Chicago | Reuters — Chicago Board of Trade wheat futures fell to life-of-contract lows on Friday, pressured by disappointing weekly export sales data and ample global supplies, analysts said. Corn and soybeans futures followed wheat lower, bucking support from strength in crude oil and a weaker dollar, which tends to make U.S. grains more competitive […] Read more
U.S. grains: Wheat falls to contract lows on export data
U.S. grains: Soy nears US$10 a bushel ahead of holiday
Chicago | Reuters — Chicago soybean futures approached a two-week high near US$10 a bushel Wednesday on technical buying ahead of the U.S. Thanksgiving holiday, analysts said. Additional support stemmed from worries that the La Nina weather phenomenon, expected to emerge next month, could stress soy and corn crops in South America. The La Nina […] Read more
U.S. grains: Wheat up as crop ratings, Russia news spur short-covering
Chicago | Reuters — Chicago wheat futures rose on Tuesday as a decline in U.S. crop ratings and news of radioactive pollution in the Ural mountains triggered a round of short-covering and concern about wheat exports from Russia, the world’s top supplier. Corn and soybean futures closed little changed after a choppy session. Chicago Board […] Read more
U.S. grains: Corn up nearly 2 pct on short-covering; soy, wheat climb
Chicago | Reuters – U.S. corn futures rose about 2 percent on Friday on fund-driven short-covering and talk of increased export demand, while soybeans hit a one-week high as worries about stressful crop weather in Argentina lifted soymeal futures, analysts said. Wheat followed the firm trend, which extended broadly across the commodities sector. The 19-market […] Read more
U.S. grains: Soybeans climb on seasonal strength, bullish soyoil data
Chicago | Reuters — U.S. soybean futures firmed on Wednesday on seasonal strength as the Midwest harvest wound down and a jump in soyoil tied to an unexpected monthly drawdown in domestic supplies, traders said. Chicago Board of Trade wheat futures fell nearly two per cent, nearing contract lows, in a technical sell-off. Corn futures […] Read more
U.S. grains: Corn hits one-year low as harvest nears end
Chicago | Reuters — U.S. corn futures dropped 1.4 per cent to a one-year low on Tuesday, pressured by ample supplies from the nearly completed harvest of the second-largest domestic corn crop on record, traders said. Soybeans declined, following corn lower, as improving crop weather in South America added to bearish sentiment. But wheat futures […] Read more
U.S. grains: Soy hits one-month low
Chicago | Reuters — U.S. soybean futures fell to their lowest in a month on Monday, pressured by improving crop weather in South America and chart-based selling, with the benchmark January contract falling through several key moving averages, analysts said. Wheat fell in technical moves amid a lack of news, and corn fell but the […] Read more
U.S. grains: Corn, soy, wheat firm in light recovery after USDA reports
Chicago | Reuters – U.S. corn and soy futures firmed on Friday in a light technical bounce one day after the U.S. Department of Agriculture released larger-than-expected yield estimates for both crops. Wheat futures rose on short-covering, analysts said. Chicago Board of Trade December corn futures settled up 2 cents at $3.43-1/2 a bushel, January […] Read more
U.S. grains: Soybeans fall more than 1 pct as Brazilian currency weakens
U.S. soybean futures fell by more than 1 percent on Friday, giving up all of Thursday’s rally and more, as Brazil’s currency fell, making Brazilian soy more competitive on the global market, analysts said. Corn and wheat followed soybeans lower. As of 12:47 p.m. CDT (1747 GMT), Chicago Board of Trade January soybeans were down […] Read more
U.S. grains: Soy climbs to one-week high on yield worries
Chicago | Reuters — U.S. soybean futures rose to a one-week high on Wednesday on concerns that the U.S. Department of Agriculture (USDA) might lower its forecast of the domestic soybean yield in a monthly report next week, traders said. Corn firmed along with soybeans as firm cash markets lending support. Wheat drifted lower but […] Read more
Canadian Cattlemen Presents: Depth of Field
