Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to a one-week low on Friday and recorded a second straight weekly decline, pressured by fresh cancellations of U.S. soybean sales, traders said. Corn futures fell for a fourth straight session and also notched a weekly drop, while wheat futures firmed after a three-session slide. Chicago Board […] Read more
U.S. grains: Soybeans hit one-week low on export woes
U.S. grains: Soybeans down as exports disappoint, weather improves
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell more than two per cent on Thursday, with the benchmark November contract recording its largest single-day decline since August, on disappointing weekly export sales and improving U.S. harvest weather, analysts said. Corn and wheat followed the weak tone. Chicago Board of Trade November soybeans futures settled down […] Read more
U.S. grains: Soybeans firm on fund-driven buying
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed modestly on Wednesday in largely technical trade along with fund-driven buying and strength in allied soymeal futures, analysts said. Corn futures declined and wheat fell on technical selling. Chicago Board of Trade (CBOT) November soybean futures settled up one cent at $8.85-3/4 per bushel but stayed below […] Read more
U.S. grains: Soy, corn retreat from highs on improving weather
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures fell on Tuesday on improving harvest weather in the Midwest crop belt and some profit-taking a day after both commodities neared two-month highs, traders said. Wheat followed the weak trend after a choppy session. Chicago Board of Trade November soybeans settled down 6-3/4 cents at $8.84-3/4 […] Read more
U.S. grains: Soybeans rally on slow harvest pace, quality concerns
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures jumped 2.8 per cent on Monday on poor Midwest harvest conditions, coupled with reminders of strong domestic crushing demand and signs of U.S. soy cargoes headed to China, analysts said. Corn and wheat followed the firm trend. Chicago Board of Trade November soybean futures settled up 24 cents […] Read more
U.S. grains: Crop forecasts lift corn, soy for second day
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for a second straight session on Friday on short-covering and follow-through buying after a government report the prior day forecast a smaller-than-expected U.S. harvest. Corn also advanced after the U.S. Department of Agriculture (USDA) unexpectedly cut its U.S. corn yield outlook in a monthly report on Thursday […] Read more
U.S. grains: Corn hits seven-week high on USDA’s surprise yield cut
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures jumped more than 1 percent to a seven-week high on Thursday after the U.S. Department of Agriculture (USDA) unexpectedly cut its yield forecast for the 2018 crop, leaving stocks of the grain lower than anticipated. Soybean futures followed corn higher, reversing earlier losses as the government’s harvest outlook […] Read more
U.S. grains: Soybeans slump on big harvest, trade war worries
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell for a second day on Wednesday, shedding more than one per cent on expectations of a bumper U.S. crop and concerns about a protracted U.S.-China trade war that has already depressed demand for U.S. shipments. Corn and wheat also eased as traders squared positions ahead of a […] Read more
U.S. grains: Wheat sinks on technical selling, stronger U.S. dollar
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell more than one per cent on Monday on technical selling and as a stronger dollar created a headwind for U.S. exports of the grain, which are already struggling to compete in the global marketplace. Corn futures eased on Monday after two straight sessions of gains while soybeans […] Read more
U.S. grains: Soybeans rise as wet Midwest weather seen halting harvest
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for the first time in three sessions on Friday as a rainy Midwest forecast fueled worries about harvest delays and potential damage to some crops. Wheat edged higher as rising global prices stirred optimism about a pickup in demand for U.S. wheat. Corn futures ended near unchanged […] Read more
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