*Wheat falls for 7th day but holds $5 floor. *Soybeans near 3- month low as Latam crops, soyoil weigh. Soybeans eased for a third day to stay close to a three-month low on expectations for record South American crops and a plunge in soybean oil prices.» Read More
CAIRO, Oct 11- Egypt, the world's biggest wheat importer, will stop purchasing wheat until March 2015, the supplies minister said on Saturday. Egypt purchased 5.46 million tonnes of wheat from abroad in the 2013-2014 fiscal year in addition to 3.7 million tonnes of local wheat. Hanafi said last week Egypt aimed to cut its state imports of wheat in the next year to...
*Wheat supported by USDA stocks view. CHICAGO, Oct 10- Chicago Board of Trade corn and soybean futures dropped on Friday, with big crops in focus following a U.S. Agriculture Department report that boosted already-record forecasts for U.S. production. Wheat futures closed higher after the USDA cut its outlook for domestic supplies in the closely watched report.
*Corn, soy firm despite expectations for record crops. Corn and soybeans firmed, with corn notching its seventh straight day of gains. "It seems that the rally ran out of steam as fundamentals globally remain a bit bearish," said Greg Grow, director of agribusiness at Archer Financial Services.
*Corn, soy firm despite expectations for record crops. Corn and soybeans firmed, with corn on track for its seventh straight day of gains. "The U.S. Agriculture Department is going to remind us of a world that is flush with wheat," said Tom Fritz, a partner with EFG Group in Chicago.
NEW YORK- A futures broker has agreed to pay a $1.56 million penalty to settle claims that he manipulated wheat futures prices with fictitious sales in 2009, according to a court filing.
*Corn, soy rise ahead of USDA stocks report next week. PARIS/ SINGAPORE, Sept 25- Chicago wheat on Thursday pared overnight gains as operators feared that a rise in the dollar could hamper demand for U.S. supplies, after more than four months of mostly falling prices had reached levels that attracted buyers.
*Wheat traders gained confidence this week after Egypt's GASC bought its first cargo of U.S. wheat in six months, taking SRW at nearly a $10 per tonne discount on a FOB basis to French wheat. *FOB hard red winter wheat basis offers rose 5 cents for Oct/Nov/Dec loadings to 205/ 205/ 200 cents over KCBT December futures.
CHICAGO, Sept 19- U.S. wheat futures fell 2.9 percent to their lowest in more than four years on Friday, matching a similar low in Paris wheat futures, as a global supply glut overwhelmed demand and pressured prices.
*Soybeans, corn shrug off export news. *Soybeans on track for weekly loss of 12.2 percent. CHICAGO, Sept 19- U.S. wheat futures fell 2.1 percent to their lowest in more than four years on Friday, matching a similar low in Paris wheat futures, as a global supply glut overwhelmed demand and pressured prices.
CHICAGO, Sept 17- Chicago Board of Trade soybeans and wheat firmed slightly on Wednesday as bargain hunters stepped into the market to provide a boost to commodities that were trending near four-year lows, traders said. "The new crop is going to overwhelm the balance tables," Matt Zeller, director of market information at INTL FCStone, said in a note to clients.
*FOB soybean offers for October/November shipments fell 7 cents to 173/ 163 cents over CBOT November futures, tracking weaker nearby CIF values- which fell about 25- 30 cents a bushel this week- ahead of the expected record harvest.
Wheat futures, which rose to a three-week high last Thursday on short-covering tied to escalating Ukraine- Russia tensions, reversed course and notched their largest two-session decline since Aug. 13.
BOLIVAR, Argentina, Sept 2- Grains powerhouse Argentina could increase soy, corn and wheat output by as much as a fifth if the president elected next year scraps export quotas, eases taxes and reverses other policies that have slowed investment, farmers and commodity traders say.
The price of oil continues to slide, and it's the birthday of commercial oil wells in the U.S. CNBC's Rick Santelli checks on corn and wheat prices.
SINGAPORE, Aug 22- Asian feed grain importers expect an influx of cheap feed wheat from Ukraine and France as heavy rain in Europe damages the quality of crops, leaving them fit for only animal consumption.
CHICAGO, Aug 18- Dave Wiechert of Nashville, Illinois, does good business most years cleaning seed for farmers in preparation for planting season. Wheat currently sells at around $5 per bushel.
SOCHI, Russia, Aug 12- Russia will supply at least 5-5.5 million tonnes of wheat to Egypt this year and will increase agricultural goods imports from the North African country, Russian President Vladimir Putin told reporters after meeting with Egypt's President Abdel Fattah al-Sisi.
PUTIN SAYS RUSSIA TO SUPPLY EGYPT WITH AT LEAST 5-5.5 MLN TONNES OF WHEAT.
Corn futures also fell, weighed down by light demand on the export market. Traders said the wheat market was in focus owing to concerns about how the conflict between Russia and Ukraine would affect exports from the Black Sea region.
*Wheat falls after hitting highest since June 30. Traders said the wheat market was in focus due to concerns about how the conflict between Russia and Ukraine would affect exports from the Black Sea region.