U.S. grains: Corn, soybeans, wheat futures dive after USDA report

Chicago/Reuters – U.S. soybean and corn futures tumbled nearly 4 percent on Thursday after the U.S. Department of Agriculture’s yield and production forecasts for both crops came in above trade expectations. Wheat futures also fell on a larger-than-expected crop forecast for U.S. spring wheat despite drought in the northern Plains crop belt. As of 12:52 […] Read more






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U.S. grains: Soybeans fall to 1-month low as weather boosts prospects

Chicago/Reuters – U.S. soybean futures dipped to a one-month low on Thursday as beneficial rains crossed the Midwest crop belt, bolstering yield prospects for the oilseed crop, traders said. Corn followed soybeans downward, but pared losses as analysts mulled private corn yield estimates that fell below the U.S. Department of Agriculture’s (USDA) forecasts. Wheat hit […] Read more

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U.S. grains: Corn, soy firm on bargain-buying after one-month lows

Chicago/Reuters – U.S. corn and soybean futures firmed on Wednesday, rebounding from one-month lows set in both commodities a day earlier, but outlooks for improved weather for U.S. crops continued to keep prices in check. Chicago Board of Trade wheat futures fell, retreating from early advances on technical selling and easing global supply concerns. As […] Read more