Chicago Board of Trade corn and soybean futures closed at their lowest in roughly a month Friday, pushed down by seasonal pressure from the start of the U.S. harvest, traders said. Wheat followed the weaker trend on profit-taking after Thursday’s rally and news of favourable planting weather in the U.S. Plains. At the CBOT, December
CBOT corn, soybeans tumble as U.S. harvest begins
U.S. wheat rallies on exports, short-covering; soy sags
Chicago Board of Trade wheat futures rose 1.6 per cent Thursday, their biggest daily gain in three and a half weeks as strong weekly U.S. export sales and technical factors inspired investors to cover short positions, traders said. Corn followed wheat higher but gains were not as robust as the U.S. harvest got underway. Soybeans
CBOT soy higher after three-day slide
Chicago Board of Trade soybean futures rose for the first time in four sessions on Wednesday on bargain buying a day after the benchmark November contract fell to a three-week low, and as worries about tight U.S. supplies lingered. Corn and wheat also firmed, rallying near the closing bell on a drop in the value
U.S. soybeans fall on technicals, harvest
Chicago Board of Trade soybean futures fell for a third straight session on Tuesday on technical weakness and softening cash markets ahead of the U.S. harvest, traders said. Corn also eased reversing gains tied to government data indicating a smaller U.S. planted area than the current official estimate, while wheat held firm on short-covering. At
CBOT soybeans fall two per cent as rain tempers worries
U.S. soybeans fell two per cent on Monday for the second straight session as forecasts for more rain this week eased concerns about declining U.S. harvest prospects and offset a tighter-than-expected supply outlook from the government. Corn slipped on reports of big yields from the early U.S. harvest, adding to a sharp drop since last
Profit-taking, weather pressure new-crop U.S. corn, soy
New-crop U.S. soybean and corn futures sank on Friday as updated weather forecasts scaled back the threat of hot and dry weather in the Corn Belt and traders took profits following recent gains. Nearby July contracts expired after gyrating in extremely volatile trading. At the Chicago Board of Trade, November soybeans, representing the crop that
U.S. wheat higher for fourth session after USDA data
U.S. wheat futures rose for a fourth day on Thursday, as investors covered short positions after the U.S. Department of Agriculture lowered its forecasts of U.S. and global wheat stockpiles below trade expectations. Corn and soybean futures followed wheat higher, with benchmark November soybeans also posting a fourth straight gain. At the Chicago Board of
Chicago soybeans near three-week high on weather concerns
U.S. new-crop soybean futures rose to a nearly three-week high on Wednesday on worries about planting delays and potentially stressful crop weather, traders said. Corn futures ended mixed with new-crop December edging lower, while wheat was mostly higher. At the Chicago Board of Trade, new-crop November soybeans ended up 8-1/2 cents at $12.84-3/4 per bushel
U.S. corn, soybeans climb on Midwest weather jitters
New-crop corn and soybean futures on the Chicago Board of Trade rose on Tuesday for a second straight session on fears that hot, dry weather in parts of the U.S. Midwest later this month could stress crops, traders said. Wheat rose two per cent as recent export demand from China and signs that the U.S.
Corn, soy higher on worries about late-July U.S. weather
U.S. corn and soybean prices rose Monday on forecasts for stressful heat in the Midwest later this month, with the new-crop December corn contract rebounding from a 2-1/2 year low set last week. Soybeans drew additional support from tight U.S. cash supplies of soybeans and soymeal which lifted the front months of both products to
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