U.S. corn futures advanced Monday on firm cash markets and concerns that another round of showers would stall planting late this week in the U.S. Midwest, where producers are scrambling to catch up after a cool, wet spring delayed field work. “We’ll definitely see pretty healthy plantings the first half of this week, then delays […] Read more
U.S. corn soars on firm cash market, technicals
U.S. corn’s weekly loss biggest in 21 months
U.S. corn prices set a nine-month low on Friday and posted their biggest weekly loss in 21 months on more selling in the wake of last week’s U.S. government report that showed larger-than-expected stockpiles of the grain. Soybeans fell to a 10-month low on fears of a potential drop in feed demand due to bird […] Read more
U.S. wheat jumps as dry weather prompts short-covering
Chicago Board of Trade wheat jumped 3.8 per cent Wednesday, its biggest daily rise in six months, as concern about poor U.S. crop weather and expectations of strong global demand for U.S. supplies sparked a flurry of fund short-covering, traders said. Corn edged higher in choppy trade, stabilizing after three straight losing sessions following last […] Read more
U.S. wheat, soy rally on bargain buying
Chicago Board of Trade (CBOT) wheat prices rose one per cent Tuesday on bargain buying as the market rebounded from Monday when it fell to a nine-month low in reaction to last week’s U.S. government report that showed larger-than-expected grain stockpiles. Soybeans closed higher, recovering from a three-month low earlier in the day, while nearby […] Read more
U.S. corn drops for 10th straight day; wheat, soy fall
U.S. corn futures slipped for the 10th straight session on Thursday on crop-friendly weather in South America and expectations for rising global supplies, traders said. Wheat futures fell as improving U.S. weather conditions and fund selling overshadowed strong weekly U.S. export sales data, and soybeans fell after weekly export sales fell short of trade expectations. […] Read more
U.S. wheat rallies on export data but corn retreats
Wheat futures rose one per cent on Friday, halting a three-day slide as better-than-expected weekly U.S. export sales triggered a round of short-covering, but the market still posted a weekly loss. Corn fell as updated weather forecasting models showed better rains for crop areas of Argentina, but soybeans ended higher after a choppy session, supported […] Read more
U.S. soy pares losses late on Chinese buying
U.S. soybean futures fell to a one-week low on Thursday as some weather models predicted rains in Argentina’s crop belt, but the market pared losses late in the session on rumours that China was booking fresh soy purchases. Corn rallied to close higher as cash markets firmed and consumption from the U.S. ethanol sector improved […] Read more
U.S. soybeans fall on technical selling, Argentine weather
U.S. soybean futures fell one per cent on Wednesday on technical selling and forecasts for welcome moisture in crop areas of Argentina, traders said. The downturn in soybeans erased early gains and dragged down corn and wheat as well. At the Chicago Board of Trade (CBOT), March soybeans settled down 14-3/4 cents at $14.37 per […] Read more
U.S. soybeans reach one-month high as Chinese buy
Soybean futures rose 1.6 per cent on Tuesday, and touched a one-month high, as traders cited news China bought optional-origin soybeans, talk that it may be looking for more, and concern about Brazil’s ability to move its expected record-large soybean crop to port. Corn futures posted modest gains, but wheat tumbled 1.5 per cent as […] Read more
U.S. wheat to slips to six-month low on slow exports
U.S. wheat futures fell two per cent and hit a six-month low on Wednesday in light technical trading, pressured by end-of-year positioning and a lack of export demand, traders said. Corn and soybeans also sagged in holiday-thinned volume. Grain markets remained closed in Europe. At the Chicago Board of Trade, March wheat fell 19-1/4 cents, […] Read more
Canadian Cattlemen Presents: Depth of Field
