Chicago/Reuters – Wheat prices rose about 1.4 per cent on Tuesday, rebounding in largely technical trade on ideas that a sell-off of nearly 3 per cent a day earlier was overdone, traders said. Corn and soybeans were also higher, supported by firm U.S.cash markets. At the Chicago Board of Trade as of 12:54 p.m. CST (1854 GMT), December wheat was […] Read more
U.S. grains: Wheat firms on technical buying; corn, soy also firm
U.S. grains: Wheat falls below $5 on global supply, forecasts
Chicago | Reuters –– Chicago Board of Trade wheat futures fell roughly two per cent on Friday, dropping below US$5 a bushel amid plentiful global supplies and forecasts for timely rains in the U.S. Plains, analysts said. Corn firmed after hitting a one-month low ahead of a busy U.S. harvest weekend. Soybean futures fell on […] Read more
U.S. grains: Corn at three-week low, soy sags on harvest pressure
Chicago | Reuters –– U.S. corn futures fell to the lowest in more than three weeks and soybeans also eased, pressured by the ongoing Midwest harvest, while wheat fell one per cent in subdued trading on Thursday. At the Chicago Board of Trade, December corn settled down 3-1/2 cents at $3.75-1/2 per bushel after dipping […] Read more
U.S. grains: Wheat falls on technical selling, rainy forecasts
Chicago | Reuters –– U.S. soft red wheat futures fell two per cent on Wednesday on profit-taking coupled with forecasts for beneficial rains next week in parts of the southern Plains and the Black Sea region, analysts said. Corn fell in sympathy with wheat and amid U.S. harvest progress while soybeans drifted lower, one day […] Read more
U.S. grains: Soybeans top US$9 on Chinese demand
Chicago | Reuters –– U.S. soybean futures traded at the highest levels in nearly two months, topping US$9 a bushel on fresh export demand from top buyer China and global weather worries, analysts said. Wheat and corn also climbed, with wheat up more than two per cent after a four-session slide. At the Chicago Board […] Read more
U.S. grains: Corn to two-week low as U.S. harvest ramps up
Chicago | Reuters — U.S. corn futures fell to a two-week low on Monday on expectations of strong harvest progress in the Midwest and inter-market spreading against soybeans, traders said. Soybean futures closed firm on follow-through buying after a smaller-than-expected U.S. government crop estimate last week but pared gains by the close. Wheat posted modest […] Read more
U.S. grains: Soybeans fall as harvest looms; wheat firms
Chicago | Reuters –– U.S. soybean futures fell on Friday and were down about 0.8 per cent for the week as farmers prepared to harvest a bumper crop in the Midwest, traders said. Corn followed soybeans lower while wheat futures firmed on short covering, despite ample global supplies. At the Chicago Board of Trade, November […] Read more
U.S. grains: Corn, wheat, soy drift lower in cautious trade
Chicago | Reuters –– U.S. corn futures fell for a third day on Thursday as the harvest of an expected bumper crop expanded, but price movement was restrained as markets digested a Federal Reserve decision to leave U.S. interest rates unchanged. Wheat and soybean futures sagged on a lack of supportive fundamental news. All three […] Read more
U.S. grains: Wheat falls to three-month low on ample world supplies
Chicago | Reuters — Chicago Board of Trade wheat futures fell to a three-month low on Friday on signs that U.S. wheat is overpriced in a well-supplied global market, especially given strength in the U.S. dollar. Soybeans rose on worries about dry weather in parts of the Midwest and spillover support from a strong rally […] Read more
U.S. grains: Soybeans climb as China fears wane
Chicago | Reuters –– Benchmark U.S. soybean futures rose 1.5 per cent on Thursday as equity markets stabilized in China, the world’s top soy buyer, and on outlooks for dry weather as the U.S. Midwest growing season winds down, traders said. Corn clung to modest gains on better-than-expected weekly U.S. export sales and spillover strength […] Read more
Canadian Cattlemen Presents: Depth of Field
