Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures firmed on Thursday on concerns that several days of rainy weather expected across the U.S. Midwest could disrupt harvesting of what is forecast to be a bumper U.S. crop. Soybeans also drew support from the wet forecast, but shed gains late in the session in a technical selling […] Read more
U.S. grains: Corn firms as rainy Midwest outlook threatens harvest
CBOT weekly outlook: Yield expectations limit upside for corn, soy
Reading Time: 2 minutes CNS Canada — Soybean and corn futures at the Chicago Board of Trade may be finding some short-term support from harvest delays across the U.S. Midwest, but expectations for large crops overall should limit the upside for prices going forward, according to an analyst. “The highs could be in right now,” said Rich Feltes of […] Read more
U.S. grains: Soybeans, corn ease in technical setback
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures eased on Wednesday in a technical selling setback following two days of gains despite concerns that rainy weather in parts of the Midwest would delay harvesting and possibly damage some crops. Corn futures also fell as technical selling more than offset support from strong demand and potential harvest […] Read more
U.S. grains: Corn tops one-month high on strong U.S. export sales
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures touched their highest prices in more than a month on Thursday on strong export demand and as traders adjusted positions ahead of a crop report expected to show supplies tightened over the past year. Soybean futures also rose, extending a rebound from recent losses into a third consecutive […] Read more
U.S. grains: Soybeans rise on bargain buying, sale to Mexico
Reading Time: 2 minutes Chicago | Reuters — Bargain buying and a major sale of U.S. soy to Mexico on Wednesday helped lift U.S. soybean futures for a second day, traders said, while corn and wheat futures slipped. Soybeans are recovering after the most actively traded contract last week fell to its lowest price in nearly 10 years. The […] Read more
CBOT weekly outlook: USDA reports not expected to shake up markets
Reading Time: 2 minutes CNS Canada — Corn, soybean and wheat futures in the U.S. are awaiting the latest U.S. Department of Agriculture (USDA) reports, but traders aren’t expecting the reports to much of an effect on prices. USDA releases its quarterly grain stocks and small grains summary reports on Friday. “It basically wraps up the 2017-18 crop year […] Read more
U.S. grains: Soybeans top one-month high in turnaround from losses
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed to their highest in more than a month on Tuesday in a turnaround from recent declines that were driven by concerns about the U.S.-China trade dispute hurting American exports. Corn futures also set a one-month high, while wheat pulled back from a one-month high reached on Monday. […] Read more
U.S. grains: Corn, wheat surpass one-month highs
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures jumped on Monday to their highest levels in over a month on technical buying as well as concerns about rain stalling the country’s autumn harvests. Soybean futures slumped as China — the world’s top buyer of the oilseed — and the U.S. imposed fresh tariffs on […] Read more
U.S. grains: Corn higher on export demand, short-covering
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures climbed more than one per cent on Friday to their highest in more than a week, buoyed by end-user demand and fund short-covering, analysts said. Wheat and soybean futures declined but still recorded weekly advances. Chicago Board of Trade December corn settled up 4-3/4 cents at $3.57-1/4 per […] Read more
U.S. grains: Corn, soy up as export data sparks short-covering
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures climbed nearly two per cent on Thursday, hitting a one-week high as higher-than-expected weekly export sales and prospects for U.S. harvest delays sparked a round of short-covering, analysts said. Soybeans also rose about two per cent, while wheat futures posted modest gains after a choppy session. Chicago Board […] Read more
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