US Markets

* Corn, wheat prices lose more ground on hopes of higher supply

CHICAGO, Aug 18 (Reuters) – U.S. FOB Gulf soybean basis offers firmed late on Monday as exporters pushed their bids to entice farmers to sell any remaining old-crop beans and book new-crop sales out of the South to help meet nearby commitments, traders said. * FOB corn and wheat basis values were steady with exporters

Aug 18 (Reuters) – Spot corn basis bids were steady to higher around the U.S. Midwest on Monday as farmers initially sold light amounts of the grain, but cash market sales tapered off as corn futures fell, dealers said. * Chicago Board of Trade corn futures settled more than 1 percent lower, pressured by favorable

* U.S. wheat drops after 2 sessions of strong gains * Easing concerns over Black Sea wheat supplies weigh * U.S. rains reduce concerns about scattered dryness (Updates with U.S. trading, previous dateline SINGAPORE/LONDON) By Tom Polansek CHICAGO, Aug 18 (Reuters) – U.S. wheat futures slid 1.5 percent on Monday, giving back some of the

SYDNEY, Aug 18 (Reuters) – U.S. wheat futures dropped nearly 1 percent on Monday, giving back nearly half their gains from the previous session as fears over potential disruptions to supply from the Black Sea region eased. FUNDAMENTALS * Chicago Board of Trade September wheat fell 0.91 percent to $5.41-1/4 a bushel, having closed up

CHICAGO, Aug 15 (Reuters) – U.S. FOB Gulf soybean basis offers eased slightly from lofty levels late Friday, while wheat values were softer after futures rallied on heightened political tensions between Russia and the Ukraine, traders said. * FOB corn was steady after a firm close in futures. * Continued strong interest for soybeans by

Aug 15 (Reuters) – Spot soybean basis bids jumped at processors around the U.S. Midwest again on Friday amid an effort to secure crushing supplies until the fall harvest begins, dealers said. * Basis bids increased by as much as 20 cents per bushel at processors in Illinois, Indiana and Iowa in an effort to

* Corn market “enjoying a renaissance” with gains -analyst * Rally expected to fade due to beneficial crop weather * Wheat advances as traders cover short positions (Updates with U.S. trading; changes byline, dateline, previous SYDNEY/LONDON) By Tom Polansek CHICAGO, Aug 15 (Reuters) – U.S. new-crop corn futures rose on Friday and looked poised to

CHICAGO, Aug 14 (Reuters) – U.S. FOB Gulf soybean, corn and wheat basis offers were steady late Thursday after the bounce in futures, traders said. * Expectations that a record large corn and soybean crop will move to export terminals as well as domestic markets this fall keeps freight costs high – a supportive factor