Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures slid to seven-week lows on Monday after weekend rains across major exporter Argentina reduced the likelihood that dry weather would curb yields. Wheat futures dropped to a one-month low and corn dropped to its lowest level in three weeks as losses in other markets, including equities and energy, […] Read more
U.S. grains: Soybeans set new 2016 low as rains hit dry Argentina
U.S. grains: Wheat falls to three-week low
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures slumped for a second session on Friday, anchored by ample global supplies and after top importer Egypt canceled a tender for the second time this week. Corn and soybeans also fell at the Chicago Board of Trade, with all three markets posting a weekly decline ahead of a […] Read more
U.S. grains: Wheat falls on poor export data
Reading Time: 2 minutes Chicago | Reuters –– Wheat futures on the Chicago Board of Trade fell 1.5 per cent on Thursday on disappointing U.S. export sales data, traders said. Corn and soybeans also fell, retreating from six-week highs set this week, on improving crop prospects in South America. At the CBOT, March wheat settled down 7-1/4 cents at […] Read more
U.S. grains: Soy, corn ease from six-week highs
Reading Time: 2 minutes Chicago | Reuters — U.S soybeans and corn futures fell on Wednesday, pressured by profit-taking after recent six-week highs and outlooks for needed rains in South America. Wheat settled narrowly higher at the Chicago Board of Trade after a more than one per cent drop in the dollar against a basket of currencies made U.S. […] Read more
U.S. grains: Fund short-covering lifts grain/soy complex
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures climbed to six-week highs on Tuesday on fund-driven buying as the grain complex shrugged off weakness in global equity markets and crude oil, traders said. But wheat futures settled flat as all three commodities pared gains by the close. At the Chicago Board of Trade, the […] Read more
U.S. grains: Wheat sags on ample global supplies
Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures closed lower on Monday amid plentiful global inventories and poor export demand for U.S. supplies, traders said. Corn and soybeans also fell as macroeconomic worries hung over the market and on some forecasts for much-needed rains in Argentina next week. At the Chicago Board of Trade, March wheat […] Read more
Firm loonie cuts into Prairie spring wheat bids
Reading Time: 2 minutes CNS Canada — Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as continued strength in the Canadian dollar more than countered any support from advances in U.S. futures. Average Canada Western Red Spring (CWRS) wheat prices were down by $3 to $5 per tonne over the week, according to […] Read more
U.S. grains: Soybeans, corn close strong on bargain buying
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures ended strong on Friday, rallying on month-end buying a day after cancellations of U.S. soybean sales to China sent the market to a three-week low, traders said. Corn and wheat also settled higher. CBOT March soybeans finished up 14-1/2 cents at $8.82-1/4 a bushel, rebounding after dipping to […] Read more
U.S. grains: Soybeans fall amid global export setbacks
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures tumbled on Thursday, with the most-active March contract down 1.6 per cent, the largest drop for soybeans in more than a month, after exporters canceled U.S. soybean sales to China. Chicago Board of Trade March wheat ended 4-1/4 cents lower at $4.72-1/4 per bushel, after hitting a one-month […] Read more
U.S. grains: Wheat snaps rally, soy firm, corn flat
Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures fell on Wednesday on fund-driven technical selling and a proposal by Russia’s farm ministry to cut a wheat export tax, which tempered speculation about export restrictions. Corn coasted for the second straight day, while soybean futures rose on dry weather concerns in South America and southern Africa. At […] Read more
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