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U.S. grains: Corn dips again as China rejects U.S. cargoes

U.S. corn futures fell two per cent on Friday, their biggest single-day drop in nearly a month, on concerns about U.S. sales to China, a proposal to eliminate the U.S. ethanol mandate and the big global stockpile of the feed grain. Wheat fell to its lowest in 1-1/2 years on technical selling and abundant world[...]

U.S. corn up with farmers busy planting, not selling

U.S. corn futures rose 1.8 per cent on Friday, reversing three days of declines on strong cash markets as farmers focused on planting their 2013 crop rather than selling in the cash market, traders and analysts said. Soybeans rose for a second session, with the benchmark July contract reaching a two-month high on tight U.S.[...]


U.S. soy crumbles as China cancels purchases

Chicago Board of Trade (CBOT) soybean futures fell on Wednesday following news that China, the world's largest buyer of soybeans, had cancelled an order for U.S. soy. Corn was mixed, with old-crop falling on profit-taking. But new-crop December rose for the fifth day in a row, hitting a one-month high as wet weather hampered U.S.[...]

U.S. soybeans fall, wheat pares gains on macro worries

U.S. soybean futures fell 0.7 per cent on Friday, halting a three-day rally, while wheat and corn pared early gains as fears about the health of the global economy prompted investors to exit riskier assets. General Electric and McDonald's earnings disappointed and a perceived lack of progress on a Spanish bailout request reminded investors of[...]


U.S. corn hits record on eve of key crop report

U.S. corn rose one per cent to a record high on Thursday and new-crop soybeans rose three per cent a day ahead of a key U.S. government report that's expected to slash production estimates due to damage from the worst drought in 56 years. "People are putting risk premium back in ahead of the USDA[...]

U.S. corn, soy rally ahead of USDA report

U.S. corn futures rose nearly two per cent on Wednesday, halting a two-day sell-off, as traders positioned for a keenly awaited U.S. government crop report that may predict the lowest U.S. corn yield in 15 years. Additional support stemmed from scattered corn harvest reports that were even worse than expected as combines began to roll[...]