The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

U.S. grains: Chicago corn, soybeans and wheat firm ahead of crop estimate

Chicago | Reuters — Chicago corn, soybean and wheat futures ticked up on Monday as traders awaited U.S. government harvest estimates later this week, with shrinking trade expectations on what are still expected to be large crops, according to analysts. A weaker dollar also underpinned grains and soybeans. Chicago Board of Trade most-active December corn










Production of Ford’s F-150 Lightning pickup at Dearborn, Mich. (Media.ford.com)

Ford to suspend or cut plants’ output on chip shortage

San Francisco | Reuters — Ford Motor Co. plans to suspend or cut production at eight of its factories in the U.S., Canada and Mexico throughout next week because of chip supply constraints, a spokeswoman told Reuters on Friday. The changes come a day after the Detroit automaker warned a chip shortage would lead to


(CMEGroup.com)

Coronavirus threatens Chicago’s last remaining trading pits

Grain options pits remain closed, for now

Chicago | Reuters — Chicago brokers and traders worry COVID-19 will kill more of the city’s once famous shout-and-gesture trading pits. CME Group, which owns the Chicago Board of Trade, said this week that most of the pits it closed in March because of the pandemic will remain shuttered indefinitely. The news disappointed some brokers

(Medioimages/Photodisc/Getty Images)

CBOT weekly outlook: Harvest activity drops commodities

MarketsFarm — Commodities on the Chicago Board of Trade were mostly lower Wednesday amid a slower news week and harvest activity putting pressure on prices. “We’ve had a quieter week,” said Steve Georgy of Allendale Inc. at McHenry, Ill. “The market starts to fall of its own weight as we’re in harvest season.” Harvest activity,