Chicago | Reuters — Cash prices for top quality U.S. hard red spring wheat are soaring as the rain-delayed harvest throws up lower-than-average protein levels, and traders and analysts said outsized premiums are likely to continue for months. Farmers are expecting the largest harvest in four years as wet, cool weather swells yields. But that
U.S. spring wheat protein premiums soar after wet, cool summer
U.S. grains: Wheat to four-year lows on rising world supplies
Chicago | Reuters –– U.S. wheat futures fell to a four-year low on Friday and posted their biggest weekly loss since July on weak export prospects and rising global supplies, traders said. Corn futures followed wheat lower but held above the previous day’s multiyear lows, and soybeans firmed, underpinned by short covering ahead of forecasts
U.S. grains: New-crop soybeans fall below $10 as big harvest looms
Chicago | Reuters –– U.S. benchmark new-crop soybean futures dropped below US$10 a bushel on Tuesday, pressured by strong yield reports from the start of the harvest and diminished fears about frost in the Midwest, traders said. New-crop futures in soybeans, corn and wheat all fell to contract lows, fueling chart-based selling. At the Chicago
U.S. grains: Corn sags on harvest expectations, freeze fears wane
Chicago | Reuters — U.S. corn prices fell more than two per cent Monday on expectations the government will raise its production forecasts to record highs this week and that a possible frost in the upper Midwest will cause only minor damage. “We are in downtrends for everything,” said Robert Bresnahan of Trilateral Inc. “Last
U.S. grains: Corn, soybeans slide on outlook for record crops
Reuters — Chicago corn futures fell on Monday after two straight days of gains while soybeans slid to a contract low on forecasts of record crops in the U.S. Wheat also weakened on profit-taking as the focus returned to large global crops. Chicago Board of Trade new-crop December corn fell 1.1 per cent or four
U.S. grains: Wheat hits one-month high on Black Sea political turmoil
Chicago | Reuters –– U.S. wheat rose to a one-month high on Wednesday as renewed political conflict in the Black Sea grain export region and worries about European crop quality prompted investors to cover short positions, traders said. Corn and soybeans followed wheat higher. At the Chicago Board of Trade, wheat for September delivery settled
GRAINS: U.S. soybeans extend advance on exports, weather worries
Reuters — U.S. soybean prices rose to a near two-week high on Thursday on firm export demand and concerns that dry weather in parts of the Midwest crop belt might jeopardize yield prospects, traders said. Corn futures fell to fresh four-year lows, retreating from early gains, and wheat also fell. At the Chicago Board of
GRAINS: Soybeans hit over one-week high, U.S. old-crop supply tightens
Reuters — Front-month soybean futures rose to their highest level in more than a week on Wednesday, supported by firming U.S. cash markets as supplies of old-crop soybeans dwindle with the autumn harvest still about two months away, traders said. Corn futures fell to a fresh four-year low while wheat was mixed in choppy trade.
GRAINS: U.S. corn slides to 4-yr lows on bright harvest prospects
U.S. corn futures drifted to fresh four-year lows on Tuesday, erasing early gains as favorable weather forecasts bolstered expectations for a bumper harvest, traders said. Wheat followed corn down. Soybeans closed mostly lower, led by new-crop months, but the spot August contract rose on export demand for U.S. soybeans and soymeal. At the Chicago Board
GRAINS: U.S. corn drops to four-year low as weather stays favourable
U.S. corn futures fell 2 per cent to a four-year low on Monday with all months notching contract lows as ideal weather in the heart of the Midwest signaled a bumper harvest, traders said. Soybeans were also sharply lower, with wheat following suit. At the Chicago Board of Trade at 12:05 p.m. CDT (1705 GMT),