(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy rises to one-week high on export deals

Chicago | Reuters — U.S. soybean futures rose to a one-week peak on Monday on strong export demand and drier-than-expected Midwest weather over the weekend, although forecasts for a bumper U.S. harvest this autumn limited gains. Corn futures edged higher on short covering following recent declines, while wheat prices were narrowly mixed. Some traders squared









(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy tumbles on favourable weather

Chicago | Reuters — U.S. soybean futures slipped about four per cent on Monday as forecasts for favourable weather in the Midwestern crop belt prompted investors to liquidate long positions, traders said. Corn and wheat followed soybeans lower, and declines in the energy sector pressured the broader commodity sector. The 19-market Thomson Reuters CoreCommodity CRB