* Soybeans rise for seventh straight session * Soybeans on course for biggest two-week jump since August 2012 * Wheat steady after biggest single-session rise in two weeks By Colin Packham SYDNEY, May 24 (Reuters) – U.S. soybeans rose for a seventh straight session on Friday as the oilseed closed in on its biggest two-week [...]
Category Archives Grain Markets
CORRECTED-GRAINS-Soybeans on course for biggest 2-week gain in nearly 9 months
(Corrects first paragraph to port strike in Argentina, not Brazil. Adds detail on strike ending in paragraph 12) SYDNEY, May 24 (Reuters) – U.S. soybeans fell for the first time in seven sessions on Friday, but are on course to post their biggest two-week gain since August 2012 as tight old-crop stocks, exacerbated by a [...]
GRAINS-Soybeans rise for sixth straight day on thin US supplies
* Soybeans up on thin stocks, South America shipping woes * Technically oversold wheat due for bounce, adds 2 percent * Strong export sales, weaker dollar also supportive (Recasts, adds quotes, details, updates with closing prices) By Sam Nelson and Karl Plume CHICAGO, May 23 (Reuters) – U.S. soybean prices rose for a sixth consecutive [...]
GRAINS-Corn edges lower after 3 pct gain on China demand
SYDNEY, May 23 (Reuters) – U.S. corn fell on Thursday as traders banked profits after the grain surged nearly 3 percent in the previous session on news of strong demand from China. FUNDAMENTALS * Chicago Board Of Trade July corn fell 0.38 percent to $6.56 a bushel, having gained 2.89 percent in the previous session. [...]
GRAINS-Corn edges up from 11-month low on bargain buying
SYDNEY, May 22 (Reuters) – U.S. new-crop corn rose on Tuesday on bargain buying after the grain slid to an 11-month low in the previous session when figures showing record planting by U.S. farmers weighed on prices. FUNDAMENTALS * Chicago Board Of Trade December corn, the most actively traded contract, rose 0.24 percent to $5.21-1/2 [...]
GRAINS-Corn falls after record planting pace; soy up again
* U.S. farmers set weekly planting record of 41.8 mln acres * Corn drop pushes wheat to seven-week low * Spot soybeans have risen 4.5 pct during four-day rally (Updates with closing prices, adds new analyst quote) By Mark Weinraub CHICAGO, May 21 (Reuters) – U.S. corn futures dropped 1.5 percent, to their lowest since [...]
GRAINS-New-crop corn falls 1 pct on record weekly planting
SYDNEY, May 21 (Reuters) – U.S. new-crop corn futures fell more than 1 percent on Tuesday after U.S. farmers surpassed market expectations by planting a record amount of the crop last week. FUNDAMENTALS * Chicago Board of Trade December corn, the most actively traded contract, fell 1.06 percent to $5.14-1/2 a bushel, having gained 0.14 [...]
GRAINS-Old-crop soy up 1.1 pct as supplies tighten
* Corn sags on expectations of record planting report * New-crop soybeans weak; old-crop surges * Wheat prices hit lowest since April 2 before short covering (Recasts, updates with closing prices, adds new analyst quote) By Mark Weinraub CHICAGO, May 20 (Reuters) – U.S. old-crop soybean futures gained 1.1 percent on Monday as investors bought [...]
GRAINS-Corn up nearly 2 percent with farmers busy planting
* Farmers plant corn rather than sell it * Front-month soybeans also rise on tight U.S. supplies * Showers in U.S., Black Sea and Australia weigh on wheat (Updates with closing prices) By Sam Nelson and Julie Ingwersen CHICAGO, May 17 (Reuters) – U.S. corn futures rose 1.8 percent on Friday, reversing three days of [...]
GRAINS-Corn firms as rains expected to slow planting, soy hits 7-week top
* Corn rises for first time in four sessions * Soybeans hit 7-week high on tight stocks * Wheat little changed after sharp losses in previous session By Colin Packham SYDNEY, May 17 (Reuters) – U.S. corn rose on Friday for the first time in four sessions as wet weather was forecast across the Midwest, [...]
