Hard white winter wheat growing in North Carolina in 2010. (Dave Marshall photo courtesy ARS/USDA)

U.S. grains: Wheat drops to near one-week low as crop progresses

Reuters — Chicago wheat fell on Wednesday to a nearly one-week low, pressured by a U.S. Department of Agriculture report that revealed U.S. wheat was progressing faster than expected. Corn rose to its highest in almost a week, following technical indicators. Soybeans gained on bargain-buying. The Chicago Board of Trade’s most-active May wheat contract fell […] Read more



(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soybeans retreat from August peak

Chicago | Reuters — U.S. soybean futures slumped on Monday as traders took profits after prices reached their highest point since August on technical buying and last week’s government forecast for lower-than-expected plantings. Corn prices ended mixed as traders digested the U.S. Department of Agriculture’s (USDA) estimate for much larger-than-expected U.S. plantings of the yellow […] Read more




(Dave Clark photo courtesy ARS/USDA)

U.S. grains: Corn tumbles four per cent on acreage forecast shock

Chicago | Reuters — U.S. corn futures plunged more than four per cent on Thursday in the market’s steepest drop since mid-August after the U.S. Agriculture Department forecast 2016 planted acreage well above trade expectations. Soybeans firmed on USDA’s lower-than-expected soybean acreage and quarterly stocks estimates, although gains were limited by spillover pressure from corn. […] Read more