Michael's Feed
Jun 12, 2015

Wheat falls to 1-1/2 week low as supply risks ease

CHICAGO, June 12 (Reuters) – U.S. wheat futures fell to
their lowest level in 1-1/2 weeks on Friday, surrendering more
gains from a recent rally, weighed down by plentiful supplies
and slow export sales.

Corn and soybean prices also eased, with overall favorable
U.S. crop conditions contributing to the downward pressure on

Jun 12, 2015

U.S. distillers’ grains prices tumble on China cancellation talk

CHICAGO, June 12 (Reuters) – Prices for U.S. distillers’
dried grains with solubles (DDGS) fell more than $15 per short
ton this week on chatter that top importer China was cancelling
cargoes or pushing back deliveries until autumn, export sources
said on Friday.

China cancelled two bulk vessels of U.S. DDGS and could
cancel as many as six more cargoes, two sources said. The
vessels can hold as much as 55,000 tonnes of DDGS, a
protein-rich animal feed that is a byproduct of corn-based

Jun 11, 2015

Wheat slips to 1-week low after USDA raises supply outlook

CHICAGO, June 11 (Reuters) – U.S. wheat futures extended
losses to the lowest levels in a week on Thursday, pressured by
gains in the dollar and after the U.S. Department of Agriculture
raised its supply outlook.

Soybeans and corn also eased as the higher greenback made
U.S. goods less attractive in international markets. The dollar
climbed as a surge in U.S. retail sales could push the Federal
Reserve to boost interest rates by September.

Jun 11, 2015

Crawford steals spotlight as Blackhawks beat Lightning 2-1

By Michael Hirtzer

(Reuters) – Chicago netminder Corey Crawford stood tall and Brandon Saad scored the winner as the Blackhawks beat the Tampa Bay Lightning 2-1 to square the Stanley Cup final at two games each on Wednesday.

Crawford was strong early and even stronger in the game’s closing minutes, stopping a flurry of shots including two point-blank rips from Steven Stamkos with an extra skater on the ice for Tampa Bay.

Jun 10, 2015

Wheat falls most in two weeks as USDA boosts supply outlook

CHICAGO, June 10 (Reuters) – U.S. wheat futures tumbled more
than 3 percent on Wednesday, on pace for their largest losses in
two weeks, after the U.S. Department of Agriculture in a monthly
supply and demand report boosted its production forecast for the
winter wheat crop.

Corn futures also were lower at the Chicago Board of Trade,
pressured by plentiful domestic and global grain supplies, while
soybean futures were narrowly mixed.

Jun 9, 2015

Hedman’s passes loom large for Lightning in Game Three win

CHICAGO (Reuters) – The Tampa Bay Lightning’s 3-2 Game Three win over the Chicago Blackhawks in the Stanley Cup Finals on Monday was defender Victor Hedman’s “coming-out party,” according to Lightning coach Jon Cooper.

The imposing Swede, who stands 6 feet, 6 inches (198 cm), extended his franchise-record playoffs points total for defenseman with his second straight multi-assist game.

Jun 9, 2015

Lightning score late to take series lead vs Blackhawks

CHICAGO (Reuters) – The Tampa Bay Lightning shrugged off a hostile Chicago crowd to score twice in the third period and beat the Blackhawks 3-2 on Monday, giving them a 2-1 lead in the Stanley Cup Final.

After a split of the opening two games in the best-of-seven series, Chicago looked like they would seize the advantage when Brandon Saad put them 2-1 up early in the third.

Jun 2, 2015

Expansion in U.S. ethanol on hold after blending targets slashed

CHICAGO (Reuters) – Expansion in the U.S. ethanol industry, stuck in neutral for more than a year as the government debated biofuel blending requirements, is now likely to come to a screeching halt.

With the U.S. Environmental Protection Agency last week essentially maintaining the so-called blend wall that mandates nearly every gallon of gasoline sold in the United States contain 10 percent ethanol, there is little need for new plants in a saturated market, industry sources said.

May 22, 2015

Soy, corn, wheat tumble as dollar firms before long weekend

CHICAGO, May 22 (Reuters) – U.S. grains and oilseeds fell
more than 1 percent on Friday, with soybeans tumbling to the
lowest levels since October in a broad commodities selloff as
the dollar rallied against a basket of global currencies.

Soybeans, corn and wheat each reversed earlier gains and
fell to session lows as the dollar rode to session highs by
midmorning, before another round of selling in the minutes
before the close. Some investors also were liquidating holdings
ahead of the three-day U.S. Memorial Day holiday weekend.

May 22, 2015

Wheat, corn ease 1 pct as dollar firms ahead of long weekend

CHICAGO, May 22 (Reuters) – U.S. wheat and corn futures each
fell as much as 1 percent on Friday, reversing from earlier
gains in a technical selloff as the dollar rallied against a
basket of global currencies.

Soybean futures also edged lower in overall thin volumes at
the Chicago Board of Trade as investors exited positions ahead
of the three-day weekend for Monday’s U.S. Memorial Day holiday.