Chicago | Reuters — Chicago corn and soybean futures slipped on Friday, pressured by extended forecasts calling for cooler weather into August, though hot, dry weather in the coming week across the U.S. Midwest underpinned prices. Wheat ended lower as concerns over unfavorable weather in key exporting countries countered pressure from corn and soybeans. The […] Read more
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U.S. grains: Corn, soybeans lower on the week
Traders look at long-term weather; wheat flat
U.S. grains: Wheat climbs on deteriorating crop conditions
Corn rises as U.S. crop rating misses consensus
Chicago | Reuters — Chicago wheat futures climbed on Tuesday to a two-month peak after official data underscored poor conditions for drought-hit U.S. spring wheat. Chicago corn gained, as a lower-than-expected weekly crop rating focused attention back to dry conditions in parts of the Midwest. Soybeans rebounded after being pressured by falling crude oil prices […] Read more
U.S. grains: Wheat climbs as drought persists
Soybeans ease on pressure from broader commodity markets
Chicago | Reuters — Chicago wheat futures gained on Monday, climbing to a 2-1/2- month high, supported by dry weather in parts of U.S., Canadian and Russian growing areas that raises global supply worries. Soybeans eased after last week’s gains, pressured by broader losses in outside markets, though weather uncertainty underpins the oilseed. Chicago Board […] Read more
U.S. grains: Soybean futures fall after rain
Chicago corn, wheat futures both mixed
Chicago | Reuters — Chicago Board of Trade corn soybean futures fell on Thursday, pressured by rain in key growing areas of the U.S. Midwest this week, traders said. “I think it is probably confirmation of fairly widespread rain in areas that were in really dire straits,” said Chuck Shelby, president of Risk Management Commodities. […] Read more
JBS says all facilities operating after weekend cyberattack
Attackers 'never able to access our core systems'
Chicago | Reuters — All of meatpacker JBS SA’s global facilities are fully operational after a weekend cyberattack disrupted much of its North American and Australian operations, the company said on Thursday. The Brazilian meatpacker’s arm in the United States and Pilgrim’s Pride, a U.S. chicken company mostly owned by JBS, lost less than one […] Read more
JBS plants reopen as White House blames Russia over hack
Washington/Chicago | Reuters — JBS SA employees started returning to U.S. meat plants on Wednesday, a day after the company’s beef operations stopped following a ransomware attack, disrupting meat production in North America and Australia. A notorious Russia-linked hacking group is behind the cyberattack against JBS, a source familiar with the matter said. Brazil’s JBS […] Read more
Ransomware attack on JBS halts Canadian, U.S. slaughter
Cyberattack likely from Russia, White House says
Chicago/Aboard Air Force One | Reuters — Brazil’s JBS SA told the U.S. government that a ransomware attack on the company that has disrupted meat production in North America and Australia originated from a criminal organization likely based in Russia, the White House said on Tuesday. JBS is the world’s largest meatpacker and the cyberattack […] Read more
U.S. grains: Corn tumbles on long liquidation
CBOT soy, wheat modestly higher
Chicago | Reuters — U.S. corn futures fell for a third straight session on Friday, with the benchmark July contract hitting a two-week low on fund-driven long liquidation amid easing concerns about dwindling supplies, analysts said. Soybean and wheat futures closed higher. Chicago Board of Trade July corn futures settled down 31 cents at $6.43-3/4 […] Read more
U.S. grains: Soybean futures drop as soyoil crumbles
Corn, wheat futures also weak
Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Monday, led lower by the soyoil market’s decline to its lowest in nearly six weeks on bearish data about palm oil supplies, traders said. “The bean oil led the beans up and it looks like they are going to lead them down,” said […] Read more
U.S. grains: Soybeans follow veg oils lower
Corn, wheat gain after selloff
Chicago | Reuters — Chicago soybean futures slid on Friday, pressured by declines in soyoil and funds squaring positions ahead of the U.S. Department of Agriculture’s grain stocks and planting intentions reports due March 31, traders said. Corn and wheat rebounded from prior day losses, but failed to end the week higher. The most-active soybean […] Read more
Cyber-Savvy Farmer
