Soybeans up 5% for the month Wheat falls, set to finish April up 19% By Colin Packham CANBERRA, April 30 (Reuters) - U.S. corn futures edged higher on Friday, as the grain was poised to post its biggest one-month gain in more than two years on global supply concerns. Soybeans were little changed, while wheat rose 0.5%. The most-active corn futures on the Chicago Board of Trade were up 0.2% at $6.49-3/4 a bushel by 0401 GMT, after closing up 0.7% lower on Thursday. Corn up 15% during April, the biggest monthly gain since May 2019. Corn hit a near 8-year high of $6.84 a bushel earlier in the week.
GRAINS-Soybeans follow veg oils lower; corn, wheat gain after selloff agriculture.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agriculture.com Daily Mail and Mail on Sunday newspapers.
Soybeans edge lower after strong rally since mid-2020 Concerns over S. American supplies, Chinese demand to support prices (Adds quote in paragraphs 3-4, global wheat output forecast)By Naveen ThukralSINGAPORE, Feb 26 (Reuters) - Chicago soybean futures slid on Friday as U.S. weekly sales dropped after prices climbed to their highest in more than six years on the back of concerns over South American supplies.Corn and wheat eased but both market were poised to end February in positive territory.
1/14/2021
SINGAPORE, Jan 15 (Reuters) - Chicago corn futures rose for
a fourth consecutive session on Friday and the market was poised
for its biggest weekly gain since July as the U.S. government s
forecast of tightening world supplies supported prices.
Soybeans are on track for a fifth week of gain while wheat
is set to end the week on a positive note after last week s
losses.
FUNDAMENTALS The most-active corn contract on the Chicago Board
of Trade (CBOT) is up 7.9% this week, its biggest weekly gain
since early July. The market was trading up 0.2% at $5.35-1/2 a
bushel as of 0116 GMT.