Grain Markets

(Updates with closing prices, adds new analyst quote) By Mark Weinraub CHICAGO, May 16 (Reuters) – U.S. wheat futures fell for an eighth straight session on Friday, on track for their longest losing streak since June, due to poor demand for U.S. offerings on the export market despite the streak of declines. “There is not

May 16 (Reuters) – Corn spot basis bids were steady to higher around the U.S. Midwest early on Friday as farmers held off on booking corn crop sales, dealers said. * Corn bids increased by 2 cents per bushel at ethanol plants in Illinois and Iowa. * Soybean bids were steady to higher at processors

SYDNEY, May 16 (Reuters) – U.S. corn futures opened steady on Friday, though remained near the lowest in 1 1/2 months, as the grain headed for its biggest weekly slide in nearly 11 months on forecasts for improved crop weather in the northern areas of the U.S. Corn Belt. FUNDAMENTALS * Chicago Board Of Trade

CHICAGO, May 15 (Reuters) – U.S. FOB Gulf soybean basis offers were 5 cents a bushel firmer for old-crop loadings and 1-2 cents firmer for new-crop loadings after futures dropped sharply on Thursday, traders said. * Corn and wheat basis offers were steady after futures fell on profit-taking. Exporters said inquiries for corn were still

May 15 (Reuters) – Basis bids for corn and soybeans shipped by barge to the U.S. Gulf Coast were steady to higher early on Thursday as lower futures prices at the Chicago Board of Trade kept farmer offerings of the crops to a minimum, traders said.

May 15 (Reuters) – Corn spot basis bids were steady to higher around the U.S. Midwest early on Thursday in quiet trade as rainy weather kept farmers out of the fields, dealers said. * Soybean bids were steady to narrowly mixed at processors and river terminals. * A couple processors increased their soybean bids as

May 15 (Reuters) – Following are U.S. trade expectations for the opening of the Chicago Board of Trade grain and soy complex trading at 8:30 a.m. CDT (1330 GMT) on Thursday.

SYDNEY, May 15 (Reuters) – U.S. wheat futures fell for a seventh consecutive session on Thursday as the grain continued to come under sustained pressure from forecasts for ample global stocks. FUNDAMENTALS * Chicago Board Of Trade July wheat fell 0.1 percent to $6.89-1/4 a bushel, having closed down 2.7 percent on Wednesday, its biggest

* CBOT wheat drops 2.7 percent as losing streak hits sixth day * Corn off 1.4 percent on wheat decline; planting progress weighs * Soybeans rise ahead of monthly processor data (Updates with closing prices) By Mark Weinraub CHICAGO, May 14 (Reuters) – U.S. wheat futures fell for the sixth day in a row on

* Global 2014/15 wheat stocks seen up by almost 1 mln T to 187.4 mln T-USDA