(Photo courtesy United Soybean Board)

U.S. grains: CBOT soy rallies on export demand

Chicago | Reuters — U.S. soybean futures rose 1.1 per cent on Tuesday, supported by strong export demand for U.S. supplies despite a massive crop from South American producers Brazil and Argentina. Technical buying also helped fuel a rally in the soybean market, which closed near session highs. Chicago Board of Trade soft red winter


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

U.S. grains: Wheat, corn bounce on short-covering

Chicago | Reuters — U.S. wheat futures rose on Friday, supported by lingering concerns about crop damage in the U.S. Plains following a snow storm at the weekend. Short-covering also contributed to the wheat gains as traders covered bearish bets following a sell-off on Thursday. Corn futures also rose, with traders noting short-covering as a




(Photo courtesy Canada Beef Inc.)

U.S. grains: CBOT wheat futures weaken

Chicago | Reuters — Chicago Board of Trade wheat futures eased on Tuesday, partially retreating from a sharp rally on some profit-taking, traders said. But K.C. hard red winter wheat futures firmed, extending their rally amid concerns that a snowstorm in the U.S. Plains during the weekend caused severe damage to the maturing crop there.