Tag Archives soybean futures

Chicago | Reuters — U.S. wheat futures dropped 2.5 per cent on Monday on poor export demand and lessened concerns about damage to the dormant U.S. crop, traders said. Poor export demand also weighed on soybeans. Traders added that easing worries about a truckers’ strike in Brazil slowing shipments of newly harvested supplies from that […] Read more

Chicago | Reuters — Chicago wheat futures rallied nearly three per cent on Friday after falling to three-week lows this week as another arctic blast across the U.S. winter wheat belt raised worries about the dormant crop, traders and analysts said. That spurred technical buying as Chicago wheat rose to a one-week high. “We pressed […] Read more

Chicago | Reuters — Chicago soybean futures rose on Thursday on uncertainty over Brazil’s trucker strike, which threatens to stall movement of the new harvest of the grain onto the world market, traders and analysts said. Chicago corn and wheat also ended higher, tracking the strength in soybeans. Chicago Board of Trade March soybeans ended […] Read more

Chicago | Reuters — Chicago Board of Trade soybeans retreated on Wednesday from a six-week high earlier this week, on prospects for an imminent end to the Brazilian truck drivers’ strike which had threatened exports just as the country’s massive soybean crop was entering world markets. CBOT wheat also fell as U.S. wheat remains too […] Read more

Chicago | Reuters — Chicago Board of Trade soybeans rose to a six-week high on Tuesday on the potential for increased U.S. demand as world buyers worry about supply disruptions in Brazil because of a trucker strike and rains stalling harvest, traders said. Additional support stemmed from a tight supply of soybeans at U.S. Gulf […] Read more

Chicago | Reuters –– U.S. wheat and corn futures fell to near three-week lows on Monday as a strong dollar loomed over export demand along with aggressive competition from overseas suppliers, traders said. Soybeans, which remain underpinned by a tug-of-war for nearby supplies between processors and exporters, ended mostly unchanged after bouncing from session lows. […] Read more

Chicago | Reuters — U.S. wheat futures plunged 3.3 per cent on Friday, their biggest decline in nearly two months, on more signs of poor export prospects for U.S. supplies, traders said. Corn and soybean futures also fell, weighed down by a round of end-of-week profit-taking following solid gains on Thursday. But wheat notched the […] Read more

Chicago | Reuters — U.S. soybean futures jumped to a five-week high on Thursday after the U.S. Agriculture Department projected farmers will plant fewer acres than traders expected in response to falling prices. Corn futures also advanced, while wheat finished flat to lower. USDA, in data released at its annual Agricultural Outlook conference, projected 2015-16 […] Read more