Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures rose on Tuesday in a turnaround from losses the previous session, as concerns increased about unfavorable weather in crop-growing regions of South America. Traders are watching the effects of heat and dryness in Argentina and rains in Brazil amid worries about potential yield losses. The countries […] Read more
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U.S. grains: Soy, corn up on unfavourable South American weather
USDA lowers ratings for Kansas, Texas wheat crops
U.S. grains: Corn, soy, wheat futures ease in setback from surges
Sovecon raises Russian wheat export forecast
Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures eased on Monday in a setback from rallies driven by concerns about tight crop supplies. The markets will likely not decline too sharply, traders said, because of strong demand from China and the need for large global harvests. In corn, speculative bullishness in corn remains near […] Read more
U.S. grains: Profit taking pressures wheat, corn, soybeans
Warmer spell also drags on winter wheat futures
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures slid 2.8 per cent on Friday, their second straight day of declines, on a profit-taking setback as warming weather in the U.S. reduced the threat of damage to the dormant crop, traders said. Corn and soybean futures also were weaker but closed well above session […] Read more
U.S. grains: Weak export sales report pushes soy, wheat lower
Weekly corn exports slip to eight-month low
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures fell 1.3 per cent on Thursday, after hitting a 6-1/2-year high overnight, on signs of poor export demand for U.S. supplies, traders said. Weak overseas demand also pressured the corn and wheat markets. “You had poor export sales,” said Jim Gerlach, president of U.S. broker […] Read more
CBOT weekly outlook: South American weather woes lift soy, corn
Reading Time: < 1 minute MarketsFarm — While most of North America is recovering after a deep freeze last week, conditions in South America are still affecting prices in soybeans and corn futures at the Chicago Board of Trade. Dry weather conditions in southern parts of the continent, along with wet weather in Brazil, have limited both the harvest and […] Read more
U.S. grains: Brazilian storms push U.S. corn, soy futures higher
Cold-weather concerns support wheat
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rose on Wednesday as storms in major production areas of Brazil disrupted fieldwork, threatening to slow export shipments from one of the world’s major suppliers, traders said. “Very heavy rains remain in the forecast for Brazil’s northern soybean belt, where farmers are trying to harvest this […] Read more
U.S. grains: CBOT soy, corn rise on weather delays in Brazil
Chicago May wheat settles firm
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures surged 1.6 per cent on Tuesday to their highest in more than five weeks on expectations that a slow harvest in Brazil will add further stress to the already tight supply situation in the United States, traders said. Corn futures also were strong, hitting a two-week high as […] Read more
U.S. grains: Wheat, soy, corn futures rise
Still remain below multi-year peaks
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Monday, led by a 2.2 per cent gain in the benchmark Chicago Board of Trade May soft red winter wheat contract, as traders focused on the condition of the crop after severe cold snaps in key growing regions. “Wheat is receiving some support from cold weather […] Read more
CBOT weekly outlook: Weather wreaks havoc on crops
Reading Time: < 1 minute MarketsFarm — Unusual weather, both in North and South America, has significantly affected commodities this week at the Chicago Board of Trade, according to a broker. A brutal cold snap, extending from northern Canada to the U.S.-Mexico border, has slowed down soybean crushing, halted production at ethanol refineries and raised energy prices in the U.S., […] Read more
U.S. grains: Wheat climbs to one-week high on frigid U.S. weather
Corn, soy futures follow firm trend
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures climbed to a one-week high on Tuesday, rising more than three per cent on fears that frigid temperatures in the bread basket of the U.S. Plains may have damaged winter wheat, analysts said. Corn and soybean futures followed the firm trend, with a strong U.S. soy-crushing pace and […] Read more
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