Chicago | Reuters — U.S. wheat futures climbed to a one-week high on Monday on short-covering and concerns about the possibility that Russia might limit exports, traders said. Soybeans rose, led by soymeal, while corn ended nearly unchanged. At the Chicago Board of Trade, March wheat settled up six cents at $4.81-1/2 per bushel (all
U.S. grains: Wheat up on talk of Russia curbing exports
U.S. grains: Soy and grains post annual declines
Chicago | Reuters — U.S. soybean futures fell on Thursday as traders eyed forecasts for much-needed rains in Brazil, while corn and wheat ended narrowly mixed in light year-end trading. All three commodities posted annual declines for 2015. Markets will be closed on Friday for the New Year’s Day holiday. “Going into the weekend with
Cargill to sell crop insurance unit to Silveus
Reuters — Global commodities trader Cargill will sell its crop insurance business to the Silveus Insurance Group next month, the two companies said Tuesday. The deal will close the second week in January, said Tyler Silveus, CEO for Silveus, based in Warsaw, Indiana. “We are not disclosing terms of the deal, other than we are
U.S. grains: Wheat rallies on bargain-buying, fund short-covering
Chicago | Reuters — U.S. wheat futures rose roughly two per cent on Tuesday to hit a one-week high on bargain buying and concerns about crop prospects in the southern Midwest, traders said. Soybeans were also higher while corn futures firmed, rallying from contract lows as wheat advanced. At the Chicago Board of Trade, March
Flooding in U.S. Midwest threatens winter wheat
Chicago | Reuters — Heavy weekend storms caused flooding in parts of the southern U.S. Midwest, threatening the region’s soft red winter wheat, crop experts said on Monday. A swath of eastern Texas, Arkansas, Missouri and southern Illinois received 7.5 to 18 cm of rain with localized totals of up to 25 cm, MDA Weather
U.S. grains: Soybeans fall on improved Brazil weather forecasts
Chicago | Reuters — Chicago Board of Trade soybean futures fell for a fifth straight session on Monday as forecasts for rains across Brazil’s key producing region Mato Grosso eased concerns of potential yield losses in the world’s largest exporter. Corn futures fell to life-of-contract lows on fears of slowing export demand, and wheat followed
U.S. grains: Soybeans, corn climb, rallying from last week’s lows
Chicago | Reuters –– U.S. soybean futures hit three-week highs on Monday on bargain buying and a technical rebound from long-term lows established last week, traders said. Corn also firmed at the Chicago Board of Trade while wheat ended mixed, with nearby contracts pressured by larger-than-expected deliveries against the December contract. At the CBOT, January
U.S. grains: Wheat firms but weak exports limit gains
Chicago | Reuters — U.S. wheat futures firmed on Thursday on technical buying including short-covering, but advances were modest as export sentiment remained gloomy. Soybean futures also rose while corn closed narrowly mixed. At the Chicago Board of Trade, December wheat settled up 3-1/4 cents at $4.98 a bushel, after briefly trading above $5 for
U.S. grains: Wheat firms on technical buying; corn, soy also firm
Chicago/Reuters – Wheat prices rose about 1.4 per cent on Tuesday, rebounding in largely technical trade on ideas that a sell-off of nearly 3 per cent a day earlier was overdone, traders said. Corn and soybeans were also higher, supported by firm U.S.cash markets. At the Chicago Board of Trade as of 12:54 p.m. CST (1854 GMT), December wheat was
U.S. grains: Wheat falls below $5 on global supply, forecasts
Chicago | Reuters –– Chicago Board of Trade wheat futures fell roughly two per cent on Friday, dropping below US$5 a bushel amid plentiful global supplies and forecasts for timely rains in the U.S. Plains, analysts said. Corn firmed after hitting a one-month low ahead of a busy U.S. harvest weekend. Soybean futures fell on