Insights and Stories on Winter Wheat

Mar. 22, 2024 at 5:25 pm CDT

Chicago Board of Trade soybean futures fell more than one per cent on Friday to below $12 a bushel on profit taking a day after the benchmark contract neared a two-month high as farmer soy sales and the dollar's surge added to bearish sentiment, analysts said.

By Heather Schlitz, Reuters

Mar. 21, 2024 at 5:12 pm CDT

Chicago Board of Trade (CBOT) soybean futures surged to a two-month high on Thursday as worries about threatening weather in Argentina triggered speculative buying and short-covering, analysts said, but the market pared gains after the rally spurred a round of farmer sales.

By Heather Schlitz, Reuters

Mar. 20, 2024 at 5:01 pm CDT

Chicago Board of Trade (CBOT) soybean futures jumped two per cent on Wednesday, climbing back above $12 a bushel as commodity funds appeared to cover short positions, brokers said, while news of fresh U.S. soybean export sales and excessive rains in Argentina lent support.

By Heather Schlitz, Reuters

Mar. 19, 2024 at 4:55 pm CDT

Chicago Board of Trade (CBOT) wheat and corn futures strengthened on Tuesday on technical moves as traders seek to unwind short positions ahead of uncertain springtime weather and upcoming U.S. Department of Agriculture reports, analysts said.

By Heather Schlitz, Reuters

Mar. 18, 2024 at 6:10 pm CDT

U.S. wheat futures rose 2.7 per cent on Monday as Russia's weekend attacks on Ukrainian ports underscored risks to exportable grain supplies from the Black Sea region, analysts said.

By Julie Ingwersen, Reuters