* WHAT: USDA Weekly Crop Progress report * WHEN: Monday 1600 EDT (2000 GMT) * Analysts see U.S. corn rated 76 pct good/excellent * Analysts see soybeans rated 71 pct good/excellent CHICAGO, June 21 (Reuters) – Rainy weather around the U.S. Midwest last eek was expected to cause the U.S. Agriculture Department to slightly ower… read more
Tag Archives: soybeans
Futures Broker / Grain Calls and News
WHEAT – Steady to up 1 cent per bushel. Spillover support from gains in KCBT and MGEX wheat futures amid excessive wet weather in the Canadian Prairies that is trimming wheat production prospects. Gains limited by profit-taking ahead of the weekend and after the gains early in the week and a firm dollar. CORN –… read more
Futures Broker / Grain Calls and News
By Andrew Johnson Jr. Of DOW JONES NEWSWIRES CHICAGO (Dow Jones)–Soybean futures are expected to begin Thursday’s day session higher, buoyed by follow through buying from Wednesday. Strength in overnight trade is serving as an early signal of price direction. Soybeans are seen 2 cents to 4 cents higher. Overnight, Chicago Board of Trade July… read more
Futures Broker / Grain Calls and News
June 16 (Reuters) – Chicago soybean futures rose half a percent on Wednesday, as oilseed markets remained supported by rains that could slash canola output in Canada and hamper soybean crop progress in the United States. Chicago soy and grain futures drew some strength from greater risk appetite among investors, although share prices gave up… read more
Futures Broker / Grain Calls and News
WHEAT – Down 1 to 2 cents per bushel. * Profit-taking setback after rally on Monday. Wheat gained on Monday, led up by concerns about a cut in Canadian wheat output due to excessive wet weather CORN – Down 1 to 2 cents per bushel. * Profit-taking after Monday’s gains weigh on corn futures, in… read more
Futures Broker / Grain Calls and News
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
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 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