U.S. soyoil futures surged their daily limit on Friday and soybeans hit a three-week high after President Donald Trump's administration proposed biofuel blending requirements that were above trade expectations, analysts said.
Stories by Julie Ingwersen
U.S. grains: Soybeans hit 1-wk low on demand worries; wheat sags, corn firms
U.S. soybean futures fell to one-week lows on Thursday as weak domestic cash markets, poor weekly export sales and worries about the size of U.S. biofuel mandates raised fears about demand for the oilseed, brokers said.
U.S. grains: Soy, corn futures retreat on weather as US-China optimism cools
Chicago Board of Trade soybean and corn futures drifted lower on Wednesday as initial optimism faded over the U.S. and China agreeing on the framework of a trade truce, and market players shifted their focus back to benign crop weather, analysts said.
U.S. grains: Wheat futures sag on crop rating boost; corn, soybeans firm
Chicago wheat futures fell to their lowest level in more than a week on Tuesday as improving U.S. crop condition ratings and seasonal pressure overshadowed early harvest delays and drought in Russia, traders said.
U.S. grains: Wheat retreats on harvest pressure; corn, soybeans end lower
U.S. wheat futures fell about two per cent on Monday on seasonal pressure from the start of the Northern Hemisphere winter wheat harvest and corn futures sagged on mostly favorable crop weather, traders said.
U.S. grains: Soybean futures rise on U.S.-China trade optimism
Wheat futures rise amid Russia-Ukraine tensions
Chicago Board of Trade soybean futures climbed to a one-week high on Thursday on optimism about the U.S. trade relationship with China, the world's largest soybean buyer, after leaders of the two countries spoke by phone for more than an hour.
U.S. grains: Wheat prices climb amid Ukraine-Russia unrest
China's dry weather may impact wheat harvests
U.S. wheat futures rose more than one per cent on Wednesday as signs of a hardening conflict between Ukraine and Russia and worries about dryness in China appeared to spark a round of short-covering, analysts said.
U.S. grains: Soybeans buoyed by higher crude oil; wheat sags
Chicago | Reuters — U.S. soybean futures rose on Tuesday, rallying from a seven-week low struck a day earlier, as strong crude oil prices lifted soyoil futures and traders weighed expectations that the leaders of United States and top global soy buyer China will speak this week. Corn futures bounced after dipping to multi-month lows […] Read more
USDA’s spring and winter wheat ratings exceed expectations
Recent rains helping crops
The U.S. Department of Agriculture’s weekly crop progress report showed on Monday 50 per cent of U.S. spring wheat and 52 per cent of winter wheat in good to excellent condition, exceeding analyst expectations.
U.S. grains: Soybeans fall to seven-week low; corn eases, wheat climbs
Chicago | Reuters — Chicago Board of Trade soybean and soyoil futures fell to their lowest levels in seven weeks on Monday on worries about demand for U.S. oilseed supplies and generally favorable crop weather, analysts said. Corn futures followed soybeans lower. But wheat futures rose on short-covering as a Ukrainian drone attack in Russia […] Read more
