Chicago | Reuters — U.S. soybean futures fell 1.2 per cent on Tuesday, pulling back from a 4-1/2 month high on a round of profit-taking, as well as pressure from falling crude oil prices. Corn and wheat futures also fell, their fourth straight losing session due to pressure from ample global supplies. Multiple Chicago Board […] Read more
Tag Archives wheat futures
U.S. grains: Soy snaps winning streak
U.S. grains: Soy rally extends to seventh day
Chicago | Reuters — U.S. soybean futures rose for the seventh day in a row on Monday, led higher by strong export demand gains in the soymeal market, traders said. Chicago Board of Trade wheat and corn futures fell for the third day in a row, pressured by poor export prospects and ample supplies of […] Read more
U.S. grains: Exports support soybeans after U.S. holiday
Reuters — Chicago Board of Trade soybean futures rose on Friday to a new four-month high as stronger-than-expected weekly exports and an easing dollar provided support as trading resumed after a holiday closure. Soybeans remained firm despite a decline in soyoil futures, which gave back some of the huge gains from Wednesday when vegetable oils […] Read more
U.S. grains: Soyoil jumps on new U.S. biofuel targets
Chicago | Reuters — Chicago Board of Trade soyoil futures surged nearly seven per cent on Wednesday after the U.S. government released final requirements for biofuel use for next year, analysts said. The strength in soyoil lifted soybeans, but CBOT wheat closed lower and corn was narrowly mixed, pressured by a stronger U.S. dollar and […] Read more
U.S. grains: Soybeans climb to four-month high
Chicago | Reuters — Chicago Board of Trade soybean futures hit a four-month high on Tuesday on strength in Chinese soy markets and technical buying, analysts said. Corn inched higher while wheat closed mixed ahead of the U.S. Thanksgiving holiday on Thursday. Chicago Board of Trade soybeans for January delivery settled up 9-3/4 cents at […] Read more
U.S. grains: Soy climbs on Asian oilseed strength, export data
Chicago | Reuters — U.S. soybean futures climbed more than two per cent on Monday and set a three-week high, led by strength in Asian oilseed markets and stronger-than-expected weekly export data, analysts said. Corn and wheat futures were also higher but trailed the advances in soybeans. Chicago Board of Trade January soybeans settled up […] Read more
U.S. grains: Wheat climbs on short-covering ahead of weekend
Chicago | Reuters — U.S. wheat futures rose about one per cent on Friday as dry weather and expectations of a drop in U.S. wheat plantings prompted short-covering ahead of the weekend, analysts said. Corn and soybeans also firmed in largely technical moves. Chicago Board of Trade December wheat settled up five cents at $4.08 […] Read more
U.S. grains: Wheat climbs on acreage view, short-covering
Chicago | Reuters — U.S. wheat futures rose about 1.5 per cent on Thursday as expectations for a drop in U.S. wheat plantings for 2017 and strong weekly export sales prompted short-covering, traders said. Corn and soybeans closed modestly higher on technical buying and strong weekly export sales. Chicago Board of Trade December wheat settled […] Read more
U.S. grains: Soybeans retreat as traders eye rising stockpiles
Chicago | Reuters — U.S. soybean futures fell on Wednesday as traders turned their attention to rising inventories from a record-large harvest and mostly favourable crop weather in South America, analysts said. Corn and wheat futures drifted lower, with this week’s surge in the dollar adding pressure. A firmer dollar tends to make U.S. goods […] Read more
U.S. grains: Corn and wheat up as crude oil soars
Chicago | Reuters — U.S. corn and wheat prices each rose more than one per cent on Tuesday as strength in crude oil helped the broader commodities sector rebound from sharp declines a day earlier, analysts said. Soybean futures were modestly higher, supported by bullish monthly U.S. crushing data. Chicago Board of Trade December corn […] Read more
Cyber-Savvy Farmer
