Chicago | Reuters — U.S. soybean futures climbed nearly one per cent on Tuesday, halting a three-session slide, as traders adjusted positions a day ahead of a U.S. government crop report and as excessively wet weather in the Midwest raised concerns, analysts said. Corn futures closed modestly higher while wheat fell, pressured by a stronger […] Read more
Tag Archives midwest — page 19
U.S. grains: Soy up ahead of USDA data
U.S. grains: Wheat hits one-week low as weather improves
Chicago | Reuters — U.S. wheat futures fell about two per cent to a one-week low on Monday, and corn and soybeans also declined on prospects for improving crop weather in the Midwest and Plains, analysts said. “The weather is getting better. The fact that we don’t have a very threatening forecast is why we […] Read more
U.S. grains: Wheat futures flat as damage assessed
Chicago | Reuters — U.S. wheat futures steadied on Wednesday, with the markets waiting for a good assessment of the crop damage caused by a snowstorm in Kansas over the weekend, traders said. Corn and soybeans rose but remained below levels hit earlier this week, supported by concerns that heavy rains in the Midwest and […] Read more
U.S. grains: Corn, soy, wheat rally after weekend weather woes
Chicago | Reuters — U.S. wheat futures surged 5.2 per cent to their highest in nearly two months on Monday after a weekend snow storm in key production areas raised concerns about severe crop damage, traders said. Corn and soybean futures also rallied, with wet fields across the U.S. Midwest threatening to add further delays […] Read more
U.S. grains: Soybeans, corn drop as wheat edges higher
Chicago | Reuters — U.S. soybean futures fell on Tuesday for the second day in a row, hitting a one-week low as traders locked in profits from last week’s rally. Corn futures sank 1.4 per cent, as the latest weather outlook called for dry conditions in the Midwest that will allow farmers to pick up […] Read more
U.S. grains: Rain outlook pushes corn higher
Chicago | Reuters — U.S. corn futures rose two per cent on Monday, supported by concerns that rain around the U.S. Midwest could delay planting, traders said. Corn planting has gotten off to a fast start this year, but rains will likely push farmers from the fields. “We are going to be slowing down planting […] Read more
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