CBOT soybean

Wheat down 5-6 cents, soy down 3-4, nearby corn up 3-4
Markets

Wheat down 5-6 cents, soy down 3-4, nearby corn up 3-4

  • Wheat futures lower on improved US winter wheat condition ratings and ideas that Russia might relax grain export controls.
  • Weekly winter wheat condition ratings improved in the last week in Kansas and Oklahoma while holding steady in Texas, the US Department of Agriculture said Monday.
Updated 16 Mar, 2021 10:03pm
Soybeans down 2-3 cents; corn, wheat mixed
Markets

Soybeans down 2-3 cents; corn, wheat mixed

  • Wheat futures choppy following weekend storms that brought beneficial moisture to dry areas of the US Plains winter wheat belt.
  • Russian wheat export prices fell for a second consecutive week last week after the Russian origin lost a major tender in Egypt and CBOT wheat prices fell, analysts said.
Updated 15 Mar, 2021 09:26pm
Soybeans down 6-9 cents; corn down 3-5 cents; wheat up 0-1 cents
Markets

Soybeans down 6-9 cents; corn down 3-5 cents; wheat up 0-1 cents

  • CBOT wheat hovered near even overnight after a 1.5% drop Thursday, pressured by beneficial rains expected across the US Southern Plains.
  • China is scooping up supplies of US white wheat to feed livestock, pushing export forecasts for the grain usually used to make sponge cakes and noodles to a 27-year-high.
Published 12 Mar, 2021 09:14pm