Chicago | Reuters — U.S. soybean futures fell for a third straight session on Tuesday and struck fresh contract lows in most months as burdensome global stocks and sluggish U.S. exports dragged prices lower, triggering technical selling. Wheat futures, too, posted contract lows as better-than-expected U.S. winter crop conditions added to pressure from largely beneficial […] Read more
Tag Archives spring planting — page 2

U.S. grains: Soy, wheat hit new lows as supplies outweigh rainy weather

Spring forecast sees early planting in Ontario
Ontario farmers may benefit from a warmer spring in 2018 – if the weather is dry enough, says a WeatherFarm-DTN The Progressive Farmer spring forecast. Why it matters: Planting early usually means higher yields and sets the tone for the growing season. Jim Block, chief meteorological officer with DTN, says a weak La Nina is […] Read more

CBOT weekly outlook: Weather concerns keep room to the upside
CNS Canada — Soybean and corn futures at the Chicago Board of Trade remain rangebound overall, though there may be room to the upside despite the generally bearish underlying fundamentals, according to an analyst. While large South American crops should weigh on both commodities, U.S. production is still very much in the air as excessive […] Read more