Chicago wheat took a dive on Monday as traders monitored ongoing talks regarding the Russian war on Ukraine and with more favorable weather expected in some wheat-growing regions globally, according to analysts.
Chicago corn and soy eased and wheat traded nearly flat on Friday as traders' concerns about the U.S. economic outlook inspired a selloff ahead of the weekend, according to analysts.
Chicago wheat futures eased for a third consecutive session on Thursday as lackluster weekly export sales data as well as strength in the dollar added to doubts over U.S. export prospects, traders said.
Chicago wheat futures fell on Wednesday as the U.S. dollar strengthened and investors assessed the outcome of a call between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy, according to analysts.
Chicago wheat futures traded both sides of unchanged on Tuesday, holding near a March high underpinned by concerns over U.S. crop conditions. Traders also awaited the outcome of a call between the leaders of the U.S. and Russia over the war in Ukraine.
Chicago wheat futures surged on Monday as wind storms in U.S. grain belts caused concerns about crop damage and traders hoped reduced Russian exports could generate more demand for U.S. supplies, according to analysts.
Chicago corn futures ticked lower on Friday as concerns over trade conflicts disrupting trade flows and abundant South American supplies weighed on prices, analysts said.
Chicago Board of Trade corn and soybean futures turned higher on Thursday, after private estimates for Argentina's corn and soy crops fell, analysts said.
Chicago Board of Trade grain and oilseeds extended losses on Wednesday after a government crop report showed more U.S. corn inventories than expected, while the latest U.S. tariffs and European counter-measures fueled concerns about trade disruption, traders said.
Chicago Board of Trade soybean futures ended lower on Tuesday for a third straight session, coming under pressure from hefty South American supplies hitting the global market and uncertainty over how U.S. tariffs will affect domestic demand, traders said.