Insights and Stories on Midwest

Apr. 19, 2021 at 6:49 pm CDT

Chicago | Reuters — U.S. corn futures rose on Monday, flirting with multi-year highs set last week, as forecasts for frosty weather and precipitation raised concerns about the pace of planting and germination, analysts said. A weaker dollar lent support, theoretically making U.S. grains more competitive globally. Soybeans followed corn […]

By Julie Ingwersen

Apr. 14, 2021 at 6:20 pm CDT

Chicago | Reuters — U.S. wheat, corn and soybean futures rallied on Wednesday, supported by concerns that a cold snap in the U.S. Midwest and Plains could hamper crop development, traders said. Chicago Board of Trade corn gained 2.4 per cent to hit its highest since June 2013. Wheat futures […]

By Mark Weinraub

Mar. 10, 2021 at 5:21 pm CST

Chicago | Reuters — U.S. corn and soybean futures each fell about two per cent on Wednesday, a day after monthly U.S. Department of Agriculture (USDA) forecasts failed to offer fresh bullish news, freeing traders to book profits following recent multi-year highs, analysts said. Wheat futures also declined, following the […]

By Julie Ingwersen

Mar. 8, 2021 at 5:55 pm CST

Chicago | Reuters — U.S. soybean futures hit their highest in almost seven years on Monday as forecasts for dry weather in Argentina and excessive rains in Brazil stoked supply concerns. Wheat futures declined, pressured by forecasts for beneficial rains in the U.S. Plains winter wheat belt late this week. […]

By Julie Ingwersen

Feb. 16, 2021 at 7:34 pm CST

Chicago | Reuters — U.S. live cattle futures closed mostly higher on Tuesday as frigid conditions gripped the U.S. Plains and Midwest, limiting the movement of animals into meat plants and threatening to reduce cattle weights, traders said. However, rallies were limited as wintry weather and power outages prompted meat-packing […]

By Julie Ingwersen