Chicago | Reuters — U.S. wheat futures pulled back on Monday after approaching a six-week high on concerns about dry weather eating into harvests in some of the world’s main exporting countries. Corn futures advanced for the sixth consecutive session to reach their highest prices in three weeks, while soybeans neared a two-week high before […] Read more
Tag Archives corn futures
U.S. grains: Wheat retreats after nearing six-week peak
U.S. grains: Wheat up on technical buying, export hopes
Chicago | Reuters — U.S. wheat futures sailed to their highest prices in more than a month on Friday on technical buying and expectations for increased U.S. exports as poor crop weather hurts harvests in other countries. Corn and soybean futures each advanced for the fifth straight day. Traders focused on dry weather reducing harvest […] Read more
U.S. grains: Markets rise on corn export demand, crop worries
Chicago | Reuters — U.S. grain futures rose on Thursday on strong demand for corn and worries that harvests may be smaller than expected due to unfavourable global weather. Soybean futures shook off early losses to end higher despite concerns about the ongoing trade battle with China, the world’s top buyer of the oilseed. Last […] Read more
CBOT weekly outlook: Soy and corn recover, but too early to call a bottom
CNS Canada — Soybean and corn futures at the Chicago Board of Trade recovered off of contract lows over the past week, but it’s still too early to say either commodity has found a bottom. “I’m looking for baby steps to confirm the bottom, and I haven’t seen anything of substance yet,” said Preston Zacharias, […] Read more
U.S. grains: Markets set one-week highs on export hopes, weather woes
Chicago | Reuters — U.S. grain and soybean futures touched their highest prices in about a week on Wednesday, as agricultural markets stabilized following recent drops to contract lows. Hopes for increased U.S. commodity export demand helped support soy prices after the market fell to a 10-year low on Monday amid widespread concerns about the […] Read more
U.S. grains: Soy, corn rise on decline in crop conditions
Chicago | Reuters — U.S. soybean and corn futures rose on Tuesday as lower-than-expected crop ratings and increased hopes for a resolution to the U.S.-China trade battle helped to extend a recovery from sharp losses last week. The markets advanced after the U.S. Department of Agriculture said on Monday that 69 per cent of the […] Read more
U.S. grains: Soy rises from 10-year low set on trade war
Chicago | Reuters — U.S. soybean futures jumped on Monday after dropping to their lowest prices in a decade earlier in the session, as the U.S.-China trade dispute looms over agricultural markets. Technical buying helped soybeans to recover after the most-active contract lost more than five per cent last week, traders said. The trade dispute […] Read more
U.S. grains: Soy sinks to new lows as trade war seen swelling supply
Chicago | Reuters — U.S. soybean futures slid to fresh lows on Friday and the most-active contract closed at the lowest in nearly a decade after a government report reinforced concerns that the trade dispute with China will dent exports and lead to a build-up in stocks. Corn futures followed soybeans lower, with additional pressure […] Read more
U.S. grains: Soybeans bounce after hitting new lows on trade war fears
Chicago | Reuters — U.S. soybean futures fell to contract lows on Thursday after the U.S. Department of Agriculture said a trade war with China would curb exports and swell supplies, but the market clawed back those losses late in the session in a short-covering bounce. Corn rallied from earlier contract lows as USDA, in […] Read more
U.S. grains: Soybeans end near decade low as trade war deepens
Chicago | Reuters — U.S. soybean futures dropped to contract lows on Wednesday and the most active contract closed at the lowest in nearly 10 years as an escalating trade war with China stoked worries about long-term export demand from the world’s top importer of the oilseed. Favourable crop weather in the U.S. Midwest weighed […] Read more
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