Chicago | Reuters — Chicago Board of Trade corn futures fell on Wednesday as traders booked profits following a two-day surge, driven by U.S. harvest delays, that lifted the market to a six-week high, brokers said. Soybeans declined along with corn on profit-taking and improving weather for fieldwork. Wheat followed the lower trend, reversing early […] Read more
U.S. grains: Corn declines on profit-taking after six-week high
U.S. grains: Soybeans rise, corn hits one-month high on harvest delays
Chicago | Reuters –– U.S. corn futures set a one-month high Tuesday and soybeans hit a three-week top on commercial demand amid harvest delays and slow farmer selling, coupled with chart-based buying, traders said. Corn peaked near the closing bell and posted the day’s biggest gains on a percentage basis, but soybeans had the highest […] Read more
U.S. grains: Wheat rebounds from four-year low on exports
Chicago | Reuters –– U.S. wheat futures set a two-week high on Thursday, rebounding from last week’s four-year lows on larger-than-expected weekly export sales data, traders said. Soybeans and corn firmed after setting multi-year lows this week. But gains were limited by the ongoing harvest of massive U.S. crops. At the Chicago Board of Trade, […] Read more
U.S. spring wheat protein premiums soar after wet, cool summer
Chicago | Reuters — Cash prices for top quality U.S. hard red spring wheat are soaring as the rain-delayed harvest throws up lower-than-average protein levels, and traders and analysts said outsized premiums are likely to continue for months. Farmers are expecting the largest harvest in four years as wet, cool weather swells yields. But that […] Read more
U.S. grains: Wheat to four-year lows on rising world supplies
Chicago | Reuters –– U.S. wheat futures fell to a four-year low on Friday and posted their biggest weekly loss since July on weak export prospects and rising global supplies, traders said. Corn futures followed wheat lower but held above the previous day’s multiyear lows, and soybeans firmed, underpinned by short covering ahead of forecasts […] Read more
U.S. grains: New-crop soybeans fall below $10 as big harvest looms
Chicago | Reuters –– U.S. benchmark new-crop soybean futures dropped below US$10 a bushel on Tuesday, pressured by strong yield reports from the start of the harvest and diminished fears about frost in the Midwest, traders said. New-crop futures in soybeans, corn and wheat all fell to contract lows, fueling chart-based selling. At the Chicago […] Read more
U.S. grains: Corn sags on harvest expectations, freeze fears wane
Chicago | Reuters — U.S. corn prices fell more than two per cent Monday on expectations the government will raise its production forecasts to record highs this week and that a possible frost in the upper Midwest will cause only minor damage. “We are in downtrends for everything,” said Robert Bresnahan of Trilateral Inc. “Last […] Read more
U.S. grains: Corn, soybeans slide on outlook for record crops
Reuters — Chicago corn futures fell on Monday after two straight days of gains while soybeans slid to a contract low on forecasts of record crops in the U.S. Wheat also weakened on profit-taking as the focus returned to large global crops. Chicago Board of Trade new-crop December corn fell 1.1 per cent or four […] Read more
U.S. grains: Wheat hits one-month high on Black Sea political turmoil
Chicago | Reuters –– U.S. wheat rose to a one-month high on Wednesday as renewed political conflict in the Black Sea grain export region and worries about European crop quality prompted investors to cover short positions, traders said. Corn and soybeans followed wheat higher. At the Chicago Board of Trade, wheat for September delivery settled […] Read more
GRAINS: U.S. soybeans extend advance on exports, weather worries
Reuters — U.S. soybean prices rose to a near two-week high on Thursday on firm export demand and concerns that dry weather in parts of the Midwest crop belt might jeopardize yield prospects, traders said. Corn futures fell to fresh four-year lows, retreating from early gains, and wheat also fell. At the Chicago Board of […] Read more
Canadian Cattlemen Presents: Depth of Field
