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Crops, Markets, Reuters

U.S. grains: Corn, soy hit 6-1/2-year highs on Argentine corn export restriction, dry weather

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Chicago | Reuters – U.S. corn futures extended gains on Thursday and hit their highest level in 6-1/2 years after major supplier Argentina said it would curb exports and as dry weather threatened harvests in South America. Soybeans also scaled a fresh 6-1/2-year peak on South American weather worries and tightening global supplies, while wheat […] Read more
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Crops, Markets, Reuters

U.S. grains: Soybeans hold near 6-1/2-year peak as Argentina strike ends, dry weather remains

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Chicago | Reuters – U.S. soybean futures held near a 6-1/2 year high on Wednesday as investors shifted their focus from a now-resolved labor strike in Argentina that had pushed up prices to continued dry weather in South America that threatened the upcoming harvest. Chicago Board of Trade (CBOT) wheat soared to a six-year peak […] Read more
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Crops, Markets, Reuters

U.S. grains: Soybeans rally as earlier slide leads to new buying

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Chicago | Reuters – Chicago soybean futures soared to new highs on Tuesday as traders shrugged off short-term pressure from promising labor negotiations in Argentina. Corn followed soybeans higher on export optimism, while wheat rose after two days of losses. Despite starting the day trending lower, the most-active soybean contract on the Chicago Board of […] Read more
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Crops, Markets, Reuters

U.S. grains: Soybeans add new highs on Argentine supply disruptions

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Chicago | Reuters – Chicago soybeans climbed for a sixth consecutive day as a labor strike in Argentina stalls through the Christmas holiday, curbing global supply. Corn rose for a 10th consecutive session, supported by prolonged South American dryness that could hurt harvest prospects. Wheat slipped on holiday profit-taking, but held near two-month highs. The […] Read more
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Crops, Markets, Reuters

U.S. grains: Soybeans gain as South American supply falters

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Chicago | Reuters – Chicago soybeans continued to rally on Wednesday as an Argentine labor strike slowed exports, even as rain moving into the country relieved some concern over drought. Wheat and corn followed soybeans, supported by Argentina’s export woes and concerns over prolonged dryness for developing South American crops. The most active soybean futures […] Read more
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Crops, Markets, Reuters

U.S. grains: Soybeans end higher for direction amid Argentine supply woes

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Chicago | Reuters – U.S. soybean futures ended higher on Tuesday after trading both sides of even as the markets weighed South American rainfall against the ongoing labor strike disrupting Argentine exports, while traders took profits ahead of the U.S. holiday break. U.S. wheat futures also benefited from the cargo backups in Argentina, and corn […] Read more
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Crops, Markets, Reuters

U.S. grains: Soybeans end mixed on South America rains, strong U.S. exports

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Chicago | Reuters – U.S. soybean futures were mixed on Monday as continued strong U.S. exports fuelled concern over tightening supplies, although crop-boosting rains in South America over the weekend lessened some of the concern. Corn was firmer on solid global demand for the grain. Wheat futures followed, lifted by technical buying and short covering […] Read more
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Crops, Markets, Reuters

U.S. grains: Corn ends nearly flat as crop prospects offset big sales to China

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Chicago | Reuters – U.S. corn futures closed fractionally higher on Thursday but held just above one-month lows, as benign crop weather and expectations of a large harvest offset news of massive U.S. corn sales to China, analysts said. Soybean futures ended firmer higher while wheat futures drifted lower. Chicago Board of Trade December corn […] Read more
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Crops, Markets, Reuters

U.S. grains: Corn falls to one-month low as mild U.S. weather favours crops

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Chicago | Reuters – U.S. corn futures fell for a fourth straight session on Wednesday, touching their lowest level in a month as mild weather in most of the Midwest favored prospects for a large harvest, analysts said. Soybeans also fell on beneficial weather outlooks. But wheat futures rose on short-covering and optimism about export […] Read more

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