U.S. grains: Soy shakes off 6-year low, corn jumps on U.S. crop fears

Chicago/Reuters – U.S. soybean futures bounced on Friday after a surprise increase in the Department of Agriculture’s autumn harvest forecast knocked prices to six-year lows. Corn futures neared one-month highs after the USDA, in a monthly report, reduced its production estimate, igniting supply concerns. Traders are focused on the size of the crops because prices




(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy drops on stable crop ratings, poor export demand

Chicago | Reuters –– U.S. soybean futures dipped on Wednesday on better-than-expected U.S. crop ratings and concerns about sluggish export demand. Wheat futures also declined, while corn traded near unchanged. Soybeans pulled back after rising on Tuesday on expectations that the U.S. Agriculture Department would cut its condition ratings for the crop in a weekly


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans climb as China fears wane

Chicago | Reuters –– Benchmark U.S. soybean futures rose 1.5 per cent on Thursday as equity markets stabilized in China, the world’s top soy buyer, and on outlooks for dry weather as the U.S. Midwest growing season winds down, traders said. Corn clung to modest gains on better-than-expected weekly U.S. export sales and spillover strength