U.S. grains: Corn ends nearly flat as crop prospects offset big sales to China

Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures closed fractionally higher on Thursday but held just above one-month lows, as benign crop weather and expectations of a large harvest offset news of massive U.S. corn sales to China, analysts said. Soybean futures ended firmer higher while wheat futures drifted lower. Chicago Board of Trade December corn […] Read more

U.S. grains: Corn falls to one-month low as mild U.S. weather favours crops

Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures fell for a fourth straight session on Wednesday, touching their lowest level in a month as mild weather in most of the Midwest favored prospects for a large harvest, analysts said. Soybeans also fell on beneficial weather outlooks. But wheat futures rose on short-covering and optimism about export […] Read more

U.S. grains: Corn falls to 1-month low, soy futures dip

Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures hit a one-month low and soybean futures also tumbled on Tuesday as improving U.S. crop condition ratings and favorable weather outlooks supported expectations for large harvests this autumn, analysts said. Wheat followed the weaker trend. Chicago Board of Trade December corn settled down 4-1/2 cents at $3.30 per […] Read more

U.S. grains: Soybeans firm on more sales to China

Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures edged higher on Monday as strong export sales, most notably to China, offset pressure from good crop weather that reinforced expectations for a sizable U.S. harvest this autumn. Corn futures eased as mild temperatures and timely rains across the Midwest farm belt were seen boosting prospects for the […] Read more


Fund short-covering continues in canola, soybeans

Reading Time: < 1 minute MarketsFarm — Fund traders continued to exit short positions in soybeans and canola futures during the first week of 2020, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 33,243 contracts, a decrease […] Read more

U.S. grains: Markets remain cautious, rangebound ahead of holiday

Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures were mixed on Tuesday, slipping at one point from a six-week high hit in the previous session, as grain markets remained cautious and positive trade news with China weighed against disappointing export sales data, traders said. The market has high expectations of top-consumer China ramping up soy purchases […] Read more

U.S. grains: Soy futures hit six-week high on U.S.-China trade hopes

Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures touched a six-week high on Monday on optimism that China would ramp up purchases of U.S. soy following this month’s announcement of a “Phase 1” trade deal, analysts said. Corn futures firmed, following strength in soybeans, while wheat turned lower in thin technical trade ahead of this week’s […] Read more


CBOT weekly outlook: Trade uncertainty weighs

Reading Time: < 1 minute MarketsFarm — Lack of demand for corn exports has continued to drag prices on the Chicago Board of Trade (CBOT) and the U.S. dollar has been stronger recently, making exports even less attractive, according to Terry Reilly, a grains analyst with Futures International. In contrast, consistent soybean sales since Monday have provided some support to […] Read more

U.S. grains: Wheat futures rally as U.S. cold snap threatens crops

Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures jumped on Tuesday as traders worried a cold snap would hurt recently planted crops. Temperatures dropped near zero Fahrenheit (-18 Celsius) in wheat-growing areas of the U.S. Plains, including in western Kansas, according to a daily weather report from the U.S. Department of Agriculture. A separate weekly USDA report, […] Read more