CBOT July 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Export hopes push soy, corn, wheat futures higher

Chicago | Reuters — U.S. soybean, corn and wheat futures rose on Thursday as recent declines spurred demand for imports of all three commodities, traders said. Bargain-buying and short-covering contributed to the bullish tone following a sharp sell-off across the commodities market as the coronavirus pandemic roiled demand. “None of the major commodities have a […] Read more

CBOT July 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn gains on short-covering

Soy firms on export deal

Chicago | Reuters — U.S. corn futures rose 2.4 per cent on Wednesday as traders unwound bearish bets following the market’s decline to its lowest since September 2009 on Tuesday, traders said. “Corn got down to the lowest prices yesterday we have seen in many years, and we have a short-covering bounce,” said Greg Grow, […] Read more


CBOT May 2020 corn (candlesticks) with 20-, 50- and 100-day moving averages, and NYMEX May 2020 WTI crude oil (purple line). (Barchart)

U.S. grains: Corn hits lowest since September 2009

Soybeans firm on bargain buying; wheat mixed

Chicago | Reuters — U.S. corn futures fell 1.4 per cent on Tuesday to a fresh 10-1/2-year low as crumbling demand for fuel due to the global coronavirus pandemic threatened the ethanol sector. “They are taking their cue from energy,” said Mark Schultz, chief market analyst at Northstar Commodity. “It is a pretty tough business […] Read more

CBOT May 2020 corn (candlesticks) and NYMEX May 2020 WTI crude oil (blue line). (Barchart)

U.S. grains: Corn sinks to lowest since 2009 as crude oil turns negative

Russian export curbs support CBOT wheat

Chicago | Reuters — Chicago Board of Trade corn futures sagged 2.6 per cent to its lowest since September 2019, with a plunging crude oil market slashing demand for ethanol, traders said. Soybean futures also were lower, hitting a one-month low on pressure from cratering demand for energy amid the coronavirus pandemic. “Anything that had […] Read more



CBOT May 2020 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Chicago wheat stabilizes

Corn steady after lows; soybeans continue to slip

Chicago | Reuters — Chicago wheat futures rose on Friday, as traders wrestled with conflicting signals — from concerns over export demand of U.S. crops to the potential of weather risks. Corn futures edged higher on bargain shopping, consolidating above a 3-1/2 year low this week, while soybeans fell slightly, traders said. The modest gains […] Read more


CBOT May 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat slumps after Egypt again passes on U.S. product

Soybeans slip on low exports, livestock feed worries

Chicago | Reuters — U.S. wheat futures retreated on Thursday as worries over favourable weather dissipated and demand concerns resurfaced after top importer Egypt passed on U.S. wheat in a purchasing tender for a second straight day. Soybean futures sagged on weaker-than-expected export sales and worries of diminished livestock feed demand, while corn firmed after […] Read more

CBOT May 2020 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn futures set 3-1/2 year low as ethanol output tumbles

Soy futures consolidate after 3-1/2 week low

Chicago | Reuters — U.S. corn futures dropped to their lowest level in about 3-1/2 years on Wednesday as weekly ethanol output set a record low, reflecting weak demand for the crop during the coronavirus outbreak. Soybean and wheat futures also fell at the Chicago Board of Trade. Demand for corn-based ethanol has suffered as […] Read more