Chicago | Reuters – U.S. soybean futures closed mostly lower on Thursday as midsession support from a lower-than-expected U.S. crop acreage estimate and tightening stocks was eclipsed by broader economic concerns as equities and energy markets retreated. Soy had traded higher after the U.S. Department of Agriculture (USDA) said American farmers planted fewer acres this […] Read more
Tag Archives u.s. dollar — page 29
U.S. grains: Soybeans end mostly lower, grains plunge after USDA acres data
U.S. grains: Spot corn, soy futures extend gains ahead of USDA report
Chicago | Reuters – Chicago spot corn and soybean futures extended gains on Wednesday, as traders adjusted their positions ahead of a government crop report, traders said. But the most-active and deferred corn contracts eased downward, as latest forecasts see an increased chance of rain in U.S. growing areas as crop nears pollination phase. Traders […] Read more
U.S. grains: Chicago grains rally on crop ratings, China quarantine rules relaxing
Chicago | Reuters – Chicago corn futures bounced higher on Tuesday, after a U.S. government crop conditions report showed good-to-excellent ratings for corn fell more than expected, raising concerns about the Midwest crop as it heads toward a key pollination phase of development. Wheat futures rallied on short-covering and bargain buying after three straight sessions […] Read more
U.S. grains: Wheat futures hit lowest price since February; corn down, soy up
Chicago | Reuters – U.S. wheat futures fell to their lowest price since February on Monday, pressured by the expanding harvest of winter wheat in the northern hemisphere and a lack of demand for U.S. supplies, traders said. Corn futures also fell, led by deferred contracts representing the 2022 harvest. But soybeans rose as soyoil […] Read more
U.S. grains: Soybean, corn futures rise on bargain buying; wheat falls
Chicago | Reuters – U.S. soybean futures rose on Friday, snapping a streak of four negative sessions, on a round of bargain buying and short covering, traders said. “Prices appear to have stabilized at current levels,” Tomm Pfitzenmaier, analyst for Summit Commodity Brokerage, said in a note to clients. “Traders that sold all week will […] Read more
U.S. grains: Corn, soybeans, wheat plunge as economic worries rise
Chicago | Reuters – U.S. corn, wheat and soybean futures plummeted on Thursday, as investor fears of an economic downturn and improved sentiment over U.S. crops shifted attention from war disruption to Black Sea exports. Wheat futures Wv1 sank to their lowest level since March 1, soybeans Sv1 hit their lowest since May 11 and corn Cv1 hit its lowest since […] Read more
U.S. grains: Wheat firms after Russia strikes Ukraine port
Chicago | Reuters – U.S. wheat futures firmed on Wednesday, rebounding from a sharp decline a day earlier as investors covered short positions following a Russian strike on a port in Ukraine that renewed fears about supply shortages, traders said. “Wheat was mostly higher today … after Russia unleashed a missile attack damaging at least […] Read more
U.S. grains: Wheat falls on harvest pressure, firmer U.S. dollar
Hot Midwest spell raises early concerns about corn, soy yields
Indianapolis | Reuters — Chicago wheat futures fell on Friday, erasing gains earlier in the week as harvest pressure weighs and a firmer dollar limits export business, traders said. Corn inched higher, finding a fresh one-month high, supported by hot weather in the U.S. Midwest that could threaten crops, while soybeans traded near even heading […] Read more
U.S. grains: Wheat jumps on weaker U.S. dollar
Midwest heat lifts corn, soy
Indianapolis | Reuters — Chicago Board of Trade wheat climbed on Thursday, supported by a weaker dollar and continued uncertainty as Ukraine attempts to move grain exports through the Black Sea. Corn and soybeans firmed as hot, dry weather across the U.S. Midwest threatened to stress recently-planted crops. The most-active wheat contract of the Chicago […] Read more
U.S. grains: CBOT soyoil futures fall from highs; pull soybeans lower
Chicago | Reuters – Chicago Board of Trade soyoil futures fell on Monday, retreating from all-time highs after Indonesia’s agriculture ministry said that crude palm oil shipments would be excluded from a planned palm oil export ban. The weakness in soyoil pressured soybeans and soymeal, which also faced bearish headwinds from a sharp drop in […] Read more
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