(Lisa Guenther photo)

U.S. grains: Wheat, corn firm on short covering

Chicago | Reuters — Chicago wheat futures closed higher on Wednesday on light short covering, one day after the spot contract fell about one per cent on better-than-expected U.S. wheat condition ratings. Corn futures firmed while soybeans ended flat after a choppy session. Chicago Board of Trade July wheat settled up three cents at $4.32-1/2






A wheat crop in progress on May 24, 2016 north of London, Ont. (Ralph Pearce photo)

U.S. grains: Wheat gains as dollar sags

Chicago | Reuters — U.S. wheat futures firmed on Wednesday, supported by a tumbling dollar and unwanted rains heading for the southern Plains growing area, analysts said. Corn followed wheat higher while soybeans ended modestly lower, retreating from early gains. Chicago Board of Trade July wheat settled up 2-3/4 cents at $4.27 per bushel, after