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

U.S. grains: Soybeans set eight-month low

Chicago | Reuters — U.S. soybean futures fell for an eighth consecutive session on Thursday and hit an eight-month low as the rising toll from the coronavirus outbreak in China added to concerns about Chinese demand for American crops. Wheat also eased and set a three-week low on the Chicago Board of Trade as the […] Read more



CBOT March 2020 wheat with Bollinger (20,2) bands and 30-day moving average (in purple). (Barchart)

U.S. grains: Wheat, corn, soybeans drop

Chicago | Reuters — U.S. wheat futures fell 1.4 per cent on Wednesday on a round of follow-through selling after Tuesday’s technical setback, traders said. The weakness in wheat spilled over to the corn market, which also faced some profit-taking after a higher opening during the overnight trading session. Soybean futures fell for the seventh […] Read more







(File photo by Dave Bedard)

Large funds back on short side in soybeans

MarketsFarm — Large fund traders have moved back to the short side in soybeans while only making small adjustments in canola, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 20,366 contracts on […] Read more