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Apr 29, 2015

Corn rebounds from 6-month low on technicals, weak dollar

CHICAGO, April 29 (Reuters) – U.S. corn edged higher on
Wednesday, rebounding from a six-month low notched in the
previous session on light investor short covering and a weaker
dollar.

Soybeans also gained at the Chicago Board of Trade on
exporter demand, led by top importer China, while wheat prices
were mixed after Tuesday’s nearly five-year low.

Apr 28, 2015

Wheat higher on short-covering after nearly 5-year low

CHICAGO, April 28 (Reuters) – U.S. wheat futures were
narrowly higher on Tuesday, rising in a short-covering bounce
after tumbling to their lowest levels since June of 2010 earlier
in the session.

Bargain buying, coupled with a weaker dollar, offset
pressure from stable U.S. crop conditions and recent rains in
dry portions of the southern Plains.

Apr 28, 2015

Wheat near 5-year low on good U.S. crop conditions, rains

CHICAGO, April 28 (Reuters) – U.S. wheat tumbled to its
lowest levels since June 2010 on Tuesday, pressured by stable
crop conditions and recent rains in what were dry portions of
the southern Plains.

A massive net short position held by speculative investors
also weighed on Chicago Board of Trade wheat futures <0#W:> amid
plentiful global grain supplies and cheaper offerings out of
Europe and the Black Sea region.

Apr 27, 2015

Corn, wheat fall to 6-month lows on U.S. weather

CHICAGO, April 27 (Reuters) – U.S. corn and wheat futures
fell on Monday to their lowest levels since October, on outlooks
for speedy corn plantings in the Midwest and crop-friendly rains
in the southern Plains wheat belt.

Chicago Board of Trade corn futures extended declines to
their sixth straight session amid forecasts for dry weather this
week that will allow farmers to work fields. Analysts polled by
Reuters expected the U.S. Department of Agriculture later in the
day to report U.S. corn plantings as of Sunday at 21 percent
complete, above last year’s pace.

Apr 8, 2015

U.S. corn processors boost bids as farmers dig in heels

CHICAGO, April 8 (Reuters) – U.S. corn farmers could be
tempted to sell to stretched processors if government data on
supplies due on Thursday helps push cash prices over a
$4-per-bushel psychological barrier.

With futures prices slipping, Archer Daniels Midland Co
and Ingredion Inc are both offering premiums
for cash corn at the highest levels since September to ensure
enough supplies to keep on crushing to make products such as
ethanol and dextrose, grain brokers said.

Mar 27, 2015

Wheat jumps 2 pct in rebound ahead of USDA reports

CHICAGO, March 27 (Reuters) – U.S. wheat climbed as much as
2 percent in a bargain-buying bounce on Friday, rebounding after
three sessions of steep declines that dragged futures into
technically oversold territory.

Soybean and corn futures each were lower at the Chicago
Board of Trade with investors in all three trading pits squaring
their books ahead of the U.S. Department of Agriculture’s
prospective plantings report due next week.

Mar 26, 2015

U.S. wheat down most in nearly 2 years on dollar rebound

CHICAGO, March 26 (Reuters) – U.S. grain and soybean futures
reversed early gains to turn lower on Thursday on pressure from
a higher dollar, with wheat’s three-session decline of more than
6 percent the biggest such slide in nearly two years.

The dollar, which rose in a rebound from a three-week
low, makes goods priced in the greenback less attractive on
international markets. Fresh evidence of wheat’s competitive
disadvantage came in the U.S. Department of Agriculture’s weekly
export sales report showing the smallest wheat exports since
June.

Mar 25, 2015

U.S. wheat drops on rain forecast, corn hits 3-week high

CHICAGO, March 25 (Reuters) – U.S. wheat fell for the third
straight session on Wednesday, pressured by technical selling
and forecasts for rains needed in the parched southern U.S.
Plains growing region.

But prices trimmed their losses while corn edged higher and
soybeans lower in a choppy session at the Chicago Board of
Trade. The narrow changes could characterize the trade until
next week, when the U.S. Department of Agriculture is due to
release one of the most important crop reports of the year.

Mar 24, 2015

U.S. wheat tumbles 2 percent after rally as rain monitored

CHICAGO, March 24 (Reuters) – U.S. wheat tumbled as much as
2 percent on Tuesday as investors took profits after the
previous session’s five-week high and extended weather outlooks
showed the possibility of crop-friendly rains in the United
States and Russia.

Soybean futures also were lower at the Chicago Board of
Trade, pressured by record South American harvests and
disappointing manufacturing data out of top importer China.

Mar 23, 2015

Soy, corn and wheat rise on weak dollar, short-covering

CHICAGO, March 23 (Reuters) – U.S. soybean, corn and wheat
futures climbed 1 percent or more on Monday, extending gains
from late last week as the dollar weakened and investors covered
short positions.

Dry weather in Russia and southern U.S. Plains growing areas
also underpinned wheat prices while corn futures climbed above
several key moving averages, lending technical support. But
prices pared gains late after the higher futures triggered light
selling by U.S. farmers, analysts and brokers said.