Chicago | Reuters –– Chicago Board of Trade wheat futures ended steady on Friday but fell six per cent for the week as drought-relieving rains arrived in the southern U.S. Plains crop belt. Corn futures firmed in a technical bounce after falling to a near one-month low this week, and soybeans posted a slight gain. […] Read more
U.S. grains: Wheat falls six per cent in week as rains arrive on Plains
U.S. grains: K.C. wheat to multi-year lows as rains reach Plains
Chicago | Reuters –– Chicago Board of Trade soft wheat futures rose on Thursday while K.C. hard red winter wheat fell to multi-year lows on poor export demand and much-needed rains falling in key U.S. crop areas, traders said. Corn and soybeans ended nearly unchanged after a choppy session. At the CBOT, May wheat settled […] Read more
U.S. grains: Soy rallies to one-week high, wheat falls to one-month low
Chicago | Reuters — Chicago Board of Trade soybean futures climbed to a one-week high on Wednesday on technical buying and data showing U.S. processors crushed more soybeans in March than analysts expected. Corn followed soybeans higher while wheat fell to a one-month low, extending this week’s losses on forecasts for drought-relieving showers in the […] Read more
U.S. grains: Wheat nears one-month low on rain in forecast
Chicago | Reuters — Chicago Board of Trade wheat fell below US$5 a bushel to its lowest in nearly a month on Tuesday, under continued pressure from forecasts of drought-relieving showers in the U.S. grain belt. Soybeans rallied from recent multimonth lows on bargain buying, and corn also firmed. At the CBOT, May wheat settled […] Read more
U.S. grains: Wheat wanes as rain expected on Plains
Chicago | Reuters –– Chicago Board of Trade wheat futures fell more than four per cent on Monday to the lowest in two weeks as forecasts for timely showers across dry U.S. crop regions eased concern over potential yield losses. Corn followed wheat lower, while soybeans fell on rising global stockpiles. At the CBOT, May […] Read more
U.S. grains: Wheat up four per cent on dry Plains conditions
Chicago | Reuters — Chicago Board of Trade wheat futures rose more than four per cent on Monday as dry conditions in parts of the U.S. Plains, coupled with hot weather this week, prompted investors to cover positions, traders said. Corn followed wheat up and soybeans closed fractionally higher as traders focused on a pair […] Read more
U.S. grains: Grains retreat as dollar soars
Chicago | Reuters — U.S. wheat futures retreated on Friday after a five-session rally, led by declines in corn and soybeans as a surging dollar prompted broad weakness in commodities. The dollar set a fresh 12-year high against the euro on expectations of a Federal Reserve interest rate hike. At the Chicago Board of Trade, […] Read more
U.S. grains: Wheat extends rally on short-covering, dryness
Chicago | Reuters — U.S. wheat futures rose for a fifth straight session on Thursday, hitting a 1-1/2-week high on short-covering and worries over potential yield losses due to poor weather in parts of the U.S. crop belt, analysts said. Corn and soybeans closed lower, with both commodities retreating from early gains on disappointing weekly […] Read more
U.S. grains: Wheat rises to one-week high on dry U.S. Plains
Chicago | Reuters — U.S. wheat futures rose 1.2 per cent to a one-week high on Wednesday, extending four-day gains to nearly four per cent on short-covering and concerns about dry weather in U.S. growing regions. Corn and soybeans also firmed, although renewed strength in the dollar capped rallies. At the Chicago Board of Trade, […] Read more
U.S. grains: Soybeans sag after monthly USDA report
Chicago | Reuters –– Chicago Board of Trade soybean futures fell on Tuesday after the U.S. Department of Agriculture surprised analysts by leaving its forecast of domestic soy inventories unchanged in a monthly report. A strong dollar hung over the commodities sector, pressuring grains as well as crude oil and copper. But wheat closed higher, […] Read more
Canadian Cattlemen Presents: Depth of Field
