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
U.S. wheat to slips to six-month low on slow exports
Soybeans rise for third day on big U.S. crush
U.S. soybean futures rose for a third straight session Friday and neared psychological resistance at US$15 per bushel in reaction to November’s soybean crush being the largest in nearly three years. Wheat and corn ended higher, stabilizing after falling for five and six straight sessions, respectively. At the Chicago Board of Trade, January soybeans settled […] Read more
U.S. wheat extends losses on forecasts for hefty stockpiles
U.S. wheat futures declined for a fourth straight session on Wednesday, setting a five-month low and adding to Tuesday’s loss of more than three per cent after the U.S. government forecast hefty stockpiles. Corn fell to a 3-1/2 week low, while soybeans closed mixed as firm cash markets supported the nearby contract. At the Chicago […] Read more
U.S. wheat at five-month low as USDA raises supply forecasts
U.S. wheat futures fell to a five-month low on Tuesday after the U.S. Department of Agriculture raised its forecasts for U.S. and global wheat inventories to levels that topped trade expectations. Wheat’s 3.2 per cent plunge pulled down corn and soybeans, with corn hitting a three-week low. At the Chicago Board of Trade, benchmark March […] Read more
U.S. wheat, corn at three-week lows ahead of USDA report
U.S. wheat futures fell to a three-week low on Monday, hit by chart-based selling as well as concerns that U.S. export business is falling short of forecasts, analysts said. Corn futures also hit a three-week low, extending a three-session skid, while soybeans ended higher after a seesaw session ahead of a monthly crop report from […] Read more
U.S. soybeans hit near one-month top on export talk
U.S. soybeans climbed to their highest level in nearly a month on Wednesday on a mix of technical strength and robust demand from exporters as well as domestic processors, traders said. Corn followed soybeans higher and drew further support from bullish weekly U.S. ethanol data, and wheat snapped out of a four-session slide. At the […] Read more
Grains – soybeans rise for third session on China economic data
U.S. soybean futures rose for a third straight day on Thursday, led by strength in Chinese soy markets tied to encouraging economic data that country, the world’s biggest soy importer. Wheat firmed for a second day on worries about global crop weather, but corn turned lower on chart-based selling and concerns about ethanol plants shutting […] Read more
Corn hits one-week high on export prospects, technicals
Corn prices rose to a one-week high on Wednesday on a mix of technical buying and prospects for improved U.S. export demand as old-crop supplies from South America dwindle, analysts said. Wheat advanced, halting a four-day sell-off, and soybeans rose for a second day, joining a broad rally in commodities tied in part to end-of-the-month […] Read more
Grains – soybeans fall on Brazil weather; U.S.. hurricane eyed
U.S. soybean futures fell two per cent on Monday and appear headed for their biggest daily slide in almost a month due to long liquidation prompted by crop-friendly weather forecasts for top producer Brazil and by concerns of Hurricane Sandy’s impact on the U.S. financial sector. The sell-off in soybeans pulled down wheat and corn, […] Read more
U.S. soybeans fall, wheat pares gains on macro worries
U.S. soybean futures fell 0.7 per cent on Friday, halting a three-day rally, while wheat and corn pared early gains as fears about the health of the global economy prompted investors to exit riskier assets. General Electric and McDonald’s earnings disappointed and a perceived lack of progress on a Spanish bailout request reminded investors of […] Read more
Canadian Cattlemen Presents: Depth of Field
