(FIle photo by Allan Dawson)

U.S. grains: Corn tops two-month high

Chicago | Reuters –– U.S. corn futures climbed to their highest in more than two months on Tuesday as traders predicted the U.S. will cut its production estimate in a crop report due out Friday. The U.S. Department of Agriculture, in the monthly report, may reduce its estimates for the average corn yield and for


(USDA.gov via Flickr)

U.S. grains: Prices rise on technicals, positioning before reports

Chicago | Reuters –– U.S. grain and soybean futures strengthened on Monday as technical buying and positioning ahead of U.S. crop reports overshadowed concerns about poor export demand. Soybean oil neared a two-month high. Traders were adjusting positions in the markets before the U.S. Department of Agriculture (USDA) issues reports on crop production, supplies and

(Allan Dawson photo)

U.S. grains: Wheat falls on profit-taking

Chicago | Reuters — U.S. wheat futures sank on Friday on a round of end-of-week profit taking after prices hit an 8-1/2 week high on Thursday, traders said. Soybeans also fell, pressured by the expanding harvest of what is expected to be a bumper crop in the U.S., while corn was close to unchanged. Wheat


(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat extends rally, soybeans slip

Reuters — Chicago wheat rose more than one per cent on Thursday, extending a rally triggered by Wednesday’s U.S. Department of Agriculture data that put the 2015 U.S. crop below market estimates. Corn futures rose slightly on technical buying and spillover support from wheat. Soybeans slumped on pressure from an advancing Midwest harvest and technical

(USDA.gov via Flickr)

U.S. grains: Wheat futures jump as USDA cuts production outlook

Chicago | Reuters — U.S. wheat futures rebounded on Wednesday, after a government report showed that wheat production was less than traders had expected. Meanwhile, corn futures lost ground, after the U.S. Department of Agriculture’s quarterly grain stocks report showed that both corn and soybean supplies were plentiful and U.S. farmers are harvesting what is