(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soybeans, corn close strong on bargain buying

Chicago | Reuters — U.S. soybean futures ended strong on Friday, rallying on month-end buying a day after cancellations of U.S. soybean sales to China sent the market to a three-week low, traders said. Corn and wheat also settled higher. CBOT March soybeans finished up 14-1/2 cents at $8.82-1/4 a bushel, rebounding after dipping to

U.S. grains: Soybeans fall amid global export setbacks

Chicago | Reuters — U.S. soybean futures tumbled on Thursday, with the most-active March contract down 1.6 per cent, the largest drop for soybeans in more than a month, after exporters canceled U.S. soybean sales to China. Chicago Board of Trade March wheat ended 4-1/4 cents lower at $4.72-1/4 per bushel, after hitting a one-month


(Lisa Guenther photo)

CBOT weekly outlook: Corn stays within range

CNS Canada –– Chicago Board of Trade corn futures stayed mostly range-bound for the week ended Wednesday; the corn market ebbed and flowed with crude oil and ideas of demand. However, it also felt technical pressure, according to Sean Lusk, a co-director at the commercial hedging services division of Walsh Trading in Chicago. “Corn keeps

(Michael Thompson photo courtesy ARS/USDA)

U.S. grains: Wheat snaps rally, soy firm, corn flat

Chicago | Reuters –– U.S. wheat futures fell on Wednesday on fund-driven technical selling and a proposal by Russia’s farm ministry to cut a wheat export tax, which tempered speculation about export restrictions. Corn coasted for the second straight day, while soybean futures rose on dry weather concerns in South America and southern Africa. At





(Photo courtesy Canada Beef Inc.)

U.S. grains: Corn, wheat post small gains

Chicago | Reuters — Chicago Board of Trade corn futures inched higher in end-of-week consolidation trade on Friday, supported by some fresh global supply concerns and stronger-than-expected export data, traders said. Chicago Board of Trade soft red winter wheat also firmed slightly, with mild short-covering lending support. Ample global supplies but weak demand for U.S.




(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soybeans set back on profit taking

Chicago | Reuters — U.S. soybean futures dropped 1.1 per cent on Wednesday as investors locked in profits a day after the market’s rally to a four-week high, traders said. Wheat futures also fell, pressured by weak overseas demand for U.S. supplies. But corn closed slightly higher, with a surprise export sale triggering a mild