GRAINS-Wheat jumps on short-covering; corn, soy also climb

* Wheat becoming more competitive with corn in feed rations * Corn and soybeans firm, led by new-crop contracts * Trade eyes forecasts for hot, drier weather in US Midwest * Little reaction in grains to Fed policy statement (Updates with closing prices) By Julie Ingwersen CHICAGO, June 19 (Reuters) - U.S. wheat futures climbed


Grain Market Report

The path of least resistance for canola futures on the ICE Futures Canada trading platform remained to the downside during the week ended June 14. Declines were influenced by the perception that canola seeding was now complete and that the crop was off to a generally good start, development-wise. Downward price action was augmented by

GRAINS-Corn ends higher, led by new-crop contracts on US weather

* Forecast for hot weather lifts new-crop corn * Gains in nearby corn capped by farmer selling * Soybeans mixed as long July/short November spread unwinds * Wheat firm on rain delays but world supplies cap gains (Recasts, adds closing prices, analyst comments) By Julie Ingwersen CHICAGO, June 18 (Reuters) - U.S. corn futures rose





GRAINS-Corn falls most in a month as USDA forecasts record output

* USDA estimates 2013/14 corn crop at record 14 billion bushels * U.S. winter wheat production lifted on better yields * Wheat futures plunge 2 percent, soybeans narrowly lower (Updates U.S. market activity to close) By Michael Hirtzer CHICAGO, June 12 (Reuters) - U.S. corn futures fell 2.5 percent for their largest decline in a

McMillan: USDA area estimates surprise trade

CNSC / The U.S. Department of Agriculture surprised some analysts Wednesday by leaving seeded area estimates unchanged for all U.S. crops. Before the report, a poll of grain analysts by Reuters found expectations were for corn acres to drop 1.5 million acres and soybean acres to rise 700,000 due to seeding difficulties this spring. Over