Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose 2.2 per cent on Thursday, supported by rising tensions between Ukraine and Russia and expectations that war between the two export countries could improve demand for U.S. supplies, traders said. Soybeans and corn futures closed in positive territory after trading both sides of unchanged, with concerns about […] Read more
U.S. grains: Wheat rises on Ukraine-Russia tensions
Corn, soybean futures end firm
CBOT weekly outlook: Russia-Ukraine conflict causes wheat market volatility
Reading Time: < 1 minute MarketsFarm — Conflicting reports and accounts from the ongoing geopolitical tensions between Russia and Ukraine have had an effect on the markets, especially on the Chicago Board of Trade (CBOT), over the past week. The March Chicago wheat contract had ranged from $7.65 to $8.15 per bushel during the week, but lack of precipitation in […] Read more
U.S. grains: Soy, corn rise as traders watch weather
Chicago wheat futures flat
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rallied on Wednesday, rising 2.3 per cent to halt a two-day fall with the market underpinned by concerns that forecast rain may be insufficient to avert further drought damage to crops in Argentina and southern Brazil. “It is the size of the crop in South America that will […] Read more
U.S. grains: Soybeans ease on South American rainfall
Wheat underpinned by Black Sea supply worry; corn adds on strong export inspections
Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans fell on Monday, pressured by rainfall in parts of South America that could refresh parched crops as Argentina and southern Brazil near harvest. CBOT corn and wheat ended higher after earlier losses, with corn underpinned by strong export inspections and wheat weighing tensions between Russia and Ukraine that could […] Read more
U.S. grains: Soybeans climb on supply worries
Corn sinks as ethanol stocks swell
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed to an eight-month peak on Wednesday as reduced South American harvest prospects and improving U.S. export demand lifted the market for a seventh straight session. Corn retreated as spread traders sold contracts and bought soybeans and rising ethanol stocks fuelled concerns about a slowdown in output of […] Read more
U.S. grains: Soybeans surge on weather concerns
CBOT wheat rises after slide
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures surged on Friday, reaching highs not seen since last summer, as the market anticipated drought losses in South America that could curb global export supplies. Wheat rose after a two-day slide, attracting bargain-buying and traders hunting for short-covering, as investors closely monitor a standoff between Russia and the […] Read more
U.S. grains: CBOT wheat nears two-month peak on Ukraine crisis
Corn hits June high
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures approached a two-month high on Tuesday as fears of Russian military action in Ukraine made traders nervous about a potential disruption to supplies from the Black Sea exporters. Tensions remained high after NATO said on Monday it was putting forces on standby and reinforcing Eastern […] Read more
U.S. grains: Corn futures hit highest since June
Soy, wheat fall on profit taking
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures rose to their highest in seven months on Friday as concerns about production in South America spurred demand for U.S. supplies, traders said. Soybean futures eased from the seven-month top they hit on Thursday, succumbing to a round of profit taking. Soybeans closed well above […] Read more
U.S. grains: Soybeans rally, corn flat, wheat falls
Strong cash soybean market supportive
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures surged on Thursday as a combination of rising export hopes, concerns about the South American crop and technical buying pushed prices to a seven-month high, traders said. Corn futures ended close to unchanged after fluctuating between positive and negative territory throughout the session, while wheat […] Read more
U.S. grains: Wheat up on export business
Corn, soy firm ahead of USDA data
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose about one per cent on Tuesday on a pickup in global export business and short-covering ahead of several key U.S. Department of Agriculture reports due on Wednesday, traders said. Corn and soybean futures edged higher ahead of the reports, which will include updated estimates of U.S. 2021 […] Read more