Chicago | Reuters –– U.S. wheat futures fell 2.2 per cent to a six-week low on Thursday on poor export demand and easing concerns about crop damage despite sub-zero temperatures settling in across key U.S. growing regions, traders said. “Yes, it did get very cold overnight,” Joe Barker, market analyst at CHS Hedging said in […] Read more
U.S. grains: Wheat, corn slump as export demand weakens
U.S. grains: Corn drops as ethanol stocks build
Chicago | Reuters — U.S. corn futures fell 2.2 per cent on Wednesday, dropping below the key US$4 a bushel level on pressure from an industry report that showed demand from the ethanol sector was waning. Wheat futures also declined on concerns about a strong dollar hitting export demand for U.S. offerings amid an ample […] Read more
U.S. grains: Wheat up as temperatures drop
Chicago | Reuters –– U.S. wheat futures rose for a second day in a row on Tuesday on support from the deteriorating condition of the dormant crop and prospects for more damage from arctic temperatures across key growing areas, traders said. “The hard red winter wheat crop is in a tough spot right now,” Matt […] Read more
U.S. grains: Wheat, corn, soybeans surge on technical, bargain buying
Chicago | Reuters — U.S. soybean, corn and wheat futures rallied on Monday, rebounding from sharp losses on a round of bargain buying, traders said. “People are coming back from holiday and saying ‘look at how hard things got hit’ and maybe thinking that it was a little overdone,” said A/C Trading Co. president Jim […] Read more
U.S. Grains: Profit taking pulls U.S. wheat lower, soy sags
U.S. wheat futures fell 3.5 per cent on Friday, stepping back from their highest in more than six months on a round of profit-taking ahead of a holiday-shortened week, traders said. The drop in wheat weighed on corn, but signs of strong export demand limited selling in the yellow grain. Soybeans also were weak on forecasts for crop-boosting rain in […] Read more
U.S. grains: CBOT wheat extends rally, corn hits highest since July
Chicago | Reuters — U.S. wheat futures rose on Thursday, extending a winning streak spurred by concerns about Russia cutting back on its overseas shipments, traders said. Corn and soybean futures also firmed, with corn hitting its highest since July 7 during the session. Improving export prospects following China’s approval of some genetically modified strains […] Read more
USDA cuts U.S. corn, soy stocks view on demand hikes
Washington/Chicago | Reuters — Strong demand for U.S corn and soybeans will cut into the abundant domestic supply stockpile by more than expected, according to government data released on Wednesday. The U.S. Department of Agriculture’s outlook for tighter corn and soy supplies, issued in a monthly crop report, surprised analysts who expected an increase in […] Read more
U.S. grains: Strong exports fuel corn, soy rally
Chicago | Reuters — Soybean and corn futures rose on Thursday on an export report that showed recent price declines have sparked strong overseas demand for U.S. commodities, traders said. “The exports have been pretty good for the last two or three weeks,” said Bill Gentry, broker at Risk Management Commodities. “Most of the guys […] Read more
U.S. grains: Wheat drops on profit taking, export prospects
Chicago | Reuters — U.S. wheat futures fell 2.3 per cent on Wednesday, retreating from near six-month highs on a round of profit taking and ideas that the recent rally had made U.S. supplies uncompetitive on the global market, traders said. Corn and soybeans edged higher, turning positive late in the trading day. Soybeans received […] Read more
U.S. grains: Soy, corn plunge on South American weather, technicals
Chicago | Reuters — U.S. soybean futures dropped 2.1 per cent to their lowest in more than five weeks on Tuesday on good conditions for growth in Brazil and Argentina, technical pressure and a steep decline in soyoil prices, traders said. The South American weather also weighed on corn futures, while wheat backed off on […] Read more
Canadian Cattlemen Presents: Depth of Field
