1102 EDT – CBOT soybean futures sprinted out of the gate, opening higher amid outside support and strong fundamentals. The July contract is at new highs and the market is at its highest price since September. The weaker dollar is the main driver, traders say. The market also has support from tight old crop supplies... »

WINNIPEG (Dow Jones) – Canola contracts on the ICE Futures Canada platform were trading at higher price levels as of 9:40 a.m. EDT. Some of the upward price action in canola reflected oversold price sentiment and the strength seen in the outside markets, industry watchers said. Support in canola stemmed from the gains overnight in... »

OMAHA (Dow Jones)–Western and central Midwest rain, showers for Southern Plains wheat areas, cool and dry in northern crop areas, scattered showers in Argentina and Australia wheat areas, and severe drought concerns in northeastern China corn and soybean areas are the main weather items for the commodity trade’s attention Monday. Western and Central Midwest... »

By Brian Baskin Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Crude futures zoomed to a new six-month high Monday as promising economic data from China raised expectations for a rebound in oil demand. Light, sweet crude for July delivery traded $1.21, or 1.8%, higher at $67.52 a barrel on the... »

0838 EDT – Speculative funds added 6,125 contracts to their CBOT soybean long positions and added 765 contracts to their short positions, putting them net long 89,724 contracts, the CFTC said Friday. The supplemental commitments of traders report also showed that commercial funds added 2,143 contracts to their long positions and added 10,856 to their... »

CHICAGO (Dow Jones)– Chicago Board of Trade corn futures are expected to open 3 to 5 cents higher Monday on outside market support and follow-through buying as the market makes new highs. Corn is called 3 to 5 cents higher. In overnight trade, July corn was up 5 1/2 cents to $4.41 3/4 per bushel... »

CHICAGO (Dow Jones)–Stronger commodity markets across the board, boosted by a weaker dollar could bump up basis levels in the U.S. Monday, especially as old-crop Chicago Board of Trade soybeans ending the overnight session just over $12 a bushel. Grain markets will focus on the speed of planting progress from the weekend and the weather forecasts for... »

CHICAGO (Dow Jones)–Chicago Board of Trade soybean futures are expected to open higher Monday on outside market support and sluggish planting progress, traders said. Soybeans are called 10 to 15 cents higher. In overnight trading, July soybeans were up 17 1/4 cents to $12.01 1/4 per bushel and November soybeans were up 14 3/4 cents to... »

CHICAGO (Dow Jones)–U.S. wheat futures are poised to start firmer Monday on strong outside markets and new money flowing into commodities, traders said. Chicago Board of Trade July wheat is called to open 10 to 15 cents per bushel higher. In overnight electronic trading, CBOT July wheat jumped 12 3/4 cents to $6.50. ... »

(This article was originally published Friday.) By Ian Berry Of DOW JONES NEWSWIRES CHICAGO (Dow Jones)–Most analysts are expecting Monday’s crop progress report to show decent crop condition ratings for corn, but with anywhere from 4% to 9% of the crop yet to be planted. The... »

By Barbara Kollmeyer U.S. stock-index futures were pointing north for Wall Street’s open on Monday, amid investor confidence that the worst of the financial and economic crisis is over, while General Motors officially filed for bankruptcy. For the first trading day of June, S&P 500 futures rose 14.2 points to 932.30 and the... »

0841 EDT – CBOT grain and soybean futures rose in overnight electronic trading on supportive outside markets and wetter-than-expected weather, a CBOT floor analyst says. Gains in crude oil and weakness in the U.S. dollar provide bullish signals for the grains and soy. It seems as though new money will continue to flow into commodities, he... »

0733 EDT – Non-commercial speculative funds increased long CBOT wheat positions by 3,303 contracts, leaving them net short 14,700 contracts as of May 26, the CFTC says in a supplemental report. That is down from a net short position of 18,473 contracts a week earlier. Non-commercial speculative funds increased long KCBT wheat positions by 1,605... »

1221 GMT India June NCDEX Soybean contract provisionally ends down 0.06% at INR2,593/100 kg on subdued local demand after hitting high of INR2,610. “The market shrugged off global gains on weak local sentiment. Demand remains low on anticipation of further fall in prices on higher sowing,” says local analyst; expects contract to trade INR2,582-2,610 tomorrow. Malaysian... »

By Jim Wyckoff OF DOW JONES NEWSWIRES JULY CORN July corn on Friday closed higher, near the session high, hit a fresh 4.5-month high and closed at a bullish monthly high close. The key “outside markets” were bullish for corn Friday, as the U.S. stock indexes were higher, crude oil prices were higher... »

By Barbara Kollmeyer U.S. futures jumped sharply Monday, setting a bullish tone for Wall Street on investor confidence that the worst of the financial crisis is over, and also owing to some relief over General Motors Corp.’s bankruptcy filing. For the first trading day of June, S&P 500 futures rose... »

LONDON (Dow Jones)–Crude oil futures climbed more than $2 to fresh seven-month highs Monday, boosted by stronger equity markets, a weaker dollar and Chinese manufacturing data. Nymex crude broke above $68 a barrel for the first time since early November Monday as oil prices continued the stellar run that saw Nymex crude futures post their largest... »

JULY SOYBEANS July soybeans on Friday closed firmer and near mid-range. The key “outside markets” were bullish for soybeans Friday, as the U.S. stock indexes were firmer, crude oil prices were higher and the U.S. dollar was sharply lower. Bulls do still have the near-term technical advantage. Prices are in a three-month-old uptrend on... »

MOSCOW (Dow Jones)–Russia planted spring grains on 27.5 million hectares to May 30, 88% of the planned total area, and 2 million hectares less than a year earlier, the Agriculture Ministry reported Monday. The planting campaign has been slowed down this year by cold weather. The ministry said corn was planted to... »

MOSCOW (Dow Jones)–Russia is likely to harvest 90 million metric tons of grain this year compared with 108.1 million tons in 2008, the Agriculture Ministry said Monday. The head of the Russian Grain Union, Arkady Zlachevsky, had previously forecast a harvest of 100 million tons this year. The revised forecast is lower because... »