Chicago | Reuters — Chicago Board of Trade corn futures fell to contract lows on Friday, pressured by technical selling and abundant global grain supplies ahead of another bumper U.S. harvest, traders and analysts said. Soybean futures also eased, declining from Thursday’s two-week high as investors took profits ahead of final data from the annual […] Read more
U.S. grains: Corn hits contract lows on supply pressure
U.S. grains: Soy up on exports, biodiesel hopes
Chicago | Reuters — Chicago Board of Trade soybean futures climbed nearly one per cent on Thursday, lifted by strong export demand, gains in soyoil prices and smaller pod count findings on an annual U.S. crop tour, traders said. Corn and wheat futures rallied late in the trading session on short-covering after prices for each […] Read more
U.S. grains: Corn falls to 2017 lows on plentiful global stocks
Chicago | Reuters — U.S. corn futures sank to their lowest levels of the year on Wednesday on fund-driven technical selling and plentiful global grain supplies, analysts said. Chicago Board of Trade wheat futures rose on bargain-buying after front months fell to contract lows, while soybean futures firmed modestly. CBOT December corn settled down 4-1/4 […] Read more
U.S. grains: Wheat extends drop to fresh contract lows
Chicago | Reuters — U.S. wheat futures sank to contract lows on Tuesday, weighed down by abundant global supplies and technical selling as prices extended a fall that started in early July. Chicago Board of Trade corn futures weakened slightly to the lowest levels in about a year, following the declines in wheat, while soybean […] Read more
U.S. grains: Corn drops to nearly one-year low
Chicago | Reuters — U.S. grain prices fell about one per cent on Monday, with benchmark Chicago Board of Trade December corn sinking to a nearly one-year low, on technical selling and easing concerns that dry weather would reduce harvests. Several CBOT wheat futures contracts dropped to lifetime lows, while soybeans notched small declines. Soyoil […] Read more
U.S. grains: Wheat falls to contract lows on fund selling
Chicago | Reuters — Chicago Board of Trade wheat futures fell about one per cent to life-of-contract lows on Thursday, weighed down by investment fund short selling and abundant global supplies, traders said. Corn futures also eased but held just above Wednesday’s multimonth lows while soybean futures gained on strong Chinese demand and as rains […] Read more
U.S. grains: Corn slips to 10-month low on U.S. crop conditions
Chicago | Reuters — Chicago Board of Trade corn tumbled to a 10-month low on Tuesday and soybeans fell to a six-week low as rains boosted expectations for bumper U.S. crops, traders said. Some CBOT wheat and K.C. wheat futures dropped to life-of-contract lows on technical selling and as a stronger dollar threatened to make […] Read more
U.S. grains: Soy, spring wheat extend losses on technicals, weather
Chicago | Reuters — U.S. soybean and spring wheat futures pared losses on Monday but still closed lower as technical selling and outlooks for favourable crop weather continued to pressure prices following steep declines last week. Meanwhile, Chicago Board of Trade wheat and corn futures turned higher on a bargain-buying bounce. CBOT November soybean futures […] Read more
U.S. grains: Corn, soy extend gains on outlook for dry weather
Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose about one per cent on Wednesday, extending gains from the previous session on outlooks for mostly dry weather that likely will stress U.S. crops, traders and analysts said. Corn and soy prices came off their session highs at midday as investors adjusted […] Read more
U.S. grains: Corn, soy futures gain on weather worries
Chicago | Reuters –– Chicago Board of Trade corn futures were higher on Tuesday, lifted by concerns that hot and dry weather could reduce yields for the U.S. harvest in the wake of government data showing deteriorating crop condition ratings, traders said. Corn finished about 10 cents per bushel below its earlier peaks and prices […] Read more
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