A close-up of emerging corn seedlings north of London, Ont. on May 24, 2016. (Ralph Pearce photo)

U.S. grains: Corn rallies on weather worries

Chicago | Reuters –– U.S. corn futures rose 1.5 per cent on Tuesday, rallying from early weakness as updated weather forecasts raised the risk of stressful hot and dry conditions in the Midwest crop belt. Soybean futures were mixed, with favourable crop ratings pressuring deferred contracts. Wheat futures fell, dragged down by the expanding U.S. […] Read more







(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans rise on weather view

Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures rose on Tuesday, supported by concerns about a La Nina weather pattern hindering crop development in the U.S. Midwest this summer with hot temperatures and dry conditions, traders said. Wheat futures also advanced, rising for the fifth straight day amid a round of short-covering […] Read more