Chicago | Reuters –– Chicago Board of Trade wheat futures jumped 2.3 per cent on Thursday, posting their third gain in the last four sessions as some weather concerns provided the impetus for traders to cover short positions. The forecast for more rain, which could slow the tail end of seeding in parts of the […] Read more
U.S. grains: Weather concerns prompt short-covering in wheat
U.S. grains: Wheat, soybeans sag after rally
Chicago | Reuters — U.S. wheat futures fell on Wednesday, shrugging off weakness in the dollar as investors locked in profits following two days of sharp gains, traders said. Soybean futures ended lower, too, pressured by commercial hedging after farmers booked sales on the cash market following a rally that pushed futures prices to their […] Read more
U.S. grains: Lower greenback sparks rally in wheat, corn, soy
Chicago | Reuters –– U.S. corn, soybean and wheat futures rallied on Tuesday, supported by a steep decline in the U.S. dollar that made all three commodities more attractive to investors looking for a hedge against inflation, traders said. Wheat notched the biggest gain, with the front-month Chicago Board of Trade (CBOT) contract surging 3.8 […] Read more
U.S. grains: Short-covering sparks rally in wheat
Chicago | Reuters –– U.S. wheat futures rallied 3.4 per cent on Monday, bouncing off of their lowest in nearly three weeks, on a round of short-covering, traders said. “Frankly this market was struggling to go down,” Arlan Suderman, senior market analyst at Water Street Solutions, said. “When you run out of sellers because they […] Read more
U.S. grains: Soybeans, corn fall on planting pace
Washington | Reuters — U.S. corn and soybean futures fell on Monday, pressured by expectations that a government report will show the pace of planting of both commodities was well ahead of the typical schedule. Wheat futures were mixed, with hard red winter wheat contracts supported by concerns about the crop in the U.S. Plains […] Read more
U.S. grains: Crop tour results boost wheat
Chicago | Reuters — U.S. wheat futures rose on Friday, supported by results from an annual crop tour that projected below-average yields in Kansas, the top production state for the grain, traders said. End-of-week short covering and some bargain buying following a 1.4 per cent decline on Thursday also buoyed prices. Corn and soybeans firmed […] Read more
U.S. grains: Weather outlook weighs on corn, soy
Chicago | Reuters –– U.S. corn and soybean futures fell on Thursday, pressured by forecasts for wet and warm weather in the Midwest that will foster early development of both crops in the coming weeks, traders said. Wheat futures also dropped after a sharp rally on Wednesday despite reports of poor yields from a crop […] Read more
U.S. grains: Wheat jumps on weak crop tour results, short-covering
Chicago | Reuters — U.S. wheat futures surged 2.7 per cent on Wednesday, bouncing back from near five-year lows on disappointing results from a crop tour and a crumbling U.S. dollar, traders said. The wheat gains, the most since April 1, spilled into the corn market, which also benefited from slow farmer selling on the […] Read more
U.S. grains: Wheat falls as weather improves
Chicago | Reuters — U.S. wheat futures sank 1.3 per cent on Tuesday, flirting with five-year lows after rain in key production areas boosted harvest prospects as the crop nears maturity, traders said. Poor export demand for U.S. supplies and strong yield projections from early results of a crop tour through Kansas also pressured the […] Read more
U.S. grains: Soybeans rise on soyoil rally; wheat, corn drop
Chicago | Reuters –– U.S. soybean futures rose 1.3 per cent on Monday, following a sharp rally in soyoil that stemmed from talk of rising demand on the export market. “I’ve heard some talk that China has an increased appetite for (soy)oil, said Bill Gentry, broker at Risk Management Associates. “That has given some value […] Read more
Canadian Cattlemen Presents: Depth of Field
