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Tag Archives corn futures

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat hits six-week high on dry weather worries

By GFM Network News, Tom Polansek April 2, 2015
Chicago | Reuters — U.S. wheat futures jumped to their highest level in six weeks on Thursday on worries that rains in the U.S. Plains next week will be insufficient to relieve intensifying drought conditions. Traders kept their eyes on weather forecasts after dryness in key parts of the Plains, including Nebraska and Oklahoma, sparked

(Lisa Guenther photo)
Crops, Markets

CBOT weekly: Corn, soy look to test post-report floors, ceilings

By Dave Sims, GFM Network News April 1, 2015
CNS Canada — Chicago Board of Trade corn and soybean futures saw choppy activity over the past week as traders had spent much of the period positioning themselves ahead of the release of the U.S. Department of Agriculture’s prospective plantings report. That choppiness is expected to continue as the market digests the report’s data and


(Lisa Guenther photo)
Crops, Markets

U.S. grains: Soy extends rally sparked by plantings report

By GFM Network News, Mark Weinraub April 1, 2015
Chicago | Reuters — U.S. soybean futures jumped 1.6 per cent on Wednesday, their third straight day of gains, as the U.S. government’s forecast for smaller-than-expected plantings of the oilseed continued to fuel buying. Corn and wheat also rose, rebounding from sharp losses on Tuesday as bargain buyers stepped in despite huge global supplies. A

(Lisa Guenther photo)
Crops, Markets

U.S. grains: Corn hit by one-two punch of plantings, stocks data

By GFM Network News, Tom Polansek March 31, 2015
Chicago | Reuters –– A double-whammy of U.S. crop reports pegging corn plantings and inventories above traders’ estimates knocked down grain futures on Tuesday and fuelled forecasts for further price declines. Taken together, the data lifted expectations for corn supplies after U.S. farmers brought in a record harvest last year, signalling a boon for livestock


(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Wheat up four per cent on dry Plains conditions

By GFM Network News, Julie Ingwersen March 30, 2015
Chicago | Reuters — Chicago Board of Trade wheat futures rose more than four per cent on Monday as dry conditions in parts of the U.S. Plains, coupled with hot weather this week, prompted investors to cover positions, traders said. Corn followed wheat up and soybeans closed fractionally higher as traders focused on a pair

(Lisa Guenther photo)
Crops, Markets

U.S. grains: Wheat rebounds ahead of USDA reports

By GFM Network News, Michael Hirtzer March 27, 2015
Chicago | Reuters — U.S. wheat climbed as much as two per cent in a bargain-buying bounce on Friday, rebounding after three sessions of steep declines that dragged futures into technically oversold territory. Soybean and corn futures each were lower at the Chicago Board of Trade (CBOT) with investors in all three trading pits squaring


(Lisa Guenther photo)
Crops, Markets

U.S. grains: Wheat down most in nearly two years on dollar rebound

By GFM Network News, Michael Hirtzer March 26, 2015
Chicago | Reuters –– U.S. grain and soybean futures reversed early gains to turn lower on Thursday on pressure from a higher dollar, with wheat’s three-session decline of more than six per cent the biggest such slide in nearly two years. The U.S. dollar, which rose in a rebound from a three-week low, makes goods

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat drops on forecast, corn hits three-week high

By GFM Network News, Michael Hirtzer March 25, 2015
Chicago | Reuters –– U.S. wheat fell for the third straight session on Wednesday, pressured by technical selling and forecasts for rains needed in the parched southern U.S. Plains growing region. But prices trimmed their losses while corn edged higher and soybeans lower in a choppy session at the Chicago Board of Trade (CBOT). The


(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Wheat tumbles after rally as rain monitored

By GFM Network News, Michael Hirtzer March 24, 2015
Chicago | Reuters — U.S. wheat tumbled as much as two per cent on Tuesday as investors took profits after the previous session’s five-week high and extended weather outlooks showed the possibility of crop-friendly rains in the U.S. and Russia. Soybean futures also were lower at the Chicago Board of Trade, pressured by record South

(Lisa Guenther photo)
Crops, Markets

U.S. grains: Soy, corn, wheat rise on weak dollar, short-covering

By GFM Network News, Michael Hirtzer March 23, 2015
Chicago | Reuters — U.S. soybean, corn and wheat futures climbed one per cent or more on Monday, extending gains from late last week as the dollar weakened and investors covered short positions. Dry weather in Russia and the southern U.S. Plains’ growing areas also underpinned wheat prices while corn futures climbed above several key


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