*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.» Read More
CNBC's Jackie DeAngelis reports on the latest USDA crop report, citing corn planting was up 3 percent this year, in-line with estimates.
NEW YORK— Cold weather in U.S. growing areas and more worries about disruptions to exports from Ukraine sent the price of wheat sharply higher Monday. May corn rose 5 cents to $5.03 a bushel and May soybeans rose 13 cents to $14.76 a bushel.
CNBC's Jackie DeAngelis previews the release of the USDA's critical crop report.
*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.
CHICAGO— Grain futures were higher Monday in early trading on the Chicago Board of Trade. Wheat for May delivery was 21.50 cents higher at 6.8175 a bushel; May corn was 8.25 cents higher at 5.0675 a bushel; May oats were unchanged at 4.0350 a bushel; while May soybeans was unchanged at 14.63 a bushel.
*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.
Traders are worried that the tensions between the West and Russia over Ukraine will lead to disruptions in shipments of palladium from Russia, a major producer of the metal. Gold for June delivery fell $1.50 to $1,319 an ounce. Soybeans fell 19 cents to $14.63 per bushel, corn fell three cents to $4.99 a bushel and wheat fell two cents to $6.60 a bushel.
CHICAGO— Grain futures were mixed Friday in early trading on the Chicago Board of Trade. Wheat for May delivery was unchanged at 6.6225 a bushel; May corn was 1.75 cents higher at 5.03 a bushel; May oats were unchanged at 4.05 a bushel; while May soybeans 15.25 cents lower at 14.67 a bushel.
CHICAGO— Grain futures were lower Thursday in early trading on the Chicago Board of Trade. Wheat for May delivery was unchanged at 6.69 a bushel; May corn was 3.25 cents lower at 4.99 a bushel; May oats were unchanged at 4.24 a bushel; while May soybeans 6 cents lower at 14.8925 a bushel.
CHICAGO— Grain futures were higher Wednesday in early trading on the Chicago Board of Trade. Wheat for May delivery was unchanged at 6.81 a bushel; May corn was 1.50 cents higher at 5.0750 a bushel; May oats were unchanged at 4.35 a bushel; while May soybeans 15 cents higher at 14.9750 a bushel.
In a new measure, food companies will be asked to label their products as "blend" if sweeteners are added to honey, in an effort to regulate food.
CHICAGO— Grain futures were lower Monday in early trading on the Chicago Board of Trade. Wheat for May delivery was unchanged at 6.6975 a bushel; May corn was 4.25 cents lower at 4.9750 a bushel; May oats were unchanged at 4.1075 a bushel; while May soybeans higher at 3.25 to 14.77 a bushel.
*Chicago Board of Trade wheat for May delivery was up 1-3/ 4 cents at $6.71-1/ 2 a bushel by 0044 GMT. Soybeans were nearly flat at $14.74. *China has still not approved a gene-modified strain of corn known as MIR162, prolonging a ban that has seen nearly 1 million tonnes of the U.S. grain turned away from Chinese ports since November.
NEW YORK, April 6- China's growing appetite for staples like soybeans and corn seems the likely driver behind state trader COFCO's deal to buy a majority stake in Noble Group's agriculture business, yet the move has as much to do with soft commodities.
CHICAGO— Grain futures were higher Thursday in early trading on the Chicago Board f Trade. Wheat for May delivery was unchanged at 6.6925 a bushel; May corn was 1.25 cents higher at 4.96 a bushel; May oats were unchanged at 4.0850 a bushel; while May soybeans was 11.25 cents higher at 14.7350 a bushel.
Futures Now Trader, Jim Iuorio, provides his trade on silver. Also the corn play is not overdone, says Dennis Gartman, The Gartman Letter, sharing his plays on corn, stocks, bonds and gold. And CNBC's Jackie DeAngelis and the Futures Now Traders, provide their thoughts on how to make money in commodities.
*Wheat falls, finds support at 20- day moving average. "The U.S. Agriculture Department did nothing yesterday to dispel notions that U.S. old crop supplies are tight, requiring higher prices to discourage demand and encourage imports and early harvest of 2014 fields," Farm Futures analyst Bryce Knorr said in a note to clients.
Soybeans on the Chicago Board of Trade climbed to a 6-1/ 2 month high as the government data heightened concern about tight old crop supplies while U.S. wheat prices were slightly lower.
Kona Haque, head of agricultural research at Macquarie Group, discusses why farmers are moving towards growing soy.
Corn contract for May delivery on the Chicago Board of Trade hit a session peak of $5.05 a bushel, the highest since Sept. 3. U.S. corn stockpiles were 7.006 billion bushels as of March 1, below analysts' expectations for 7.099 billion bushels, according to quarterly estimates by the U.S. Department of Agriculture released on Monday.