Chicago/Reuters – U.S. wheat futures fell on Friday, with key contracts hitting all-time lows as the outlook for Canadian plantings topped expectations and threatened to add to the already abundant global stockpile, traders said. Corn futures also eased, dipping to their lowest since late December, on expectations of improving weather for planting in the U.S. […] Read more
Tag Archives wheat futures — page 68
U.S. grains: Corn, wheat fall but close above session lows
U.S. grains: Wheat falls sharply, taking corn, soybeans lower
Chicago/Reuters – Chicago Board of Trade wheat futures dropped 3.1 percent to their lowest in nearly four months on Thursday, with investors beating back an overnight rally attempt amid plentiful global supplies. Wheat closed near session lows as the dollar rebounded into positive territory late in the trading day. A firm dollar makes U.S. wheat […] Read more
U.S. grains: Soy futures edge higher
Chicago/Reuters – U.S. soybean futures firmed on Wednesday, posting a mild recovery from two days of losses after holding technical support above the one-year lows hit last week. Corn futures ended flat, while wheat weakened as plentiful world stocks suppressed an early rally attempt. Traders said the market was assessing the chances for drier spells […] Read more
U.S. grains: Soybeans, corn drop as wheat edges higher
Chicago | Reuters — U.S. soybean futures fell on Tuesday for the second day in a row, hitting a one-week low as traders locked in profits from last week’s rally. Corn futures sank 1.4 per cent, as the latest weather outlook called for dry conditions in the Midwest that will allow farmers to pick up […] Read more
U.S. grains: Wheat leads grains lower on U.S. rains
Chicago | Reuters — U.S. wheat futures fell on Monday as rains and mild temperatures in key growing areas of the U.S. Midwest and Plains bolstered expectations for harvest, traders said. The most-actively traded Chicago Board of Trade soft red winter wheat contract sank two per cent and hit a 10-day low. K.C. hard red […] Read more
U.S. grains: Soy rebounds as spotlight turns to U.S. planting
Chicago | Reuters — U.S. soybean futures hit a near two-week high on Thursday on bargain buying after the front contract this week fell to its lowest level in a year, and as traders shifted their attention to U.S. planting prospects. Corn also rose as investors covered short positions ahead of a long holiday weekend, […] Read more
U.S. grains: Soy rebounds from one-year low
Chicago | Reuters — U.S. soybean futures rose nearly one per cent on Wednesday on bargain buying and short-covering, one day after a U.S. government forecast for record global soy inventories pushed the front contract to its lowest level in a year. Corn futures advanced as traders focused on uncertain planting weather in the U.S. […] Read more
U.S. grains: Soy falls to one-year low
Chicago | Reuters — U.S. soybean futures fell to the lowest levels in a year on Tuesday after the U.S. Department of Agriculture raised its estimates of South American crops and domestic soy ending stocks. Corn futures closed modestly lower while wheat ended higher as traders covered short positions. Chicago Board of Trade May soybean […] Read more
U.S. grains: Corn firms on short-covering
Chicago | Reuters — U.S. corn futures climbed about two per cent on Monday on short-covering ahead of the Midwest planting season and chart-based buying, analysts said. Wheat futures were also higher on short-covering while soybeans closed almost flat, retreating from early advances. Chicago Board of Trade May corn settled up 7-1/2 cents at $3.67 […] Read more
U.S. grains: Corn sags, soy posts longest weekly skid in 30 months
Chicago | Reuters — U.S. corn futures drifted to a one-week low on Friday as traders adjusted positions ahead of a monthly U.S. government report that analysts expect to show rising grain inventories and big South American crops. Soybeans closed narrowly mixed but the most-active contract posted a fifth weekly decline, its longest losing streak […] Read more
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