CHICAGO, Oct 28 (Reuters) – U.S. soybean futures pared gains
after rising to a nearly two-month high on Tuesday after a rally
fuelled by soaring soymeal prices sparked a round of farmer
sales and investor profit taking.
Soybean and soymeal futures each traded in both
positive and negative territory in volatile dealings at the
Chicago Board of Trade. A record-large U.S. soy harvest started
to gain steam after a slow start, replenishing supplies that had
run short at domestic processing plants.
CHICAGO, Oct 3 (Reuters) – U.S. soybeans edged lower on
Friday, losing ground for the first time in three sessions on
pressure from impressive yield results during the early days of
a record harvest.
But prices for the oilseed were on track for a modest weekly
gain at the Chicago Board of Trade after rains delayed fieldwork
in the Midwestern crop belt during the latter half of the week.
CHICAGO, Oct 1 (Reuters) – U.S. corn and soybeans edged
narrowly higher on Wednesday as investors covered short
positions after prices fell to multiyear lows earlier in the
session and while rains stalled record harvests in the
Midwestern crop belt.
Wheat futures also were higher, stabilizing after their
four-year low reached last week. The gains followed the U.S.
Agriculture Department’s largely bearish quarterly stocks and
small grains summaries that were released on Tuesday.
CHICAGO, Sept 30 (Reuters) – U.S. soybeans eased 1 percent
on Tuesday, giving back most of their gains from the previous
session and heading for their biggest quarterly loss in six
years, sapped by the prospect of a record U.S. crop and a surge
in the dollar.
Wheat also fell sharply while corn was narrowly lower as
investors squared books in the final trading day of the third
quarter and awaited a quarterly stocks report from the U.S.
Department of Agriculture due at 11 a.m. CDT (1600 GMT).
CHICAGO, Sept 29 (Reuters) – U.S. corn and soybeans edged
higher on Monday, rebounding from their multiyear lows reached
earlier in the trading session amid the advancing harvest of
record crops and a continuing dollar rally that dented export
Wheat futures also were mostly higher at the Chicago Board
of Trade after the dollar trimmed gains against a basket
of other currencies. Plentiful global grain supplies and a
surging greenback have made U.S. corn and wheat less competitive
in top export destinations in Asia, Africa and the Middle East.
CHICAGO, Sept 26 (Reuters) – U.S. corn and soybeans extended
losses to reach fresh four-year lows on Friday as weather
conditions remained ideal for record harvests in the Midwestern
crop belt while new highs in the dollar made the supplies less
competitive in global markets.
Wheat futures were narrowly higher, pressured by prospects
of a record global crop this season.
CHICAGO, Sept 25 (Reuters) – With a record U.S. harvest just
coming in, the river transportation system that is at the heart
of the nation’s farm economy is overstrained by rising demand
for shipping capacity, a low barge inventory, and a dilapidated
The pressure is building on an inland waterways network that
is just one flood, drought or mechanical breakdown from calamity
after decades of neglect, industry sources say.
CHICAGO, Sept 23 (Reuters) – Cash prices for U.S. soybeans
have dropped by as much as $5 per bushel since last week as
processors have slashed historically high bids for the beans
during the early phases of a record harvest, grain merchants and
analysts said on Tuesday.
Soybean prices that reached nearly $15 per bushel at a
closely watched crushing plant in Claypool, Indiana, last week
were about $9.80 on Tuesday for immediate deliveries, with
further declines expected in the so-called “basis,” or the
amount above or below benchmark Chicago Board of Trade soy
futures that buyers are willing to pay.
CHICAGO, Sept 22 (Reuters) – U.S. corn and soy futures
tumbled to four-year lows on Monday, pressured by favorable
weather for record harvests in the United States and a rising
dollar that made the supplies less competitive in global
Chicago Board of Trade wheat futures also were lower,
erasing gains in sympathy with declines in corn and soy. Wheat
prices had been higher earlier in the session after the main
buying agency for top global importer Egypt purchased U.S.
supplies for the first time since March.
CHICAGO, Sept 4 (Reuters) – U.S. corn and soybeans futures
fell more than 1 percent to their lowest levels in four years on
Thursday in a technical selloff sparked by the looming harvest
of record-large crops.
Wheat futures also were mostly lower after notching contract
lows in the previous session. The dollar climbed to its
highest point in more than a year against a basket of other
currencies, further weighing on U.S. grains as importers could
more cheaply source supplies priced in other currencies.