Chicago | Reuters — U.S soybeans and corn futures fell on Wednesday, pressured by profit-taking after recent six-week highs and outlooks for needed rains in South America. Wheat settled narrowly higher at the Chicago Board of Trade after a more than one per cent drop in the dollar against a basket of currencies made U.S.
U.S. grains: Soy, corn ease from six-week highs
U.S. grains: Corn, wheat up on short-covering ahead of long weekend
Chicago | Reuters –– U.S. corn and wheat futures each jumped one per cent or more on Friday, shrugging off earlier losses as investors took profits on bearish short bets ahead of a three-day holiday weekend, traders and analysts said. Soybeans eased at the Chicago Board of Trade, pressured by a steep downturn in soymeal
U.S. grains: Wheat prices fall on hefty supplies
Chicago | Reuters — U.S. wheat fell for the second straight day on Thursday, pressured by technical selling, ample global supplies and lacklustre demand for U.S. shipments and dragged by Paris futures which hit a contract low early in the session. Chicago Board of Trade wheat futures extended declines after Euronext March milling wheat tumbled
U.S. grains: Corn, soy steady on technicals after big gains
Chicago | Reuters — U.S. corn and soybeans edged higher on Wednesday while wheat prices were slightly lower at the Chicago Board of Trade, with all three markets steadying after hitting multi-week peaks in the previous session following a bullish U.S. Department of Agriculture supply report. CBOT March wheat reached a fresh 2-1/2 week high
U.S. livestock: Hogs jump on expectations of tighter supplies
Chicago | Reuters — U.S. lean hog futures surged as much as 2.8 percent on Tuesday, in a bull-spreading rally on expectations of seasonally tighter supplies and ideas of stronger retail demand for pork, traders and analysts said. Investors were buying the Chicago Mercantile Exchange February lean hogs contract and selling deferred contracts such as
Ardent restarts Illinois flour mill after flooding
Chicago | Reuters –– The largest U.S. flour miller, Ardent Mills, has resumed operations in Alton, Illinois, as floodwaters along the Mississippi River receded while a mill at Chester, Ill. will remain down for weeks, company executives said Tuesday. Near record-high floodwaters following deadly winter storms forced the company to shut down the mills a
U.S. livestock: Feeder cattle rise on cash gains, wintry weather
Chicago | Reuters — U.S. feeder cattle futures rose on Monday, reversing earlier declines and extending steep gains of recent days as wintry weather hampered animal weight gains and feed prices tumbled, traders and analysts said. Live cattle futures steadied after falling sharply early in the session at the Chicago Mercantile Exchange, as big declines
U.S. grain prices soar as floods shut waterways, threaten crops
Chicago | Reuters — U.S. grain farmers scrambled to find shelter for their crops and handlers hunted for alternative transportation routes, as widespread floods shut waterways from Illinois to Missouri and spurred a surge in physical prices of corn and soybeans. The sudden jump in prices could complicate a months-long stand-off between farmers who are
Rising Mississippi waters bring barge traffic near halt
Chicago | Reuters –– Rapidly rising floodwaters brought barge traffic to a near standstill on the middle section of the Mississippi River on Monday, halting shipments of goods such as soybeans, concrete and road salt, government officials and traders said. The deadly storms have killed more than 40 people in flooding and tornadoes, snarling air
U.S. grains: Prices fall on technical selling, abundant supplies
Reuters — U.S. grain and soybean prices fell on Tuesday, weighed by technical selling and abundant global supplies. Soybeans and wheat gave up earlier gains that were based on weather concerns for developing crops, while corn led the way down in choppy trading ahead of Friday’s Christmas holiday. “There’s no real bullish news, so there’s