Chicago | Reuters –– Chicago Board of Trade soybean futures surged 2.9 per cent on Thursday on concerns that more rain in the U.S. Midwest would hinder crop development, traders said. Corn futures followed soybeans higher. Expectations that the U.S. Agriculture Department will trim its production forecast for both commodities in its monthly supply and […] Read more
U.S. grains: Soybeans, corn rally ahead of USDA report
U.S. grains: Wheat crumbles after hitting six-month high
Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures plunged 4.4 per cent on Wednesday, with the front-month contract crashing from a six-month high as investors locked in profits from Tuesday’s corn-led rally, traders said. Corn closed mostly firmer after trading in negative territory for much of the day while soybeans […] Read more
U.S. corn, soy stocks grow less than expected
Washington | Reuters — U.S. soybeans and corn stocks ballooned from a year ago but still missed market forecasts as strong demand ate into supplies, the U.S. Department of Agriculture said Tuesday. Wheat supplies were bigger than expected. U.S. wheat has struggled on the export market and weak prices for corn have cut demand for […] Read more
U.S. grains: Wheat firms as rain slows harvest
Chicago | Reuters — Chicago Board of Trade wheat futures rose 2.5 per cent on Monday, closing in positive territory for the sixth time in seven sessions on support from wet weather that has been delaying harvest in key U.S. growing areas, traders said. The concerns about the slow harvest, which was most pronounced in […] Read more
U.S. grains: Corn falls on improving weather view
Chicago | Reuters — Chicago Board of Trade soybean futures fell on Friday, setting back from a three-day rally on a round of profit-taking after prices hit their highest in more than a month, traders said. Corn futures also fell, pressured by forecasts for drier weather and rising temperatures that will foster corn development. CBOT […] Read more
U.S. grains: Soy rallies on short-covering, planting woes
Chicago | Reuters — U.S. soybean futures rose for the third day in a row on Thursday, touching their highest in more than five weeks on concerns that dry weather will arrive too late to allow for planting in rain-soaked areas of the Midwest, traders said. Traders said the excess moisture could force farmers to […] Read more
U.S. grains: CBOT corn, soy, wheat rise on weather outlook
Chicago | Reuters –– U.S. soybean futures rose on Wednesday as concerns about rain forcing some farmers to dial back their plantings sparked a round of short-covering, traders said. Corn and wheat futures also closed higher, supported by technical buying as well as some weather-related concerns. Soybeans, which notched a second straight day of double […] Read more
U.S. grains: Soybeans rally as planting slows, crop concerns emerge
Chicago | Reuters — Chicago Board of Trade soybean futures rose as much as 2.5 per cent on Tuesday, supported by the U.S. Department of Agriculture’s cut to crop ratings and its report showing planting has fallen behind the typical pace, traders said. Corn futures rose too, firming on bargain buying after posting a sharp […] Read more
U.S. grains: Weather view weighs on CBOT corn, wheat
Chicago | Reuters — Chicago Board of Trade wheat futures sank 2.9 per cent on Monday, hitting a two-week low on expectations that drier conditions in the U.S. Plains will allow farmers to harvest a bumper crop, traders said. Corn futures also fell, hitting new contract lows amid pressure from good weather for crop development […] Read more
U.S. grains: Profit-taking weighs on soybeans, corn, wheat
Chicago | Reuters — U.S. corn, wheat and soybean futures fell on Friday on end-of-week profit-taking and technical selling, traders said. It was the first time all three commodities posted losses on the same day since May 26. Some position-squaring ahead of the U.S. Agriculture Department’s monthly supply and demand report on Wednesday was noted. […] Read more
Canadian Cattlemen Presents: Depth of Field
