Chicago | Reuters — Chicago corn futures fell nearly one per cent on Tuesday on chart-based selling as the harvest of a large U.S. crop loomed, traders said. Soybeans followed the weak trend, declining in the absence of fresh supportive news, and wheat closed mixed, with front-month December fractionally lower. “The biggest thing is, there […] Read more
U.S. grains: Corn falls one per cent as harvest looms
U.S. grains: Soybeans end lower in retreat from early strength
Chicago | Reuters — U.S. soybean futures closed lower on Monday as a bout of technical selling erased early strength tied to export demand and uncertainty about Midwest yield prospects, analysts said. Corn fell on expectations of continued, burdensome U.S. supplies, and wheat also declined in listless trade. CBOT November soybeans settled down one cent […] Read more
U.S. grains: Soybeans ease but notch fourth weekly gain
Chicago | Reuters –– U.S. soybean futures fell on Friday on profit-taking but the benchmark Chicago Board of Trade November contract still recorded a fourth straight weekly advance, supported by firm cash markets and export demand. CBOT wheat rose on short-covering and worries about dry conditions in Australia while corn closed modestly higher in rangebound […] Read more
U.S. grains: Soy hits one-month top on export demand
Chicago | Reuters — U.S. soybean futures set a one-month high on Thursday on robust export demand coupled with short covering and strength in cash markets, traders said. Corn followed the firm trend, drawing additional support from strength in other commodities, including crude oil. The 19-market Thomson Reuters CoreCommodity Index was up 0.2 per cent […] Read more
U.S. grains: Soy steadies after tumbling on higher crop estimate
Chicago | Reuters — U.S. soybeans firmed on Wednesday in a light technical rebound one day after the U.S. Department of Agriculture surprised analysts by raising its estimates of the U.S. corn and soybean yields. Corn futures ended flat while wheat was modestly higher, paring gains after the Chicago Board of Trade December contract hit […] Read more
U.S. grains: Corn falls after USDA raises yield estimate
Chicago | Reuters — Chicago corn futures fell 1.7 per cent on Tuesday, the biggest drop for a most-active contract in nearly a month, after the U.S. Department of Agriculture raised its 2017 corn yield forecast, bucking most trade expectations for a reduction. Soybean futures fell after the USDA surprised analysts by hiking its U.S. […] Read more
U.S. grains: Wheat lower on hefty global stocks
Chicago | Reuters — U.S. wheat futures dipped to a one-week low on Monday as swelling harvest supplies in the Black Sea export region hung over a subdued market a day ahead of closely watched U.S. government crop forecasts. Soybean futures also declined, while corn edged higher in choppy trade. Chicago Board of Trade December […] Read more
U.S. grains: Corn hits two-week high
Chicago | Reuters –– U.S. corn futures hit a two-week high on Wednesday on a mix of short-covering and worries about the pace of U.S. crop maturity, traders said. Soybeans and wheat futures also posted modest advances. Chicago Board of Trade December corn futures settled up 2-1/2 cents at $3.61 per bushel after reaching $3.62, […] Read more
U.S. grains: Soy rises on technicals, dry forecast
Chicago | Reuters — U.S. soybean futures hit a 3-1/2-week high on Tuesday on technical buying and forecasts for dry weather in the Midwest that could threaten late-season yield prospects, analysts said. Corn and wheat futures followed the higher trend. Chicago Board of Trade November soybean futures settled up 19 cents at $9.68-1/2 per bushel […] Read more
U.S. grains: Corn lower as yield forecasts rise
Chicago | Reuters — U.S. corn futures fell on Friday on rising expectations of plentiful supplies from what should be a bumper Midwest harvest beginning later this month, analysts said. Soybean futures firmed, led by strength in soyoil, and wheat rose on technical buying ahead of a three-day U.S. holiday weekend. Markets will be closed […] Read more
Canadian Cattlemen Presents: Depth of Field
