Hard white winter wheat growing in North Carolina in 2010. (Dave Marshall photo courtesy ARS/USDA)

U.S. grains: Wheat rallies on dry weather fears

Chicago | Reuters — U.S. wheat futures jumped more than two per cent on Friday and ended the week up nearly five per cent as worries about dry weather in key global production regions fueled short-covering and speculative buying. Soybeans advanced for the fifth time in six sessions on renewed Chinese buying of U.S. export






Hard white winter wheat growing in North Carolina in 2010. (Dave Marshall photo courtesy ARS/USDA)

U.S. grains: Wheat futures jump

Chicago | Reuters — U.S. wheat futures rallied on Friday, with the benchmark Chicago Board of Trade soft red winter wheat contract surging 4.1 per cent on forecasts for dry conditions that could further stress an already damaged crop. The weather outlook also threatened to slow planting progress in the U.S. Midwest, which was supportive

A wheat crop in progress on May 24, 2016 north of London, Ont. (Ralph Pearce photo)

U.S. grains: Wheat up for third day in a row

Chicago | Reuters — U.S. wheat futures rose on Thursday, their third straight day of gains, on worries that adverse weather will lead to crop shortfalls in key growing areas around the world, traders said. Soybean futures fell, pressured by fresh concerns about exports. Corn futures closed lower on long liquidation by funds after failing


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybean, corn futures fall

Chicago | Reuters — U.S. soybean futures fell 1.9 per cent on Wednesday, dropping below US$10 a bushel for the first time since April 4, on renewed fears about a trade dispute chilling demand from China, the world’s top buyer of the oilseed. Wheat futures ticked higher on short-covering, recovering from a three-week low hit