U.S. grains: soymeal makes biggest monthly gain since 1976

Chicago / Reuters – U.S. soymeal climbed 2 per cent on Friday, capping the commodity’s best monthly performance since 1976, as short-term supply strains in the United States continued to fuel buying. Soybeans also rose sharply and corn turned higher late, following gains in soymeal, while wheat declined on pressure from multiyear highs in the dollar that made the crops less competitive









(Canada Beef Inc. photo)

U.S. grains: Corn, soy rebound on short-covering

Chicago | Reuters — U.S. corn and soybeans edged higher on Wednesday as investors covered short positions after prices fell to multiyear lows earlier in the session, and as rains stalled record harvests in the U.S. Midwestern crop belt. Wheat futures also rose, stabilizing after reaching four-year lows last week. The gains followed the U.S.