Chicago | Reuters — U.S. soybean futures fell for the fourth day in a row to their lowest since June 30 as expectations kept building that growing supplies will outstrip demand even as top buyer China steps up its purchases, traders said. A bearish supply outlook also pressured wheat futures, which dropped to a one-month […] Read more
U.S. grains: Bearish supply outlooks spark selling in corn, soy, wheat
Wheat outlooks in Canada, Russia, Australia bearish
U.S. grains: Wheat, soy futures fall on bearish supply view
Chicago corn steadies
Chicago | Reuters — Chicago Board of Trade wheat futures sank 1.9 per cent on Thursday to their lowest in nearly a month, their third decline in four sessions, with expectations for rising global supplies pushing prices lower, traders said. Corn futures steadied after hitting fresh contract lows on Tuesday, with the outlook for massive […] Read more
U.S. grains: Wheat, corn futures firm
CBOT soy eases on U.S. Midwest rain forecast
Chicago | Reuters — U.S. corn and wheat futures ticked higher on Wednesday, supported by a round of bargain buying and short-covering after posting sharp declines a day earlier, traders said. Soybean futures weakened to their lowest level since July 14, with forecasts in key growing areas of the U.S. Midwest calling for rains that […] Read more
U.S. grains: Crop expectations spark sell-off in corn, soy futures
Bleak export prospects sink CBOT wheat
Chicago | Reuters –– U.S. corn and soybean futures posted sharp declines on Tuesday, with the market focused on expectations for bumper yields across the U.S. Midwest this fall due to forecasts for rain in key growing areas, traders said. On a continuous basis, corn futures dropped to their lowest level since June 29 while […] Read more
U.S. grains: Wheat futures fall on U.S. export woes
Corn, soybeans firm
Chicago | Reuters — U.S. wheat futures dropped two per cent on Monday as rising expectations for harvests in Russia and Australia cast a shadow over already weak demand prospects for U.S. supplies, traders said. “Even though our prices are low, we are still being undersold,” said Al Kluis, managing director of Kluis Commodity Advisors. […] Read more
U.S. sells record amount of corn to China as tensions rise
Chicago | Reuters – Chinese buyers booked their single biggest-ever purchase of U.S. corn, extending their flurry of large U.S. purchases even as tensions between Washington and Beijing rise. The U.S. Agriculture Department said on Thursday that private exporters sold 1.937 million tonnes of corn to China for delivery in the 2020/21 marketing year. That topped the […] Read more
U.S. grains: Soybeans, corn fall
Wheat firms on crop concerns; Russia cuts crop outlook
Chicago | Reuters — U.S. soybean futures sank 1.4 per cent to a two-week low on Thursday, pressured by concerns about falling export demand from the world’s top soy importer due to rising tensions between Beijing and Washington, traders said. “It does not take much,” said Mark Schultz, chief market analyst at Northstar Commodity. “You […] Read more
U.S. grains: Soy slips as traders await China deals
CBOT corn, wheat futures rise
Chicago | Reuters — Chicago Board of Trade soybean futures dipped on Tuesday, pressured by a fast pace of planting and slowing export deals to China after a string of sales earlier in the month, traders said. “The trade is very dependent on China buying, and we really have not seen an announcement here in […] Read more
U.S. livestock: Hog futures fall
Live cattle futures firm while slaughter numbers rise
Chicago | Reuters — U.S. hog futures fell on Tuesday, pressured by an increase in daily slaughter totals as pork plants come back online, traders said. CME live cattle futures firmed despite rising kill numbers, with the most-actively traded contract passing through a key technical benchmark. The nearby CME June live cattle futures contract settled […] Read more
U.S. grains: CBOT wheat hits lowest since March
Soybeans, corn firm as oil rallies
Chicago | Reuters –– U.S. wheat futures fell to their lowest in more than two months on Monday, pressured by sluggish demand on the export front and some much-needed rain in the U.S. Plains, traders said. Soybean futures were higher, supported by gains in the crude oil market as well as strong demand from China. […] Read more
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