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U.S. grains: Soybeans gain on weather concern; global demand pressures corn, wheat

Chicago | Reuters – Corn and wheat futures slipped on Wednesday, tracking falls in outside energy markets as rising Delta-variant coronavirus cases raised worries that renewed restrictions could limit demand and overwhelmed recent weather concerns for U.S. crops. Chicago soybeans ended higher, supported by a private assessment of the U.S. crop, released Tuesday after the










CBOT July 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, gold, green lines). (Barchart)

U.S. grains: Soybeans, corn ease on inflation fears

Stronger U.S. dollar also pressures prices

Chicago | Reuters — Chicago soybean and corn futures eased on Thursday, pressured by a firming dollar and fears of food price inflation, though concerns of hot, dry weather in growing areas offered support, traders said. The most-active soybean contract on the Chicago Board of Trade fell 13-1/4 cents to $15.49-1/4 per bushel, while new-crop


CBOT March 2021 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Wheat retreats after cold-weather rally

Corn, soy futures consolidate

Chicago | Reuters — U.S. wheat futures fell two per cent on Wednesday, retreating from a two-week high set in early moves, as concerns eased about cold-weather damage following a frigid weekend in the U.S. Plains, analysts said. Corn futures firmed slightly, consolidating below multi-year highs established last week, and soybean futures closed mixed. A