U.S. grains: Soybeans, wheat, corn bounce after steep losses

U.S. grains: Soybeans, wheat, corn bounce after steep losses

Winnipeg/Reuters – Chicago soybean, wheat and corn futures bounced on Tuesday, rising on bargain-buying and short-covering after setting recent lows. Nearby soybeans fell for three straight sessions through Monday, shedding nearly 6 percent as weather improved for crop development across the U.S. Midwest. “We’ve just plain hit (soybeans) hard for the last week or so and […] Read more



U.S. grains: Corn posts biggest weekly loss in a year; soy, wheat also sag

Chicago/Reuters – U.S. corn futures posted their biggest weekly decline in a year on improving prospects in the Midwest during the crop’s key growth phase, raising expectations for a bumper harvest. Soybean and wheat futures also fell on chart-based selling and spillover pressure from outside commodity markets, including metals and crude oil. “It’s now making […] Read more

U.S. grains: U.S. soy falls on improving crop prospects; corn, wheat firm

Chicago/Reuters – U.S. soybean futures fell on Thursday as improving weather in major Midwest growing areas increased expectations of ample production, traders said. Wheat futures firmed on a round of bargain buying and technical support, snapping a seven session losing streak for the front-month contract. Corn also edged higher, with the gains in wheat sparking […] Read more









(Dave Bedard photo)

ICE weekly outlook: Canola faces resistance

CNS Canada — ICE Futures Canada canola contracts traded within a wide range during the week ended Wednesday, but settled mixed as the market reacted to conflicting outside factors. While the nearby bias has shifted lower in the most active months, ongoing production uncertainty in Western Canada should remain supportive in the long run, according […] Read more