Chicago | Reuters — Chicago Board of Trade wheat fell below US$5 a bushel to its lowest in nearly a month on Tuesday, under continued pressure from forecasts of drought-relieving showers in the U.S. grain belt. Soybeans rallied from recent multimonth lows on bargain buying, and corn also firmed. At the CBOT, May wheat settled
U.S. grains: Wheat nears one-month low on rain in forecast
U.S. grains: Wheat wanes as rain expected on Plains
Chicago | Reuters –– Chicago Board of Trade wheat futures fell more than four per cent on Monday to the lowest in two weeks as forecasts for timely showers across dry U.S. crop regions eased concern over potential yield losses. Corn followed wheat lower, while soybeans fell on rising global stockpiles. At the CBOT, May
U.S. grains: Wheat up four per cent on dry Plains conditions
Chicago | Reuters — Chicago Board of Trade wheat futures rose more than four per cent on Monday as dry conditions in parts of the U.S. Plains, coupled with hot weather this week, prompted investors to cover positions, traders said. Corn followed wheat up and soybeans closed fractionally higher as traders focused on a pair
U.S. grains: Grains retreat as dollar soars
Chicago | Reuters — U.S. wheat futures retreated on Friday after a five-session rally, led by declines in corn and soybeans as a surging dollar prompted broad weakness in commodities. The dollar set a fresh 12-year high against the euro on expectations of a Federal Reserve interest rate hike. At the Chicago Board of Trade,
U.S. grains: Wheat extends rally on short-covering, dryness
Chicago | Reuters — U.S. wheat futures rose for a fifth straight session on Thursday, hitting a 1-1/2-week high on short-covering and worries over potential yield losses due to poor weather in parts of the U.S. crop belt, analysts said. Corn and soybeans closed lower, with both commodities retreating from early gains on disappointing weekly
U.S. grains: Wheat rises to one-week high on dry U.S. Plains
Chicago | Reuters — U.S. wheat futures rose 1.2 per cent to a one-week high on Wednesday, extending four-day gains to nearly four per cent on short-covering and concerns about dry weather in U.S. growing regions. Corn and soybeans also firmed, although renewed strength in the dollar capped rallies. At the Chicago Board of Trade,
U.S. grains: Soybeans sag after monthly USDA report
Chicago | Reuters –– Chicago Board of Trade soybean futures fell on Tuesday after the U.S. Department of Agriculture surprised analysts by leaving its forecast of domestic soy inventories unchanged in a monthly report. A strong dollar hung over the commodities sector, pressuring grains as well as crude oil and copper. But wheat closed higher,
U.S. grains: Wheat up 1.6 per cent in bounce from contract lows
Chicago | Reuters –– U.S. wheat futures rose 1.6 per cent on Monday, bouncing off the previous session’s contract lows on bargain-hunting and short-covering ahead of a monthly U.S. government crop report. Soybeans and corn also climbed in largely technical buying ahead of the U.S. Department of Agriculture’s supply/demand report due on Tuesday. At the
U.S. grains: Wheat up on prospects for Egyptian sales, softer dollar
Chicago | Reuters — Chicago Board of Trade wheat futures climbed nearly three per cent on Thursday, buoyed by a softer dollar and hopes for U.S. sales of the grain to top buyer Egypt, traders said. Soybeans rose, led by strength in soyoil and Malaysian palm oil, while corn ended firm after a choppy session.
U.S. grains: Wheat, corn, soy fall on month-end fund selling
Chicago | Reuters — U.S. wheat, corn and soybean futures fell to multi-month lows Friday on commodity fund liquidation at the month’s end amid ample world stocks and fears of slowing growth, traders said. “We are building in record crops in South America, and we are washing out some spec length. Nobody can look at