U.S. grains: Soybeans hit one-week top

Chicago | Reuters — U.S. soybean futures set a one-week high on Thursday as worries about dry weather curtailing Argentina’s harvest overshadowed bearish data in a monthly U.S. Department of Agriculture report (USDA), analysts said. Corn futures firmed on strong export demand while wheat retreated on profit-taking after multimonth highs. Chicago Board of Trade March […] Read more




CBOT weekly outlook: Corn, soy rangebound

CNS Canada –– Corn and soybean futures at the Chicago Board of Trade are expected to hold near-term ranges, as traders decide where to lay their focus amid a mix of factors. “Weather will dominate; that’s no surprise to anybody,” said Sean Lusk of Walsh Trading. That influence is likely to have a supportive effect […] Read more



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USDA reports U.S. wheat stocks biggest since 1987

Washington | Reuters –– U.S. wheat supplies ballooned to the biggest in nearly 30 years during the summer months, topping expectations, as a 12 per cent jump in production and weak demand on the export market filled storage bins, the government said Friday. The U.S. Agriculture Department also reported corn and soybean stocks as of […] Read more