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Tag Archives soybean futures


(Lisa Guenther photo)
Crops, Markets

CBOT weekly outlook: Soy, corn futures seen hinging on USDA data

By GFM Network News, Jade Markus June 24, 2015
CNS Canada — CBOT (Chicago Board of Trade) soybean futures posted solid gains over the past week, but backed away Wednesday, which could be a sign of further losses to come as market participants await direction from the U.S. Department of Agriculture’s acreage report on Tuesday. John Weyer, co-director of the commercial hedge division at

(Canada Beef Inc. photo)
Crops, Markets

U.S. grains: Wheat falls on profit-taking after two-week high

By GFM Network News, Julie Ingwersen June 24, 2015
Chicago | Reuters –– Chicago Board of Trade wheat futures fell on Wednesday after a seesaw session, pulled down by profit-taking from a two-week peak and as the hard red winter wheat harvest expanded in the U.S. southern Plains, traders said. Corn and soybeans also declined, reversing midsession gains as producers sold old-crop supplies. But


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

U.S. grains: Wheat soars as rains threaten Midwest’s harvest

By GFM Network News, Julie Ingwersen June 23, 2015
Chicago | Reuters — U.S. wheat futures jumped about four per cent on Tuesday on technical buying coupled with concerns about rains delaying the Midwest harvest, traders said. Corn set a five-week high on declining U.S. crop conditions while nearby soybeans fell on softening cash values and stepped-up farmer selling. At the Chicago Board of

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

U.S. grains: Soybeans hit six-week high on weather jitters

By GFM Network News, Julie Ingwersen June 22, 2015
Chicago | Reuters — U.S. soybean futures climbed to a six-week high on Monday on concerns about tightening old-crop supplies and excessive rains trimming new-crop yield prospects, traders said. Wheat and corn also rose. At the Chicago Board of Trade, the July soybean contract settled up 18 cents at $9.89-1/2 per bushel after reaching $9.90,


(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Corn falls on improving weather view

By GFM Network News, Mark Weinraub June 19, 2015
Chicago | Reuters — Chicago Board of Trade soybean futures fell on Friday, setting back from a three-day rally on a round of profit-taking after prices hit their highest in more than a month, traders said. Corn futures also fell, pressured by forecasts for drier weather and rising temperatures that will foster corn development. CBOT

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

U.S. grains: Soy rallies on short-covering, planting woes

By GFM Network News, Mark Weinraub June 18, 2015
Chicago | Reuters — U.S. soybean futures rose for the third day in a row on Thursday, touching their highest in more than five weeks on concerns that dry weather will arrive too late to allow for planting in rain-soaked areas of the Midwest, traders said. Traders said the excess moisture could force farmers to


(Lisa Guenther photo)
Crops, Markets, Weather

CBOT weekly outlook: Weather issues dominate corn, soy in short term

By Dave Sims, GFM Network News June 17, 2015
CNS Canada –– Excess moisture across broad swaths of the the U.S. Midwest and southern Plains has dampened the outlook for U.S. corn and soybean crops in the near future. Both crops finished higher on the Chicago Board of Trade (CBOT) to cap off the week ended Wednesday; however, the current outlook is dim, according

(Dave Bedard photo)
Crops, Markets

ICE weekly outlook: New-crop canola to break $500

By GFM Network News, Terryn Shiells June 17, 2015
CNS Canada — The ICE Futures Canada canola market moved higher during the week ended Wednesday, rebounding after the November contract hit support levels earlier on Monday. With recent drought and frost in Western Canada, canola ending stocks are expected to be very tight at the end of 2015-16, which is supporting prices and could


(Photo courtesy Canada Beef Inc.)
Crops, Markets, Weather

U.S. grains: CBOT corn, soy, wheat rise on weather outlook

By GFM Network News, Mark Weinraub June 17, 2015
Chicago | Reuters –– U.S. soybean futures rose on Wednesday as concerns about rain forcing some farmers to dial back their plantings sparked a round of short-covering, traders said. Corn and wheat futures also closed higher, supported by technical buying as well as some weather-related concerns. Soybeans, which notched a second straight day of double

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

U.S. grains: Soybeans rally as planting slows, crop concerns emerge

By GFM Network News, Mark Weinraub June 16, 2015
Chicago | Reuters — Chicago Board of Trade soybean futures rose as much as 2.5 per cent on Tuesday, supported by the U.S. Department of Agriculture’s cut to crop ratings and its report showing planting has fallen behind the typical pace, traders said. Corn futures rose too, firming on bargain buying after posting a sharp


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