U.S. grains: Soy, corn rally on smaller-than-expected stockpiles

U.S. grains: Soy, corn rally on smaller-than-expected stockpiles

Chicago | Reuters — China bought more U.S. soybeans on Monday as the U.S. Department of Agriculture reported crop stockpiles were smaller than traders expected, sending futures prices to nine-week highs. Corn futures set an eight-week high after the USDA report also showed tighter-than-expected inventories of the yellow grain. Farmers welcomed the rallies after crop […] Read more

CBOT December 2019 corn, with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soybean futures ease

Chicago | Reuters –– Chicago Board of Trade (CBOT) corn and soybean futures closed lower on Friday, as weather forecasts showed fewer yield risks to Midwest crops ahead of harvesting, as traders jockeyed for positioning ahead of a U.S. grain stocks report slated for Monday, traders said. Meanwhile, CBOT wheat futures extended a technical bounce […] Read more


CBOT November 2019 soybeans with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. grains: Soy futures end near unchanged

Chicago | Reuters — U.S. soybean futures finished near unchanged on Thursday after initially rising on hopes for further Chinese purchases, traders said. China, the world’s largest soybean importer, will buy about six million tonnes of soy from the United States before trade talks in early October, said a chief analyst at Shanghai JC Intelligence […] Read more

CBOT November 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans slip on weather, Chinese buying concerns

Chicago | Reuters — Chicago soybean futures fell on Wednesday as investors worried U.S.-China trade relations could escalate and as thoughts of frost impacting U.S. Midwest yields began to ease, traders said. Soybean futures faced pressure after President Donald Trump criticized Chinese policy in his address at the United Nations on Tuesday, reviving worries that […] Read more



MGEX December 2019 spring wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Minneapolis, K.C. wheat futures rise

Chicago | Reuters — U.S. soybean futures rose on Monday, rebounding from a sharp drop on Friday, on fresh export deals with China and rising concerns that rains in the U.S. Midwest could lower crop quality just ahead of harvest, traders said. The adverse weather also supported corn futures while wheat futures were mixed. The […] Read more



CBOT November 2019 soybeans with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. grains: Soybeans down on China trade pessimism

Chicago | Reuters — U.S. soybean futures fell more than one per cent on Friday to the lowest in a week on rising doubts about a breakthrough in U.S.-China trade talks and forecasts for favourable crop weather across the U.S. Midwest. Corn and wheat also declined, following soybeans, although both grains closed with modest weekly […] Read more