Chicago | Reuters — U.S. wheat futures fell on Thursday on technical selling, hitting their lowest level since last week on a lack of supportive news and plentiful global inventories, analysts said. Corn and soybeans also sagged. Chicago Board of Trade May wheat settled down 6-1/2 cents at $4.23-1/4 per bushel (all figures US$). CBOT […] Read more
Tag Archives wheat futures
U.S. grains: Wheat falls in thin trade
U.S. grains: Soybeans rebound on Argentina rains
Chicago | Reuters — U.S. soybeans rebounded on Wednesday from multi-month lows sparked a day earlier by fears of harvest delays in Argentina, while China’s return to the market after a holiday helped boost prices, analysts said. Corn and wheat followed the strength in soybeans, but rising stockpiles of corn-based ethanol pressured corn futures at […] Read more
U.S. grains: Soybeans plumb new lows
Chicago | Reuters — Chicago Board of Trade May soybean futures fell to their lowest level in a year on Tuesday, pressured by expectations for record-large U.S. plantings and a massive South American harvest, analysts said. Corn futures fell one per cent on profit-taking a day after reaching a three-week top, while wheat ended narrowly […] Read more
U.S. grains: Corn at three-week high on U.S. area outlook
Chicago | Reuters — U.S. corn futures hit a three-week high on Monday while soybeans set multi-month lows as traders continued to respond to a plantings forecast released Friday by the U.S. Department of Agriculture, analysts said. Wheat followed corn higher, supported by commodity funds covering short positions. “We’re still buying feed grains and selling […] Read more
U.S. grains: Soy futures crumble after U.S. predicts record plantings
Chicago/Reuters – U.S. soybean futures fell to fresh five-month lows on Friday after federal crop forecasters said spring plantings would reach an all-time high above traders’ expectations. Farmers in arid Plains states, the Midwest and south are shifting to plant soybeans, instead of corn and wheat, as the crop provides one of the few bright […] Read more
U.S. grains: Soybeans slip to five-month low ahead of USDA data
Chicago/Reuters – U.S. soybean futures fell to a five-month low on Thursday while corn and wheat weakened as traders adjusted positions ahead of U.S. Department of Agriculture data that was expected to show abundant supplies of each crop. Prices for all three commodities eased in relatively subdued trading before Friday’s USDA annual prospective plantings and […] Read more
U.S. grains: Soy weakens, corn gains ahead of USDA report
Chicago | Reuters — U.S. soybean futures closed lower on Wednesday, while corn and wheat prices edged higher as investors squared positions ahead of U.S. Department of Agriculture plantings and grain stocks data on Friday, traders and analysts said. Soybean futures fell to the lowest levels since October and corn and wheat each held above […] Read more
U.S. grains: Wheat rebounds after 2-1/2-month lows
Chicago | Reuters — U.S. wheat prices climbed on Tuesday in a light rebound from multi-month lows set on Monday, although forecasts for much-needed rains in the Plains wheat belt kept a lid on gains, analysts said. Corn firmed and soybeans edged higher after a choppy session as traders adjusted positions ahead of a pair […] Read more
U.S. grains: Wheat, corn, soy fall to fresh 2017 lows
Chicago | Reuters — U.S. wheat, corn and soybean futures fell to their lowest this year on Monday, pressured by abundant global grain and oilseed supplies and outlooks for crop-friendly rain in the southern Plains wheat belt, traders said. Wheat futures led the way down. K.C. hard red winter wheat futures, which reflect the variety […] Read more
U.S. grains: CBOT soybeans, corn fall
Chicago | Reuters — U.S. soybean futures dropped 1.6 per cent on Friday to their lowest level in more than five months on pressure from rising forecasts for already-robust South American harvests, traders said. Corn futures also weakened, hitting their lowest level since Jan. 13. Chicago Board of Trade soft red winter wheat rose on […] Read more
Cyber-Savvy Farmer
