Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose roughly two per cent on Wednesday, rebounding a day after the most active contract fell to a 10-year low as the harvest of a likely record-large U.S. crop got under way, analysts said. U.S. wheat futures climbed on technical buying and tightening global supplies, while corn futures […] Read more
U.S. grains: Soybeans rebound from 10-year low
U.S. grains: Soy hits 10-year low on huge U.S. crop, trade woes
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to life-of-contract lows on Tuesday and the most actively traded contract hit its lowest in a decade as an escalating U.S.-China trade war darkened U.S. export prospects, analysts said. Corn futures also hit contract lows as the U.S. harvest expanded, while wheat futures rose on tightening global […] Read more
U.S. grains: Corn slips to contract lows
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell about one per cent on Monday, with nearby months hitting contract lows as the harvest of a bumper crop picked up speed in the Midwest and early yield reports were strong, traders said. Soybean futures also declined on harvest progress, along with disappointing U.S. soy crush data […] Read more
U.S. grains: Wheat rebounds on bargain buying, corn follows
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures jumped three per cent on Friday, rebounding from an eight-week low on a round of technical buying and short-covering ahead of the weekend, traders said. The gains in wheat pulled corn futures slightly higher but expectations for a bumper U.S. harvest stifled rally attempts. Soybeans closed lower on […] Read more
U.S. grains: Wheat, corn, soy fall as harvest expectations rise
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures eased on Thursday, giving up early gains after U.S. President Donald Trump said the United States was under no pressure to make a trade deal with China, the biggest buyer of the oilseed. Wheat futures, which fell for the seventh time in the last eight […] Read more
CBOT weekly outlook: Big U.S. corn yields surprise market
Reading Time: 2 minutes CNS Canada — An unexpected upward revision to this year’s U.S. corn yields sent prices dropping Wednesday, and more losses are likely, according to market analysts. The U.S. Department of Agriculture, in a report released Wednesday, pegged average corn yields at 181.3 bushels per acre — up by about three bushels per acre from the […] Read more
U.S. grains: Corn tumbles after USDA boosts production forecast
Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures fell 3.6 per cent on Wednesday, for their biggest daily declines since April, after the U.S. Department of Agriculture raised its forecast for U.S. production more than analysts expected, traders said. Wheat futures also tumbled, tracking losses in corn and on pressure from USDA unexpectedly boosting Russia’s wheat […] Read more
U.S. grains: Export concerns push wheat, soybean futures lower
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell two per cent on Tuesday, their fifth decline in the last six sessions, as investment funds cut their risk exposure to the grain following a surprise short-covering rally on Monday, traders said. Poor demand for U.S. wheat exports amid expectations of a jump in winter wheat plantings […] Read more
U.S. grains: Wheat firm on technical bounce, tightening global supplies
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose more than three per cent on Monday on a mix of technical buying after last week’s seven-week low and fundamental support from tightening supplies in Australia and Russia, analysts said. Soybean futures also advanced while corn futures were little changed ahead of key monthly crop reports due […] Read more
U.S. grains: Soybean, corn futures close firm; wheat falls for 4th day
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade soybean futures firmed on technical buying on Friday but gains were kept in check by expectations for a bumper U.S. harvest in the coming weeks and concerns about exports, traders said. Corn settled in positive territory, with traders focused on good demand for the yellow grain. Wheat […] Read more
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