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CBOT wheat

Soybeans set for second weekly loss on Argentine rains
Markets

Soybeans set for second weekly loss on Argentine rains

  • Consultancy Strategie Grains on Thursday lowered its monthly forecast of soft wheat exports from the European Union and Britain in the 2020/21 season by 900,000 tonnes to 25.2 million to take account of a drop in demand, notably from China.
Published 19 Mar, 2021 10:08am
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
Wheat up 1-3 cents; soybeans, corn down 3-5 cents
Markets

Wheat up 1-3 cents; soybeans, corn down 3-5 cents

  • CBOT wheat inching higher overnight after the USDA offered mixed ratings for US winter wheat conditions. Gains are limited by rain forecasts across the US Southern Plains.
  • Russian wheat export prices fell last week after two weeks of growth due to lower prices in Chicago and Paris, analysts said.
Published 09 Mar, 2021 08:45pm
Soybeans up 10-13 cents; wheat up 3-6 cents; corn up 2-5 cents
Markets

Soybeans up 10-13 cents; wheat up 3-6 cents; corn up 2-5 cents

  • CBOT wheat is supported by a strong soybean market, but pressure continues as weather forecasts for the US Southern Plains show beneficial rains for winter wheat there.
  • Wet weather continues to hamper Brazilian harvest and second crop corn planting, adding support to CBOT corn amid tight global stocks.
Updated 08 Mar, 2021 10:16pm
Wheat up 5-7 cents; corn, soybeans down 2-4 cents
Markets

Wheat up 5-7 cents; corn, soybeans down 2-4 cents

  • Wheat futures rebounding from three straight days of declines, supported by deteriorating crop conditions in the US Plains.
  • The US Agriculture Department lowered its good-to-excellent ratings for wheat in Kansas, Texas and Oklahoma.
Published 02 Mar, 2021 08:30pm