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Crops, Markets, Reuters

U.S. grains: Wheat, soy, corn futures up on export prospects

Wheat markets also focused on weather

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Chicago | Reuters — U.S. wheat, soybean and corn futures rose on Friday, with strong export demand continuing to push prices higher, traders said. Wheat notched the biggest gains, pushing back toward a six-year high on concerns about drought in major production belts, coupled with a flurry of overseas tenders illustrating the robust global demand. […] Read more
Crops

Southwestern Ontario elevator to handle Scoular grain

Martin Farming to take grain at new elevator

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Scoular Co. has set up a new delivery point for southwestern Ontario growers from whom it buys grain. The Omaha-based, privately-held grain firm announced Thursday it has made a deal with Martin Farming — which operates at Paris, just northwest of Brantford — that will direct grain to Martin’s new 22,000-tonne-capacity elevator. The agreement “allows […] Read more
Crops, Markets, Reuters

U.S. grains: Soy futures firm to highest since 2016

CBOT corn hits 14-1/2-month high; wheat 'was down all day'

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Chicago | Reuters — Chicago Board of Trade soybean futures firmed on Thursday, hitting their highest in more than four years, with traders citing gains in the cash market and strong export demand for U.S. supplies as supportive factors. A fast export pace also underpinned the corn market while wheat futures eased on technical selling […] Read more
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy rise on export hopes

Wheat futures dip on profit taking

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Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Wednesday, as concerns about dry conditions in key global production areas of South America boosted export prospects for both U.S. commodities. Strength in the cash market also supported gains in corn and soybean futures, traders said. CBOT soft red winter wheat […] Read more
Crops, Markets, Soybeans, Weather, Winter Wheat

CBOT weekly outlook: Export demand supports wheat, soy

Lower U.S. dollar also supportive

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MarketsFarm — Strong global demand, paired with concerns of dry growing conditions in key regions, has spurred U.S. wheat prices higher. “Some countries are getting nervous with the persistent dryness in several regions, which could reduce the supply of quality global wheat,” said Terry Reilly of Futures International in Chicago. Dry growing conditions in Ukraine, […] Read more
Crops, Markets, Reuters

U.S. grains: Soybeans, corn rise on exports

CBOT December wheat extends rally

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Chicago | Reuters — U.S. corn and soybean futures rose on Tuesday on strong export demand while wheat firmed on concerns that dry weather could limit global production, traders said. Soybean futures rose one per cent, with traders shrugging off some much-needed rain in Brazil due to the strong pace of overseas buying. “The grains […] Read more

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