(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat prices fall on hefty supplies

Chicago | Reuters — U.S. wheat fell for the second straight day on Thursday, pressured by technical selling, ample global supplies and lacklustre demand for U.S. shipments and dragged by Paris futures which hit a contract low early in the session. Chicago Board of Trade wheat futures extended declines after Euronext March milling wheat tumbled




(USDA.gov via Flickr)

U.S. grains: Wheat surges as USDA cuts acreage view

Chicago | Reuters — U.S. grain prices rallied on Tuesday after the U.S. Department of Agriculture slashed its estimate of winter wheat seedings by more than anticipated and unexpectedly cut its corn and soybean production view. Wheat futures surged nearly three per cent to a three-week high on fund short covering while corn and soybeans


(Michael Thompson photo courtesy ARS/USDA)

U.S. grains: Wheat falls from three-week high

Chicago | Reuters — U.S. wheat futures dropped two per cent on Monday on technical selling and profit-taking after touching three-week highs last week, while traders eyed an eagerly awaited series of government reports on crops due on Tuesday. Corn and soybeans also fell, with declines in broader commodities markets amid fresh investor concerns about

(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat surges on short covering

Chicago | Reuters — U.S. grain and soybean futures firmed on Friday on technical buying and short-covering as investors squared positions before a key government crop report due to be released on Tuesday. Stabilizing global equities markets following steep losses to start the year offered underlying support to grains. Wheat futures notched the strongest gains