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Tag Archives soybean futures


(MGEX.com)
Crops, Markets

U.S. grains: MGEX wheat rallies as conditions worsen in Plains

By GFM Network News, Mark Weinraub June 13, 2017
Chicago | Reuters — U.S. spring wheat futures jumped 4.6 per cent to their highest in 2-1/2 years on Tuesday, pulling soft red winter wheat and hard red winter contracts higher on growing worries about crop health in the dry U.S. Plains, traders said. The rally stemmed from a U.S. Agriculture Department report released on

CocoRaHS’ precipitation map of the U.S. for the 24 hours ending at 7 a.m. June 12. (Cocorahs.org)
Crops, Markets

U.S. grains: Improving weather views pressure corn, soy, wheat

By GFM Network News, Mark Weinraub June 12, 2017
Chicago | Reuters — U.S. corn futures dropped 2.8 per cent on Monday on forecasts for rain that is expected to bolster the health of a crop stressed by adverse weather throughout planting and early development, traders said. The improving weather view also weighed on wheat and soybean futures as traders used it as an


Soybeans in Ontario, June 2016. (Ralph Pearce photo)
Crops, Markets, Weather

U.S. grains: Corn, soybeans end higher ahead of hot spell

By GFM Network News, Julie Ingwersen June 9, 2017
Chicago | Reuters — U.S. corn and soybean futures firmed on Friday as forecasts for scorching temperatures in the Midwest crop belt through early next week prompted funds to cover short positions, analysts said. Chicago Board of Trade winter wheat futures fell on profit-taking but still posted a weekly advance of 3.8 per cent, triggered

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Corn near one-year high, spring wheat soars

By GFM Network News, Julie Ingwersen June 8, 2017
Chicago | Reuters — U.S. spot corn futures hit their highest level in nearly a year before paring gains on Thursday and Minneapolis spring wheat neared a two-year top on worries about hot and dry weather stressing crops in the northern Plains and Midwest, analysts said. Soybean futures also firmed. Chicago Board of Trade July


(Lisa Guenther photo)
Crops, Markets

CBOT weekly outlook: Corn, soy up ahead of USDA data

By GFM Network News, Jade Markus June 7, 2017
CNS Canada — Corn and soybeans at the Chicago Board of Trade advanced ahead of a key report due out at the end of the week — but from there, it’s back to weather-watching, one analyst says. The U.S. Department of Agriculture is set to release its supply and demand estimates on Friday. “There are

A close-up of emerging corn seedlings north of London, Ont. on May 24, 2016. (Ralph Pearce photo)
Crops, Markets, Weather

U.S. grains: Corn nears one-year high on adverse weather

By GFM Network News, Julie Ingwersen June 7, 2017
Chicago | Reuters — U.S. spot corn futures hit a near one-year high on Wednesday on forecasts for potentially stressful crop weather in the Midwest, while Minneapolis spring wheat futures retreated from a near two-year high. Soybeans followed corn higher. The weather jitters come as commodity funds hold large net short positions in corn, wheat


(Ralph Pearce photo)
Crops, Markets, Weather

U.S. grains: Spring wheat climbs on dry weather worries

By GFM Network News, Julie Ingwersen June 6, 2017
Chicago | Reuters — Chicago wheat futures rose about 1.5 per cent Tuesday and Minneapolis spring wheat traded above US$6 a bushel for the first time in nearly two years on deteriorating spring wheat ratings amid hot and dry weather in the northern U.S. Plains, analysts said. Corn futures neared a three-month high and soybeans

Crops, Markets, Weather

U.S. grains: Spring wheat futures climb on weather worries

By GFM Network News, Julie Ingwersen June 5, 2017
Chicago | Reuters — U.S. spring wheat futures traded on the Minneapolis Grain Exchange (MGEX) closed higher on Monday for a fourth straight session on fears of hot, dry weather in the northern Plains, while corn and soybean futures ended fractionally higher. MGEX July spring wheat ended up 5-1/4 cents at $5.89 per bushel and


(MGEX.com)
Crops, Markets, Weather

U.S. grains: Minneapolis wheat surges on northern Plains dryness

By GFM Network News, Julie Ingwersen June 2, 2017
Chicago | Reuters — U.S. spring wheat futures set a 5-1/2-month high on Friday, buoyed by expanding dryness in the northern Plains production belt, analysts said. Minneapolis Grain Exchange July spring wheat settled up five cents at $5.83-3/4 per bushel after reaching $5.90, the highest spot price since mid-January (all figures US$). The spot contract

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Winter wheat hits two-week lows, spring wheat rallies

By GFM Network News, Mark Weinraub June 1, 2017
Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures and K.C. hard red winter futures dropped to two-week lows on Thursday as forecasts for dry conditions in key growing areas raised the prospect of a quick start to harvest for both crops. “We have got a little bit drier forecast,” said


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