Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell for a second session on Friday, with the spot May contract dropping below US$16 a bushel for the first time in a month after the U.S. Department of Agriculture forecast record soy acreage in that country. Corn futures ended mixed. The front May contract on the Chicago […] Read more
U.S. grains: Soy extends slide, corn mixed
CBOT wheat continues lower
Feed weekly outlook: Corn prices steady, growers watch weather
Reading Time: 2 minutes MarketsFarm — Days after a work stoppage at Canadian Pacific Railway (CP) came to an abrupt end, prices for corn have been relatively stable, according to one trader. Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge said there has been little price movement for the feed grain staple recently as most feedlots are already set […] Read more
Soybeans to gain, corn to lose U.S. acres, USDA report predicts
Reading Time: 2 minutes MarketsFarm — More soybean acres are projected to be seeded in the United States this year, while fewer corn acres will be planted according to a report that has surprised analysts. The U.S. Department of Agriculture (USDA) released its survey-based Prospective Plantings report on Thursday and the projected acreage numbers for two of the country’s […] Read more
Egyptian delegation to visit India to discuss wheat imports
Reading Time: 2 minutes New Delhi | Reuters — A delegation from Egypt will visit India in the first week of April to facilitate wheat imports as part of efforts to secure supplies and tide over shortages at one of the world’s biggest importers of the staple, Indian government sources said. Egypt, often the world’s biggest wheat importer, is […] Read more
U.S. grains: Wheat, corn fall on ceasefire hopes
Chicago May soybeans also lower
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell four per cent and corn fell nearly three per cent on Tuesday as comments by Russia and Ukraine following negotiations in Turkey raised hopes of a ceasefire in a conflict that has disrupted massive grain exports through the Black Sea region. However, trade was volatile, with benchmark […] Read more
U.S. grains: Wheat, corn, soybeans fall with exports in focus
Ukraine's hindered exports 'priced in' on values
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat and corn futures fell on Thursday, with traders noting the market has already absorbed supply disruptions from the Black Sea region following Russia’s invasion of Ukraine a month ago. “It feels like the market has priced in that there will be an issue with corn and […] Read more
CBOT weekly outlook: Grain markets rangebound
Drought seen persisting for U.S.
Reading Time: < 1 minute MarketsFarm — With very little in terms of major new developments from the Russian invasion of Ukraine, grain prices on the Chicago Board of Trade (CBOT) for the week ended Tuesday were devoid of the volatility seen in previous weeks. The May corn contract traded at each side of the $7.50 per bushel mark during […] Read more
U.S. grains: Soy futures rise on strong exports
Corn, wheat futures mixed
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed on Tuesday on signs that export demand for U.S. supplies remained firm even as South American farmers harvest their crops. Corn and wheat futures were mixed, with nearby contracts easing and deferred offerings rising. “It is really a mixed bag out here,” said Mark Gold, managing partner […] Read more
U.S. grains: Wheat, corn, soy up on expectations for long Ukraine conflict
Funds seen buying in after last week's losses
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat and corn futures jumped on Monday, with traders saying that exports from the Black Sea region will continue to be disrupted this week due to the fighting in Ukraine. Soybean futures also rose sharply, following gains in the crude oil market that also stemmed from major ructions to energy […] Read more
U.S. grains: Corn, wheat, soy futures fall
Traders monitoring Ukraine crisis
Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures eased on Friday as traders monitored diplomatic efforts to end Russia’s invasion of Ukraine and gauged continuing disruptions to Black Sea crop exports. More than three weeks after launching its invasion, in what Moscow calls a “special military operation,” the Russian advance has stalled and failed […] Read more
A message from April Stewart, Country Guide's Associate Editor
