Insights and Stories on MGEX

Apr. 8, 2015 at 7:20 pm CDT

Chicago | Reuters — U.S. corn futures fell for the third day in a row on Wednesday as traders staked out positions ahead of a government report that was expected to boost projections for supplies of the grain at the end of the crop year, traders said. Chicago Board of […]

By Mark Weinraub

Mar. 24, 2015 at 5:48 pm CDT

CNS Canada –– U.S. wheat futures have trended higher over the past few weeks and still have some more room to the upside, as weather concerns for the country’s winter wheat crop and the need to bring acres to spring wheat should provide some support, according to an analyst. Given […]

By Phil Franz-Warkentin

Mar. 19, 2015 at 4:26 pm CDT

Chicago | Reuters –– U.S. corn and soybean futures fell on Thursday, pressured by strength in the dollar that threatened to further chill already cool demand for U.S. exports, traders said. “It was all about the U.S. dollar today, as the night session gapped higher on big volume off dollar-related […]

By Mark Weinraub

Mar. 5, 2015 at 11:43 am CST

CNS Canada –– Chicago wheat futures dropped to fresh contract lows Thursday and have more room to the downside from a chart perspective as speculators continue to add to their short positions, according to a broker. “It’s a momentum trade here with the funds,” said Adam Knosalla, a broker with […]

By Phil Franz-Warkentin

Feb. 5, 2015 at 6:22 pm CST

CNS Canada — All three U.S. wheat futures markets have seen a sizeable corrective bounce after hitting their lowest levels in months to start the week — and could be due for some more strength heading into the spring, a U.S. analyst says. “I’d like to think that the lows […]

By Phil Franz-Warkentin