U.S. grains: Wheat hits six-month high on Russia worries

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures surged four per cent on Wednesday, rising for a fifth straight session on worries that Russia, a key global supplier, might restrict exports to cool domestic prices, traders said. Strong U.S. ethanol production bolstered corn, while soybeans firmed on technical buying. CBOT March wheat settled […] Read more

(Lisa Guenther photo)

U.S. grains: Wheat hits six-month top on worries over Russian exports

Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade wheat futures climbed to a six-month high Tuesday on lingering fears that Russia might seek to curb grain exports as a result of pressure on the rouble. Soybeans fell on improving South American crop prospects and softening values for soymeal while corn retreated from multimonth highs set […] Read more


(Lisa Guenther photo)

Russian export uncertainty driving U.S. wheat futures

Reading Time: < 1 minute CNS Canada — Uncertainty over Russian exports has brought some volatility to U.S. wheat markets, with shifting speculation on the country’s intentions a major driver in day-to-day futures trade. “We’ve seen the market see-saw back and forth, with whatever Russia said (influencing) the way the market moved,” said market analyst Bryan Strommen of Progressive Ag […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat up two per cent on Russia export uncertainty, technicals

Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade wheat futures rose two per cent on Monday on a mix of chart-based buying and uncertainty over Russian grain export policy, traders said. Soybeans fell, pressured by a monthly industry report showing a smaller-than-expected November soy crush. Corn ended higher, but gains were limited by stepped-up farmer […] Read more



(Lisa Guenther photo)

U.S. grains: Wheat rallies late, ends up on fund buying

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rallied 2.6 per cent on Thursday, ending a choppy trading session with a late-day surge on short-covering and fund buying amid talk of a slowdown in exports from Russia. Corn futures rose to a one-month high on strong export sales and technical buying, but prices closed below their […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat drops as fears fade about Russian export limits

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell two per cent on Tuesday as Russia denied it was discussing grain export restrictions, while soybean futures rose for the fifth consecutive session on strong export demand. Corn futures advanced as traders adjusted positions ahead of a monthly U.S. Department of Agriculture report on Wednesday. The wheat […] Read more




(Lisa Guenther photo)

U.S. grains: Wheat nears five-month top as Russia tightens export rules

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures climbed to their highest in nearly five months on Friday, supported by news that Russia, a major global wheat supplier, was tightening its grain export rules, traders said. Soybeans fell nearly three per cent as soymeal declined on talk of softening cash meal values. Corn also sagged on […] Read more