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  • Huge crops in South America says analyst

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Tag Archives soybean futures


Crops, Markets, Weather

U.S. grains: Wheat hits biggest weekly gain in nearly four months

By GFM Network News, P.J. Huffstutter October 30, 2015
Chicago / Reuters – U.S. wheat futures prices jumped 1.5 per cent on Friday and posted their biggest weekly gain in nearly four months, as traders positioned themselves ahead of a highly anticipated U.S. Department of Agriculture November supply and demand report. Chicago Board of Trade December soft red wheat closed at $5.22 a bushel,

U.S. grains: Wheat, corn close firm on technical buying; soybeans slip
Crops, Markets

U.S. grains: Wheat, corn close firm on technical buying; soybeans slip

By GFM Network News, Mark Weinraub, P.J. Huffstutter October 29, 2015
CHICAGO / Reuters – U.S. wheat futures rallied nearly 2 per cent on Thursday, supported by a round of short-covering and signs of improving export demand, traders said. A pickup in exports also boosted corn futures, as technical buying lent further support to both corn and wheat after prices dipped during the overnight trading session.


Crops, Markets

U.S. grains: Soy nears three-week low on Brazil rains, demand worries

By GFM Network News, Tom Polansek October 28, 2015
Chicago | Reuters – U.S. soybean futures dropped to their lowest levels in nearly three weeks on Wednesday on expectations for rains to benefit plantings in Brazil, the world’s top exporter. Concerns about slowing demand from China, the world’s top importer, added pressure to prices. Rain showers in Brazil will help farmers move forward with planting

(Keith Weller photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soybeans rebound on strong exports, soymeal

By GFM Network News, Karl Plume October 27, 2015
Chicago | Reuters — U.S. soybean futures rebounded on Tuesday after three sessions of declines on steady export demand and higher soymeal prices, although gains were capped by beneficial rains in dry production areas of Brazil, the world’s top supplier. Corn futures eased on a bumper U.S. harvest and sluggish export demand. Wheat was mixed,


(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Wheat jumps more than four per cent on weather concerns

By GFM Network News, P.J. Huffstutter October 26, 2015
Chicago | Reuters — U.S. wheat futures surged more than four per cent on Monday as recent floods in parts of Texas and forecasts for continued dry weather in the U.S. Plains buoyed the market that had been falling in recent weeks. Futures prices for corn crept higher as U.S. farmers continued to cling to

(Michael Thompson photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Wheat mostly lower on technical selling

By GFM Network News, Michael Hirtzer October 23, 2015
Chicago | Reuters — U.S. wheat and soybean futures were mostly lower on Friday, in a technical selloff and as the U.S. dollar rose to its highest in two months against a basket of currencies. Prices trimmed losses while corn futures turned higher late in the session, lifted in part by the expiration of November


(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Corn, soy turn lower on technical selling, dollar surge

By GFM Network News, Michael Hirtzer October 22, 2015
Chicago | Reuters –– U.S. corn and soybean futures turned lower on Thursday, reversing from one-week highs on technical selling and pressured by steep gains in the dollar that made U.S. commodities less attractive in export markets. Wheat futures also fell, retreating from gains early in the session at the Chicago Board of Trade. The

(Lisa Guenther photo)
Crops, Markets

CBOT weekly outlook: Corn, soybean prices expected to rise

By GFM Network News, Jade Markus October 21, 2015
CNS Canada –– The ongoing U.S. harvest has pressured CBOT corn and soybeans in recent sessions, but support for the commodities will ramp up long-term, moving prices higher, according to a U.S. analyst. “I think you’re going to see demand improve and you’re going to see weather problems in South America emerge,” said Sean Lusk,


(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soyoil tops two-month high on export sales

By GFM Network News, Tom Polansek October 21, 2015
Chicago | Reuters — U.S. grain and oilseed futures advanced on Wednesday, with export sales driving soybean oil prices to their highest in more than two months. Exporters struck deals to sell 40,000 tonnes of U.S. soybean oil, including 20,000 to China and 20,000 to unknown destinations, the U.S. Department of Agriculture said. The deals

(FIle photo by Allan Dawson)
Crops, Markets

U.S. grains: Corn up on bargain buying after five-week low

By GFM Network News, Michael Hirtzer October 20, 2015
Chicago | Reuters — U.S. corn, soybean and wheat futures rose on Tuesday, rebounding from earlier losses on technical buying and bargain hunting even as autumn harvests advanced more quickly than usual under dry weather conditions. Corn jumped from a five-week low and soybeans gained for the first time in five sessions. Wheat bounced from


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