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
U.S. grains: Soybeans climb as China fears wane
U.S. grains: Grains, soy stabilize a day after USDA-led tumble
Chicago | Reuters — U.S. wheat futures rose two per cent on Thursday, recovering after a nearly three per cent drop a day earlier when bearish data in a monthly U.S. government crop report sent grain markets tumbling. Soybean and corn futures staged modest rebounds, one day after the U.S. Department of Agriculture report stunned […] Read more
U.S. grains: Soy, corn tumble after USDA hikes U.S. yield forecasts
Chicago | Reuters –– U.S. soybean futures plunged six per cent and both corn and soybeans briefly fell their respective daily limits on Wednesday after the U.S. Department of Agriculture surprised traders by raising its estimates for domestic corn and soybean crops in a monthly report. Analysts surveyed by Reuters had expected USDA to lower its […] Read more
U.S. grains: Corn follows broad weakness as crop ratings stabilize
Chicago | Reuters –– U.S. corn and soybean futures fell on Tuesday from two-week highs as stable crop ratings eased concerns about dry Midwest weather, while China’s devaluation of the yuan led to broad weakness in commodity markets. Wheat also slipped, one day after rallying in step with corn and soybeans despite signs of large […] Read more
U.S. grains: Corn, soy at two-week highs on weather worries
Chicago | Reuters –– Chicago Board of Trade corn and soybean futures climbed to two-week highs on Monday amid concerns about stressful hot weather in the U.S. and Europe coupled with positioning ahead of a monthly U.S. government crop report, traders said. Wheat futures also advanced, following the firmer trend. A setback in the U.S. […] Read more
U.S. spring wheat yield projections highest ever
Fargo, N.D. (Reuters) — Yield potential for spring wheat grown in the northern U.S. Plains was projected as the highest on record, with the crop benefiting from timely planting and cool weather, according to results from an annual crop tour. Scouts on the Wheat Quality Council’s three-day tour of North Dakota, the top spring wheat […] Read more
Good wheat prospects in central N.Dakota
(Reuters) — Spring wheat has good yield potential in west-central North Dakota, aided by early planting, scouts on one leg of an annual crop tour said on Wednesday. Crop scouts on the Wheat Quality Council’s tour traveling one route in west-central North Dakota made six stops, mostly in McLean County, and projected an average yield […] Read more
Above-average wheat yields in southern North Dakota
Hebron, ND (Reuters) — Spring wheat prospects are above average in southern North Dakota, scouts on an annual crop tour said on Tuesday. Crop scouts on the Wheat Quality Council’s tour travelling one route in south-central and southwestern North Dakota made four stops and projected an average yield of 45.6 bushels per acre (bpa), above the […] Read more
U.S. grains: Corn posts biggest weekly loss in a year; soy, wheat also sag
Chicago/Reuters – U.S. corn futures posted their biggest weekly decline in a year on improving prospects in the Midwest during the crop’s key growth phase, raising expectations for a bumper harvest. Soybean and wheat futures also fell on chart-based selling and spillover pressure from outside commodity markets, including metals and crude oil. “It’s now making […] Read more
U.S. grains: Wheat ends week up 15 per cent on U.S., global weather woes
Chicago | Reuters — U.S. wheat futures notched their biggest weekly advance in three years on Friday as worries about excessive rains in the Midwest and uncertainty over global crop prospects triggered aggressive fund short-covering, analysts said. Corn and soybeans also rose but pared gains as farmers took advantage of the rally and sold supplies […] Read more
Canadian Cattlemen Presents: Depth of Field
