At the Chicago Board of Trade as of 12:23 p.m. CDT, July corn was down 15 cents at $4.22-3/ 4 per bushel. July soybeans were down 10-1/ 2 cents at $11.49 a bushel and July wheat was down 4-1/ 4 cents at $4.77 a bushel. What is more important is that the rains are forecast for the driest regions, " Karl Setzer, analyst with the Iowa- based MaxYield Cooperative, said in a daily...
PARIS/ SINGAPORE, June 17- Chicago soybean futures rose on Friday in step with other commodity markets but remained on course for a first weekly fall in 10 weeks after rain in the U.S. Chicago Board of Trade soybeans were up 1.1 percent at $11.47 a bushel than 28 percent in the previous nine weeks. Corn added 0.9 percent to $4.29 a bushel, while wheat rose 1.2 percent to...
CHICAGO, June 16- U.S. soybean and corn futures fell on Thursday as funds liquidated long positions on improving U.S. weather forecasts and broad weakness in commodity and equities markets, analysts said. At the Chicago Board of Trade as of 11:22 a.m CDT, July soybeans were down 24 cents at $11.32 per bushel. July corn fell 6 cents at $4.23 a bushel and July wheat was...
DUBAI, June 16- Saudi Arabia's main state grain agency, the Saudi Grains Organization said on Thursday it was seeking to buy 300,000 tonnes of hard wheat in a tender. Of the total, 180,000 tonnes will be for shipment to the port of Jeddah and 120,000 tonnes to the port of Dammam. Saudi Arabia has become a major importer of hard and soft wheat since abandoning plans for...
DUBAI, June 16- The Saudi state grain buyer is seeking 300,000 tonnes of hard wheat in a tender from global suppliers, it said on Thursday.
DUBAI, June 16- The Saudi state grain buyer bought 300,000 tonnes of hard wheat in a tender from global suppliers, it said on Thursday.
CHICAGO, June 14- U.S. corn futures rose on Tuesday, rallying from early weakness as updated weather forecasts raised the risk of stressful hot and dry conditions in the Midwest crop belt. Wheat futures fell, dragged down At the Chicago Board of Trade as of 12:41 p.m. CDT, July corn was up 4-1/ 4 cents at $4.34-1/ 4 per bushel, after trading as low as $4.23-1/ 2.
Olam is expanding its footprint in Africa with the $275 million purchase of BUA Group's wheat milling and pasta making assets.
About a quarter of all S&P 500 companies will report earnings in the coming week, which could be a boost for stocks.
CNBC's Jane Wells reports the details out of the latest U.S. crop report.
When the price of sugar falls, things get sweeter for processed food manufacturers such as J.M. Smucker and Hershey, if history is a guide.
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.
The Futures Now team discusses concerns about food inflation, and whether the slide in corn and wheat is good news.
Abah Ofon, Director of Agricultural Commodities Research at Standard Chartered, says tensions about Ukraine have added a supply premium to the wheat market.
The Ukraine conflict has sent commodities markets into a tizzy, with Russia's invasion of the Ukrainian peninsula Crimea pushing up wheat and corn.
In two weeks, Girl Scouts will descend upon supermarkets and businesses to peddle boxes of cookies, tempting people with a new gluten-free cookie.
The United Nations food agency said rising sugar prices due to harvest concerns in Brazil drove global food prices slightly higher in October.
Simona Gambarini, associate director of research at ETF Securities, expects the upcoming USDA crop report to stay bearish.
Philippa Malmgren, president of Principalis Asset Management, argues that the protests in Egypt erupted due to the government's failure to deliver on its promise for lower wheat prices.
Farmers are planting more corn than expected -- in fact, they planted more than any year since 1936, reports CNBC's Jane Wells. The USDA also expects record Soy crops, she says.