(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat adds two per cent gain to weather-related rally

Reuters — Chicago wheat futures climbed two per cent on Monday, extending last week’s rally on worries over potentially lower crop yields in the U.S. Plains. Wheat’s gains helped pull corn and soybeans close to the multi-week highs they touched on Friday. Weather concerns encouraged investors to cover short positions, said Mark Schultz, chief analyst […] Read more






(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Wheat, soybeans sag after rally

Chicago | Reuters — U.S. wheat futures fell on Wednesday, shrugging off weakness in the dollar as investors locked in profits following two days of sharp gains, traders said. Soybean futures ended lower, too, pressured by commercial hedging after farmers booked sales on the cash market following a rally that pushed futures prices to their […] Read more



(Lisa Guenther photo)

U.S. grains: Short-covering sparks rally in wheat

Chicago | Reuters –– U.S. wheat futures rallied 3.4 per cent on Monday, bouncing off of their lowest in nearly three weeks, on a round of short-covering, traders said. “Frankly this market was struggling to go down,” Arlan Suderman, senior market analyst at Water Street Solutions, said. “When you run out of sellers because they […] Read more