WHEAT – Steady to up 1 cent per bushel Short-covering supportive but plentiful supply situation continues to cap any gains. CORN – Steady to up 2 cents per bushel Prices receiving some support from talk that China could step up purchases of U.S. corn but gains likely to be limited unless market gets confirmation of… read more
Tag Archives: Futures news
Futures Broker / Grain Calls and News
By Ian Berry OF DOW JONES NEWSWIRES CHICAGO (DOW JONES)– Supply and demand estimates from the U.S. Department of Agriculture Thursday were considered bullish for Chicago Board of Trade corn and neutral for both soybeans and wheat, traders said. The highlight of the reports, traders said, was a surprising cut in both old-crop and new-crop… read more
Futures Broker / Grain Calls and News
WHEAT – Down 1 to 3 cents per bushel. Plentiful supplies, firm dollar expected to weigh on prices early. Traders said the market was trying to consolidate after the July contract fell to a new low on Thursday. CORN – Down 1 to 2 cents per bushel. Weaker-than-expected export sales, good crop weather around U.S.… read more
Futures Broker / Grain Calls and News
WHEAT – Down 4-7 cents. * U.S. winter wheat harvest accelerating amid good weather * Spreading concerns about stripe rust problems in Plains HRW region noted * Head scab a concern in SRW wheat areas. CORN – Down 3-5 cents. * Pressured by near-ideal weather conditions in the U.S. Midwest. * China weekly corn auctions… read more
Futures Broker / Grain Calls and News
WHEAT – Steady to up 1 cent per bushel. * Short-covering bounce expected as dollar eases; market rebounding after contract lows hit early this week. End-month positioning expected. CORN – Down 1 to 2 cents per bushel. * Setback from Thursday’s higher close, with generally favorable U.S. crop weather overhanging the market. Quiet consolidation expected… read more
Futures Broker / Grain News and Calls
WHEAT – Up 3 to 5 cents per bushel. Boosted by weak dollar and higher equities markets. USDA’s export sales report showed U.S. wheat exports above trade expectations. CORN – Up 1 to 2 cents per bushel. Support from firm crude oil and higher equities in addition to a weak dollar and potential further sales… read more
Futures Broker / Grain News and Calls
WHEAT – Up 5 to 7 cents per bushel. Short-covering, a weak dollar and rebound in equities markets lending support to wheat futures. CORN – Up 3 to 5 cents per bushel. Support from news China may import more U.S. corn, a weak dollar, higher crude oil and a rebound in equities markets. SOYBEANS –… read more
Futures Broker / Grain News and Calls
WHEAT – Down 3 to 5 cents per bushel. * Strong dollar and falling equities weigh on wheat futures in addition to continued pressure from an abundant stockpile of wheat. CORN – Down 5 to 7 cents per bushel. * Good crop seeding and growing weather in the U.S., a strong dollar and falling crude… read more
Futures Broker / Grain News and Calls
WHEAT – Down 1 to 2 cents per bushel. Pressure from firm dollar, weak equities and plentiful supply of wheat but underpinned by hot weather in northern Europe that may have harmed some of the wheat crop there. CORN – Down 1 to 2 cents per bushel. Firm dollar, lower equities and warmer and drier… read more
Futures Broker / Grain News and Calls
WHEAT – Down 2 to 3 cents per bushel. Pressure from firm dollar and falling equities as market continues to deal with uncertainty about the eurozone economy. Also pressure from a turn to warmer U.S. crop weather which will help boost production prospects. CORN – Down 1 to 2 cents per bushel. Pressure from a… read more