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Tag Archives spring wheat

(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans, corn firm on weather view

By GFM Network News July 7, 2017
Chicago | Reuters — Chicago Board of Trade soybean futures rallied 1.4 per cent on Friday on hotter and drier forecasts for important growing areas of the U.S. Midwest, traders said. Concerns about the forecast also supported corn futures but the market closed off session highs as profit-taking weighed on prices after their run-up to […] Read more

(Lisa Guenther photo)
Crops, Markets, Reuters

U.S. grains; Wheat, corn, soy climb; spring wheat tops US$8

By GFM Network News July 3, 2017
Chicago | Reuters — U.S. wheat, soybean and corn futures rose in an abbreviated session ahead of the Fourth of July holiday, buoyed by worries that hot and dry weather in the northern Plains spring wheat belt could spread into the western Midwest, analysts said on Friday. Spring wheat futures on the Minneapolis Grain Exchange […] Read more


(Lisa Guenther photo)
Crops, Markets, Reuters

U.S. grains: Chicago wheat above $5 on U.S., Canadian concerns

By GFM Network News June 30, 2017
Chicago | Reuters — Chicago Board of Trade wheat futures closed above US$5 a bushel on Friday for the first time in a year, buoyed by diminishing outlooks for spring wheat crops in both the U.S. and Canada, analysts said. CBOT soybean futures rose about three per cent and corn futures also followed the firming […] Read more

(MGEX.com)
Crops, Markets, Reuters, Weather

U.S. grains: Spring wheat sets three-year top on weather woes

By GFM Network News June 29, 2017
Chicago | Reuters — U.S. spring wheat futures charged to a three-year high on Thursday, fueled by fears that continued dry conditions in the northern U.S. Plains would cut supply of high-protein milling wheat. The surge in spring wheat futures on the Minneapolis Grain Exchange (MGEX) also lifted Chicago Board of Trade wheat to a […] Read more


(Allan Dawson photo)
Crops, Markets, Pasture, Reuters, Spring Wheat, Weather

U.S. Plains drought highlights spring wheat supply crunch

By GFM Network News June 29, 2017
Chicago | Reuters — Drought conditions in the northern U.S. Plains that have propelled spring wheat prices to a three-year high worsened in the past week and there are forecasts for more hot and dry weather that could crimp the harvest. As the world struggles with a glut of grain that has filled inventories to […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters, Weather

U.S. grains: Spring wheat futures top US$7 on weather worries

By GFM Network News June 28, 2017
Chicago | Reuters — U.S. spring wheat futures surged 3.4 percent on Wednesday, topping US$7 a bushel for the first time in nearly three years on worries that stressful weather will curb production of the high-quality milling wheat, analysts said. The jump in Minneapolis Grain Exchange (MGEX) spring wheat lifted Chicago Board of Trade wheat […] Read more


(MGEX.com)
Crops, Markets, Reuters, Weather

U.S. grains: Spring wheat near three-year high on dry weather

By GFM Network News June 27, 2017
Chicago | Reuters — U.S. spring wheat futures hit their highest level in nearly three years on Tuesday on forecasts for stressful weather in the northern Plains, analysts said. Corn and soybean futures also climbed after a U.S. Department of Agriculture (USDA) report said the condition of all three U.S. crops was worse than analysts […] Read more

(Thinkstock photo)
Crops, Markets, Reuters

U.S. grains: CBOT wheat falls on profit-taking

By GFM Network News June 26, 2017
Chicago | Reuters — Chicago Board of Trade wheat prices fell about two per cent on Monday, extending their slide to four sessions on profit-taking after a run-up to one-year highs last week, analysts said. Corn and soybeans rose in a light recovery bounce from multimonth lows set last week, and Minneapolis Grain Exchange spring […] Read more


(Ralph Pearce photo)
Crops, Markets, Reuters

U.S. grains: Spring wheat at 2-1/2-year high, corn at six-month low

By Michael Hirtzer, GFM Network News June 23, 2017
Chicago | Reuters –– MGEX spring wheat futures jumped to a 2-1/2-year high on Friday and Chicago Board of Trade corn futures dipped to a six-month low in technically driven trade amid an outlook for generally favourable U.S. crop weather, traders said. Soybean futures touched the lowest levels in more than a year before paring […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat climbs as traders fret over U.S., French crops

By GFM Network News June 20, 2017
Chicago | Reuters — U.S. spring wheat futures set fresh 2-1/2-year highs on Tuesday as a further decline in spring wheat condition ratings surprised traders and coincided with concern about damage to French wheat from a heat wave. But corn and soybean futures fell on improving U.S. crop weather, coupled with broad weakness in other […] Read more


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