(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Exports spark gains in soybeans

Chicago | Reuters –– U.S. soybean futures rose 1.3 per cent on Thursday as the U.S. Agriculture Department’s report of stronger-than-expected exports spurred a round of short-covering, traders said. Corn futures were steady to weak, with the front-month contract settling unchanged while deferred contracts posted modest declines. Corn had fallen for six days in a



(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat rises on bargain buying

Chicago | Reuters — Chicago Board of Trade wheat futures firmed Wednesday, edging higher on a round of bargain buying and short-covering a day after prices hit their lowest in nearly six years, traders said. Corn and soybean futures were close to unchanged for most of the day but closed in negative territory. A bearish


(USDA.gov via Flickr)

U.S. grains: Wheat drops to lowest since 2010 on record supply estimate

Chicago | Reuters –– U.S. wheat futures dropped to their lowest level since 2010 after the U.S. government on Thursday said year-end global supplies would be the biggest in history. Prices crumbled as the U.S. Department of Agriculture’s forecasts for record-large world wheat production and ending stocks fuelled fears about excessive inventories. Concerns about large