Tag Archives wheat futures

Chicago | Reuters –– U.S. soybean futures rose for the third consecutive day on Friday as demand for U.S. stocks of the oilseed remained strong while overseas buyers waited for supplies from the South American harvest to hit the market, traders said. Wheat futures jumped on a round of short covering but remained stuck in […] Read more

Chicago | Reuters –– Soybean futures firmed Thursday on signs that export demand for U.S. supplies remained robust despite expectations of bumper harvests in Argentina and Brazil, traders said. Wheat and corn futures were weaker, pressured by ample global supplies, but both commodities remained within recent ranges. Soybeans received an additional boost from technical buying […] Read more

Chicago | Reuters — U.S. soybeans ended lower on Friday as a jump in the dollar on strong employment data spurred technical selling, traders said. Additionally, forecasts of record soybean production in South America hung over prices. Corn and wheat closed slightly firmer on a pre-weekend short covering bounce. Wheat was underpinned by a pickup […] Read more

Chicago | Reuters — Chicago Board of Trade wheat futures climbed nearly three per cent on Thursday, buoyed by a softer dollar and hopes for U.S. sales of the grain to top buyer Egypt, traders said. Soybeans rose, led by strength in soyoil and Malaysian palm oil, while corn ended firm after a choppy session. […] Read more

Chicago | Reuters — U.S. corn and wheat futures climbed four per cent on Tuesday amid a broad-based rally in commodities led by crude oil as the dollar slipped to a near-two-week low on weaker domestic economic data, traders said. Chicago Board of Trade grain markets were overdue for a short-covering rebound after falling to […] Read more