Chicago | Reuters – U.S. wheat futures rallied 1.7 percent to their highest in nearly four weeks on Tuesday on concerns about sub-zero temperatures damaging the dormant crop in crucial growing areas of the United States, traders said. The gains in wheat spurred increases in corn futures. Soybeans also closed higher after trading both sides […] Read more
Tag Archives wheat futures — page 50
U.S. grains: Wheat rallies as temperatures fall; corn, soy firm
U.S. grains: Soybeans end 2017 down four per cent
Chicago | Reuters — Chicago soybean futures firmed on Friday as rising crude oil futures helped lift soyoil, but soybeans still recorded a yearly loss of about four per cent, reflecting big 2017 harvests in South America and the U.S. Wheat drifted lower on Friday but posted its first yearly gain since 2012, while corn […] Read more
U.S. grains: Soybeans fall to four-month low
Chicago | Reuters — Chicago soybean futures fell more than one per cent and neared a four-month low Thursday on improving crop prospects in Brazil that could curb demand for U.S. soy exports, traders said. Corn and wheat futures also declined in thin trade between the Christmas and New Year’s Day holidays. Chicago Board of […] Read more
U.S. grains: Wheat up more than one per cent
Chicago | Reuters — U.S. wheat futures climbed more than one per cent on Wednesday while corn was higher for the sixth straight session as technical buying and end-of-year positioning buoyed grain prices, traders and analysts said. Soybean futures turned lower on the Chicago Board of Trade after an earlier 1-1/2-week high on profit-taking and […] Read more
U.S. grains: Soybeans up on short-covering, Argentina’s weather
Chicago | Reuters — U.S. soybean futures rose about one per cent on Tuesday, notching their second straight session of gains, as investors bought back short positions amid extended forecasts for warm and dry weather in Argentina, traders said. Corn futures were narrowly higher and wheat slightly lower at the Chicago Board of Trade as […] Read more
U.S. grains: Corn, soy up on short-covering
Chicago | Reuters — U.S. soybean futures edged higher on Friday for the first time in seven sessions in a short-covering bounce, but remained near three-month lows as forecast rain in Argentina eased concern about a potential supply risk. Corn was slightly higher on short-covering ahead of the Christmas holiday weekend, while wheat slipped as […] Read more
U.S. grains: Soybeans at three-month low
Chicago | Reuters — U.S. soybean futures fell to a three-month low on Thursday, the sixth straight session of declines, on pressure from easing vegetable oil prices and improving crop weather in South America. Wheat and corn futures both were the highest in more than a week, with prices notching narrow gains on better-than-expected U.S. […] Read more
U.S. grains: Wheat climbs on frigid weather
Chicago | Reuters — U.S. wheat futures rebounded on Wednesday to notch a 1-1/2-week high on worries about frigid weather across the Wheat Belt that threatens to damage crops lacking protective snow cover. Corn also rose on spillover support from wheat and as traders covered short positions following recent contract lows. Soybeans fell to three-month […] Read more
U.S. grains: Soybeans slump on technical selling
Chicago | Reuters — U.S. soybean futures fell on Tuesday for the ninth time in 10 sessions on technical selling and forecasts for crop-boosting rains in South America. Corn firmed on short-covering after touching contract lows, but prices remain capped by abundant supplies. Wheat futures ended mostly lower, with only hard red winter wheat contracts […] Read more
U.S. grains: Soybeans sink to three-month lows on Argentine rains
Chicago | Reuters — U.S. soybean futures slumped to three-month lows on Monday as rain in Argentina eased concerns that farmers would scale back planting in the country, the third-largest soybean exporter and top soy product supplier. Corn futures also declined on the rainy Argentine weather and pressure from abundant supplies of the grain. Wheat […] Read more
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