Chicago Board of Trade wheat futures plunged on Thursday to approach their lowest level since 2020 and dragged corn prices down on spillover weakness, analysts said.
Tag Archives USDA
U.S. grains: Wheat and corn plunge on poor export news, soy follows lower
U.S. grains: CBOT corn futures ease on technical selling, US planting plans
Chicago Board of Trade (CBOT) corn futures eased on technical selling on Wednesday, as market participants sought profits and assessed U.S. spring planting, analysts said.
CBOT Weekly: ‘Beaten up’ prices make their way upwards
After weeks of tumbles toward new contract lows, the month of March is looking mighty so far for grains on the Chicago Board of Trade (CBOT).
U.S. grains: Soybeans, wheat rise on technical trading, poor Brazilian weather
Chicago Board of Trade wheat and soybean futures all turned higher on Tuesday as a stubbornly bearish market gained support from weather issues in Brazil and a flurry of short covering as funds shift out of their huge net short positions.
U.S. grains: Soybeans fall on supply pressures; corn and wheat turn higher
Chicago Board of Trade (CBOT) soybean futures drifted lower on Monday, amid ongoing pressure from a hefty global supply and signs of investors hunting for profits, traders said.
U.S. grains: Wheat futures bounce after 3-1/2 year low; soy, corn climb
Hefty global grain supplies, competition for export business anchor prices
Chicago Board of Trade soybean and corn rose on Friday, extending their recovery from three-year lows set last month, following an uneventful monthly supply/demand report from the U.S. Department of Agriculture (USDA), analysts said.
Few changes in March USDA report
Increased projections for South American corn, soybeans, U.S. wheat carryout
The United States Department of Agriculture’s (USDA) monthly supply/demand estimates, released on March 8, were largely left unchanged, the exceptions being South American corn and soybeans as well as U.S. wheat.
Prairie Wheat Weekly: Bids hold against weak U.S. futures
Low exports, declining Black Sea, European milling wheat prices pressure U.S. wheat
Western Canadian wheat bids were little affected by a stronger Canadian dollar and the recent drop-off in United States wheat futures during the week ended March 7.
U.S. grains: Wheat sags to 3-1/2-year low
Corn, soy firm ahead of USDA data
Chicago Board of Trade (CBOT) wheat futures ended mostly lower on Thursday with the benchmark contract Wv1 tumbling to a fresh 3-1/2-year low late in the session after China cancelled a purchase of U.S. wheat and Egypt scrapped an international purchase tender, traders said.
U.S. grains: Wheat hits 3-1/2-year low on export competition
Corn drifted upward, soybeans declined
Benchmark Chicago wheat futures tumbled to their lowest point in more than three years on Wednesday as low prices in an Algerian import tender this week highlighted stiff global export competition from Black Sea grain supplies, traders said.
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