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Tag Archives prices


(Medioimages/Photodisc/Getty Images)
Markets

CBOT weekly outlook: Downturn continues for grains

Early harvest reports from South America could affect prices

By Adam Peleshaty - Marketsfarm February 1, 2024
March grain futures at the Chicago Board of Trade (CBOT) were in decline during the week ended Jan. 31 despite receiving a boost on Jan. 30.

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

U.S. grains: Wheat futures sag; corn, soybeans hover near multi-year lows

South American rainfall, Chinese demand, good production outlook for U.S., Russian wheat weighing on prices

By Julie Ingwersen, Reuters February 1, 2024
U.S. wheat futures fell on Wednesday on technical selling and spillover weakness from European wheat markets amid thin export demand, while corn and soybeans stabilized after setting multi-year lows a day earlier.

CBOT corn ZCH24 on Jan. 30 with 20-day moving average. (Barchart)
Markets

U.S. grains: Corn, soybeans close higher, rebounding after multiyear lows

Wheat followed the firm trend, bouncing after a slide to one-week lows

By Julie Ingwersen, Reuters January 30, 2024
U.S. corn and soybean futures rallied on Tuesday, closing higher on a round of bargain buying after both commodities fell to multiyear lows, although supportive news about supply and demand was lacking, analysts noted.

CBOT Soybeans ZSH24 on Jan. 29, 2014 with Bollinger bands. (Barchart)
Markets

U.S. grains: Soy hits 2-yr lows on South American crop prospects, demand worries

Chinese demand less certain as real estate crisis deepens there

By Julie Ingwersen, Reuters January 29, 2024
U.S. soybean futures fell to two-year lows below $12 a bushel on Monday, pressured by improving prospects for large South American harvests and worries about demand as top global soy buyer China struggles with a real estate crisis, analysts said.

CBOT soybeans ZCH24 on Jan. 26 with Bollinger bands. (Barchart)
Markets

U.S. grains: Soybeans, corn pressured by South American supply prospects

Outlooks for large soy and corn crops in Argentina, optimism about Brazil's harvest set the tone

By Julie Ingwersen, Reuters January 26, 2024
U.S. soybean futures sank to a one-week low on Friday and corn fell more than 1 per cent as traders focused on improving prospects for South American harvests, analysts said.


Photo: Getty Images
Markets

U.S. grains: Soybean, soyoil futures slide on weak demand

KC wheat firms on demand optimism

By Julie Ingwersen, Reuters January 25, 2024
U.S. soybean futures Sv1 fell 1.4 per cent on Thursday, pressured by weak export demand for U.S. supplies of the oilseed given strong competition from Brazilian supplies, along with sliding values for soybean oil, traders said.

CBOT Corn ZCH24 on Jan. 24 with Bollinger bands. (Barchart)
Markets

U.S. grains: Corn up 1.3 per cent on South America weather worries, softer dollar

Wheat futures ended up 2.4 per cent on technical buying and weakness in the dollar

By Julie Ingwersen, Reuters January 24, 2024
Chicago Board of Trade corn futures rose 1.3 per cent on Wednesday as uncertainty about crop prospects in South America and a setback in the dollar triggered a round of short-covering and lifted the benchmark corn contract Cv1 from three-year lows set last week, traders said.

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

U.S. grains: Soybeans rise in technical rebound; corn ends firm, wheat flat

Gains limited by sizable South American crops; doubts over Chinese demand hangs over market

By Karl Plume, Reuters January 23, 2024
U.S. soybean futures Sv1 rose for a second straight session on Tuesday on technical buying and short covering after notching multi-year lows last week, although lacklustre demand and improved crop weather in top exporter Brazil limited gains.


CBOT soybeans ZSH24 on Jan. 22 with 20 and 50-day moving averages (Barchart)
Markets

U.S. grains: Soybeans rise, led by soyoil and crude oil; wheat up, corn choppy

Crude oil futures rose almost 2 per cent on supply disruptions, supporting soy

By Julie Ingwersen, Reuters January 22, 2024
U.S. soybean futures climbed on Monday as soyoil futures jumped 2.7 per cent on short-covering and strength in crude oil, traders said.

CBOT corn ZCH24 on Jan. 19 with 20, 50 and 100-day moving averages. (Barchart)
Markets

U.S. grains: Corn futures decline for sixth week in a row

Short-covering, positioning and U.S. export demand advance corn and wheat Friday

By Reuters, Tom Polansek January 19, 2024
U.S. corn futures lost ground for the sixth consecutive week and soybean futures declined the fifth week in a row after expectations for plentiful supplies pushed the markets to multi-year lows on Thursday.

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