U.S. soybean futures fell by more than 1 percent on Friday, giving up all of Thursday’s rally and more, as Brazil’s currency fell, making Brazilian soy more competitive on the global market, analysts said. Corn and wheat followed soybeans lower. As of 12:47 p.m. CDT (1747 GMT), Chicago Board of Trade January soybeans were down […] Read more
Tag Archives wheat futures — page 54
U.S. grains: Soybeans fall more than 1 pct as Brazilian currency weakens
U.S. grains: Corn rises to one-week high on exports
Chicago | Reuters — U.S. corn futures climbed to a one-week high on Thursday on bargain buying and improving export demand, although gains were limited by reports of higher-than-anticipated U.S. harvest yields. Soybeans rose for a second day and notched a two-week high as expectations of lower U.S. yields and rising demand from China supported […] Read more
U.S. grains: Soy climbs to one-week high on yield worries
Chicago | Reuters — U.S. soybean futures rose to a one-week high on Wednesday on concerns that the U.S. Department of Agriculture (USDA) might lower its forecast of the domestic soybean yield in a monthly report next week, traders said. Corn firmed along with soybeans as firm cash markets lending support. Wheat drifted lower but […] Read more
U.S. grains: Wheat falls to contract lows on technical selling
Chicago | Reuters –– U.S. wheat futures fell to contract lows on Tuesday as technical selling pressure dragged prices lower for a fifth straight session. Chart-based selling accelerated as prices slipped below the prior day’s two-month low, more than offsetting supportive news of a large export sale to Iraq and a government report showing the […] Read more
U.S. grains: Soybeans retreat on Brazil rains, technical selling
Chicago | Reuters — U.S. soybean futures turned lower on Monday on forecasts for crop-boosting rains in some areas of Brazil and as technical selling and month-end positioning weighed on the market. Corn was narrowly mixed and wheat futures fell for a fourth straight session, with some wheat contract months hitting fresh contract lows. Prices […] Read more
U.S. grains: Wheat futures sink as dollar rallies
Chicago | Reuters — U.S. wheat futures fell on Friday, their third straight day of declines, as a firm U.S. dollar further dampened the already poor prospects for U.S. supplies on the export market, traders said. Corn futures also weakened, weighed down by the drop in wheat, while soybeans firmed slightly. Strength in cash markets […] Read more
U.S. grains: Wheat, corn, soy fall on weak technicals, ample supplies
Chicago | Reuters — U.S. wheat futures weakened for a second consecutive day on Thursday, with technical sellers pushing prices lower after the market failed to hold support at key chart points, traders said. K.C. hard red winter wheat led the declines, sinking 1.2 per cent, as improving moisture conditions in the U.S. Plains boosted […] Read more
Canadian barley, wheat futures fade away
CNS Canada — “If you build it, they won’t always come” turned out to be the case with ICE Futures Canada’s grain contracts, as they were finally delisted Thursday after years of little to no activity. Milling wheat and durum futures were introduced by ICE Futures Canada in 2012 in response to the end of […] Read more
U.S. grains: Wheat, corn weaken after strong start
Chicago | Reuters — Chicago Board of Trade wheat futures eased on Wednesday on a round of profit taking after prices firmed to 2-1/2 week highs during the session. “The wheat market has had trouble with the 50-day moving average since the middle of September, and today was no different,” Charlie Sernatinger, global head of […] Read more
U.S. grains: Soybeans fall as harvest speeds up
Chicago | Reuters — U.S. soybean futures eased on Tuesday after a U.S. government report showed farmers had increased their pace of harvesting what is expected to be a massive crop after a slow start, analysts said. Corn and wheat futures also settled in positive territory, recovering early losses after holding support at key technical […] Read more
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