7/9/2021 Soybeans, wheat hesitant as dry northern U.S. still a concern Grain markets cautious before Monday s USDA supply/demand report
(Updates closing prices, adds weekly changes)
By Christopher Walljasper
CHICAGO, July 9 (Reuters) - Chicago corn futures dipped on Friday, losing
12% for the week as rain and moderate temperatures were expected to boost U.S.
Midwest crops.
Wheat followed lower, but was propped up by drier conditions across the
Northern U.S. Plains, while soybeans inched higher on long-term forecasts
returning to hot, dry weather.
The most-active corn contract on the Chicago Board of Trade (CBOT)
lost 6-3/4 cents to $5.17 per bushel, dropping 12.22% for the week, its biggest
GRAINS-Corn heads toward 10% weekly fall as rain aids crop
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GRAINS-Corn, soy rebound after sell-off as weather risks weighed
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5/6/2021 Soybeans near 8-1/2 year top as market eyes more U.S.
acres Cool U.S. weather raises crop-growing concerns
(Adds closing prices, corn export sales data)
By Tom Polansek
CHICAGO, May 6 (Reuters) - Chicago Board of Trade corn
futures extended a rally above eight-year highs on Thursday as
dry weather threatened harvest yields in major exporter Brazil
and kept traders focus on ebbing global supplies.
Soybeans approached an 8-1/2-year peak reached last week,
buoyed by rallying vegetable oil prices, and wheat was also
higher.
Corn crop losses due to dryness in Brazil could shift export
demand to the United States, which is already grappling with