Chicago / Reuters – U.S. soybean futures fell more than 3 percent on Tuesday after an unexpected improvement in the condition of U.S. crops eased concerns that recent hot weather would hurt yields. Corn and wheat futures followed soybeans lower. As of 12:11 p.m. CDT (1711 GMT), Chicago Board of Trade November soybean futures were […] Read more

U.S. grains: Soy slides as crop ratings, weather boost supply prospects

Drought hits parts of North Dakota spring wheat prospects
Minot / Reuters – Spring wheat crops in central and northwestern North Dakota were showing the effects of hot, dry conditions and yield prospects were down sharply from a year ago, scouts on an annual crop tour said Wednesday. “The early-planted stuff looks the toughest,” said Dave Green, executive vice president of the Wheat Quality […] Read more

Global buyers of quality wheat face disappointment in Canada
Winnipeg/Chicago | Reuters — Buyers looking to Canada for high-quality wheat to make bread as drought roils output in the northern U.S. may be thwarted, as dry weather has also hit crops there. Wheat plants with the high protein content needed to bake bread have shrivelled in the U.S., one of the world’s top exporters, […] Read more

U.S. grains: Corn falls four per cent after USDA data
Chicago | Reuters — U.S. corn futures fell four per cent on Wednesday after the U.S. Department of Agriculture raised its U.S. old- and new-crop corn ending stocks forecasts more than most analysts expected. Wheat and soybeans followed corn lower, with rains in Iowa and Illinois this week adding pressure. Chicago Board of Trade September […] Read more

U.S. grains: Soybeans set four-month top
Chicago | Reuters — U.S. soybean futures hit a four-month high Tuesday on worries about stressful crop weather in the Midwest and as traders squared positions one day ahead of monthly reports from the U.S. Department of Agriculture. Corn futures ended fractionally lower on profit-taking after a one-year high, while wheat ended higher after a […] Read more

U.S. grains: Corn, soy, wheat rise as crop belt heats up
Chicago | Reuters — U.S. corn and wheat futures rose more than two per cent on Monday, with corn setting a one-year high on worries about forecasts for potentially stressful heat in parts of the Midwest. Chicago Board of Trade wheat futures climbed nearly three per cent, led by outlooks for more hot and dry […] Read more

U.S. grains; Wheat, corn, soy climb; spring wheat tops US$8
Chicago | Reuters — U.S. wheat, soybean and corn futures rose in an abbreviated session ahead of the Fourth of July holiday, buoyed by worries that hot and dry weather in the northern Plains spring wheat belt could spread into the western Midwest, analysts said on Friday. Spring wheat futures on the Minneapolis Grain Exchange […] Read more

U.S. grains: Chicago wheat above $5 on U.S., Canadian concerns
Chicago | Reuters — Chicago Board of Trade wheat futures closed above US$5 a bushel on Friday for the first time in a year, buoyed by diminishing outlooks for spring wheat crops in both the U.S. and Canada, analysts said. CBOT soybean futures rose about three per cent and corn futures also followed the firming […] Read more

U.S. grains: Spring wheat sets three-year top on weather woes
Chicago | Reuters — U.S. spring wheat futures charged to a three-year high on Thursday, fueled by fears that continued dry conditions in the northern U.S. Plains would cut supply of high-protein milling wheat. The surge in spring wheat futures on the Minneapolis Grain Exchange (MGEX) also lifted Chicago Board of Trade wheat to a […] Read more

U.S. grains: Spring wheat futures top US$7 on weather worries
Chicago | Reuters — U.S. spring wheat futures surged 3.4 percent on Wednesday, topping US$7 a bushel for the first time in nearly three years on worries that stressful weather will curb production of the high-quality milling wheat, analysts said. The jump in Minneapolis Grain Exchange (MGEX) spring wheat lifted Chicago Board of Trade wheat […] Read more