Chicago | Reuters — U.S. soybean and corn futures surged to multi-month highs during a short-covering rally on Tuesday but trimmed their gains after the elevated prices sparked a round of selling by farmers. Soymeal futures that had jumped the most in four years on Monday, helping to fuel the rise in soybeans and corn, […] Read more
U.S. grains: Soy, corn higher but trim gains after short-covering surge
U.S. grains: Corn, soybeans jump two per cent on demand, fund buying
Chicago | Reuters — U.S. corn and soybeans surged more than two per cent on Monday, with each futures contract reversing from early losses on a short-covering rally tied to a slow harvest and strong demand for fresh supplies. The higher prices came despite favorable weather conditions for harvest in the U.S., where farmers were […] Read more
U.S. grains: Soy falls on big yields, gains for week on harvest delays
U.S. soybeans fell more than one per cent Friday, losing ground for the first time in three sessions on pressure from impressive yield results during the early days of a record harvest. Prices extended declines after a closely watched private forecaster raised its estimate for the U.S. soy harvest in a midday report. Soybeans held […] Read more
U.S. grains: Corn, soy rebound on short-covering
Chicago | Reuters — U.S. corn and soybeans edged higher on Wednesday as investors covered short positions after prices fell to multiyear lows earlier in the session, and as rains stalled record harvests in the U.S. Midwestern crop belt. Wheat futures also rose, stabilizing after reaching four-year lows last week. The gains followed the U.S. […] Read more
U.S. grains: Soy falls on big supply, set for worst quarter in six years
Chicago | Reuters –– U.S. soybeans fell one per cent on Tuesday, pressured by a record harvest, as traders shrugged off a U.S. Agriculture Department report that showed domestic supplies shrank to less than a 10-day supply at the beginning of the month. Soybean futures capped a nearly 35 per cent quarterly decline — the […] Read more
U.S. grains: Corn, soybeans rebound from multi-year lows
Chicago | Reuters — U.S. corn and soybeans edged higher on Monday, rebounding from multi-year lows reached earlier in the session as investors covered short positions ahead of a U.S. Department of Agriculture Department due on Tuesday. Wheat futures also were higher at the Chicago Board of Trade after the dollar trimmed gains against a […] Read more
U.S. grains: Corn at five-year low, soy four-year low on accelerating harvest
Chicago | Reuters — U.S. corn futures slumped to a five-year low Friday while soybeans notched a fresh four-year low amid ideal weather conditions for record harvests in the U.S. Midwestern crop belt, while new highs in the dollar made the supplies less competitive in global markets. Wheat futures were mostly lower, pressured by prospects […] Read more
U.S. grains: Soybeans, corn tumble to four-year lows on record harvests
Chicago | Reuters –– U.S. corn and soy futures fell to four-year lows on Monday, pressured by favourable weather for record harvests in the U.S. and a rising dollar that made the supplies less competitive in global markets. Chicago Board of Trade wheat futures also fell to a four-year low, but trimmed losses to end […] Read more
U.S. grains: Corn, soy fall to four-year lows ahead of record harvests
Chicago | Reuters –– U.S. corn and soybeans futures fell more than one per cent to their lowest levels in four years on Thursday in a technical selloff sparked by the looming harvest of record-large crops. Wheat futures also were mostly lower, with several contracts reaching lifetime lows for a second straight session. The dollar […] Read more
U.S. grains: Corn, soy tumble to contract lows on record U.S. yield prospects
Chicago | Reuters — U.S. corn tumbled to a four-year low while soybean futures fell one per cent on Wednesday after the government unexpectedly lifted condition ratings for the crops and analysts increased outlooks for what already were expected to be record-large harvests in the U.S. Wheat futures also declined sharply, with prices extending losses […] Read more
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