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.» Read More
WICHITA, Kansas, April 30- Yield prospects for winter wheat in drought-hit southwestern Kansas are the poorest in more than a decade, potentially tightening global supplies of high-quality milling wheat, scouts on an annual tour of the top U.S. wheat state said Wednesday.
*Local wheat purchasing season set to begin in war-torn Syria. AMMAN/ ABU DHABI, April 28- War and drought have crippled Syria's wheat crop, with some experts now forecasting output of the staple food could fall to around a third of pre-war levels, and possibly even below 1 million tonnes for the first time in 40 years.
*Bunge says poor soy crushing margins in China to improve. CHICAGO, April 25- U.S. wheat futures touched their highest level in more than a week on Friday as escalating tensions in Ukraine heightened fears of supply disruptions and forecasts for drier-than-expected weather fueled concerns about crop damage in the U.S.
*Market wary of Ukraine violence, still-dry U.S. PARIS/ SINGAPORE, April 25- Chicago wheat futures extended gains to a fourth session on Friday, trading at a one-week high, as the market remained wary of rising tension in Ukraine and dryness in the U.S. wheat belt.
SINGAPORE, April 25- U.S. wheat futures stretched gains to a fourth session running on Friday on supply risks due to dry U.S. weather and mounting tensions in Ukraine. *Chicago Board of Trade wheat for July delivery was up half a percent at $7.00 a bushel by 0049 GMT, adding to Thursday's 2 percent jump.
*Wheat suffers biggest one-day drop in more than a year. "Wheat is the star of the show," said Sterling Smith, futures specialist for Citi. Chicago Board of Trade wheat for May delivery closed down 23 cents, or 3.3 percent, at $6.68-1/ 4 after touching a one-week low of $6.62-3/ 4 earlier in the session.
*Wheat drops 3.6 percent to one-week low. Wheat futures dropped 3.6 percent to a one-week low on expectations for more rainfall in the drought-stricken Plains. Chicago Board of Trade wheat for May delivery was down 25-1/ 2 cents, or 3.7 percent, at $6.65-3/ 4 a bushel at 10:15 a.m CDT.
LONDON, April 21- Chicago wheat fell around 2 percent on Monday to its lowest in almost a week after much needed rains fell in the parched U.S. Corn and soybean prices were also lower. Chicago Board of Trade wheat for May delivery was off 2.0 percent at $6.77-1/ 4 a bushel at 1119 GMT after earlier dipping to $6.76-1/ 4 a bushel, its lowest since April 15.
SINGAPORE, April 21- Chicago wheat fell more than 2 percent on Monday to its lowest in almost a week, while corn slid for a third consecutive session as improved U.S. weather pressured grain prices. Chicago Board of Trade wheat for May delivery slid as much as 2.2 percent to $6.76-1/ 4 a bushel, its lowest since April 15.
*Wheat gains on weather concerns, exports. CHICAGO, April 17- U.S. wheat futures firmed on Thursday, supported by short-covering, concerns that a recent cold snap in key growing areas damaged some of the crop and worries that grain shipments from the Black Sea could be disrupted by political unrest in Ukraine, traders said.
*Wheat firms on weather concerns, exports. Corn and soybeans eased, with soy setting back on some mild profit taking after bigger-than-expected crush data sparked a rally that pushed prices to a nine-month high earlier in the week.
*Wheat posts biggest decline in two weeks. *Corn falls on forecasts for improved U.S. planting weather. Wheat led the way, giving up nearly 2 percent on expectations for a turn to better crop weather in the U.S.
*Concerns about Ukraine unrest buoy wheat futures. Wheat futures gained 3.4 percent, surging through the $7- a-bushel level, on fears that escalating political tensions in Ukraine would disrupt shipments of the grain from the key exporter. "The market last week was compressed on the China default news," said Dan Cekander, grains analyst with Newedge USA.
*Concerns about Ukraine unrest buoy wheat futures. Wheat futures gained 2.3 percent, supported by concerns escalating political tensions in Ukraine would disrupt shipments of the grain from the key exporter. "The market last week was compressed on the China default news," said Dan Cekander, grains analyst with Newedge USA.
*Dry weather in France, Germany seen threat to wheat yields. LONDON, April 15- Wheat prices on the Chicago Board of Trade edged higher on Tuesday, moving back towards the prior session's two-week peak, boosted by cold, dry weather in the U.S.
*Harsh U.S. weather, Ukraine tensions limit losses. SINGAPORE, April 15- U.S. wheat dipped on Tuesday after rising the most in three weeks in the last session, but losses were limited by concerns over cold weather hitting the U.S. winter crop and tensions in key grain supplier Ukraine.
SINGAPORE, April 15- U.S. wheat futures edged lower on Tuesday after rising the most in three weeks in the prior session, but a modest drop suggests investors remain concerned about weather impacts on the U.S. crop and tensions over Ukraine.
*Corn follows wheat; strong export data lends support. Corn and soybeans followed wheat higher, with corn buoyed by strong weekly export inspections data. At the Chicago Board of Trade, May wheat settled up 18-1/ 2 cents at $6.78-3/ 4 per bushel, while the KC May hard red winter wheat contract ended up 22-1/ 2 cents at $7.42.
*Corn follows wheat; strong export data lends support. Corn and soybeans followed wheat higher, with corn buoyed by strong weekly export inspections data. At the Chicago Board of Trade as of 12:08 p.m. CDT, May wheat was up 22 cents at $6.82-1/ 4 per bushel, while the KC May hard red winter wheat contract was up 26-1/ 4 cents at $7.45-3/ 4.
*Corn firms on Ukraine fears, soybean prices rebound. PARIS/ SYDNEY, April 14- U.S. wheat futures rose as much as 2 percent on Monday as tensions escalated in Ukraine, stoking fears of potential disruptions in supply from one of the world's largest exporters.