The dollar weakened broadly amid concerns that U.S. monetary policy may stay loose for a while. The buck reacted to White House... »
U.S. wheat futures strengthened Friday on suspected short covering and in a rebound from recent weakness, although traders said it will be tough to sustain the gains. Chicago Board of Trade May wheat ended up 6 1/2 cents, or 1.4%, at $4.85 1/4 a bushel. Kansas »
Total 2009-crop wheat entries into the government's 9-month price support loan program are 63.117 mln bushels, an decrease of 1.291 mln bushels during the week ended Mar 9, according to USDA. Total 2008-crop entries into 9-month price support loan program »
European wheat futures are trading mixed late Friday, consolidating after trimming values early in the week. "The market has found a level but any rallies remain for selling," said U.K. farmer-owned cooperative Openfield. »
Short-covering and the perception in the market that recent sell-offs were short-term overdone are expected to support U.S. wheat futures at the start of Friday's day session. Chicago Board of Trade May wheat is called to open 3 cents to 5 cents per bushel higher. In »
May corn closed slightly lower Thursday, near mid-range, and hit another fresh five-week low. Near-term chart damage has been inflicted recently. Bears have regained the near-term technical advantage. However, there is now very strong technical support just below the market, at $3.59. »
A high-ranking Indian ministerial panel will decide next week whether to extend a March 31 deadline for exports of wheat products by private trade, a senior government official said Friday. Indian industry officials have sought an extension of the deadline as they have been able to »
The European Union granted export licenses for 330,000 metric tons of soft wheat for the week ended March 9, E.U. data showed Friday. This takes E.U. soft wheat exports to 12.2 million tons, 36 weeks into the 2009-10 marketing year, which is down from 14.9 million tons over the same period the previous year. »
There are plenty of bearish signs for international wheat prices and little that's bullish, yet prices are still susceptible to a short-term bounce, according to an analysis issued Friday by Commonwealth Bank of Australia (CBA.AU). »
Australian wheat prices face negative lead today from U.S., where pressure from large stocks, steep losses in neighboring Chicago Board of Trade soybean futures drove wheat futures to fresh 5-month, contract lows overnight. CBOT May wheat fell 2.75 cents, or »
Pressure from large ending stocks and steep losses in neighboring Chicago Board of Trade soybean futures drove U.S. wheat futures to fresh five-month and contract lows Thursday. CBOT May wheat ended down 2 3/4 cents, or 0.6%, at $4.78 3/4 a bushel. Kansas City Board of »
Bakers, millers and grain exporters are urging the U.S. government to revise its rules for wheat grading and classification in a bid to encourage production of a struggling variety and attract foreign buyers. The U.S. Department of Agriculture asked industry »
U.S. wheat futures finished lower on pressure from large ending stocks and steep losses in neighboring CBOT soybeans. The USDA's March supply/demand report, issued Wednesday, continued to weigh on prices, traders say. »
U.S. wheat futures remain weaker with neighboring markets ahead of the close as funds sell. Commodity funds have sold an estimated 1,000 wheat contracts at CBOT. Large supplies remain fundamentally bearish for the »
European wheat futures traded slightly lower Thursday on follow-through selling from the previous session. Both Paris milling wheat and London feed wheat May contracts hovered around contract lows. »
U.S. wheat futures are mildly lower on light follow-through selling and unsupportive fundamentals. Global wheat stocks will be "adequate for months to come, keeping end users in a hand-to-mouth buying mode," MF Global says in a note. »
For the week ended Mar 4 in metric tons. Based on Jun-May marketing year. New sales are gross sales for the week, net sales are the result of destination changes and foreign purchases/cancellations. Only countries with major activity »
Follow-through selling and bearishness about ample supplies are expected to weigh on U.S. wheat futures early Thursday, although an analyst said the markets appear technically oversold. Chicago Board of Trade May wheat is called to open 1 to 2 cents »
May corn closed lower Wednesday, near mid-range, and hit a fresh five-week low following a bearishly construed USDA supply and demand report. Near-term chart damage has been inflicted recently. Bears have regained the near-term technical advantage. »
India March NCDEX wheat futures provisionally settle up 0.5% at INR1,231.40/100 kg on export nod hopes; panel of ministers to decide later this month whether to allow exports, says farm minister. "Hopes of ease in the export ban is outweighing »
Japan's Ministry of Agriculture, Forestry and Fisheries Thursday bought 152,000 metric tons of wheat in a regular tender, a ministry official said. The wheat of U.S., Canadian and Australian origin in seven cargoes is for shipment between »
