Grain Markets

CHICAGO, June 24 (Reuters) – U.S. FOB Gulf wheat basis values continued to surge on Tuesday led by soft red winter with quality concerns as harvest moves north, tightening supplies and pushing bids higher, traders said. * Corn and soybean FOB basis values were mostly steady against a back drop of soft futures although July

(Adds planting estimates, closing prices, paragraphs 5-8) * Drier weather expected to benefit U.S. wheat harvest * Soybeans fall after crop conditions top expectations * Crop ratings expected to be steady to higher next week By Tom Polansek CHICAGO, June 24 (Reuters) – U.S. wheat futures slid to a four-month low on Tuesday as the

CHICAGO, June 24 (Reuters) – U.S. soybean basis bids were steady to firmer and corn was steady on Tuesday, with farmer sales quiet as the drop in Chicago Board of Trade grain futures dampened selling interest, merchandisers said. * River terminals boosted their spot soybean 1 to 3 cents a bushel, trying to entice some

SYDNEY, June 24 (Reuters) – U.S. corn futures fell for a second session on Tuesday, extending two-day losses to more than 2.5 percent, as heavy rains across the Midwest stoked expectations of a bumper crop. FUNDAMENTALS * Chicago Board Of Trade front-month corn fell 0.7 percent to $4.41-1/2 a bushel, having closed down 1.9 percent

* Heavy rains seen as beneficial to crops, despite some flooding * Traders await weekly U.S. crop condition ratings * Egypt buys Russian, Romanian wheat in tender (Updates with U.S. trading, changes dateline from PARIS/SYDNEY) By Tom Polansek CHICAGO, June 23 (Reuters) – U.S. corn futures fell on Monday after topping a two-week high as

* Wheat jumps 1 percent on heavy rains * Corn touches 14-day top, up for fourth session * Soybeans hits 1-week high on tight old-crop stocks By Colin Packham SYDNEY, June 23 (Reuters) – U.S. wheat futures rose more than 1 percent on Monday, recouping most of previous session’s losses, as heavy rains across the

SYDNEY, June 23 (Reuters) – U.S. wheat futures rose on Monday, rebounding from losses of nearly 1.5 percent, as unfavorable weather across the U.S. Midwest and Plains continued to stoke fears over quality downgrades, though expectations for ample global stocks provided a cap to gains. FUNDAMENTALS * Front-month wheat rose 0.38 percent to $5.87-1/2 a

CHICAGO, June 20 (Reuters) – FOB Gulf corn values were steady to firm and soybeans steady while Egypt’s GASC put out a tender for August wheat cargoes after the close of Chicago futures, traders said on Friday. * FOB Gulf corn for July was offered 5 cents higher at 90 cents over CBOT July futures,

* Soybeans post fourth straight weekly decline * Corn hits highest since June 10 * Wheat falls on technical selling, harvest pressure (Adds closing prices) By Mark Weinraub CHICAGO, June 20 (Reuters) – U.S. soybean futures fell on Friday, capping their fourth straight losing week on profit taking and concerns about slowing demand from China,

SYDNEY, June 20 (Reuters) – U.S. corn futures edged lower for the first time in three sessions on Friday, but the grain was poised to record its first weekly climb in six weeks as unfavourable weather across the Midwest provided support.