Chicago | Reuters — U.S. soybean futures fell on Friday as the weather outlook for the Midwest bolstered expectations of a huge harvest in the fall, traders said. Chicago Board of Trade corn and wheat futures firmed, recovering from early weakness on short-covering and technical buying. The forecast for key growing areas of the U.S. […] Read more
U.S. grains: Weather forecast weighs on soybeans
U.S. grains: Soybeans weaken while corn, wheat tick higher
Chicago | Reuters –– U.S. soybean futures eased on Thursday, closing well above session lows as technical buyers stepped into the market after profit-taking sparked an early sell-off, traders said. Wheat and corn futures firmed on short-covering, recovering from early dips into negative territories. Rain in key U.S. growing areas that removed some lingering doubts […] Read more
U.S. grains: Exports support soybeans
Chicago | Reuters –– U.S. soybean futures rose to their highest in nearly four weeks on Wednesday on strong demand from China, the world’s top buyer of the oilseed, traders said. Corn and wheat futures posted mild gains on a round of short-covering. It was corn’s fourth positive close in a row. “We had some […] Read more
U.S. grains: Wheat rises on short-covering
Chicago | Reuters — U.S. wheat futures firmed on Tuesday, with a falling dollar spurring a mild round of short-covering in the beaten-down market, traders said. Corn futures also edged higher, with technical buying underpinning the market. Soybeans weakened, drawing back from sharp gains on Monday as investors locked in profits. Rain in eastern parts […] Read more
U.S. grains: Soybeans gain as soyoil rallies
Chicago | Reuters — U.S. soybean future surged 2.8 per cent on Monday to their highest in more than three weeks, supported by strong export demand and a rally in the soyoil market, traders said. The gains in soybeans pulled corn higher, but wheat closed lower as traders locked in profits from early gains amid […] Read more
USDA sees record U.S. corn, soy crops after good July weather
Washington | Reuters — The U.S. soybean and corn harvests will be the biggest ever this fall, according to a U.S. Agriculture Department monthly outlook that boosted yield and production forecasts for both crops above market expectations. USDA on Friday pegged the corn crop at 15.153 billion bushels, based on an average yield of 175.1 […] Read more
U.S. grains: Soy falls as harvest expectations rise; wheat, corn firm
Chicago / Reuters – U.S. soybean futures fell 2.3 per cent to a three-month low on Friday as the weather forecast for August reinforced expectations that the crop developing in the U.S. Midwest would blossom into a bumper harvest. Wheat and corn futures firmed, recovering from early weakness, as investment funds unwound bearish bets ahead of […] Read more
U.S. grains: U.S. corn extends losing streak on weak exports, good weather; soy firms
Chicago / Reuters – U.S. corn futures fell for the third day in a row on Thursday, with good weather for crop development in the U.S. Midwest and poor exports pushing prices to their lowest in nearly two years. Wheat and soybean futures firmed. The soy market was supported by signs that overseas buyers were […] Read more
U.S. grains: Improving weather sparks sell-off in U.S. corn, soybeans
Chicago / Reuters – U.S. corn and soybean futures posted sharp declines on Wednesday, with corn hitting its lowest in nearly two years as the latest weather outlook appeared less threatening to crop development, traders said. Soybean futures led the sell-off, sinking 2 per cent and hitting their lowest since April 26. Wheat futures also fell, […] Read more
U.S. grains: New forecast ends rallies
Chicago | Reuters — U.S. soybean futures fell 3.8 per cent on Thursday, giving up early gains after new weather forecasts boosted expectations of a robust harvest in the U.S. Corn and wheat futures also closed lower after rallying to two-week highs earlier in the session. The latest outlooks dialed back the amount of time […] Read more
Canadian Cattlemen Presents: Depth of Field
