Chicago | Reuters — U.S. soybean futures dropped 1.6 per cent on Friday to their lowest level in more than five months on pressure from rising forecasts for already-robust South American harvests, traders said. Corn futures also weakened, hitting their lowest level since Jan. 13. Chicago Board of Trade soft red winter wheat rose on […] Read more
U.S. grains: CBOT soybeans, corn fall
U.S. grains: Crop prospects drag on soybeans
Chicago | Reuters — U.S. soybean futures weakened on Wednesday, with prospects for bumper harvests in South America and record U.S. plantings weighing on the beaten-down market, traders said. Corn and wheat futures also closed in negative territory. Both grains have fallen for three days in a row. The outlook for rain in the U.S. […] Read more
U.S. grains: Wheat, corn fall to multi-week lows
Chicago | Reuters — U.S. wheat futures dropped to their lowest level in more than six weeks on Tuesday, their second straight day of declines, as weather forecasts bolstered expectations for strong yields adding to already-abundant supplies in the coming weeks, traders said. Corn futures also fell, hitting their lowest since Feb. 1, on pressure […] Read more
U.S. grains: Wheat drops on outlook for Plains rains
Chicago | Reuters — U.S. wheat futures fell on Monday, led lower by a 1.9 per cent drop in K.C. hard red winter wheat amid forecasts for improving weather for crop development in key U.S. growing areas. “The U.S. Plains were dry over the weekend, but the next precip(itation) chance is on the way later […] Read more
U.S. grains: Corn, wheat futures firm
Chicago | Reuters — U.S. corn and wheat futures closed slightly higher on Friday, as their recent rally from multi-week lows ran out of steam in the absence of fresh fundamental news, traders said. Soybeans weakened, their ninth decline in 10 sessions as the market remained anchored by expectations of a record crop in Brazil. […] Read more
U.S. grains: Soy drops for eighth straight session
Chicago | Reuters — U.S. soybean futures fell for the eighth session in a row on Wednesday, retreating after posting early gains when a report showed that processors crushed fewer beans than expected in February. Wheat and corn futures closed firm, with both grains supported by hopes that recent price declines have made U.S. supplies […] Read more
USDA raises U.S. stocks view as Brazil crop threatens exports
Washington | Reuters –– U.S. soybean supplies will be bigger than expected at the end of the marketing year as a record harvest in Brazil will flood the global market, cutting into demand for U.S. exports, the government said on Thursday. The U.S. Agriculture Department in its monthly supply and demand report raised its outlook […] Read more
U.S. grains: Wheat, corn, soybeans fall on plentiful supplies
Chicago | Reuters — U.S. corn, soybean and wheat futures fell on Wednesday, with plentiful global stocks and expectations of a robust harvest casting a bearish tone over the market, traders said. Wheat posted the biggest losses, falling below key technical support points as forecasts for rain in the U.S. Plains drove prices down two […] Read more
U.S. grains: Soy, corn fall on Brazil crop expectations
Chicago | Reuters — U.S. soybean futures dropped 1.1 per cent on Tuesday to their lowest in more than a week on rising expectations for a Brazil harvest already forecast to be a record, traders said. Outlooks for a bountiful South American harvest also weighed on corn futures, while wheat eased on profit-taking after rallying […] Read more
U.S. grains: Wheat rises on weather concerns
Chicago | Reuters — Chicago Board of Trade wheat futures rose 1.2 percent on Monday and hit their highest level since mid-February on concerns about dry conditions hampering crop development in the U.S. Plains, traders said. Falling production in Australia and strong export data also lent strength to the wheat market, which closed in positive […] Read more
Canadian Cattlemen Presents: Depth of Field
