A gaucho drives a carriage through the pampas (lowland plains), a primary farming and ranching region of Argentina. (CIA.gov)

U.S. grains: Soy, corn weaker on Argentina rains, profit-taking

Chicago | Reuters — U.S. soybean, corn and wheat futures eased on Monday, weighed down by profit-taking and expectations for more crop-friendly rainfall in Argentina. Wheat futures retraced early gains despite bitter cold temperatures in the U.S. which left dormant plants vulnerable to damage. Chicago Board of Trade soybeans notched the largest declines of the […] Read more

(Lisa Guenther photo)

U.S. grains: Soybeans rise on export deal

Chicago | Reuters — U.S. soybean futures firmed on Friday, as a fresh export deal highlighted the robust overseas demand for the oilseed and also supported by lingering concerns about dry conditions in Argentina, traders said. Wheat futures were flat, retracing losses late in the session on a round of short-covering and worries about a […] Read more



(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy firms on technicals

Chicago | Reuters — U.S. soybean futures rose on Thursday, turning higher after testing key technical support levels, traders said. Corn and wheat futures weakened on a mild round of profit-taking. Wheat, which also was pressured by a firm U.S. dollar, had risen for the previous five days while corn was coming off a four […] Read more


(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soybeans fall on Argentine rain view

Chicago | Reuters — U.S. soybean futures fell to a three-week low on Wednesday as forecasts for rain in dry areas of Argentina’s crop belt took out some of the weather premium built into the market, traders said. “Beans are seeing a little bit of pressure… amid a favourable weather forecast for Argentina,” CHS Hedging […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. grains: Corn hits five-month high

Chicago | Reuters — Chicago Board of Trade corn futures rose to a five-month high on Tuesday, with strong exports and technical buying supporting prices, traders said. Wheat futures also closed firm, their fourth straight day of gains, while soybeans eased on technical selling, traders said. CBOT wheat benefited from short-covering as investors unwound bearish […] Read more


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy falls on Argentine rain view

Chicago | Reuters — U.S. soybean futures weakened on Monday on forecasts for some much-needed rain in dry parts of Argentina’s growing areas, traders said. Wheat and corn futures closed higher, with wheat receiving support from improving export hopes for U.S. supplies, traders said. Both grains traded in negative territory before buyers stepped in to […] Read more



(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans down on profit-taking before USDA data

Chicago | Reuters — U.S. soybean futures dropped two per cent on Thursday, the steepest decline in 2-1/2 months, on profit-taking tied to lower veg oil prices and extended weather outlooks for rainfall in Argentina, traders and analysts said. U.S. President-elect Donald Trump’s nomination of Oklahoma Attorney General Scott Pruitt to run the nation’s Environmental […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat, corn sag on ample supplies

Chicago | Reuters — U.S. wheat and corn futures fell on Wednesday, pressured by plentiful world feedgrain supplies and profit-taking following light rallies a day earlier, traders said. Soybean futures ended modestly higher after a choppy session, supported by fresh export demand for U.S. soy and worries about South American crop weather. Chicago Board of […] Read more