Chicago | Reuters — U.S. wheat futures fell about two per cent on Monday, joining a broad decline in commodities as the dollar roared to an 11-month high, analysts said. Soybeans and corn also sagged, with a sell-off in Chinese soy futures adding pressure. Chicago Board of Trade December wheat settled down nine cents at […] Read more
Tag Archives wheat futures
U.S. grains: Wheat down as U.S. dollar pressures commodities
U.S. grains: Soy, corn rebound on technical buying; wheat lower
Chicago/Reuters – U.S. soybean futures rallied on Thursday, rebounding on technical buying after the previous session’s steep losses, while corn edged higher and wheat lower in choppy trading as the dollar rose, traders said. All three commodities pared earlier gains, with the U.S. Department of Agriculture’s monthly forecast on Wednesday for larger-than-expected and record-large U.S. […] Read more
U.S. grains: Corn nears one-month low after USDA raises harvest estimate
Chicago/Reuters – U.S. corn futures slid on Wednesday to their lowest level in almost a month and soybean futures weakened after the U.S. Department of Agriculture raised its domestic harvest estimates from already record-high levels. In a monthly report, the USDA said farmers will grow 15.226 billion bushels of corn this year, with an average […] Read more
U.S. grains: Soybeans, corn climb on fund-driven buying
Chicago/Reuters – U.S. soybean futures rose on Tuesday as fresh capital flowed into grain and oilseed markets a day ahead of a monthly government crop report and ahead of the results of the U.S. presidential election, analysts said. Corn futures jumped two per cent to a one-week high and wheat followed the firm trend. At […] Read more
U.S. grains: U.S. soybeans extend gains on export demand, grains ease
Chicago/Reuters – U.S. soybean futures rose for the third straight session on Monday, boosted by robust export demand, while wheat and corn futures eased due to caution ahead of Tuesday’s U.S. elections and a key supply-demand report. Chicago Board of Trade soybean and soymeal prices each gained nearly 1 percent after the U.S. Department of […] Read more
U.S. grains: Soy, wheat edge higher on fund buying ahead of USDA report
Chicago/Reuters – U.S. soybean, wheat and corn futures were slightly higher on Friday, boosted by light investment fund buying ahead of next week’s presidential election and U.S. Department of Agriculture monthly supply and demand data, traders said. Chicago Board of Trade corn and soybean futures fell sharply for the week, despite Friday’s modest gains, while wheat […] Read more
U.S. grains: Wheat drops, soy edges up after U.S. export sales data
Chicago/Reuters – U.S. wheat futures fell more than one per cent on Thursday and soybean and corn prices rose slightly as markets took cues from U.S. Department of Agriculture export sales data, traders said. Export sales of 2.5 million tonnes of U.S. soybeans and 1.47 million tonnes of corn topped analysts’ estimates. Wheat export sales […] Read more
U.S. grains: Soy, corn sag ahead of USDA report, election
Chicago | Reuters — U.S. soybean futures fell on Wednesday for a fourth straight session on long liquidation and profit-taking ahead of a key government crop report and market jitters over next week’s presidential election, analysts said. Corn also declined, with the December contract nearing a three-week low. Wheat firmed on short-covering as investors headed […] Read more
U.S. grains: Soy, corn fall on big U.S. crops
Chicago | Reuters — Chicago Board of Trade soybean and corn futures fell on Tuesday on expectations the U.S. Department of Agriculture might raise its forecast of the U.S. soybean yield in a monthly report next week, traders said. Wheat followed the weak trend, with global grain supplies adding pressure. CBOT January soybeans settled down […] Read more
U.S. grains: Wheat jumps on short-covering
Chicago | Reuters — Chicago Board of Trade wheat futures climbed more than one per cent on Monday as traders covered short positions following U.S. regulatory data last week showing an unexpectedly large build in bearish wheat bets. Soybean and corn futures both were flat to narrowly mixed in thin-volume trading, with some soybean contracts […] Read more
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