Chicago | Reuters — U.S. soybean futures fell to a one-week low on Tuesday on technical selling combined with better-than-expected yield reports from the Midwest, analysts said. Wheat and corn futures followed the weak trend, with wheat retreating after climbing to a one-month high. Chicago Board of Trade November soybeans settled down 7-3/4 cents at […] Read more
Tag Archives wheat futures — page 57
U.S. grains: Soy down on harvest, worries about biodiesel
U.S. grains: Soybeans sag as harvest gets rolling
Chicago | Reuters — U.S. soybean futures fell about 1.3 per cent on Monday as anecdotal reports of better-than-expected yields from the early harvest in the Midwest began to trickle in, traders said. Wheat futures turned higher on fund short-covering ahead of a key U.S. government crop report on Friday while corn was little changed. […] Read more
U.S. grains: Soy at six-week top on exports, yield uncertainty
Chicago | Reuters — U.S. soybean futures hit a six-week high on Friday on stepped-up export demand and uncertainty about the size of the U.S. crop, analysts said. Corn followed the firm trend, supported by chart-based buying. Chicago Board of Trade December wheat set a one-month high but turned lower. Chicago Board of Trade November […] Read more
U.S. grains: Wheat hits one-month top on technical buying
Chicago | Reuters — Chicago wheat futures posted a one-month high Thursday on technically driven trade while U.S. soybean and corn futures eked out modest advances as traders waited for the harvest to expand in the Midwest. Chicago Board of Trade December what settled up 2-3/4 cents at $4.52-1/2 per bushel after reaching $4.54-1/2, its […] Read more
U.S. grains: Soy, corn firm on broad commodity strength, soy sales
Chicago | Reuters — U.S. soybean futures firmed on Wednesday, supported by strength in commodities and resurgent soy export demand, traders said. Wheat and corn followed the higher trend, with both grains rebounding after a two-session slide as the U.S. corn harvest got under way. Chicago Board of Trade November soybeans settled up 4-1/2 cents […] Read more
U.S. grains: Corn falls one per cent as harvest looms
Chicago | Reuters — Chicago corn futures fell nearly one per cent on Tuesday on chart-based selling as the harvest of a large U.S. crop loomed, traders said. Soybeans followed the weak trend, declining in the absence of fresh supportive news, and wheat closed mixed, with front-month December fractionally lower. “The biggest thing is, there […] Read more
U.S. grains: Soybeans end lower in retreat from early strength
Chicago | Reuters — U.S. soybean futures closed lower on Monday as a bout of technical selling erased early strength tied to export demand and uncertainty about Midwest yield prospects, analysts said. Corn fell on expectations of continued, burdensome U.S. supplies, and wheat also declined in listless trade. CBOT November soybeans settled down one cent […] Read more
U.S. grains: Soybeans ease but notch fourth weekly gain
Chicago | Reuters –– U.S. soybean futures fell on Friday on profit-taking but the benchmark Chicago Board of Trade November contract still recorded a fourth straight weekly advance, supported by firm cash markets and export demand. CBOT wheat rose on short-covering and worries about dry conditions in Australia while corn closed modestly higher in rangebound […] Read more
U.S. grains: Soy hits one-month top on export demand
Chicago | Reuters — U.S. soybean futures set a one-month high on Thursday on robust export demand coupled with short covering and strength in cash markets, traders said. Corn followed the firm trend, drawing additional support from strength in other commodities, including crude oil. The 19-market Thomson Reuters CoreCommodity Index was up 0.2 per cent […] Read more
U.S. grains: Soy steadies after tumbling on higher crop estimate
Chicago | Reuters — U.S. soybeans firmed on Wednesday in a light technical rebound one day after the U.S. Department of Agriculture surprised analysts by raising its estimates of the U.S. corn and soybean yields. Corn futures ended flat while wheat was modestly higher, paring gains after the Chicago Board of Trade December contract hit […] Read more
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