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
CBOT soybeans fall two per cent as rain tempers worries
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
U.S. corn, soybeans fall on improving crop weather
U.S. corn and soybean futures fell for a second straight session on Friday on forecasts for optimal crop weather in the Midwest along with softening cash values for corn, traders said. Wheat futures settled modestly lower, but finished the week up 2.5 per cent, their biggest weekly rise since early May. At the Chicago Board
U.S. grains down on macroeconomic worries, weather outlooks
U.S. grain prices fell on Thursday amid a broad-based commodity selloff and a firming dollar, a day after the U.S. Federal Reserve signaled it was ready to slow down the pace of bond purchases. The Fed news sent shock waves across all the financial markets. Wall Street stocks fell more than two per cent, U.S.
U.S. wheat jumps on short-covering
U.S. wheat futures climbed nearly three per cent on Wednesday, their biggest daily rise since April, on buying and expectations of domestic demand for wheat as livestock feed, traders said. Corn and soybeans also advanced, led by new-crop contracts as forecasts for hotter, drier weather later this month in the U.S. Midwest raised concerns about
U.S. corn ends higher, led by new-crop contracts
U.S. corn futures rose on Tuesday, led by deferred contracts on technical buying and forecasts for potentially stressful hot weather in late June, traders said. “The thought of any high-pressure ridge — the market is very sensitive to that right now, after what happened last year,” said Sterling Smith, futures specialist with Citigroup in Chicago,