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.
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.
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.
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.
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.
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.
CHICAGO, May 20 (Reuters) – U.S. soybeans fell to
seven-month lows and corn to one-week lows on Wednesday,
pressured by forecasts for near-ideal growing conditions for the
crops next week in the United States.
Cold temperatures that supported prices earlier this week
were seen warming up by next week. Coupled with recent rainfall
in the Midwestern crop belt, the extended outlook was seen as
beneficial to the crops with farmers nearly done with corn
plantings and about halfway done with soybean sowings.
CHICAGO, May 19 (Reuters) – U.S. soybeans fell to contract
lows while corn eased 1.8 percent on Tuesday, pressured by
faster-than-normal spring plantings and overall favorable crop
conditions in the United States.
Wheat futures tumbled 2.7 percent at the Chicago Board of
Trade, with all three markets reversing from gains in the
previous session as the dollar jumped to a two-week high
against a basket of currencies.
CHICAGO, May 18 (Reuters) – U.S. wheat surged as much as 3
percent to the highest levels in a month on Monday as forecasts
for more rain in the U.S. Plains revived concerns about crop
damage and encouraged buying among investors with large short
Worries that frost and cold temperatures could reduce yields
in the northern portion of the Plains also bolstered prices for
wheat, which are up nearly 10 percent in less than a week.
CHICAGO, May 1 (Reuters) – U.S. grains shed as much as 1
percent on Friday as investors sold off positions on the first
day of May amid bearish headwinds of rapid pace of spring
plantings and a strong dollar that could limit export prospects.
Chicago Board of Trade corn futures <0#C:> fell to the
lowest levels since October while soybeans <0#S:> declined from
a three-week high reached in the previous session. Wheat prices
were mixed, hovering near a roughly five-year low notched on