CHICAGO-- Grain futures were lower Monday on the Chicago Board of Trade. Wheat for May delivery fell 13.25 cents to $6.4075 a bushel; May corn was 10.75 cents lower at 4.7825 a bushel; May oats sank 23 cents to $4.2325 a bushel; while May soybeans declined 39 cents to $14.1875 a bushel.» Read More
*Ample corn supply back in focus after rally on USDA data. *Wheat rebound stalls, also pressured by large supply. "Corn has cooled quickly following the bullish USDA surprise and a 20- cent gift," Matt Zeller, director of marketing information at INTL FCStone, said in a note to clients.
*Ample corn supply is back in focus after rally on USDA data. PARIS/ SINGAPORE, Jan 14- Chicago corn futures edged lower on Tuesday to halt a two-day rally sparked by lower-than-expected U.S. government supply estimates as attention turned back to a record U.S. crop.
*Egypt purchase buoys wheat market. *Soybeans firm on strong USDA export inspections. *Corn closes firm after early weakness.
Wheat rebounded from a drop to 3-1/ 2 year lows that came after a closely watched U.S. Agriculture Department report on Friday said that domestic and global supplies were bigger than expected.
*Corn extends gains after bullish USDA estimates. Wheat climbed about 1 percent as the first purchase of U.S. wheat this season by Egypt's state buyer helped Chicago futures rebound from a three-and-half year low hit on Friday following the U. S Department of Agriculture's crop estimates.
USDA also showed that recent falling prices caused farmers to turn away from wheat plantings in the U.S. On Friday, USDA raised China's 2013/ 14 corn crop by 6 million tonnes to 217 million, and knocked 2 million tonnes off projected imports to 5 million.
Overnight lows fell to -5 to -10 degrees Fahrenheit across southern Indiana, Ohio, Illinois and northern Kentucky- big soft red winter wheat country, where much of the area was unprotected by snow cover. "It was cold enough to put about 5 percent of the soft wheat crop at risk," Joel Widenor, an agricultural meteorologist with Commodity Weather Group, told Reuters.
Corn and soybean futures also rose as traders evened up positions ahead of key U.S. Department of Agriculture crop reports due out on Friday. Overnight lows fell to minus 5 to minus 10 degrees Fahrenheit across southern Indiana, Ohio, Illinois and northern Kentucky- big soft red winter wheat country, where much of the area was unprotected by snow cover.
CHICAGO, Jan 6- U.S. grain futures rose on Monday as bitterly cold temperatures threatened to damage dormant wheat crops in the United States and a heatwave put Argentina's corn harvest at risk.
Low temperatures on Monday morning were expected to hit 5 to 15 degrees Fahrenheit below zero in parts of Kansas and Nebraska, cold enough to destroy some crops through winterkill.
Rains in Argentina expected to bolster corn, soy crops. Corn and wheat also fell at the Chicago Board of Trade, with wheat setting life-of-contract lows. Soybeans declined as rains fell in parts of Argentina, where soy and corn crops have been in need of moisture.
*Rains in Argentina expected to bolster corn, soy crops. Corn firmed on short covering and spreading against soybeans but wheat sagged under the weight of plentiful global supplies, with values on the Chicago Board of Trade setting life-of-contract lows. Soybeans declined as rains fell in parts of Argentina, where soy and corn crops have been in need of moisture.
Wheat prices turned up after the spot contract on the Chicago Board of Trade dipped below $6 a bushel for the first time in more than 19 months, pressured by ample world supplies. At the Chicago Board of Trade as of 11 a.m. CST, most-active March soybeans were down 13-1/ 2 cents at $12.95-1/ 4 per bushel.
*Rains across Argentina ease drought stress on crops. *Wheat falls, gives back some gains from prior session. CHICAGO, Dec 30- U.S. corn prices closed in on their biggest ever annual decline, falling near 1 percent on Monday as more rain eased drought worries in major exporter Argentina.
LONDON, Dec 27- Wheat futures fell on Friday with prices in Chicago holding just above the prior session's 6-1/ 2 month low as plentiful supplies kept the market on the defensive. "There is plenty of supply but those markets which have the demand have been sustained," one European broker said, referring to the widening premium for Paris over Chicago wheat.
SAO PAULO, Dec 19- Brazil's biggest flour milling group, Moinho Pacifico, said an Argentine trader that supplies wheat informed the mill on Thursday it will not be able to meet its delivery contract for January.
*Corn down for third day in a row. *Soybeans rise on bargain buying, technical support. "Wheat is looking to be a huge crop this year," said Karl Setzer, a commodity trading adviser with the MaxYield Cooperative in West Bend, Iowa.
*Corn down for third day in a row. Corn futures also fell, but soybeans firmed on bargain buying following a weak start. "Wheat is looking to be a huge crop this year," said Karl Setzer, a commodity trading adviser with the MaxYield Cooperative in West Bend, Iowa.
*Wheat toils under rising global supply. PARIS/ SYDNEY, Dec 16- U.S. corn futures fell for a third consecutive session on Monday, bringing cumulative losses to 4 percent, on concerns China could reject more U.S. corn and hamper efforts to shift a record-large U.S. harvest.
PARIS, Dec 11- Brisk world demand and shrinking supplies, notably in competing Black Sea countries, are likely to drive soft wheat exports from the European Union to record highs this season, beating earlier expectations.