(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat hits highest since August

Chicago | Reuters — U.S. wheat futures firmed on Thursday, with the most-active Chicago Board of Trade soft red winter wheat contract hitting its highest in more than five months on signs of better-than-expected export demand. Soybeans closed slightly higher as technical buyers pushing prices into positive territory late in the session while corn eased










(Lisa Guenther photo)

CBOT weekly outlook: South American weather steering markets

CNS Canada — Chicago corn futures chopped slightly higher during the week ended Wednesday, as concerns over South American weather, the U.S. dollar and the public musings of a newly-sworn-in U.S. president spurred some speculative buying. “Those are the three driving forces,” said Scott Capinegro, co-owner of Barrington Commodity Brokers. Both corn and soybeans are