(MGEX.com)

U.S. grains: Minneapolis wheat surges on northern Plains dryness

Chicago | Reuters — U.S. spring wheat futures set a 5-1/2-month high on Friday, buoyed by expanding dryness in the northern Plains production belt, analysts said. Minneapolis Grain Exchange July spring wheat settled up five cents at $5.83-3/4 per bushel after reaching $5.90, the highest spot price since mid-January (all figures US$). The spot contract […] Read more



(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans fall on oil drop

Chicago | Reuters — U.S. soybean futures fell to a 1-1/2-month low on Thursday, pressured by a sharp drop in crude oil prices, traders said. Corn futures also weakened, with investors beating down early rally attempts due to ample global supplies and signs of poor export demand. Wheat futures were mixed, with K.C. hard red […] Read more