Insights and Stories on Markets

U.S. grains: Soybeans rebound as market unwinds some of its ‘Trump trade’

Jul. 22, 2024 at 5:44 pm CDT

Chicago Board of Trade soybean futures jumped on Monday on a flurry of short covering, with prices rebounding from last week's 2020 lows as traders re-evaluated the U.S. political landscape after U.S. President Joe Biden abandoned his reelection bid on Sunday.

U.S. grains: Wheat rebounds on short covering, global weather worries

Jul. 19, 2024 at 5:10 pm CDT

By Renee Hickman Reuters

U.S. grains: Soybeans bounce from near 4-year low; corn and wheat decline

Jul. 18, 2024 at 4:29 pm CDT

By Renee Hickman Reuters

U.S. grains: Wheat ends higher on bargain buying; corn firm, soy mixed

Jul. 17, 2024 at 5:57 pm CDT

By Julie Ingwersen Reuters

U.S. grains: Oversold corn and soy bounce back after lows

Jul. 16, 2024 at 4:38 pm CDT

By Renee Hickman Reuters

Klassen: Price discovery continues for feeder cattle fall run

Jul. 16, 2024 at 10:16 am CDT

Thin volumes characterized action market activity last week, which resulted in a wide range of prices for feeders of similar weight. There were some larger packages trading via video for August and September delivery. There has also been some private fob ranch negotiations as feedlots secure upcoming volume.

By Jerry Klassen

U.S. grains: Soybeans near 4-year low; corn, wheat sag on supply prospects

Jul. 15, 2024 at 5:06 pm CDT

U.S. soybean futures fell to their lowest level in nearly four years on Monday and corn and wheat futures followed the weaker trend as rains bolstered Midwest production prospects and traders worried about demand for big crops, analysts said.

By Julie Ingwersen Reuters

Short position in canola edges lower, while soybeans/corn rise

Jul. 15, 2024 at 10:31 am CDT

The managed money short position in canola futures edged lower in the latest data, while bearish bets in soybeans hit their largest level in five years and the net short position in corn set a new record, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin

Exterior of the Chicago Board of Trade building.

U.S. grains: Corn futures turn higher on surprise old-crop stocks forecast

Jul. 12, 2024 at 3:04 pm CDT

Chicago Board of Trade corn futures rebounded off of multi-year lows on Friday, and soybean futures briefly turned higher, as a government report forecast tighter stocks than traders had expected.

By P.J. Huffstutter Reuters

U.S. grains: Wheat, corn and soybeans rebound ahead of data

Jul. 11, 2024 at 5:26 pm CDT

Chicago wheat, corn and soybean futures regained ground on Thursday after Wednesday's dramatic losses as investors covered short positions ahead of the U.S. Department of Agriculture's supply and demand report set to be released on Friday.

By Heather Schlitz Reuters