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Tag Archives wheat futures

(Dave Clark photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn sags on U.S. weather

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell more than two per cent on Monday on forecasts for mostly benign weather in the Midwest as the crop heads into its pollination phase next month, analysts said. Corn closed near its session lows and appeared to drag down soybeans as well. Chicago Board of Trade July […] Read more
Crops, Markets, Reuters

U.S. grains: Wheat rallies to highest since June 2016

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures rallied 2.6 per cent on Friday to their highest in nearly a year, with concerns about shortfalls in the U.S. crop sparking a round of short-covering by investment funds, traders said. Corn futures also were higher, but forecasts for rain in key growing areas of […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat futures lead grain rally

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Thursday, led by a 2.9 per cent rally in the benchmark Chicago Board of Trade July contract, on concerns about dry weather leading to crop shortfalls globally. Corn also rise, following the gains in wheat, while soybeans generated strength from a bullish report on U.S. crushing, […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: MGEX spring wheat eases on rains

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Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soy futures were mostly lower on Wednesday, with MGEX spring wheat declining from an earlier 2-1/2-year high on pressure from technical selling and forecasts for crop-friendly rainfall, traders and analysts said. Chicago Board of Trade corn futures declined the most as scattered rains fell in the Midwestern crop […] Read more
Soybeans in Ontario, June 2016. (Ralph Pearce photo)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soybeans end higher ahead of hot spell

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures firmed on Friday as forecasts for scorching temperatures in the Midwest crop belt through early next week prompted funds to cover short positions, analysts said. Chicago Board of Trade winter wheat futures fell on profit-taking but still posted a weekly advance of 3.8 per cent, triggered […] Read more
Crops, Markets, Spring Wheat, Weather

Spring wheat futures climb to two-year highs

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Reading Time: < 1 minute CNS Canada — Spring wheat futures in Minneapolis climbed to their highest levels in nearly two years during the week ended Friday, as weather concerns in major U.S. wheat-growing states provided support. The nearby July contract on Thursday hit a session high of US$6.1775 per bushel, the strongest level for the front-month spring wheat contract […] Read more
A close-up of emerging corn seedlings north of London, Ont. on May 24, 2016. (Ralph Pearce photo)
Crops, Markets, Reuters, Weather

U.S. grains: Corn nears one-year high on adverse weather

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Reading Time: 2 minutes Chicago | Reuters — U.S. spot corn futures hit a near one-year high on Wednesday on forecasts for potentially stressful crop weather in the Midwest, while Minneapolis spring wheat futures retreated from a near two-year high. Soybeans followed corn higher. The weather jitters come as commodity funds hold large net short positions in corn, wheat […] Read more

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