Chicago | Reuters — U.S. wheat futures fell on Friday, their third straight day of declines, as a firm U.S. dollar further dampened the already poor prospects for U.S. supplies on the export market, traders said. Corn futures also weakened, weighed down by the drop in wheat, while soybeans firmed slightly. Strength in cash markets […] Read more
U.S. grains: Wheat futures sink as dollar rallies
U.S. grains: Wheat, corn, soy fall on weak technicals, ample supplies
Chicago | Reuters — U.S. wheat futures weakened for a second consecutive day on Thursday, with technical sellers pushing prices lower after the market failed to hold support at key chart points, traders said. K.C. hard red winter wheat led the declines, sinking 1.2 per cent, as improving moisture conditions in the U.S. Plains boosted […] Read more
U.S. grains: Wheat, corn weaken after strong start
Chicago | Reuters — Chicago Board of Trade wheat futures eased on Wednesday on a round of profit taking after prices firmed to 2-1/2 week highs during the session. “The wheat market has had trouble with the 50-day moving average since the middle of September, and today was no different,” Charlie Sernatinger, global head of […] Read more
U.S. grains: Soybeans fall as harvest speeds up
Chicago | Reuters — U.S. soybean futures eased on Tuesday after a U.S. government report showed farmers had increased their pace of harvesting what is expected to be a massive crop after a slow start, analysts said. Corn and wheat futures also settled in positive territory, recovering early losses after holding support at key technical […] Read more
U.S. grains: Wheat, corn post short-covering rally
Chicago | Reuters — Chicago Board of Trade corn and wheat futures firmed on Monday on a round of short-covering after U.S. regulatory data released late on Friday showed that speculators had boosted their bearish bet on both commodities. Wheat futures notched the biggest gains, rallying 2.4 per cent. Corn and wheat weakened early but […] Read more
U.S. grains: Soy futures weaken on improving weather
Chicago | Reuters — U.S. soybean futures fell for the second day in a row on Tuesday, pressured by improving weather for harvest in the U.S. Midwest as well as rain forecasts that will boost early crop development in Brazil, traders said. “We are leaking lower,” said Brian Rydlund, a broker at CHS Hedging. “We […] Read more
U.S. grains: Soybeans drop below $10 on profit-taking
Chicago | Reuters — Chicago Board of Trade soybean futures weakened on Monday, dipping below the US$10-per-bushel threshold the market hit for the first time in 2-1/2 months last week. “Soybeans are lower, giving back some of last week’s gains on profit taking,” Farm Futures analyst Bryce Knorr said in a note to clients. Soybean […] Read more
U.S. grains: Soybeans, corn rise as harvest slows
Chicago | Reuters — U.S. soybean futures rose 1.1 per cent on Thursday to their highest level in nearly a week, supported by reports of some disappointing yields in key Midwest production areas and technical buying, traders said. Concerns about rains slowing down the U.S. harvest, which was already behind the typical pace, added strength […] Read more
U.S. grains: Corn, wheat post small gains
Chicago | Reuters — U.S. corn and wheat futures firmed slightly on Friday, supported by a round of end-of-week bargain buying after posting sharp declines on Thursday, traders said. Soybeans weakened on technical pressure after the market threatened, but failed to break through a four-week high hit on Thursday. Strong export demand limited the declines. […] Read more
U.S. grains: Corn, soybean, wheat futures weaken
Chicago | Reuters — U.S. corn futures on Thursday sagged 1.7 per cent on technical selling and expectations of a U.S. bumper harvest that would enlarge the already massive global supply of the grain, traders said. Wheat and soybean futures also posted lower closes. Wheat faced pressure from weak worldwide demand for U.S. supplies and […] Read more
Canadian Cattlemen Presents: Depth of Field
