Chicago Board of Trade corn futures on Friday slumped to the lowest price in more than three months on expectations of increased U.S. planting this year, before rebounding on a spate of fundamental trading and bargain-buying, market analysts said.
Chicago Board of Trade soybean futures turned higher on Thursday as the U.S. dollar weakened, while corn dipped to the lowest in more than three weeks on expectations of increased planting by U.S. farmers this year.
Chicago corn futures dipped on Wednesday as traders anticipated a U.S. Department of Agriculture data release showing a significant uptick in corn acreage in 2025.
Chicago wheat futures eased on Tuesday as the United States announced it had reached agreements with Russia and Ukraine to ensure safe navigation in the Black Sea.
Chicago wheat took a dive on Monday as traders monitored ongoing talks regarding the Russian war on Ukraine and with more favorable weather expected in some wheat-growing regions globally, according to analysts.
Chicago corn and soy eased and wheat traded nearly flat on Friday as traders' concerns about the U.S. economic outlook inspired a selloff ahead of the weekend, according to analysts.
Chicago wheat futures eased for a third consecutive session on Thursday as lackluster weekly export sales data as well as strength in the dollar added to doubts over U.S. export prospects, traders said.
Chicago wheat futures fell on Wednesday as the U.S. dollar strengthened and investors assessed the outcome of a call between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy, according to analysts.
Chicago wheat futures traded both sides of unchanged on Tuesday, holding near a March high underpinned by concerns over U.S. crop conditions. Traders also awaited the outcome of a call between the leaders of the U.S. and Russia over the war in Ukraine.
Chicago wheat futures surged on Monday as wind storms in U.S. grain belts caused concerns about crop damage and traders hoped reduced Russian exports could generate more demand for U.S. supplies, according to analysts.