(Lisa Guenther photo)

U.S. grains: Wheat, corn, soybeans close week lower

Chicago | Reuters — U.S. wheat futures plunged 3.3 per cent on Friday, their biggest decline in nearly two months, on more signs of poor export prospects for U.S. supplies, traders said. Corn and soybean futures also fell, weighed down by a round of end-of-week profit-taking following solid gains on Thursday. But wheat notched the

(Lisa Guenther photo)

U.S. grains: Soybeans set five-week high on predicted drop in plantings

Chicago | Reuters — U.S. soybean futures jumped to a five-week high on Thursday after the U.S. Agriculture Department projected farmers will plant fewer acres than traders expected in response to falling prices. Corn futures also advanced, while wheat finished flat to lower. USDA, in data released at its annual Agricultural Outlook conference, projected 2015-16








(Lisa Guenther photo)

U.S. grains: Soybeans rise on exports; corn, wheat weak

Chicago | Reuters –– Soybean futures firmed Thursday on signs that export demand for U.S. supplies remained robust despite expectations of bumper harvests in Argentina and Brazil, traders said. Wheat and corn futures were weaker, pressured by ample global supplies, but both commodities remained within recent ranges. Soybeans received an additional boost from technical buying