CHICAGO, Dec 27 (Reuters) – U.S. corn sales to China fell 85
percent last week, government data showed on Friday, as the
export market was roiled by Beijing’s tighter screening for an
unapproved strain of GMO corn.
Shippers have been forced to divert cargoes already on the
water destined for China, the world’s biggest consumer of feed
grain. Uncertainty over the government policy has cast a pall
over the entire market, limiting gains in futures and worrying
CHICAGO, Dec 27 (Reuters) – U.S. corn exports to China
slowed as Beijing continued to reject cargoes containing an
unapproved genetically modified strain, government data released
on Friday showed.
The U.S. Agriculture Department said that 204,600 tonnes of
U.S. corn was shipped to China this week, down 17 percent from a
week ago and the smallest amount since early November. The
cargoes to China accounted for about 15 percent of U.S. corn
CHICAGO, Dec 26 (Reuters) – U.S. corn futures fell 1.6
percent to a one-week low on Thursday, pressured by worries of
weakening demand for U.S. supplies from China, traders said.
Wheat and soybean futures also fell, with wheat hitting a
19-1/2 month low due to ample global stocks that weighed on the
export prospects for U.S. supplies. Soybeans dropped on
improving forecasts for crop development in Argentina.
CHICAGO, Dec 18 (Reuters) – U.S. wheat futures sank to their
lowest in 1-1/2 years on Wednesday, their fifth straight day of
declines, on poor export demand for U.S. supplies, traders said.
Soybean and corn futures edged higher as traders squared
positions ahead of the U.S. Federal Reserve’s decision on its
CHICAGO, Dec 9 (Reuters) – U.S. soybean futures rose 1.3
percent to a one-week high on Monday morning on strong end user
demand, traders said.
Corn futures were up slightly, supported by the gains in
soybeans, while wheat was steady to firm.
CHICAGO, Dec 2 (Reuters) – U.S. grain and soybean futures
fell on Monday, with corn hitting its lowest in more than three
years amid concern that China will limit imports of U.S.
agricultural commodities, traders said.
Soybeans led the declines, falling 1.1 percent. The market
faced additional pressure from profit taking after prices hit
their highest since Sept. 19 during overnight trading.
CHICAGO, Nov 11 (Reuters) – A drop in corn prices to a
three-year low this autumn has caused U.S. farmers to
contemplate boosting their wheat plantings, a shift that would
stem a decades-long trend toward corn.
Wheat futures have surged this autumn, hitting a 4-1/2 month
high as planting of the winter wheat crop kicked into high gear
in the U.S. Plains. Prices for corn fell just as wheat was
rallying, a rare divergence between the two markets that
typically move in the same direction.
CHICAGO, Nov 7 (Reuters) – U.S. corn and soybean futures
rose on Thursday, one day ahead of a key U.S. government report,
due to strength in the cash market as well as signs of firm
demand on the export market, traders said.
Wheat futures were mixed, with Chicago Board of Trade soft
red winter wheat following corn but Kansas City Board of Trade
hard red winter wheat and MGEX spring wheat contracts pressured
by abundant supplies.
CHICAGO, Nov 5 (Reuters) – U.S. wheat futures fell to their
lowest in nearly six weeks on Tuesday due to improving crop
prospects in the U.S. Plains and declining demand on the export
market, traders said.
Soybeans also fell, hitting their lowest since February
2012, while corn was close to unchanged and hovering near a
three-year low. Expectations for an upcoming U.S. government
report to show huge U.S. production of both crops weighed on
CHICAGO, Nov 4 (Reuters) – U.S. soybean futures rose on
Monday on a round of bargain buying and short-covering after
prices fell to their lowest in 21 months during the overnight
Traders also were squaring up positions ahead of the U.S.
Department of Agriculture’s much anticipated monthly supply and
demand report on Friday. The October report was scuttled due to
the partial shutdown of the federal government.