Grain Markets

* U.S. crop tour finds wheat yields well below average * July wheat contract records longest ever rally * Corn flat, soybeans edge lower By Colin Packham SYDNEY, May 1 (Reuters) – Chicago wheat futures rose for an eighth consecutive session on Thursday, trading near a five-week high, as a widely watched U.S. crop tour

SYDNEY, May 1 (Reuters) – U.S. wheat futures rose for the eighth consecutive session on Thursday, hovering close to a five-week high hit in the previous session, as a widely watched U.S. crop tour reported yields well below historical averages due to dry weather. FUNDAMENTALS * Chicago Board Of Trade July wheat rose 0.17 percent

(Recasts, updates prices, adds analyst comments; changes byline, dateline, previously HAMBURG/SINGAPORE) By Michael Hirtzer CHICAGO, April 30 (Reuters) – U.S. corn fell on Wednesday, snapping four-sessions of gains, as the stockpile of grain-based ethanol hit a nine-month high and meteorologists forecast more favorable conditions for U.S. plantings. Soybean futures also eased while wheat reversed from

April 30 (Reuters) – Spot basis bids for corn and soybeans were mostly steady at processors and elevators around the U.S. Midwest early on Wednesday in quiet trading as lower Chicago Board of Trade futures pressured cash prices, dealers said. * Farmers were not interested in booking old-crop sales with lower CBOT corn and soybean

April 29 (Reuters) - Basis bids for soybeans shipped by barge to the U.S. Gulf Coast climbed to the highest level in about a week early on Tuesday, supported by light spot demand and tight supplies, traders said.

SYDNEY, April 29 (Reuters) - U.S. corn futures rose for a third straight session on Wednesday to hover close to a near three-week high after the U.S. Department of Agriculture said the pace of planting fell short of market expectations. FUNDAMENTALS * Chicago Board Of Trade July corn rose 0.4 percent to $5.15-3/4 a bushel,

April 28 (Reuters) - Spot basis bids for corn were mostly steady at processors and elevators around the U.S. Midwest early on Monday as farmers inquired about pricing, dealers said. * Dealers noted several farmers were asking about corn prices, and some sold light amounts of crops in the Western Corn Belt as prices hovered

April 28 (Reuters) - Basis bids for corn and soybeans shipped by barge to the U.S. Gulf Coast held mostly steady early on Monday as support from slow farmer sales was largely offset by pressure from limited exporter demand, traders said.

April 25 (Reuters) - Corn spot basis bids held mostly steady at processors and elevators around the U.S. Midwest on Friday as rainy conditions stalled planting in the Eastern Corn Belt, grain merchants said. * "These weather conditions certainly are not ideal," a Chicago-based grain trader said. * Corn basis bids firmed by 1 cent

April 24 (Reuters) - Spot basis bids for soybeans were steady to higher at processors and elevators around the U.S. Midwest early on Thursday in quiet trading as farmers in the eastern Corn Belt worked in the fields, dealers said. * Old-crop soybean supplies were tight, and farmers waited for higher prices to sell what