Time: < 1 minute Reuters — The U.S. Commodity Futures Trading Commission on Wednesday charged Kraft Foods Group and Mondelez International with manipulation of prices of wheat used in products such as Oreo and Chips Ahoy cookies. The regulator alleged that Kraft and Mondelez bought $90 million of wheat futures, or a six-month supply, but never intended to take […] Read more

(Lisa Guenther photo)

U.S. grains: Soy extends rally sparked by plantings report

Reading Time: < 1 minute Chicago | Reuters — U.S. soybean futures jumped 1.6 per cent on Wednesday, their third straight day of gains, as the U.S. government’s forecast for smaller-than-expected plantings of the oilseed continued to fuel buying. Corn and wheat also rose, rebounding from sharp losses on Tuesday as bargain buyers stepped in despite huge global supplies. A […] Read more


(Lisa Guenther photo)

U.S. grains: Corn hit by one-two punch of plantings, stocks data

Reading Time: 2 minutes Chicago | Reuters –– A double-whammy of U.S. crop reports pegging corn plantings and inventories above traders’ estimates knocked down grain futures on Tuesday and fuelled forecasts for further price declines. Taken together, the data lifted expectations for corn supplies after U.S. farmers brought in a record harvest last year, signalling a boon for livestock […] Read more



(Lisa Guenther photo)

U.S. grains: Wheat rebounds ahead of USDA reports

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat climbed as much as two per cent in a bargain-buying bounce on Friday, rebounding after three sessions of steep declines that dragged futures into technically oversold territory. Soybean and corn futures each were lower at the Chicago Board of Trade (CBOT) with investors in all three trading pits squaring […] Read more