Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell on Friday on signs of weakening demand for U.S. exports as the South American harvest nears, traders said. Wheat futures also dropped, pressured by a round of profit-taking after K.C. hard red winter wheat hit a 4-1/2-month high. But concerns about crop
U.S. grains: Exports pressure corn, soybeans
U.S. grains: Wheat jumps as U.S. dollar falls
Chicago | Reuters –– U.S. wheat futures rose 1.6 per cent to their highest in nearly six weeks on Thursday on a round of short-covering after weakening overnight, traders said. Corn also firmed, extending its winning streak to five days. Strength in wheat lent support to the yellow grain while soybeans eased on a round
U.S. grains: Soybeans firm on bargain buying
Chicago | Reuters — U.S. soybean futures rose 1.9 per cent on Wednesday on a round of bargain buying following three straight days of declines that pushed the benchmark contract to its lowest since mid-November, traders said. Corn futures rose for the fourth session in a row as investors staked out positions ahead of annual
U.S. grains: Soybeans rise on export deal
Chicago | Reuters — U.S. soybean futures firmed on Friday, as a fresh export deal highlighted the robust overseas demand for the oilseed and also supported by lingering concerns about dry conditions in Argentina, traders said. Wheat futures were flat, retracing losses late in the session on a round of short-covering and worries about a
U.S. grains: Soy firms on technicals
Chicago | Reuters — U.S. soybean futures rose on Thursday, turning higher after testing key technical support levels, traders said. Corn and wheat futures weakened on a mild round of profit-taking. Wheat, which also was pressured by a firm U.S. dollar, had risen for the previous five days while corn was coming off a four
U.S. grains: Soybeans fall on Argentine rain view
Chicago | Reuters — U.S. soybean futures fell to a three-week low on Wednesday as forecasts for rain in dry areas of Argentina’s crop belt took out some of the weather premium built into the market, traders said. “Beans are seeing a little bit of pressure… amid a favourable weather forecast for Argentina,” CHS Hedging
U.S. grains: Corn hits five-month high
Chicago | Reuters — Chicago Board of Trade corn futures rose to a five-month high on Tuesday, with strong exports and technical buying supporting prices, traders said. Wheat futures also closed firm, their fourth straight day of gains, while soybeans eased on technical selling, traders said. CBOT wheat benefited from short-covering as investors unwound bearish
U.S. grains: Soy falls on Argentine rain view
Chicago | Reuters — U.S. soybean futures weakened on Monday on forecasts for some much-needed rain in dry parts of Argentina’s growing areas, traders said. Wheat and corn futures closed higher, with wheat receiving support from improving export hopes for U.S. supplies, traders said. Both grains traded in negative territory before buyers stepped in to
U.S. grains: Exports support gains in corn, soybeans
Chicago | Reuters — U.S. soybean futures rose on Tuesday with another round of export deals with China and concerns about dry weather in Argentina pushing prices higher, traders said. Short covering lent support to corn, which also benefited from overseas interest in U.S. supplies, but wheat closed lower, pressured by a strong U.S. dollar
U.S. grains: Corn, soybeans rally, pull wheat higher
Chicago | Reuters — U.S. soybean futures rose 1.5 per cent on Monday, snapping a four-session fall, as healthy overseas demand and rallies in Asian oilseed markets countered pressure from large global supplies, traders said. The gains in soybeans spilled over into corn and wheat markets, which also benefited from short covering by investment funds.