Chicago | Reuters — Chicago soybean futures tumbled on Wednesday, pressured by technical selling and outlooks for record-large U.S. plantings this year, traders and analysts said. Chicago Board of Trade May soybean futures dropped 16-1/2 cents, or 1.7 per cent, to $10.32-1/4 per bushel (all figures US$). Prices accelerated declines at late-morning after advisory service […] Read more
U.S. grains: Soy tumbles on acreage outlook
U.S. grains: Corn hits seven-month high on exports
Chicago | Reuters — U.S. corn futures climbed to a seven-month high on Tuesday, buoyed by robust export demand amid drought conditions in No. 3 global shipper Argentina, traders said. Soybeans also rose as rains forecast this week in Argentina were likely to provide only limited relief for soy and corn plants damaged by months […] Read more
U.S. grains: Wheat, corn, soy turn higher on technical buying
Chicago | Reuters — U.S. grain and soy futures notched modest gains on Monday, with prices turning higher on technical buying after earlier lows, traders said. Chicago Board of Trade soybean futures recovered from a three-week low and CBOT wheat from a 1-1/2 week low. CBOT May soybeans settled up 1-3/4 cents at $10.41 per […] Read more
U.S. grains: Wheat, soy drop in technical sell-off
Chicago | Reuters — Chicago wheat and soybean futures fell sharply on Friday in a technical sell-off following U.S. government data on Thursday that raised the outlook for end-of-season stockpiles of the crops, traders said. Wheat declined to a 1-1/2-week low and soy dropped 2.5 per cent, while corn futures were down about 0.7 per […] Read more
U.S. grains: Corn at seven-month high on smaller stockpiles
Chicago | Reuters — U.S. corn futures jumped 1.6 per cent to a seven-month high on Thursday after the U.S. Department of Agriculture showed smaller-than-expected stockpiles in the wake of increased exports and demand for ethanol, traders said. Corn prices on a continuous chart notched their biggest daily gains since December, dragging wheat futures higher. […] Read more
U.S. grains: Wheat, soy tick lower ahead of USDA report
Chicago | Reuters — Chicago wheat, corn and soybean futures were lower on Wednesday as investors squared up their positions ahead of a monthly U.S. Department of Agriculture report due on Thursday, traders said. Prices for each crop have cooled from last week’s multimonth highs amid dry growing conditions for U.S. wheat and Argentine corn […] Read more
U.S. grains: Wheat eases on stable crop conditions after price surge
Chicago | Reuters — U.S. winter wheat futures fell on Tuesday as crop conditions stabilized in the dry Plains growing region and buying interest waned following a surge that brought prices to an eight-week high last week, traders said. Chicago Board of Trade May wheat futures eased 2-1/4 cents to $5.07 per bushel, trimming declines […] Read more
U.S. grains: Wheat, soybeans firm
Chicago | Reuters — U.S. grain and soy futures edged higher on Monday, with some wheat contracts rising more than one per cent as weather forecasts showed little rain relief for dry wheat crops in the Plains or drought-affected grain belts in major exporter Argentina. Global benchmark Chicago Board of Trade May wheat was up […] Read more
U.S. grains: Wheat hits seven-month high on crop ratings
Chicago | Reuters — U.S. wheat prices rose to roughly seven-month highs on Tuesday as low crop ratings and limited chances of rain in drought-hit parts of the Plains growing region kept attention on the risk of yield losses. The gains were fueled by U.S. Department of Agriculture data released late on Monday that rated […] Read more
U.S. livestock: Live cattle drop on technical selling
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures declined for the fourth straight session on Friday, easing on technical selling and bets that cattle prices have likely reached a short-term peak, traders and analysts said. Feeder cattle and lean hog futures were slightly higher, with feeders rebounding from a two-week low. Most-active CME […] Read more
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