Chicago | Reuters — Chicago Board of Trade wheat futures rose nearly four per cent on Tuesday, their biggest single-day advance in 10 months, as declining crop conditions in the southern U.S. Plains triggered technical buying and short covering, traders said. Soybeans rose back above $13 a bushel for the first time in two weeks, […] Read more
U.S. grains: Wheat surges as crop ratings sag
U.S. grains: Soy up on tight supply; weather slows grain movement
Chicago | Reuters — Chicago Board of Trade soybean futures hit a two-week high on Monday, rising on worries about tightening U.S. supplies amid strong demand for soymeal, coupled with expanding dryness in Brazil. Front-month corn futures set a three-month high as export demand and chart-based strength triggered a round of short-covering. Wheat rose as […] Read more
U.S. grains: Soy sinks to six-week low on S. America outlook
U.S. soybeans fell to a six-week low on Thursday on technical selling, prospects for large South American crops and weakness in soymeal values, traders said. Corn and wheat also fell at the Chicago Board of Trade, with wheat setting life-of-contract lows. At the CBOT, the most-active March soybean contract settled down 22-1/2 cents at $12.70 […] Read more
U.S. grains sag in 2013; soy drops to one-month low
U.S. soybean futures fell to the lowest level in a month on Tuesday on end-year liquidation and improving prospects for a bumper South American crop, traders said, and ended the year down more than seven per cent. Corn slipped to a two-week low and tumbled nearly 40 per cent for the year, its biggest annual […] Read more
U.S. grains: Corn dips again as China rejects U.S. cargoes
U.S. corn futures fell two per cent on Friday, their biggest single-day drop in nearly a month, on concerns about U.S. sales to China, a proposal to eliminate the U.S. ethanol mandate and the big global stockpile of the feed grain. Wheat fell to its lowest in 1-1/2 years on technical selling and abundant world […] Read more
U.S. grains: Corn ends firm on strong ethanol production, technicals
U.S. corn futures firmed on Wednesday in subdued trade, supported by fund short-covering and strong domestic ethanol production, traders said. Wheat rebounded after the front contract fell to a near four-month low on continuous price charts, and soybeans clung to narrow gains. At the Chicago Board of Trade, most-active March corn settled up 3-1/4 cents […] Read more
U.S. grains: Soy slips, corn drops on EPA biofuel plan
U.S. soybean futures fell 2.5 per cent on Friday to a one-week low, with traders citing softening cash markets, favourable crop weather in South America and profit-taking after Thursday’s six-week high. A private estimate for big U.S. soybean acreage next year also weighed on prices. Corn prices fell late in the session after the Obama […] Read more
U.S. grains: Soy hits six-week high on China demand
U.S. soybean futures rose one per cent to a six-week high on Tuesday, lifted by export demand for U.S. soybeans, particularly from China, along with spillover support from palm oil, traders said. Corn retreated from a two-week high on profit-taking and light farmer selling, and wheat drifted lower, falling for a seventh consecutive session. At […] Read more
U.S. grains: Corn posts biggest one-day rise since August
U.S. corn futures rose nearly two per cent on Monday, their biggest daily gain since August, as commodity funds covered short positions after the U.S. Department of Agriculture last week forecast domestic corn stocks below trade expectations. “The report wasn’t as bearish as everyone was thinking, so I think you’ve got some technical short-covering in […] Read more
Chicago wheat hits two-month high on brisk exports
Chicago Board of Trade wheat futures reached a two-month high on Friday, buoyed by short-covering and expectations of strong demand from China and Brazil. Soybeans firmed on bargain-buying and positioning ahead of a key U.S. government stocks report due Monday, while corn fell as the harvest of a likely record-large U.S. crop progressed. At the […] Read more
Canadian Cattlemen Presents: Depth of Field
