U.S. grains: Soy drops on bigger-than-expected stocks

Chicago | Reuters — U.S. soybean futures dropped Monday after the U.S. Agriculture Department made smaller-than-expected cuts to domestic stockpile and South American crop production forecasts, traders said. Corn futures also sagged, dropping 2.2 per cent from the six-month high hit last week, after USDA raised the global supply view. The declines in corn weighed […] Read more



U.S. grains: Soybeans rise on USDA acreage view

Chicago | Reuters — U.S. soybean futures firmed on Thursday, erasing losses made in the overnight trading session, on support from a government forecast for acreage expansion that came in below market expectations, traders said. Gains in the new-crop contracts outstripped old-crop offerings due to the plantings outlook. “While increased acres will have near-term bearish […] Read more





U.S. grains: Soy drops as China cancels U.S. imports

Chicago | Reuters — U.S. soybean futures fell on Wednesday due to waning demand for U.S. supplies from China, the world’s top buyer of the oilseed, traders said. Wheat and corn futures reversed earlier gains to close lower on a bout of technical selling. Private exporters reported the cancellation of 270,000 tonnes of U.S. soybeans previously […] Read more