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Markets

U.S. grains: Wheat marks biggest weekly loss in nearly a year as Turkey bans imports

By Heather Schlitz, Reuters June 7, 2024
Chicago wheat futures Wv1 fell for an eighth day on Friday for their lowest close in a month after Turkey said it would halt wheat imports in a blow to the global demand outlook.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets

U.S. grains: Corn and soy futures rise on new Brazilian tax rule

By Heather Schlitz, Reuters June 6, 2024
Chicago Board of Trade corn Cv1 and soybean Sv1 futures rose on Thursday as news of tighter rules on industry tax credits in Brazil made traders and producers hopeful that it could boost U.S. export business, traders said.

(Medioimages/Photodisc/Getty Images)
Markets

CBOT Weekly: Selling, crop conditions drive price drops

By Adam Peleshaty - Marketsfarm June 5, 2024
Wheat prices led the way as the July Chicago contract fell 46 cents per bushel at US$4.46. The July Kansas City hard red wheat contract dropped 43.5 cents at US$6.7625/bu., while the July Minneapolis spring wheat contract lost 39.5 cents at US$7.1250/bu.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets

U.S. grains: Wheat falls as U.S. Plains harvest advances, Russia concerns ease

By Heather Schlitz, Reuters June 5, 2024
Chicago benchmark wheat Wv1 futures fell on Wednesday for the sixth day in a row, as progress in the U.S. winter harvest weighed on prices and concerns eased over the Russian crop, traders said.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets

U.S. grains: Corn, soy down as traders weigh weather and planting progress

By Heather Schlitz, Reuters June 4, 2024
Chicago Board of Trade corn and soy dipped in choppy trade on Tuesday as traders weighed U.S. planting progress and strong corn ratings with adverse weather in importer Mexico and downgrades to soybean harvest forecasts in major exporter Brazil.


Photo: JJ Gouin/iStock/Getty Images Plus
Markets

U.S. grains: Corn and soy slip on positive crop progress outlook

By Heather Schlitz, Reuters June 3, 2024
Chicago Board of Trade corn and soybean futures fell on Monday on shaky demand, technical trading and expectations of strong seeding progress and crop condition for corn later in the day, traders said.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets

U.S. grains: Wheat, corn futures end week lower with Russian crop in focus

By Heather Schlitz, Reuters May 31, 2024
Forecasts for a smaller Russian wheat harvest due to persistent drought and frost pushed prices to a 10-month high of $7.20 a bushel this week. But by Friday, traders were less concerned about how much relief the well-timed rains might give the country's crop, analysts said.

Photo: Scharfsinn86/Getty Images
Markets

Prairie Wheat Weekly: Western Canadian bids show small declines

By Adam Peleshaty - Marketsfarm May 31, 2024
Most Western Canadian wheat bids weakened a little during the week ended May 30 as spring wheat continued to be planted and winter wheat began its harvest.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets

U.S. grains: Wheat slips further from highs as Russia rain awaited

By Heather Schlitz, Reuters May 30, 2024
Chicago wheat futures turned lower for a second straight session on Thursday, falling from 10-month highs, as traders assessed whether rain forecast in parts of Russia would halt a rapid decline in harvest estimates for the world's top exporter.

U.S. grains: Wheat loses steam after rally as traders eye Russian weather
Markets

U.S. grains: Wheat loses steam after rally as traders eye Russian weather

By Heather Schlitz, Reuters May 29, 2024
Chicago wheat futures edged down on Wednesday as investors took profits after the recent rally and questions remained about whether forecasts for rain in Russia would stem a decline in harvest prospects in the world's biggest exporter.

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