Chicago/Reuters – U.S. soybean futures firmed on Wednesday, posting a mild recovery from two days of losses after holding technical support above the one-year lows hit last week. Corn futures ended flat, while wheat weakened as plentiful world stocks suppressed an early rally attempt. Traders said the market was assessing the chances for drier spells
U.S. grains: Soy futures edge higher
U.S. grains: Soybeans, corn drop as wheat edges higher
Chicago | Reuters — U.S. soybean futures fell on Tuesday for the second day in a row, hitting a one-week low as traders locked in profits from last week’s rally. Corn futures sank 1.4 per cent, as the latest weather outlook called for dry conditions in the Midwest that will allow farmers to pick up
U.S. soy acreage forecast at all-time high despite plentiful stocks
USDA spring report calls for bigger bean planting and falling corn acres
U.S. farmers plan to seed a record amount of soybean acreage this spring, even with supplies trending near all-time highs, the government said March 31. Growers will dial back their corn seedings this spring despite signs of firm demand as record stocks have cast a bearish tone over the futures and cash markets this year,
U.S. grains: Wheat leads grains lower on U.S. rains
Chicago | Reuters — U.S. wheat futures fell on Monday as rains and mild temperatures in key growing areas of the U.S. Midwest and Plains bolstered expectations for harvest, traders said. The most-actively traded Chicago Board of Trade soft red winter wheat contract sank two per cent and hit a 10-day low. K.C. hard red
U.S. soy acreage forecast at all-time high despite plentiful stocks
Reuters – U.S. farmers plan to seed a record amount of soybean acreage this spring, even with supplies trending near all-time highs, the government said Mar. 31. Growers will dial back their corn seedings this spring despite signs of firm demand as record stocks have cast a bearish tone over the futures and cash markets
U.S. grains: CBOT soybeans, corn fall
Chicago | Reuters — U.S. soybean futures dropped 1.6 per cent on Friday to their lowest level in more than five months on pressure from rising forecasts for already-robust South American harvests, traders said. Corn futures also weakened, hitting their lowest level since Jan. 13. Chicago Board of Trade soft red winter wheat rose on
U.S. grains: Crop prospects drag on soybeans
Chicago | Reuters — U.S. soybean futures weakened on Wednesday, with prospects for bumper harvests in South America and record U.S. plantings weighing on the beaten-down market, traders said. Corn and wheat futures also closed in negative territory. Both grains have fallen for three days in a row. The outlook for rain in the U.S.
U.S. grains: Wheat, corn fall to multi-week lows
Chicago | Reuters — U.S. wheat futures dropped to their lowest level in more than six weeks on Tuesday, their second straight day of declines, as weather forecasts bolstered expectations for strong yields adding to already-abundant supplies in the coming weeks, traders said. Corn futures also fell, hitting their lowest since Feb. 1, on pressure
U.S. grains: Wheat drops on outlook for Plains rains
Chicago | Reuters — U.S. wheat futures fell on Monday, led lower by a 1.9 per cent drop in K.C. hard red winter wheat amid forecasts for improving weather for crop development in key U.S. growing areas. “The U.S. Plains were dry over the weekend, but the next precip(itation) chance is on the way later
U.S. grains: Corn, wheat futures firm
Chicago | Reuters — U.S. corn and wheat futures closed slightly higher on Friday, as their recent rally from multi-week lows ran out of steam in the absence of fresh fundamental news, traders said. Soybeans weakened, their ninth decline in 10 sessions as the market remained anchored by expectations of a record crop in Brazil.