Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures sagged on Thursday to their lowest levels in a month and soybeans followed the weak trend as results from an ongoing Midwest crop tour fueled expectations of big U.S. harvests, analysts said. Wheat futures declined as weekly U.S. export sales data fell below trade expectations. Chicago Board of […] Read more
U.S. grains: Corn, soy futures pressured by strong U.S. yields, trade woes
U.S. grains: Corn, soy sag on harvest expectations
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell about two per cent on Wednesday and soybeans declined almost as much, pressured by strong yield prospects in the Midwest crop belt, traders said. Wheat futures also eased, with the Chicago Board of Trade December contract hitting its lowest in four weeks. CBOT December corn settled down […] Read more
U.S. grains: Wheat extends decline as Russian supply worries abate
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Tuesday for a second straight session as fears of a shortfall in Russian wheat exports diminished, traders said. Corn and soybean futures also declined, pressured by spillover weakness from wheat as well as improving crop conditions in the U.S. Midwest after widespread rains. Chicago Board of […] Read more
U.S. grains: Wheat eases on ideas of Russian exports, long liquidation
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell three per cent on Monday on expectations of a pickup in Russian wheat exports in the next few months as shippers try to get ahead of potential export curbs, traders said, while soybeans clung to modest advances. Corn followed wheat lower. Chicago Board of Trade December wheat […] Read more
U.S. grains: Wheat tops one-week high on Russia export concerns
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures jumped to their highest prices in more than a week on Friday on concerns that top-exporter Russia may curb grain exports, traders said. Russia will consider restricting 2018-19 shipments once they reach 30 million tonnes, following a request from meat-producing regions, according to traders who met with the […] Read more
U.S. grains: Soy climbs as U.S., China plan to restart trade talks
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed to one-week highs on Thursday as plans for Beijing and Washington to hold fresh trade talks raised hopes for U.S. soy sales to China after being stalled by a tariff dispute. The rally in soybeans also helped wheat and corn futures rise, traders said, after China’s Ministry […] Read more
U.S. grains: Prices recover from recent losses
Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures rose on Tuesday in a turnaround from recent sharp losses, while soymeal futures neared a two-week high following a decision by Argentina to suspend cuts to export taxes for the livestock feed, traders said. Prices were recovering after tumbling on Friday when the U.S. Department of […] Read more
U.S. grains: Soy up from three-week low as record harvest looms
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures turned higher on Monday after touching their lowest levels in over three weeks on expectations that domestic inventories will pile up due to a record harvest and the ongoing trade dispute with Beijing. Prices recovered from a 4.7 per cent selloff on Friday that was ignited by a […] Read more
U.S. grains: Soybeans tumble as USDA sees record U.S. crop, huge yields
Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures dropped more than 4 percent on Friday after the U.S. Department of Agriculture (USDA) projected larger-than-expected crop yields in the United States and said U.S. and global stocks of the oilseed would swell to record highs. Corn and wheat prices also dropped as the USDA forecast a bigger average U.S. […] Read more
U.S. grains: Soybeans dip after weather-led gains ahead of USDA report
Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures retreated on Thursday after two sessions of gains in a profit-taking and position-squaring setback ahead of Friday’s U.S. Department of Agriculture monthly supply and demand report. Corn also slipped as traders moved to the sidelines ahead of the closely watched report, the first of the season to include field surveys […] Read more
A message from April Stewart, Country Guide's Associate Editor
