Chicago | Reuters –– U.S. wheat futures fell from a 5-1/2-week high on Thursday on a round of profit-taking following a six-session rally that had pushed prices up 9.2 per cent, traders said. “We came pretty far, pretty fast off our lows,” said Chris Robinson, senior trader at Top Third Ag Marketing. “It is not
U.S. grains: Wheat closes lower, ending rally
U.S. grains: Corn, soybean futures fall on rain, harvest outlooks
Chicago | Reuters — U.S. soybean futures fell on Tuesday as expectations for a bumper U.S. harvest rose on overnight rains across a broad stretch of the Midwest and a government report showing the crop in better shape than expected, traders said. The storms, which eased lingering concerns about dry weather during the past few
GRAINS: Soybeans, wheat firm on strong exports; corn weakens on weather
U.S. soybean futures rose on Thursday on signs that demand will keep domestic supplies tight until harvest, while corn weakened due to forecasts for more crop-boosting rain in the U.S. Midwest, traders said. “The beans firmed up due to some speculators taking advantage of the weakness earlier in light of the very strong demand we
GRAINS – U.S. wheat rises on bargain buying bounce; soybeans fall
CHICAGO, July 30 (Reuters) – U.S. wheat futures rose 1.4 per cent on Wednesday, rebounding from contract lows hit on Tuesday on a round of bargain buying and signs of overseas demand, traders said. Corn futures firmed slightly, with bargain hunting and short covering providing a base of support following a 1.7 per cent decline on Tuesday. Soybeans dropped, led
GRAINS – U.S. corn, soybeans, wheat drop after recent gains
CHICAGO, July 29 (Reuters) – U.S. wheat futures fell 2.8 per cent to fresh contract lows on Tuesday due to plentiful global supplies as well as strong competition on the export market, traders said. Corn and soybean futures also fell as forecasts for rain in the U.S. Midwest next week alleviated concerns about dry conditions reducing harvest prospects for both
U.S. soy, corn ratings drop for first time in more than a month
U.S. corn and soybean condition ratings fell in the latest week, the U.S. Agriculture Department said on Monday, the first decline for both crops in five weeks. USDA said that soybeans were rated 71 percent good to excellent as of July 27, a 2 percentage point decline from a week earlier. Good-to-excellent ratings for corn
U.S. spring wheat yield prospects best in 22 years
Fargo, North Dakota/Reuters — The 2014 U.S. hard red spring wheat crop was projected to yield 48.6 bushels per acre, scouts on an annual crop tour said Thursday, the tour’s highest forecast in at least 22 years. The estimate was based on samples from 373 spring wheat fields assessed during the Wheat Quality Council’s three-day
ND wheat tour continues — yields variable in northwest
Bowbells, North Dakota/Reuters — Spring wheat yield potential in northwestern North Dakota was seen as variable, with much of the crop behind its typical development schedule following late planting, scouts on an annual tour found on Wednesday. On one route through Ward, Mountrail and Burke counties, scouts on the Wheat Quality Council’s annual tour projected
Tour sees ‘extraordinary’ wheat crop in North Dakota
Bismarck, North Dakota/Reuters — Big spring wheat yields were projected in southern North Dakota as abundant soil moisture and cool weather helped foster crop development following an uneven planting season, scouts on an annual crop tour found on Tuesday. “I think we have seen an extraordinary crop,” said Dan Wogsland, executive director of the North
Corn, soybean price drop may be premature
"I do think the market may have gone a little bit too far to the downside for the moment." Ted Seifried, vice-president of brokerage Zaner Group