Chicago / Reuters – U.S. corn and soybean futures weakened on Monday on forecasts for beneficial weather for crop development, traders said. Wheat futures also were weak, dropping to their lowest in more than a month, as sizeable world supplies countered support from drought-hit U.S. spring wheat yields. The lower closes snapped a string of […] Read more
Tag Archives wheat futures — page 61
U.S. grains: Corn, soybeans, wheat fall, ending win streak
U.S. grains: Drought damage supports U.S. wheat; corn, soybeans firm
Chicago / Reuters – U.S. wheat futures rose on Friday, buoyed by signs of poor yields in drought-hit U.S. spring wheat belts, but the benchmark Chicago Board of Trade soft red winter wheat contract was still headed for a third straight weekly loss as U.S. crop troubles were set against ample global supplies. Corn and […] Read more
U.S. grains: Wheat rises on spring crop woes; corn, soy firm
Chicago / Reuters – U.S. wheat futures rose on Thursday, led by gains in MGEX spring wheat contracts, supported by results from a tour that illustrated the damage done to the crop in a key growing area, traders said. Corn and soybeans were also higher as uncertainty over the impact of dryness in parts of […] Read more
U.S. grains: Wheat, corn, soybean futures rise
Chicago / Reuters – U.S. wheat futures firmed on Wednesday, with MGEX spring wheat contracts posting the biggest gains as results from a crop tour confirmed that drought in the northern Plains severely crimped harvest potential in that key growing region. Traders also noted bargain buying in wheat futures as the benchmark Chicago Board of […] Read more
U.S. grains: Wheat, corn and soybean futures post sharp declines
Chicago / Reuters – Chicago Board of Trade corn and soybean futures fell on Tuesday, with investors shrugging off bigger-than-expected declines in U.S. crop ratings to focus on forecasts for better weather, traders said. “Rains expand tonight through Thursday from northwest Midwest into Ohio Valley,” Commodity Weather Group said in a note to clients. Wheat […] Read more
U.S. grains: U.S. wheat drops to lowest since June 29
Chicago / Reuters – U.S. wheat futures fell to their lowest in more than three weeks on Monday on profit taking as traders said damage from a drought in the U.S. Plains has been fully priced into the market. Corn and soybean futures also weakened on better harvest prospects as the weather improved in key […] Read more
U.S. grains: Improving forecast weighs on corn, soybeans
Chicago | Reuters — U.S. corn and soybean futures fell on Friday, pressured by outlooks for some relief for crops stressed by hot and dry weather during the past few weeks, traders said. “It is a little bit of a moderation in the weather forecast,” said Bill Gentry, a broker at Risk Management Commodities. “The […] Read more
U.S. grains: Corn, soy rise for third straight day
Chicago | Reuters — U.S. corn and soybean futures rallied on Thursday to their highest respective levels in more than a week, supported by forecasts for hot weather that will stress crops in key growing regions, traders said. Both commodities notched their third straight day of gains. Corn led the sector, rising 2.1 per cent, […] Read more
U.S. grains: Corn, soy extend gains on outlook for dry weather
Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose about one per cent on Wednesday, extending gains from the previous session on outlooks for mostly dry weather that likely will stress U.S. crops, traders and analysts said. Corn and soy prices came off their session highs at midday as investors adjusted […] Read more
U.S. grains: Corn, soy futures gain on weather worries
Chicago | Reuters –– Chicago Board of Trade corn futures were higher on Tuesday, lifted by concerns that hot and dry weather could reduce yields for the U.S. harvest in the wake of government data showing deteriorating crop condition ratings, traders said. Corn finished about 10 cents per bushel below its earlier peaks and prices […] Read more
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