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Tag Archives Plains

Crops, Markets, Reuters

U.S. grains: Soybeans gain on China demand

Improved U.S. rating lifts expectations for bumper corn crop; wheat up on pre-report positioning

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Chicago | Reuters — Chicago soybean futures gained on Wednesday, supported by solid demand from the world’s biggest importer, China, while corn edged lower on strong crop conditions. Wheat inched higher after falling for three consecutive sessions, but advances remained capped by a progressing winter wheat harvest in the U.S. southern Plains. Traders positioned ahead […] Read more
Crops, Markets, Reuters

U.S. grains: Soybeans fall in technical correction

Corn strengthens on ethanol revival; wheat slips as harvest mounts

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Chicago | Reuters — Chicago soybean futures closed lower on Monday on technical selling, after reaching a two-month high, following a week of strong export sales. Corn gained as higher oil prices boosted hopes for ethanol demand and concerns loomed over mounting dryness in parts of the Midwest. Wheat slipped as harvests in Texas and […] Read more
Crops, Markets, Reuters

U.S. grains: Corn, soybeans slide on China tensions

Midwest weather poses risks for wheat

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Chicago | Reuters — U.S. corn and soybean futures fell on Friday as escalating U.S.-China tensions over Beijing’s proposed restrictions on Hong Kong dampened markets after a week of gains. Three sources told Reuters China may reduce U.S. agricultural imports if Washington issues a severe response to Beijing’s push to impose national security laws on […] Read more
Crops, Markets, Reuters, Weather

U.S. grains: Corn, wheat up as weather, currency spark short-covering

Hong Kong row tempers hopes of China demand for U.S. soy

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Chicago | Reuters — U.S. corn futures jumped on Thursday to a five-week high as a weaker dollar, forecasts for hotter, drier weather in the Midwest corn belt and a further rebound in ethanol production triggered bargain buying and short-covering by managed funds. Wheat futures also rallied on expanding dryness across the Plains wheat belt […] Read more
Crops, Markets, Reuters

U.S. grains: Soybeans, corn end lower as demand flags

Wheat pressured by improved Northern Hemisphere weather

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Chicago | Reuters — U.S. soybean futures settled lower on Wednesday, as continued weak demand due to the coronavirus epidemic and renewed U.S.-China trade tensions offset support from a flurry of commodity purchases by top importer China. Corn also slipped, following a pullback in crude oil, while wheat eased as beneficial rain for Northern Hemisphere […] Read more
Crops, Markets, Reuters

U.S. grains: Soybeans up on export demand, month-end position-squaring

Strong weekly U.S. export sales data also supports corn, wheat

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Chicago | Reuters — U.S. soybean futures rose more than two per cent on Thursday, the biggest single-day advance in a month, on strong weekly export sales and news of fresh demand from top global soy buyer China, analysts said. Corn futures firmed for a second day on strong export sales and signs the worst […] Read more

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