Mark's Feed
Jul 23, 2015

U.S. soy falls on improving crop prospects; corn, wheat firm

CHICAGO, July 23 (Reuters) – U.S. soybean futures fell on
Thursday as improving weather in major Midwest growing areas
increased expectations of ample production, traders said.

Wheat futures firmed on a round of bargain buying and
technical support, snapping a seven session losing streak for
the front-month contract. Corn also edged higher, with the
gains in wheat sparking a late session turnaround.

Jul 23, 2015

U.S. corn, soybeans fall; wheat steady

CHICAGO, July 23 (Reuters) – U.S. soybean futures fell on
Thursday as improving weather in major Midwest growing areas
increased expectations of ample production, traders said.

The weather also weighed on corn futures. Much of the U.S.
crop was progressing through its key pollination phase with
ample moisture and low heat stress.

Jul 22, 2015

Improving weather view pressures U.S. corn, soy, wheat

CHICAGO, July 22 (Reuters) – U.S. corn futures fell on
Wednesday, pressured by good weather for crop development across
the U.S. Midwest, traders said.

The benign conditions also weighed on wheat, which eased as
the pace of harvest in eastern growing areas increased.

Jul 22, 2015

Corn, wheat futures fall on favorable U.S. Midwest weather

CHICAGO, July 22 (Reuters) – U.S. corn futures were mostly
lower on Wednesday, pressured by good weather for crop
development across the U.S. Midwest, traders said.

The benign conditions also weighed on wheat, which eased as
the pace of harvest in eastern growing areas increased.

Jul 21, 2015

Soybeans rally on bargain buying, corn firms, wheat weak

CHICAGO, July 21 (Reuters) – Chicago Board of Trade soybean
futures rose 1.1 percent on Tuesday, snapping a streak of five
straight declines on a round of bargain buying after prices fell
to their lowest levels since late June, traders said.

Corn also rose, but gains were muted by declines in the
wheat market as well as expectations that the majority of the
crop in the U.S. Midwest will pass through its key pollination
phase without too much stress.

Jul 21, 2015

Corn, soybeans firm after hitting multi-week lows; wheat weak

CHICAGO, July 21 (Reuters) – Chicago Board of Trade corn and
soybean futures rose on Tuesday, supported by a round of bargain
buying after prices for both commodities fell to their lowest
levels since late June, traders said.

Wheat remained weak, with the front-month contract on
track for its sixth straight lower close on poor export demand
for U.S. supplies.

Jul 20, 2015

Dollar strength, harvest pressure wheat; corn, soy weak

CHICAGO, July 20 (Reuters) – Chicago Board of Trade wheat
futures sank 3.4 percent on Monday to their lowest in more than
three weeks, the fifth straight losing session, on pressure from
dollar strength and a pick-up in the pace of harvest, traders
said.

Soybean and corn futures also fell, weighed down by
improving weather for crop development in the U.S. Midwest as
well as technical weakness.

Jul 20, 2015

U.S. wheat falls to lowest since late June; corn, soy fall

CHICAGO, July 20 (Reuters) – Chicago Board of Trade wheat
futures sank 2.5 percent on Monday to their lowest in more than
three weeks, on track for their fifth straight losing session on
pressure from dollar strength and a pick-up in the pace of
harvest, traders said.

Soybean and corn futures also fell, weighed down by
improving weather for crop development in the U.S. Midwest as
well as technical weakness.

Jul 10, 2015

U.S. old-crop soy, corn stocks miss forecasts, prices soar

WASHINGTON, July 10 (Reuters) – The U.S. Agriculture
Department on Friday cut its outlook for the supply of corn and
soybeans that will be left over at the end of the 2014/15
marketing year by more than expected, sending futures prices
sharply higher.

But new-crop corn and soybean stocks came in above
expectations due to large harvests of both commodities, the
government said.

Jul 10, 2015

U.S. new-crop corn, soy supply view tops forecasts on bumper harvests

WASHINGTON, July 10 (Reuters) – U.S. corn and soybean
supplies will be bigger than expected at the end of the 2015/16
marketing year due to large harvests of both commodities, the
government said on Friday.

But old-crop supplies were cut by more than expected.

The U.S. Agriculture Department left its average yield
estimates for both crops unchanged – 166.8 bushels per acre for
corn and 46 bushels per acre for soybeans – despite a wet spring
that has raised concerns about crop development.

    • About Mark

      "I cover grain futures out of Chicago, with a focus on the wheat market. Examining the effects of world crop production on prices and the vagaries of export demand for U.S. supplies takes up most of my time. Previously, I was a reporter on the equities desk in New York and I got my start as a news assistant in the Washington Bureau."
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