Tom Polansek

Chicago | Reuters –– U.S. corn and soybean futures tumbled to four-year lows on Thursday as the U.S. government raised its forecasts for record-large harvests above analysts’ estimates. Projections for the biggest global grain crop ever added pressure to prices, knocking nearby wheat futures below $5 a bushel for the first time since 2010 (all […] Read more

Chicago | Reuters — New-crop U.S. soybean futures hit a new contract low on Wednesday and corn matched its contract low ahead of the release of U.S. crop reports that are expected to show a rise in the government’s harvest projections. Wheat also notched a contract low, weighed down by plentiful global supplies. Prices for […] Read more

Chicago | Reuters –– Nearby U.S. soybean futures rose after sinking to a four-year low on Wednesday, while corn approached a four-year low set earlier this week on limited demand for old-crop supplies ahead of massive U.S. harvests. New-crop soybean futures traded near a contract low reached on Tuesday as favourable weather fuelled expectations for […] Read more

Chicago | Reuters — U.S. grain futures edged higher on Thursday in a rebound from losses the previous session, with solid export sales helping to support the recovery. Soybeans settled mixed, after the new-crop contract matched a contract low set on Wednesday on expectations of bumper U.S. harvests. Expectations for massive U.S. crops continued to […] Read more

Chicago | Reuters — New-crop U.S. soybean futures touched a new contract low on Wednesday and corn slid as a closely watched crop tour projected hefty U.S. yields in key states and forecasts for rain fuelled massive harvest expectations. Wheat retreated from gains on Tuesday as concerns eased about the risk of reduced supplies from […] Read more

Chicago | Reuters — U.S. wheat futures advanced on Tuesday on concerns about reduced supplies from Ukraine, a major exporter, while new-crop soybeans slipped as a widely watched crop tour projected bumper U.S. harvests. Traders focused on Ukraine, expected to be the world’s second-largest grain exporter in the 2014-15 marketing year, as a spokesman for […] Read more

Chicago | Reuters — U.S. wheat futures slid on Monday, giving back some of the strong gains made in the previous two sessions as fears of potential supply disruptions from the Black Sea region eased. New-crop corn futures dropped as a private U.S. crop tour reported large yield potential, while soybeans inched higher. Tensions between […] Read more

Chicago | Reuters — The U.S. transportation network is inadequate to cope with bumper crops due to be harvested this season, creating a critical role for storage operations, the head of CHS Inc., a leading agricultural co-operative, said Friday. Farmers, who had already struggled with a tight supply of railcars delivering fertilizer this spring, will […] Read more