Chicago | Reuters — Chicago Board of Trade corn futures inched higher in end-of-week consolidation trade on Friday, supported by some fresh global supply concerns and stronger-than-expected export data, traders said. Chicago Board of Trade soft red winter wheat also firmed slightly, with mild short-covering lending support. Ample global supplies but weak demand for U.S. […] Read more
U.S. grains: Corn, wheat post small gains
U.S. grains: Corn snaps winning streak but wheat, soy firm
Chicago | Reuters –– U.S. corn futures fell on Thursday, breaking a three-day streak of gains, as a pick-up in country movement of the yellow grain pulled prices from one-month highs hit early in the session, traders said. Wheat and soybean futures closed firm, bouncing back from declines on Wednesday on a round of bargain […] Read more
U.S. grains: Soybeans set back on profit taking
Chicago | Reuters — U.S. soybean futures dropped 1.1 per cent on Wednesday as investors locked in profits a day after the market’s rally to a four-week high, traders said. Wheat futures also fell, pressured by weak overseas demand for U.S. supplies. But corn closed slightly higher, with a surprise export sale triggering a mild […] Read more
U.S. grains: Corn, soybeans close firm; wheat gains muted
Chicago | Reuters –– U.S. soybean and corn futures closed firmer on Tuesday, hitting four-week highs on concerns about rains slowing the early soybean harvest in Brazil and investor hopes of stimulus measures in China, traders said. Chicago Board of Trade wheat futures followed corn and soybeans higher. Traders also cited technical buying in wheat […] Read more
USDA grains report catches speculators leaning wrong way
Washington | Reuters — Grains market speculators who had built massive short positions in recent months were caught leaning the wrong way after the U.S. government cut its corn and soy harvest views, as well as its wheat planting estimate, in reports released on Tuesday. Although the overall fundamental picture remains bleak, the bearish bets […] Read more
USDA’s corn, stocks view misses forecasts; prices surge
Washington | Reuters — U.S. corn and soybean supplies ballooned to record levels during the last three months of 2015 following bountiful harvests of both commodities and cutbacks in usage, according to government data released on Tuesday. But grain stocks lagged market forecasts, and corn and soybean production was smaller than previously estimated, the U.S. […] Read more
U.S. grains: Short-covering spurs slight gains in corn, soy, wheat
Chicago | Reuters — U.S. wheat, corn and soybean futures edged higher on Tuesday as investors used the previous session’s sharp declines to take profits on bearish bets they had placed on the commodities sector, traders said. But concerns about a weaker global economy cutting into demand limited buying and all three commodities closed below […] Read more
U.S. grains: Corn, wheat, soybeans sag to start 2016
Chicago | Reuters — Chicago Board of Trade corn, wheat and soybean futures fell sharply on Monday as concerns about economic weakness in China and the dollar’s strength raised concerns about global demand for U.S. commodities, traders said. Corn sank to its lowest level in four months while wheat hit a low not seen since […] Read more
U.S. grains: Wheat, corn, soy fall on global supply pressure
Chicago | Reuters –– Chicago Board of Trade wheat, corn and soybeans fell on Wednesday as traders grappled with huge world stocks of all three commodities. Grain and oilseed prices edged higher during the overnight session but traders quickly locked in profits from the mild spikes amid the bearish global balance sheet. Wheat futures fell […] Read more
U.S. grains: Soybeans fall on export pressure
Chicago | Reuters — Chicago Board of Trade soybean futures sank on Tuesday on expectations that U.S. exports will dry up due to increasing competition from South American countries, traders said. Corn futures also weakened, with ample global supplies and technical pressure triggering a round of profit-taking after they rose on Monday. Wheat edged higher […] Read more
Canadian Cattlemen Presents: Depth of Field
