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GRAINS-Corn tops $6 a bushel, soy at 7-year high on tightening supplies Reuters 1 hr ago
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By Julie Ingwersen
CHICAGO, April 20 (Reuters) - U.S. corn futures climbed to their highest in nearly eight years on Tuesday and soybean futures neared a seven-year high as tightening supplies supported cash markets and attracted speculative buying, analysts said.
Worries about dry conditions curbing corn yields in Brazil and cold weather slowing germination of the 2021 U.S. crop added support.
Wheat futures followed the firm trend as freezing temperatures in the U.S. Plains this week threatened developing winter wheat crops.
As of 12:32 p.m. CDT (1732 GMT), Chicago Board of Trade May corn was up 16-1/2 cents at $6.08-1/2 per bushel after reaching $6.11-3/4, the highest price on a continuous chart of the most-active contract since June 2013.
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CHICAGO, March 10 (Reuters) - U.S. corn and soybean futures
each fell about 2% 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 trend, with
beneficial moisture expected to bolster crop prospects in the
U.S. Plains this week.
Chicago Board of Trade May corn settled down 11-3/4
cents at $5.34 per bushel and May soybeans ended down
30-1/4 cents at $14.09-3/4 a bushel.
CBOT May wheat fell 4 cents to settle at $6.52-1/2 a
3/10/2021
By Julie Ingwersen
CHICAGO, March 10 (Reuters) - U.S. corn and soybean futures
each fell about 2% 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 trend, with
beneficial moisture expected to bolster crop prospects in the
U.S. Plains this week.
Chicago Board of Trade May corn settled down 11-3/4
cents at $5.34 per bushel and May soybeans ended down
30-1/4 cents at $14.09-3/4 a bushel.
CBOT May wheat fell 4 cents to settle at $6.52-1/2 a