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Tag Archives cbot

Canola, Crops, Markets

Canola fund short position smallest in six months

Net long up sharply in CBOT soybeans

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MarketsFarm — The managed money net short position in canola tightened to its smallest level in nearly six months in the commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 29,869 (9,349 long/39,218 short), a decrease of […] Read more
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy down as weather favours yield prospects

Trade monitoring Northern Hemisphere wheat crops

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Chicago | Reuters — U.S. corn futures fell more than two per cent on Monday, nearing a two-week low as Midwest weather forecasts turned milder for the crop’s key growth phase this month, raising the potential for a large harvest, analysts said. The rosy weather outlook also pushed soybean futures lower, and wheat followed the […] Read more
Crops, Markets, Reuters

U.S. grains: Corn, soybeans drop on favourable weather

Chicago wheat jumps

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Chicago | Reuters — U.S. corn and soybean futures prices fell on Friday on expectations for beneficial rains in crop-growing areas and as President Donald Trump said the country’s relationship with trading partner China was severely damaged. A monthly U.S. Department of Agriculture (USDA) report pegged America’s harvests below analysts’ expectations, although the estimates were […] Read more
Crops, Markets, Reuters, Weather

U.S. grains: Wheat futures top two-month high on global harvest worries

Corn, soybeans firm as U.S. weather looks hotter, drier

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Chicago | Reuters — Chicago Board of Trade wheat futures on Thursday leapt to their highest prices in more than two months as the latest crop estimates in major exporting countries like Argentina, France and Russia raised questions about global supply. Corn and soybean futures also strengthened, as weather forecasts predicted more heat and dryness […] Read more
Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Trade looks to weather for support

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MarketsFarm — Commodities on the Chicago Board of Trade have been supported by dry growing conditions in key regions of the United States, but remain largely rangebound. “It’s been hot and dry, but it’s tough to pin your hopes on a bull market because sooner or later it will rain,” said Scott Capinegro of Barrington […] Read more
Crops, Markets, Reuters

U.S. grains: CBOT wheat hits one-month high

Global wheat production estimates shrink; U.S. crop report due out Friday

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Chicago | Reuters — U.S. wheat futures jumped on Wednesday on concerns about shrinking crop production estimates in countries from France and Russia to Argentina, traders said. Prices approached a one-month high at the Chicago Board of Trade as adverse weather and lower-than-expected plantings have reduced expectations for harvests in major exporters. The neighbouring corn […] Read more
Crops, Markets, Reuters

U.S. grains: Corn, soy slip on less-threatening weather

CBOT wheat futures rise

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Chicago | Reuters — U.S. corn and soybean futures eased on Tuesday as weather forecasts looked less threatening to America’s crops than they had a day earlier, analysts said. Traders took profits after soybean futures reached a four-month high on Monday on concerns that hot, dry conditions could threaten crop yields in the U.S. Midwest. […] Read more
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans hit four-month high on hot, dry weather

CBOT corn futures near 3-1/2-month peak

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Chicago | Reuters — U.S. corn and soybean futures rose on Monday as expectations for unfavourably hot, dry weather increased concerns over the crops, after the federal government said last week that U.S. farmers planted fewer acres than expected. Soybeans touched a four-month high and corn traded near last week’s 3-1/2-month peak as the markets […] Read more
Crops, Markets, Reuters

U.S. grains: Corn pauses after fund buying spree, watches weather

Soybeans touch new three-month top, wheat eases after rally

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Chicago | Reuters — Chicago corn futures trimmed from a near 3-1/2 month high on Thursday, following strong gains after the U.S. government reported farmers had planted fewer than expect corn acres. The corn market remained on pace for the strongest gain in a year, as investors watched weather reports. Corn across much of the […] Read more
Crops, Markets, Reuters, Weather

U.S. grains: Corn continues upward on USDA acreage data, weather worries

Wheat, soy also firm on lower-than-expected USDA acreage; traders eye forecasts for warm, dry Midwest weather

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Chicago | Reuters — U.S. corn futures extended a rally on Wednesday to their highest in more than three months after a steeper-than-expected reduction to the U.S. government’s 2020 corn acreage estimate, analysts said. Soybeans and wheat gained after the U.S. Department of Agriculture’s acreage report on Tuesday also showed smaller-than-expected plantings of the grains. […] Read more

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