U.S. soybean futures fell for the third day in a row on Thursday, dropping two per cent to their lowest level in nearly a month due to a new cancellation of an export deal with China, the world’s top buyer of the oilseed, traders said. Corn futures dropped one per cent, falling below $7 and […] Read more
U.S. soy slips as China cancels deal
U.S. corn drops on Informa’s bearish acreage view
U.S. corn futures fell 2.4 per cent on Wednesday, with the benchmark contract hitting its lowest level in more than five months after a bearish acreage outlook was released by an influential private forecaster, traders said. Soybeans dropped nearly two per cent, extending a sell-off spurred by signs that the firm export demand that has […] Read more
U.S. soybeans fall as China cancels deals
U.S. soybean futures dropped two per cent on Tuesday, their biggest daily decline in more than a month, due to China’s decision to cancel a purchase of 300,000 tonnes of U.S. supplies, traders said. Corn prices also fell, dragged lower by the weakness in soybeans and low demand from end users on the domestic and […] Read more
U.S. corn closes lower, wheat weak
U.S. corn futures fell on Monday due to waning demand from ethanol producers and exporters, traders said. Soybeans, which have provided support to the entire grain complex over the last few weeks, were mixed, with the benchmark January contract bucking the overall downward trend due to tight supplies. "Strong U.S. demand continuing into the holidays […] Read more
U.S. corn, wheat fall, but late rally pushes soy higher
U.S. corn futures fell on Tuesday amid slumping demand for U.S. exports, and wheat also weakened to extend a losing streak on technical selling. Yet soybean futures closed higher, after trading in negative territory for much of the day on improving weather in key growing areas of Brazil. The soy market reversed late in the […] Read more
U.S. soy tumbles after USDA boosts crop outlook
U.S. soybean futures plunged three per cent to their lowest level in more than four months on Friday after the government’s latest forecast of this year’s crop topped expectations, traders said. Wheat also was weak, falling 1.7 per cent, as selling on the U.S. Agriculture Department’s surprise boost to global and domestic supply snapped a […] Read more
U.S. wheat tops $9 but corn, soy weak
U.S. wheat futures rose for the fourth day in a row Thursday, rallying above US$9 a bushel to a near six-week high, as traders staked out positions ahead of a government report expected to show tightening global supplies. Soybean futures fell, pressured by declining export demand, and pulled corn prices lower, traders said. The market’s […] Read more
U.S. wheat extends rally on forecasts for tighter supplies
U.S. wheat futures rallied for the third day in a row Wednesday, jumping 1.8 per cent to their highest level in more than five weeks as concerns about production shortfalls in exporters like Argentina and Australia boosted prospects for U.S. supplies on the global market, traders said. Corn also was higher, pulled up by the […] Read more
Grains – U.S. wheat gains on worries about crop health
U.S. wheat futures rose 1.3 per cent on Tuesday, their second straight day of gains, d ue to concerns about the poor condition of the just-planted winter crop in the United States and weather trouble in major exporters Australia and Argentina. Soybean futures also rose, bouncing back from two down days that saw prices fall […] Read more
U.S. wheat ratings fall to record low due to dry weather
U.S. wheat ratings fell to 39 per cent good to excellent, the lowest ever for early November, as the health of the crop deteriorated due to dry conditions in the southern U.S. Plains. The U.S. Agriculture Department’s weekly crop progress and conditions report released on Monday afternoon also said the U.S. corn harvest was 95 […] Read more
Canadian Cattlemen Presents: Depth of Field
