Chicago | Reuters — U.S. grain and soy futures plummeted on Thursday, with wheat easing as much as five per cent in a technical selloff amid outlooks for slightly cooler temperatures and chances for rain next week in Midwestern growing regions, traders and analysts said. Wheat, corn and soybeans extended steep losses from Wednesday that […] Read more
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U.S. grains: Wheat, corn, soy tumble on better weather, technicals
U.S. grains: Corn, soy, wheat rise as crop belt heats up
Chicago | Reuters — U.S. corn and wheat futures rose more than two per cent on Monday, with corn setting a one-year high on worries about forecasts for potentially stressful heat in parts of the Midwest. Chicago Board of Trade wheat futures climbed nearly three per cent, led by outlooks for more hot and dry […] Read more
U.S. grains: Soybeans, corn firm on weather view
Chicago | Reuters — Chicago Board of Trade soybean futures rallied 1.4 per cent on Friday on hotter and drier forecasts for important growing areas of the U.S. Midwest, traders said. Concerns about the forecast also supported corn futures but the market closed off session highs as profit-taking weighed on prices after their run-up to […] Read more
U.S. grains: Wheat, corn futures fall
Chicago | Reuters — U.S. wheat futures fell on Thursday, shrugging off signs of further deterioration in already stressed crops, on a round of profit-taking following a rally to multi-year highs, traders said. Corn futures also fell, snapping a streak of seven straight higher closes, on pressure from the U.S. Agriculture Department’s surprise boost to […] Read more
U.S. grains: Corn, wheat extend winning streak as forecast heats up
Chicago | Reuters — U.S. wheat futures rose for a sixth day in a row on Wednesday, with technical buyers stepping into the market after prices sank into negative territory, traders said. Chicago Board of Trade corn and soybean futures also closed higher. Corn, which has risen for seven straight trading sessions, received support from […] Read more
U.S. grains; Wheat, corn, soy climb; spring wheat tops US$8
Chicago | Reuters — U.S. wheat, soybean and corn futures rose in an abbreviated session ahead of the Fourth of July holiday, buoyed by worries that hot and dry weather in the northern Plains spring wheat belt could spread into the western Midwest, analysts said on Friday. Spring wheat futures on the Minneapolis Grain Exchange […] Read more
U.S. grains: Chicago wheat above $5 on U.S., Canadian concerns
Chicago | Reuters — Chicago Board of Trade wheat futures closed above US$5 a bushel on Friday for the first time in a year, buoyed by diminishing outlooks for spring wheat crops in both the U.S. and Canada, analysts said. CBOT soybean futures rose about three per cent and corn futures also followed the firming […] Read more
U.S. grains: Spring wheat sets three-year top on weather woes
Chicago | Reuters — U.S. spring wheat futures charged to a three-year high on Thursday, fueled by fears that continued dry conditions in the northern U.S. Plains would cut supply of high-protein milling wheat. The surge in spring wheat futures on the Minneapolis Grain Exchange (MGEX) also lifted Chicago Board of Trade wheat to a […] Read more
U.S. Plains drought highlights spring wheat supply crunch
Chicago | Reuters — Drought conditions in the northern U.S. Plains that have propelled spring wheat prices to a three-year high worsened in the past week and there are forecasts for more hot and dry weather that could crimp the harvest. As the world struggles with a glut of grain that has filled inventories to […] Read more
U.S. grains: Spring wheat futures top US$7 on weather worries
Chicago | Reuters — U.S. spring wheat futures surged 3.4 percent on Wednesday, topping US$7 a bushel for the first time in nearly three years on worries that stressful weather will curb production of the high-quality milling wheat, analysts said. The jump in Minneapolis Grain Exchange (MGEX) spring wheat lifted Chicago Board of Trade wheat […] Read more
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