U.S. forecasts for increasing crop inventories on Thursday drove corn and soybean futures to their lowest prices in more than three years as traders remained worried about strength of demand.
U.S. soybean crushings dropped more than expected from a record high
Markets down about 10 per cent this year, traded on lowest levels since late 2020
Wheat futures weighed by falling Russian prices
Market keeps eye on South American weather
Wheat futures higher on bargain buying, short covering
Livestock feeders well covered with U.S. corn, pressuring prices
Falling Russian prices weigh over wheat futures; U.S. poised to regain title of top corn exporter
Easing heat wave in Argentina tempers crop worries
Wheat futures rose while corn ended lower on forecasts for rain in Argentina
Strong dollar weighed heavy on wheat; corn pressured by sluggish exports