Chicago | Reuters –– U.S. corn, soybean and wheat futures firmed on Monday on a round of technical buying and short-covering after prices weakened late last week, traders said. But huge supplies and spotty demand for U.S. supplies on the global market continued to hang over the market, limiting the gains. “It may be a […] Read more
U.S. grains: Short-covering, technical buying spur gains
U.S. grains: Corn, wheat, soybeans end week with losses
Chicago | Reuters — U.S. corn and soybean futures fell on Friday on concern that competition would stiffen on the export market, traders said. Wheat futures also were weak as traders locked in profits from a short-covering bounce that pulled prices from multi-year lows. Soybeans were on track to notch their biggest weekly decline since […] Read more
U.S. grains: Wheat, corn extend rally on short-covering
Chicago | Reuters — U.S. corn and wheat futures rose for the third straight day on Thursday, with investors who had made bearish bets on the grains scrambling to cover short positions as the market rallied, traders said. Soybeans also were firmer, but technical resistance and huge supplies kept the gains in check. Robust demand […] Read more
For U.S. farmers, ugly soy bids look better all the time
Chicago | Reuters –– U.S. farmers booked soybean sales this week as prospects for burgeoning global supplies and weak export demand caused growers to accept deals they’d rejected at similar price levels just a few weeks ago. Grain dealers noted an uptick in grower interest as Chicago Board of Trade soybean futures rallied 3.8 per […] Read more
U.S. grains: Wheat, corn, soybeans fall on good crop weather
Chicago | Reuters –– Chicago Board of Trade wheat futures fell on Friday, pressured by improving crop conditions in the U.S. Plains and Midwest while corn and soybeans dropped on beneficial crop weather in South America, traders said. The burgeoning harvest prospects threatened to add to the already ample global stockpiles of all three commodities. […] Read more
U.S. grains: Wheat rallies 1.5 per cent
Chicago | Reuters –– U.S. wheat, corn and soybean futures all firmed on Thursday on support from better-than-expected export sales reports for all three commodities, traders said. Gains in soybeans were limited by a huge global supply base following bumper harvests across the U.S. Midwest as well as improving crop weather in South America. Wheat […] Read more
U.S. grains: Soybeans, wheat close lower
Chicago | Reuters — U.S. soybean futures fell on Wednesday in a technical setback following two days of modest gains, traders said. Wheat futures also weakened as a bleak fundamental picture, highlighted by plentiful global stocks, cast a bearish tone across the agriculture sector. Corn was mixed, with some contracts edging higher on a late […] Read more
U.S. grains: Wheat futures sag as conditions improve
Chicago | Reuters — U.S. wheat futures shed 1.3 per cent on Tuesday, their third straight day of declines, after a government report showed that crop conditions improved amid better moisture in main growing areas, traders said. “I do not think there is much going on out there (to help wheat),” said Mike Krueger, president […] Read more
U.S. grains: Soybeans bounce from 6-1/2 year lows
Chicago | Reuters –– U.S. soybean futures firmed on Monday, rising from 6-1/2 year lows on bargain-buying as investors covered bearish bets amid signs of strong export demand, traders said. Corn futures also closed higher, with traders citing a round of short-covering. The gains in both commodities were kept in check by pressure from burgeoning […] Read more
U.S. grains: Corn, soy, wheat close lower, post weekly losses
Chicago | Reuters — U.S. soybean futures fell on Friday on a profit-taking setback after posting gains in the previous two sessions, traders said. Soybeans closed near session lows but the declines were kept in check by technical buying as prices neared contract lows hit earlier in the week. Expectations for huge plantings in 2016 […] Read more
Canadian Cattlemen Presents: Depth of Field
