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Tag Archives soybean futures


(Dave Bedard photo)
Crops, Markets

ICE weekly outlook: Canola looking overpriced

By GFM Network News, Phil Franz-Warkentin September 23, 2015
CNS Canada –– ICE Futures Canada canola contracts moved lower in sympathy with CBOT soybeans during the week ended Wednesday, and could have more room to the downside as the Canadian oilseed remains overpriced compared to its U.S. counterpart. The canola premium compared to soybeans is the same now as earlier in the summer, when

(Lisa Guenther photo)
Crops, Markets

CBOT weekly outlook: Corn, soybeans feeling harvest pressure

By Dave Sims, GFM Network News September 23, 2015
CNS Canada — Chicago Board of Trade (CBOT) corn and soybean futures finished lower for the week ended Wednesday as the advancing harvest pressured already-low prices. The front-month soybean contract dropped to some of its lowest levels in more than six years. The rising strength of the U.S. dollar has made life difficult for U.S. exporters


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

U.S. grains: Wheat nears one-month high on global weather worries

By GFM Network News, Tom Polansek September 23, 2015
Chicago | Reuters — U.S. wheat futures neared a one-month high on Wednesday on short-covering and poor weather in Australia and the Black Sea region that worried traders who have recently been focused on large global supplies. Corn and soybean futures ended little changed. Propelling wheat prices higher was dry weather that is threatening the

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

U.S. grains: Soy futures fall as harvest pace picks up

By GFM Network News, Mark Weinraub September 22, 2015
Chicago | Reuters –– U.S. corn and soybean futures fell on Tuesday, under pressure from the expanding harvest around the U.S. Midwest as well as some profit-taking after rallying on Monday, traders said. Wheat futures also fell, but losses were kept in check as bargain buyers stepped into the market when prices hit their session


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

U.S. grains: Wheat, corn rise on short-covering bump

By GFM Network News, Mark Weinraub September 21, 2015
Chicago | Reuters — U.S. wheat futures rose on Monday, with the benchmark Chicago Board of Trade soft red winter wheat contract gaining 1.8 per cent, on a round of short-covering by investment funds as well as technical buying, traders said. “If you are looking for a fundamental reason for today’s price rally, look elsewhere,

(Lisa Guenther photo)
Crops, Markets

U.S. grains: Soybeans fall as harvest looms; wheat firms

By GFM Network News, Julie Ingwersen September 18, 2015
Chicago | Reuters –– U.S. soybean futures fell on Friday and were down about 0.8 per cent for the week as farmers prepared to harvest a bumper crop in the Midwest, traders said. Corn followed soybeans lower while wheat futures firmed on short covering, despite ample global supplies. At the Chicago Board of Trade, November


(Dave Bedard photo)
Crops, Markets

U.S. grains: Corn, wheat, soy drift lower in cautious trade

By GFM Network News, Julie Ingwersen September 17, 2015
Chicago | Reuters –– U.S. corn futures fell for a third day on Thursday as the harvest of an expected bumper crop expanded, but price movement was restrained as markets digested a Federal Reserve decision to leave U.S. interest rates unchanged. Wheat and soybean futures sagged on a lack of supportive fundamental news. All three

(Lisa Guenther photo)
Crops, Markets

CBOT weekly outlook: Corn, soybeans moving on technical trading

By GFM Network News, Jade Markus September 16, 2015
CNS Canada –– Corn and soybean futures at the Chicago Board of Trade (CBOT) are mostly moving on technical trading, profit-taking and good harvest weather. “It’s a technical trade; the range may have moved up a little bit higher than what we had thought,” said Scott Capinegro, senior broker with Highground Trading Group. Soybeans saw


(USDA.gov via Flickr)
Crops, Markets

USDA probes release of incorrect data that pressured crop prices

By GFM Network News, Tom Polansek September 16, 2015
Chicago | Reuters — A U.S. Agriculture Department (USDA) unit is reviewing its procedures after posting incorrect crop data online on Wednesday, an error that temporarily pressured grain prices. The Farm Service Agency (FSA) inadvertently issued the wrong data on crop acreage around 5 a.m. CT and posted corrected data four hours later. The agency

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Corn, wheat fall for second day on harvest, ample supply

By GFM Network News, Michael Hirtzer September 16, 2015
Chicago | Reuters — U.S. grains were lower on Wednesday, with both corn and wheat easing about one per cent for their second straight session of declines on pressure from the advancing corn harvest and plentiful global grain supplies. Soybeans reversed from earlier gains to turn narrowly lower, in light trading volumes in each commodity


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