(Lisa Guenther photo)

U.S. grains: Soybeans drop to near six-year low on rains

Chicago | Reuters –– U.S. soybean futures fell to multi-year lows on Wednesday in a broad-based commodities selloff and as widespread rains in the U.S. Midwest were expected to boost yields. Wheat hit lows for several contract months, pressured by sluggish demand and hefty global supplies, but ended above session lows. Corn, however, notched modest […] Read more










(USDA.gov via Flickr)

USDA sees bumper corn, soy crops despite floods

Washington | Reuters –– U.S. corn and soybean harvests were pegged above expectations this year as strong yields in areas west of the Mississippi River will make up for problems caused by excessive rains in eastern production states, the government said Wednesday. The U.S. Department of Agriculture forecast the 2015-16 soybean harvest at 3.916 billion […] Read more