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Daily Network News

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Tag Archives corn futures

(Lisa Guenther photo)
Crops, Markets, Weather

U.S. grains: Wheat jumps on global weather worries, corn follows

By GFM Network News, Michael Hirtzer May 21, 2015
Chicago | Reuters –– U.S. wheat futures rose more than one per cent on Thursday, lifted by worries that U.S. rains could reduce grain quality and that dry conditions in Russia and Canada would stress crops. Chicago Board of Trade corn futures also jumped, rising in sympathy with wheat, while soybeans were nearly unchanged, anchored

(Lisa Guenther photo)
Crops, Markets

CBOT weekly outlook: Soy, corn grind lower, watching weather

By GFM Network News, Phil Franz-Warkentin May 20, 2015
CNS Canada –– Great spring seeding conditions across much of the U.S. Midwest have weighed on soybean and corn futures at the Chicago Board of Trade — and the nearby bias remains pointed lower, barring a weather scare, according to an analyst. “The good growing conditions will keep (soybeans and corn) grinding lower,” said Terry


Planting corn in south-central Manitoba in May 2014. (Co-operator photo by Allan Dawson)
Crops, Markets

U.S. grains: Soy at seven-month low, corn weak on favourable weather

By GFM Network News, Michael Hirtzer May 20, 2015
Chicago | Reuters — U.S. soybeans fell to seven-month lows and corn to one-week lows on Wednesday, pressured by forecasts for nearly ideal growing conditions for the crops next week. Temperatures were seen warming up by next week after a chill that supported prices earlier this week. Coupled with recent rainfall in the U.S. Midwestern

(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Weather

U.S. grains: Soybeans fall to contract lows on speedy plantings

By GFM Network News, Michael Hirtzer May 19, 2015
Chicago | Reuters — U.S. soybeans fell to contract lows while corn eased 1.7 per cent on Tuesday, pressured by faster-than-normal spring plantings and overall favourable crop conditions in the U.S. Wheat futures tumbled two per cent at the Chicago Board of Trade, with all three markets reversing from gains in the previous session as


(Lisa Guenther photo)
Crops, Markets

U.S. grains: Wheat jumps on more U.S. rains, frost fears

By GFM Network News, Michael Hirtzer May 18, 2015
Chicago | Reuters — U.S. wheat surged more than two per cent to the highest level in a month on Monday as forecasts for rains in the U.S. Plains revived concerns about crop damage and encouraged buying among investors with large short positions. Worries that frost and cold temperatures could reduce yields in the northern

(Lisa Guenther photo)
Crops, Markets

U.S. grains: Wheat retreats from one-month high

By GFM Network News, Julie Ingwersen May 15, 2015
Chicago | Reuters — U.S. wheat prices fell on Friday in a technical setback from a one-month high and a seven per cent surge a day earlier, traders said. Corn and soybeans also eased as U.S. crop prospects remained bright amid generally favourable weather in the Midwest. At the Chicago Board of Trade, July wheat


(Lisa Guenther photo)
Crops, Markets

U.S. grains: Wheat surges as funds cover short positions

By GFM Network News, Julie Ingwersen May 14, 2015
Chicago | Reuters — U.S. wheat futures surged seven per cent on Thursday as a softer dollar inspired funds to cover short positions, analysts said. Corn followed wheat higher, while soybeans closed flat after a private forecast for record-high U.S. soybean plantings. At the Chicago Board of Trade, July wheat settled up 32-3/4 cents at

(Lisa Guenther photo)
Crops, Markets

CBOT weekly outlook: Corn, soybeans trending sideways to lower

By GFM Network News, Terryn Shiells May 13, 2015
CNS Canada –– Chicago Board of Trade corn and soybean futures moved sharply lower during the week ended Wednesday, and are expected to trend sideways to weaker for the rest of the month. Traders are going to focus on spring weather and seeding conditions until more acreage and yield estimates for the 2015-16 crops are


(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Soy, wheat, corn post light gains in technical trade

By GFM Network News, Julie Ingwersen May 13, 2015
Chicago | Reuters — U.S. soybean futures rose slightly on short-covering on Wednesday after falling nearly two per cent a day earlier when a U.S. Agriculture Department report projected domestic soy stocks would rise to a nine-year high. Wheat and corn futures also edged higher on largely technical buying with ample global grain supplies limiting

(USDA.gov via Flickr)
Crops, Markets

U.S. grains: Soybeans slide as USDA forecasts ballooning stocks

By GFM Network News, Julie Ingwersen May 12, 2015
Chicago | Reuters –– Chicago Board of Trade soybean futures fell nearly two per cent on Tuesday after the U.S. Department of Agriculture projected domestic stocks would rise to 500 million bushels by the end of the 2015-16 marketing year, a nine-year high if realized. Corn ended almost unchanged after sliding to its lowest level


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