(Lisa Guenther photo)

CBOT weekly outlook: Favourable weather drops corn, soy prices

CNS Canada — Corn and soybean futures at the Chicago Board of Trade recorded losses during the week ended Wednesday, feeling pressure from favourable weather. Further declines are likely given the nearby forecasts, according to an analyst. “It’s all about the weather right now,” said Terry Reilly of Futures International in Chicago. “Over the weekend […] Read more







(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat, corn fall sharply

Chicago | Reuters — U.S. wheat futures fell on Wednesday, extending their decline under pressure from the ongoing harvest of a bountiful crop in the Plains and the Midwest which threatens to add to a glut of supplies that is largely being shunned by overseas buyers. Corn futures also dropped, pressured by forecasts for rain […] Read more