Reading Time: < 1 minute Reuters – Ukrainian grain exports in the first 22 days of June fell by 48 per cent from a year earlier to 907,000 tonnes, agriculture ministry data showed on Wednesday. The volumes included 803,000 tonnes of corn, 78,000 tonnes of wheat and 21,000 tonnes of barley, the data showed. Ukraine exported up to 6 million […] Read more
Ukraine grain exports 48 per cent down so far in June
U.S. grains: Wheat futures hit lowest since late March
Chicago corn, soybeans also weak
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures sank 5.7 per cent on Tuesday to their lowest level in 2-1/2 months, pressured by early harvesting in the United States and Europe as well as fresh efforts to boost the amount of grain shipped from Ukraine. Corn futures were down three per cent as weather forecasts turned […] Read more
Canola net long position smallest in 10 months
Reading Time: < 1 minute MarketsFarm — The net long position held by fund traders in the ICE Futures canola market continued to dwindle in the latest Commitment of Traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC), hitting its smallest level since August 2021. The net managed money long position in ICE Futures canola came in […] Read more
U.S. grains: Wheat falls on harvest pressure, firmer U.S. dollar
Hot Midwest spell raises early concerns about corn, soy yields
Reading Time: 2 minutes Indianapolis | Reuters — Chicago wheat futures fell on Friday, erasing gains earlier in the week as harvest pressure weighs and a firmer dollar limits export business, traders said. Corn inched higher, finding a fresh one-month high, supported by hot weather in the U.S. Midwest that could threaten crops, while soybeans traded near even heading […] Read more
U.S. grains: Wheat jumps on weaker U.S. dollar
Midwest heat lifts corn, soy
Reading Time: < 1 minute Indianapolis | Reuters — Chicago Board of Trade wheat climbed on Thursday, supported by a weaker dollar and continued uncertainty as Ukraine attempts to move grain exports through the Black Sea. Corn and soybeans firmed as hot, dry weather across the U.S. Midwest threatened to stress recently-planted crops. The most-active wheat contract of the Chicago […] Read more
CBOT weekly outlook: U.S. interest rate decision could shake futures
Heat in forecast keeping U.S. corn supported
Reading Time: 2 minutes MarketsFarm — Commodity prices on the Chicago Board of Trade (CBOT) were certainly affected by the U.S. Department of Agriculture’s (USDA) monthly supply/demand estimates released last Friday — but may be shaken again after the U.S. Federal Reserve decided to raise its key interest rate by 0.75 of a point. Ryan Ettner, a commodity broker […] Read more
U.S. grains: Wheat eases on harvest pressure
Nearby corn firms, July soybeans also lower
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures ended lower on Wednesday, led by K.C. hard red winter wheat, as the harvest progressed and forecasts signalled continued dry weather for combines rolling in the southern Plains, traders said. Corn futures closed mixed, with strong domestic cash markets supporting nearby July futures on the Chicago Board of […] Read more
U.S. grains: Soybeans hit one-week low as financial markets drop
CBOT corn, wheat ease amid inflationary worries
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures hit a one-week low on Tuesday and grains declined amid pressure from weak financial markets and concerns about inflation, analysts said. A second straight day of losses in equities and jitters about the economy helped drag down soy futures, after prices for the oilseed neared a record high […] Read more
U.S. grains: Soybean, corn futures slide in broad sell-off
Early heatwave in Western Europe could stress wheat
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures fell on Monday as broad-based selling and pressure from losses in other markets overshadowed concerns about unfavourable crop weather, analysts said. Global stocks and government bonds plunged and the dollar hit two-decade highs as red-hot U.S. inflation stoked worries about even more aggressive policy tightening. At […] Read more
U.S. grains: Soybeans down off Thursday’s near-record high
Corn futures edge up, K.C. wheat jumps
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures ended weaker on Friday on profit-taking, after rallying close to an all-time high on strong U.S. export demand and supply concerns. Supply uncertainty remained, as the U.S. Department of Agriculture cut its estimates for 2021-22 domestic ending stocks by about 13 per cent to 205 […] Read more
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