Chicago | Reuters –– U.S. wheat futures closed lower on Monday amid plentiful global inventories and poor export demand for U.S. supplies, traders said. Corn and soybeans also fell as macroeconomic worries hung over the market and on some forecasts for much-needed rains in Argentina next week. At the Chicago Board of Trade, March wheat […] Read more
U.S. grains: Wheat sags on ample global supplies
U.S. grains: Wheat rises to one-month high on technicals
Chicago | Reuters –– Chicago Board of Trade wheat prices climbed to a one-month high Tuesday on chart-based buying and fund short-covering as the market digested news that Russia might limit grain exports, traders said. U.S. soybean futures retreated and corn closed lower after a volatile session. At the CBOT, March wheat settled up 3-1/4 […] Read more
U.S. grains: Wheat up on talk of Russia curbing exports
Chicago | Reuters — U.S. wheat futures climbed to a one-week high on Monday on short-covering and concerns about the possibility that Russia might limit exports, traders said. Soybeans rose, led by soymeal, while corn ended nearly unchanged. At the Chicago Board of Trade, March wheat settled up six cents at $4.81-1/2 per bushel (all […] Read more
U.S. grains: Soy and grains post annual declines
Chicago | Reuters — U.S. soybean futures fell on Thursday as traders eyed forecasts for much-needed rains in Brazil, while corn and wheat ended narrowly mixed in light year-end trading. All three commodities posted annual declines for 2015. Markets will be closed on Friday for the New Year’s Day holiday. “Going into the weekend with […] Read more
Cargill to sell crop insurance unit to Silveus
Reuters — Global commodities trader Cargill will sell its crop insurance business to the Silveus Insurance Group next month, the two companies said Tuesday. The deal will close the second week in January, said Tyler Silveus, CEO for Silveus, based in Warsaw, Indiana. “We are not disclosing terms of the deal, other than we are […] Read more
U.S. grains: Wheat rallies on bargain-buying, fund short-covering
Chicago | Reuters — U.S. wheat futures rose roughly two per cent on Tuesday to hit a one-week high on bargain buying and concerns about crop prospects in the southern Midwest, traders said. Soybeans were also higher while corn futures firmed, rallying from contract lows as wheat advanced. At the Chicago Board of Trade, March […] Read more
Flooding in U.S. Midwest threatens winter wheat
Chicago | Reuters — Heavy weekend storms caused flooding in parts of the southern U.S. Midwest, threatening the region’s soft red winter wheat, crop experts said on Monday. A swath of eastern Texas, Arkansas, Missouri and southern Illinois received 7.5 to 18 cm of rain with localized totals of up to 25 cm, MDA Weather […] Read more
U.S. grains: Soybeans fall on improved Brazil weather forecasts
Chicago | Reuters — Chicago Board of Trade soybean futures fell for a fifth straight session on Monday as forecasts for rains across Brazil’s key producing region Mato Grosso eased concerns of potential yield losses in the world’s largest exporter. Corn futures fell to life-of-contract lows on fears of slowing export demand, and wheat followed […] Read more
U.S. grains: Soybeans, corn climb, rallying from last week’s lows
Chicago | Reuters –– U.S. soybean futures hit three-week highs on Monday on bargain buying and a technical rebound from long-term lows established last week, traders said. Corn also firmed at the Chicago Board of Trade while wheat ended mixed, with nearby contracts pressured by larger-than-expected deliveries against the December contract. At the CBOT, January […] Read more
U.S. grains: Wheat firms but weak exports limit gains
Chicago | Reuters — U.S. wheat futures firmed on Thursday on technical buying including short-covering, but advances were modest as export sentiment remained gloomy. Soybean futures also rose while corn closed narrowly mixed. At the Chicago Board of Trade, December wheat settled up 3-1/4 cents at $4.98 a bushel, after briefly trading above $5 for […] Read more
Canadian Cattlemen Presents: Depth of Field
