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CBOT soybeans recover after dismal USDA data

CNS Canada – The latest United States Department of Agriculture (USDA) reports surprised traders leading to an immediate sell-off for Chicago Board of Trade (CBOT) soybean contracts. “It’s a pretty interesting report to tell you the truth, but really the focus has been on the beans,” said Jack Scoville of Price Futures Group in Chicago, […] Read more


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U.S. grains: Corn ends higher as USDA tightens domestic stocks forecast

Chicago | Reuters – U.S. corn futures closed modestly higher on Thursday after the U.S. Department of Agriculture (USDA) lowered its estimates of corn yield, production and ending stocks more than most analysts expected, traders said. Soybean futures fell after the USDA slashed its U.S. soy export forecast, but pared losses toward the close. Wheat […] Read more



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U.S. grains: Wheat firms as crop ratings decline; soy, corn sag a bit

Chicago | Reuters – U.S. wheat futures touched a one-week high on Tuesday on light short-covering and worries about declining U.S. crop condition ratings, analysts said. Corn futures ended down after a choppy session and soybeans drifted lower as traders awaited direction from the outcome of U.S. congressional elections and monthly U.S. supply/demand reports due […] Read more