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Spring wheat

(Lisa Guenther photo)
Crops, Markets, Reuters

U.S. grains: Wheat closes higher on short-covering

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Chicago | Reuters — U.S. wheat futures edged higher on Friday, snapping a three-day losing streak on some end-of-week short-covering, traders said. Soybean futures were mixed, with the most-active contract easing after hitting a 3-1/2-month peak overnight. Deferred contracts ended slightly higher, supported by recent gains in Brazil’s currency that raised hopes of increased export […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Wheat falls as weather improves

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Chicago | Reuters — U.S. wheat futures fell on Thursday to their lowest in nearly two weeks, turning lower after a weather forecast predicted that temperatures in the U.S. Plains will not be as cold as previously thought, traders said. Soybeans closed firmer, supported by weakness in the dollar that investors hoped would spur export […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat falls on poor exports

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Chicago | Reuters — Chicago Board of Trade wheat futures fell for the second straight day on Wednesday on pressure from light export demand and some easing concerns about weather damage to the developing U.S. crop, traders said. Corn futures eased on some mild technical sales while soybeans closed in positive territory, turning higher late […] Read more
(Michael Thompson photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Weather woes support wheat

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Chicago | Reuters — U.S. corn futures rose to a three-week high on Monday, their eighth day of gains over nine sessions, supported by a round of short covering, traders said. Chicago Board of Trade soft red winter wheat futures hit their highest since Feb. 4 on concerns that dry weather in the U.S. Plains […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans set 2016 high on short-covering, export demand

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Chicago | Reuters — Short-covering and hopes for improved export demand lifted U.S. soybean futures to three-month highs on Friday, marking the longest rally for the market’s most active contract in four years. Corn futures touched a two-week high on technical buying and export demand, capping the grain’s biggest weekly advance since December, while wheat […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy, wheat extend winning streak

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Washington | Reuters — U.S. soybean and wheat futures rose on Wednesday, the sixth straight higher close for both commodities, as technical buying and short-covering pulled prices higher after they drifted into negative territory, traders said. Corn futures closed mostly lower, weighed down by an ample supply base and some technical sales after the benchmark […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters, Weather

U.S. grains: Weather fears, short-covering lift prices

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Chicago | Reuters — U.S. grain futures edged higher Tuesday on concerns that unfavourable crop weather could threaten domestic production, as markets temporarily shook off the weight of massive global inventories. Technical buying and short covering ahead of a monthly U.S. Department of Agriculture report on Wednesday helped fuel the gains, traders said. Wheat traders […] Read more

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