Photo: Getty Images Plus

U.S. grains: Soybeans climb as soyoil futures surge

Chicago | Reuters – U.S. soybean futures rose one per cent on Thursday as reminders of strong domestic demand and a surge in soyoil futures overshadowed pressure from the imminent harvest of a massive Brazilian soy crop, analysts said. Corn and wheat futures ticked lower, anchored by plentiful global grain supplies. Chicago Board of Trade



Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: Corn, soybeans recover from 3-month low on technical bounce

Chicago | Reuters – Chicago corn and soybean futures steadied on a technical bounce on Wednesday after sliding to their lowest since October this week, with traders weighing larger-than-anticipated U.S. supply forecasts, Chinese demand and crop prospects in South America. Wheat futures were little changed as the market also paused following losses triggered by U.S.