(Michael Thompson photo courtesy ARS/USDA)

U.S. grains: Wheat falls from three-week high

Chicago | Reuters — U.S. wheat futures dropped two per cent on Monday on technical selling and profit-taking after touching three-week highs last week, while traders eyed an eagerly awaited series of government reports on crops due on Tuesday. Corn and soybeans also fell, with declines in broader commodities markets amid fresh investor concerns about […] Read more

(Michael Thompson photo courtesy ARS/USDA)

U.S. wheat up with short-covering, but more downside possible

CNS Canada — U.S. wheat futures hit contract lows over the past week, before seeing a short-covering correction in recent days. However, with ample world supplies and poor export demand, the path of least resistance likely remains lower, according to market participants. The fundamentals are pretty bearish for wheat, but the market structure is looking […] Read more


(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat surges on short covering

Chicago | Reuters — U.S. grain and soybean futures firmed on Friday on technical buying and short-covering as investors squared positions before a key government crop report due to be released on Tuesday. Stabilizing global equities markets following steep losses to start the year offered underlying support to grains. Wheat futures notched the strongest gains […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. grains: Corn approaches seven-month low on poor exports, big supply

Chicago | Reuters — U.S. corn futures neared a seven-month low on Thursday on concerns about poor export demand and large world supplies. Soybean futures also traded mostly lower, while wheat futures jumped on technical buying. Corn traders focused on exports and stockpiles before the release next week of U.S. Department of Agriculture data. Analysts […] Read more



Sunset in Egypt on the Nile River south of Luxor. (CIA.gov)

Egypt’s new wheat requirement could delay supplies

Cairo/Abu Dhabi | Reuters — Egypt, the world’s largest purchaser of wheat, has imposed restrictive import requirements, an agricultural authority official told Reuters, alarming traders who threatened to boycott tenders for the politically sensitive commodity. The new requirement — for a complete absence of ergot, a common fungus found in grains — could disrupt the […] Read more