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Tag Archives wheat futures


CBOT July 2019 soybeans, with July 2019 corn (orange line). (Barchart)
Crops, Markets

CBOT weekly outlook: Planting report spurs farmer selling

By GFM Network News, Glen Hallick - MarketsFarm May 29, 2019
MarketsFarm — Soybeans on the Chicago Board of Trade (CBOT) are trying to play catch-up in what has become a weather market, according to Steve Georgy of Allendale Inc. Corn planting in the U.S. was far behind its five-year average due to persistent wet conditions, he said, and that created the scenario of U.S. farmers

CBOT July 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Crops, Markets, Weather

U.S. grains: Corn hits three-year high as planting delays prolonged

By GFM Network News, Mark Weinraub May 28, 2019
Chicago | Reuters –– U.S. corn futures surged 4.1 per cent to their highest levels in nearly three years on Tuesday, supported by planting delays across key growing areas of the U.S. Midwest following heavy rains, traders said. The adverse weather in the Midwest and Plains also fuelled rallies in the soybean and wheat markets


CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn climbs to one-year high as rains stall planting

By GFM Network News, Karl Plume May 24, 2019
Chicago | Reuters — U.S. corn futures scaled to their highest in a year on Friday as soggy U.S. Midwest field conditions and forecasts for unrelenting rain across the region heightened concerns that farmers may be unable to plant a sizable portion of the crop. Soybeans followed corn higher, also supported by worries about planting

Emerging corn plants in Canada. (Sophie-Caron/iStock/Getty Images)
Crops, Markets

U.S. grains: Corn sinks as trade aid seen encouraging planting

By GFM Network News, Karl Plume May 23, 2019
Chicago | Reuters — U.S. corn futures dropped for the first time in nine sessions on Thursday after the U.S. Department of Agriculture (USDA) unveiled a farm aid package that could encourage farmers to plant more corn despite adverse weather this spring. Soybeans and wheat also declined as the USDA announced a $14.5 billion direct


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

U.S. grains: Soybeans rebound in technical bounce, trade aid details awaited

By GFM Network News, Karl Plume May 22, 2019
Chicago | Reuters — U.S. soybean futures rebounded on Wednesday in a technical correction from the prior session’s drop as the market awaited details of a Trump administration farm aid package that could encourage farmers to plant more soybeans. Corn ended firm, although spillover support from higher soy and worries over rain-delayed U.S. planting were

CBOT July 2019 corn futures with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Corn touches one-year high on slow U.S. planting

By GFM Network News, Karl Plume May 21, 2019
Chicago | Reuters — U.S. corn futures climbed for a seventh session to their highest in a year on Tuesday as rainy weather and soggy fields across the U.S. corn belt stalled spring planting. Wheat also advanced on worries about winter crop damage due to heavy rains and flooding in the southern U.S. Plains. Soybeans


The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Crops, Markets

U.S. grains: Corn nears one-year peak as rains stall planting

By GFM Network News, Karl Plume May 20, 2019
Chicago | Reuters — U.S. corn futures climbed for a sixth straight session on Monday and touched their highest level in nearly a year as rainy Midwest weather and waterlogged fields stoked concerns about reduced plantings and lower yields for the crop. Wheat jumped to a three-month high on delayed spring wheat planting in the

CBOT July 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Crops, Markets

U.S. grains: Corn to seven-week high as rain threatens planting

By GFM Network News, Julie Ingwersen May 16, 2019
Chicago | Reuters — U.S. corn futures rose on Thursday for a fourth straight session as dismal weather forecasts signalled further planting delays in the Midwest, prompting commodity funds to cover short positions, analysts said. Chicago wheat futures hit a one-month high, led by corn, and soybeans followed the firm trend. Chicago Board of Trade


CBOT July 2019 corn and (in green) July 2019 soybeans. (Barchart)
Crops, Markets

CBOT weekly outlook: Factors come together to boost prices

By GFM Network News, Glen Hallick - MarketsFarm May 15, 2019
MarketsFarm — A combination of three factors have contributed to the bounce in prices at the Chicago Board of Trade, according to Rich Feltes of R.J. O’Brien in Chicago. “It’s the convergence of the middle of May, which is a critical time and the confirmation that planting is not only delayed, but it’s in for

CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soy rally as slow planting pace ignites short-covering

By GFM Network News, Julie Ingwersen May 14, 2019
Chicago | Reuters — U.S. corn futures climbed more than three per cent on Tuesday and soybeans bounced back from a decade low as planting delays in the Midwest crop belt sparked a round of short-covering, analysts said. Additional support stemmed from optimistic comments from Washington and Beijing that tempered concerns about a further escalation


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