U.S. corn, soybean and wheat futures fell on Thursday as traders locked in profits from sharp rallies earlier in the week. The downturn in corn and wheat completely erased the week’s gains, but declines in soybeans were limited by concerns that crop yields could be reduced in coming days if hot and dry weather persists. […] Read more
U.S. corn, soy, wheat close lower on profit-taking setback
CBOT soybeans rise on export boost, crop concerns
U.S. soybean futures were mostly stronger Wednesday on signs of strong export demand and concerns that rain in the forecast for the U.S. Midwest will arrive too late to provide much benefit for the crop, traders said. Chicago Board of Trade wheat futures slipped on profit-taking despite rising global interest for the feed grain, while […] Read more
CBOT soybeans, corn fall as weather outlook improves
U.S. corn and soybean futures fell on Tuesday as forecasts for slightly wetter-than-expected weather across the U.S. Midwest prompted a round of profit-taking following sharp gains the previous two sessions, traders said. The weakness spilled over into the wheat market, but declines were limited by good demand on the export market and concerns about cold […] Read more
U.S. wheat falls with export demand, corn weak
U.S. wheat futures sank on Wednesday to their lowest levels since June 2012 as overseas buyers turned to other countries for their import needs, traders said. Corn also fell, pressured by expectations for a bumper harvest this fall, while soybeans were mixed. Old-crop soybean contracts edged higher but new-crop fell due to the bearish weather […] Read more
GRAINS: U.S. soy rises on technical buying; wheat firms too
U.S. soybean futures rose on Friday on technical buying after declines earlier in the week left the market oversold, traders said. Wheat also firmed as traders scrambled to cover short positions before the weekend. Chicago Board of Trade corn was mixed, with the front-month contract falling but deferred months pulled higher by the strength in […] Read more
GRAINS: Corn near three-year low; weighed down by U.S. weather
U.S. corn futures fell 2.4 per cent to their lowest in nearly three years on Thursday as yield-boosting weather across the U.S. Midwest raised already high expectations about a bumper harvest this fall. “The bears certainly took back control of the markets,” said Arlan Suderman, analyst with Water Street Solutions in Peoria, Illinois. “The focus […] Read more
GRAINS: U.S. wheat up 1.4 pct; weather outlook blunts corn, soy gains
U.S. wheat futures rose for the fourth day in a row on Wednesday with bargain buyers stepping into what traders said was a technically weak market on concerns about production in key growing areas and a pick-up in export activity. The benchmark Chicago Board of Trade September soft red winter wheat futures contract gained 1.4 […] Read more
GRAINS: Soybeans drop as U.S. weather improves; corn, wheat firm
U.S. soybean futures fell 1.4 per cent on Tuesday as forecasts for cool temperatures and rain across the Midwest bolstered harvest prospects, traders said. Corn and wheat edged higher, with corn snapping a six-session losing streak due to bargain buying and wheat rising for the third straight day as export demand heated up. But the […] Read more
GRAINS: U.S. corn futures hit lowest since oct 2010, pressured by weather
U.S. corn prices dipped to the lowest levels since October 2010 on Monday as forecasters predicted the crop in the U.S. Midwest would go through a key development phase in near-perfect weather conditions, traders said. “We have moderated the temperature significantly, eliminating most of the stress (on the crop),” said Bill Gentry, a broker with […] Read more
Northeast N. Dakota wheat outlook below average after late start – tour
U.S. spring wheat prospects in northeastern North Dakota were forecasted below average following a late planting, scouts on an annual tour found on Thursday. Scouts also noted many fields that farmers were unable to plant due to the rains this spring, although it was not possible to tell what crop farmers had intended to seed. […] Read more
Canadian Cattlemen Presents: Depth of Field
