Wheat falls on high supplies, soy sets 10-month low

By Nigel Hunt LONDON, June 14 : Chicago wheat futures fell on Thursday on long liquidation by funds against the backdrop of surplus supplies while soybean prices sank to a 10-month low as heightened concerns over relations between Washington and Beijing weighed on the market. The Chicago Board of Trade’s most-active wheat contract was down […]

Wheat faces biggest weekly fall since mid-March on USDA forecast

By Naveen Thukral SINGAPORE, May 11 : Chicago wheat slid for a third consecutive session on Friday with the market set to post its biggest weekly decline in two months after the U.S. government estimated production above expectations. Soybeans are poised for a second week of decline on pressure from slowing demand in top importer […]

Wheat stays firm on U.S. weather worries

By Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, Apr 19 : U.S. wheat futures rose for a third consecutive session on Thursday, amid growing doubts that parched winter wheat belts in the southern U.S. Plains would receive significant rain. Corn and soybeans were little changed, as investors awaited clearer indications about planting trends. Grain markets were […]

Wheat firms after falling for four days, improved US weather caps gains

By Naveen Thukral SINGAPORE, Apr 17 : Chicago wheat futures edged higher on Tuesday, recouping some of the losses suffered in the last four sessions although the gains were limited after the US Department of Agriculture said the condition of the winter crop was improving. Soybeans ticked up after finishing lower on Monday on profit-taking […]

Wheat falls 1 pct as USDA forecasts record supplies

By Colin Packham SYDNEY, Apr 12 : U.S. wheat futures fell 1 percent on Thursday after the U.S. Department of Agriculture raised its forecast for world supplies, easing fears about potential supply issues in the world’s No. 1 exporter. Corn was unchanged, while soybeans edged higher. The most active wheat futures on the Chicago Board […]

Wheat extends gains as US crop condition at 16-year low

By Colin Packham SYDNEY, Apr 4 : US wheat futures rose nearly 1 percent on Wednesday to linger near an eight-day high amid fears of widespread crop losses in the world’s largest exporter after a report pegged the condition of the crop at a 16-year low. Soybeans edged higher despite fears of weak U.S. sales […]