Chicago | Reuters — U.S. corn futures drifted to a one-week low on Friday as traders adjusted positions ahead of a monthly U.S. government report that analysts expect to show rising grain inventories and big South American crops. Soybeans closed narrowly mixed but the most-active contract posted a fifth weekly decline, its longest losing streak […] Read more
U.S. grains: Corn sags, soy posts longest weekly skid in 30 months
U.S. grains: Wheat falls in thin trade
Chicago | Reuters — U.S. wheat futures fell on Thursday on technical selling, hitting their lowest level since last week on a lack of supportive news and plentiful global inventories, analysts said. Corn and soybeans also sagged. Chicago Board of Trade May wheat settled down 6-1/2 cents at $4.23-1/4 per bushel (all figures US$). CBOT […] Read more
U.S. grains: Soybeans rebound on Argentina rains
Chicago | Reuters — U.S. soybeans rebounded on Wednesday from multi-month lows sparked a day earlier by fears of harvest delays in Argentina, while China’s return to the market after a holiday helped boost prices, analysts said. Corn and wheat followed the strength in soybeans, but rising stockpiles of corn-based ethanol pressured corn futures at […] Read more
U.S. grains: Soybeans plumb new lows
Chicago | Reuters — Chicago Board of Trade May soybean futures fell to their lowest level in a year on Tuesday, pressured by expectations for record-large U.S. plantings and a massive South American harvest, analysts said. Corn futures fell one per cent on profit-taking a day after reaching a three-week top, while wheat ended narrowly […] Read more
U.S. grains: Corn at three-week high on U.S. area outlook
Chicago | Reuters — U.S. corn futures hit a three-week high on Monday while soybeans set multi-month lows as traders continued to respond to a plantings forecast released Friday by the U.S. Department of Agriculture, analysts said. Wheat followed corn higher, supported by commodity funds covering short positions. “We’re still buying feed grains and selling […] Read more
U.S. grains: Wheat rebounds after 2-1/2-month lows
Chicago | Reuters — U.S. wheat prices climbed on Tuesday in a light rebound from multi-month lows set on Monday, although forecasts for much-needed rains in the Plains wheat belt kept a lid on gains, analysts said. Corn firmed and soybeans edged higher after a choppy session as traders adjusted positions ahead of a pair […] Read more
U.S. grains: Corn climbs on export demand, technical rebound
Chicago | Reuters — U.S. corn futures on Thursday climbed on better-than-expected weekly export sales data and bargain buying after the May contract hit a two-month low this week, analysts said. Soybeans also rebounded after lows set this week, while wheat finished flat. Chicago Board of Trade May corn settled up 2-1/2 cents at $3.66 […] Read more
U.S. grains: Soy drops below $10 on rising supplies
Chicago | Reuters — Chicago Board of Trade soybean futures declined on Tuesday for a seventh straight session, dropping below US$10 a bushel as hefty South American harvests threatened U.S. soy export prospects, traders said. Corn firmed, snapping a six-session slide on news of U.S. corn sales to China, while wheat was little changed after […] Read more
U.S. grains: Wheat falls on rain prospects for Plains
Chicago | Reuters — U.S. wheat futures fell more than two per cent on Monday on improving weather forecasts for the southern Plains winter wheat belt, analysts said. Corn followed wheat down and nearby soybean futures closed fractionally lower after a choppy session. Chicago Board of Trade May wheat settled down 10 cents at $4.30-1/2 […] Read more
U.S. grains: Soybeans extend slide on Brazil crop outlook
Chicago | Reuters — Chicago Board of Trade soybean futures fell to a two-month low on Friday as the ongoing harvest of a projected record-large Brazilian soy crop threatened U.S. export prospects, traders said. Corn and wheat followed the weak trend, despite a setback in the U.S. dollar. CBOT May soybean futures settled down 4-1/2 […] Read more
Canadian Cattlemen Presents: Depth of Field
