Insights and Stories of Rod Nickel

Aug. 25, 2014 at 4:12 pm CDT

Reuters — Chicago corn futures fell on Monday after two straight days of gains while soybeans slid to a contract low on forecasts of record crops in the U.S. Wheat also weakened on profit-taking as the focus returned to large global crops. Chicago Board of Trade new-crop December corn fell […]

By Julie Ingwersen, Rod Nickel

Aug. 12, 2014 at 4:14 pm CDT

Reuters — Soybean futures slid on Tuesday after the U.S. Department of Agriculture projected that domestic supplies of the oilseed would be bigger than expected at the end of the next marketing year. Chicago wheat futures were pressured by the department’s higher view on global stocks, while corn futures turned […]

By Rod Nickel

Aug. 11, 2014 at 4:12 pm CDT

Reuters — U.S. wheat futures dipped on Monday in a see-saw trade on technical selling and easing worries about tensions between wheat-exporting countries Russia and Ukraine. Corn futures moved off contract lows hit earlier this month on a short-covering boost before a highly anticipated government crop report while deferred soybean […]

By Rod Nickel

Aug. 8, 2014 at 5:34 pm CDT

Reuters — U.S. wheat futures fell for a second session on Friday on profit-taking but still ran up nearly three per cent this week, partly on fears of disrupted grain flows from the Black Sea region. New-crop corn fell, while soybeans turned higher and both notched weekly gains after spillover […]

By Rod Nickel

Aug. 7, 2014 at 3:10 pm CDT

Reuters — Agrium said Thursday it will keep its only potash mine shut for longer than expected after a breakdown last week, and the downtime will cause it to lose $40 million on wholesale potash operations in the second half of this year. The Calgary-based fertilizer and ag retail company […]

By Rod Nickel