Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures sank to multi-year lows on Friday, pressured by an ample global stockpile that was expected to grow even larger due to a bountiful harvest, traders said. Corn and soybean futures also weakened, with soybeans settling back from a rally on Thursday that pushed prices to a two-week high. […] Read more
U.S. grains: Wheat, soybeans, corn fall on rising supply view
U.S. grains: USDA report pushes wheat to six-year low, corn to 11-week low
Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures sank to a six-year low on Thursday and corn futures hit an 11-week low after the agriculture department said farmers had planted more of the grains than expected. Soybean futures soared to two-week highs as plantings fell short of analysts’ estimates. The U.S. Department of Agriculture (USDA), in […] Read more
U.S. grains: Wheat, corn fall sharply
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Wednesday, extending their decline under pressure from the ongoing harvest of a bountiful crop in the Plains and the Midwest which threatens to add to a glut of supplies that is largely being shunned by overseas buyers. Corn futures also dropped, pressured by forecasts for rain […] Read more
U.S. grains: Soybean futures rise, corn flat, wheat weak
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade soybean futures rose 1.3 per cent on Tuesday to a one-week high, on concerns about crop development in the U.S. Midwest and signs of good export demand, traders said. Corn futures were mostly steady, with traders locking in profits after weather concerns pushed prices to a one-week […] Read more
U.S. grains: Soy climbs on uncertain weather, strong exports
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Monday, retracing a portion of last week’s heavy declines, as attention turned to weather risks and strong export demand ahead of closely watched U.S. government crop reports, analysts said. Wheat futures sank on harvest reports of large U.S. yields at a time of ample world stocks, […] Read more
U.S. grains: Soy, corn drop on Brexit fallout
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybeans fell on Friday, caught up in a broad commodity sell-off as investors shed risky assets following Britain’s vote to leave the European Union. Wheat was mixed, with the front-month Chicago Board of Trade soft red winter wheat contract eking out a small gain on short-covering while deferred […] Read more
U.S. grains: Corn weakens as weather improves
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures sank 1.4 per cent to a six-week low on Thursday, under pressure from improving weather forecasts across the U.S. Midwest as the crop nears key developmental phases, analysts said. The weather outlook also weighed on soybeans, which eased to a three-week low. Wheat also weakened, dragged down by […] Read more
U.S. grains: Corn to one-month low as rains spur long liquidation
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell on Wednesday, after plunging nearly 6 percent the previous day, as improving weather in the Midwest continued to stimulate long liquidation by commodity funds, traders said. Soybeans bounced on talk of fresh export demand for U.S. supplies while wheat closed nearly unchanged, struggling to rebound a day […] Read more
U.S. grains: Corn falls most in three years on crop prospects
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures tumbled nearly six per cent on Tuesday, the biggest one-day slide in three years, as forecasts for less-threatening weather in the Midwest prompted funds to liquidate long positions, traders said. Soybeans and wheat followed corn’s lead. K.C. hard red winter wheat futures hit contract lows. At the Chicago […] Read more
U.S. grains: Corn sags as forecast rains trigger long liquidation
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures fell nearly four per cent on Monday and soybeans also weakened on forecasts calling for much-needed rains in the U.S. Midwest, traders said. Wheat was pulled lower by corn and soy while remaining under pressure from progress in the U.S. winter wheat harvest. At the Chicago Board of […] Read more
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