Chicago | Reuters — Chicago Board of Trade wheat futures fell for the third day in a row to their lowest in more than seven weeks on Thursday on expectations that U.S. supplies will continue to struggle to gain traction on the global export market, traders said. Corn futures ended firm, supported by bargain buying […] Read more
Tag Archives wheat futures — page 33
U.S. grains: Wheat extends losing streak
U.S. grains: Wheat weakens on poor export demand
Chicago | Reuters — Chicago Board of Trade wheat futures fell 1.8 per cent on Wednesday, its third decline out of the last four sessions, as export prospects for U.S. supplies remained dim despite crop shortfalls in key production areas of the Black Sea region, traders said. Corn dropped after earlier touching a two-week high […] Read more
U.S. grains: Wheat falls on Russian export plans
Chicago | Reuters — U.S. wheat futures dropped 2.5 per cent on Tuesday to a one-week low after Russia’s agriculture ministry said it had no plans to restrict grain exports from the world’s biggest wheat supplier, traders said. Corn firmed on support from news that Argentina planned to impose a 10.2 per cent export tax […] Read more
U.S. grains: Corn, soy rise on short-covering
Chicago | Reuters — U.S. corn and soybean futures rose on Friday as traders covered short positions ahead of a long holiday weekend, but both commodities posted monthly declines as prospects for large U.S. harvests weighed on prices. Wheat climbed on technical buying, along with worries about tightening global supplies. Chicago Board of Trade December […] Read more
CBOT weekly outlook: Corn, soy, wheat markets stabilizing
CNS Canada –– Corn, soybean and wheat markets at the Chicago Board of Trade are starting to stabilize after a wild week. “Obviously we’ve been down a little bit here this week. We’re recovering some here today, the wheat’s doing the biggest recovery of all,” said Jack Scoville of Price Futures Group in Chicago. Markets […] Read more
U.S. grains: Soybeans fall as huge harvest looms
Chicago | Reuters — U.S. soybean futures declined on Thursday on expectations of a massive U.S. harvest and worries about sluggish demand, traders said. Wheat futures fell on technical selling and profit-taking after Wednesday’s 3.5 per cent surge while corn futures were little changed. Chicago Board of Trade November soybean futures settled down 4-1/2 cents […] Read more
U.S. grains: Wheat soars on new rumours of Russian export curbs
Chicago | Reuters — U.S. wheat futures rose 3.5 per cent on Wednesday on technical buying and rumours that Russia might curb wheat exports, traders said. Soybeans and corn closed modestly higher, following wheat. Chicago Board of Trade December soft red winter wheat futures settled up 18-1/2 cents at $5.41-3/4 per bushel (all figures US$). […] Read more
U.S. grains: Soy falls to six-week low on crop prospects
Chicago | Reuters — U.S. soybean futures fell nearly two per cent on Tuesday, with the benchmark November contract on the Chicago Board of Trade hitting a six-week low on expectations of a bumper U.S. harvest and uncertainty about demand, analysts said. Corn futures followed soybeans lower while CBOT wheat steadied after a six-session slide […] Read more
U.S. grains: Soy, corn hit six-week lows on record crop prospects
Chicago | Reuters — U.S. soybean and corn futures fell to six-week lows Monday on expectations of large U.S. crops and fears that hog disease in China might hurt demand for feed, analysts said. Chicago Board of Trade wheat futures also declined, sliding for a sixth session. CBOT November soybeans settled down seven cents at […] Read more
U.S. grains: Wheat extends skid on poor U.S. export demand; corn, soy firm
Chicago | Reuters – U.S. wheat futures dropped for the fifth consecutive session on Friday, touching a one-month low on sluggish export demand for U.S. wheat despite tightening global supplies. Corn and soybean futures stabilized after sharp declines this week tied to expectations of bumper harvests in the U.S. Midwest, analysts said. Chicago Board of […] Read more
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