CHICAGO— Grain futures were mostly higher Wednesday in early trading on the Chicago Board of Trade. Wheat for March delivery was. 25 cent higher at $4.8860 a bushel; March corn was 1 cent higher at $3.7040 a bushel; March oats were. 50 cent higher at $2.3540 a bushel; while January soybeans gained 3 cents to 8.6660 a bushel. February live cattle was. 43 cent higher at...» Read More
CHICAGO, June 3- U.S. wheat futures rallied for the third day in a row on Wednesday as a falling dollar sparked a fresh round of short-covering, traders said. Wheat, which typically is the agricultural commodity that is most sensitive to moves in the greenback, has jumped 8.7 percent so far this week as the dollar has fallen to a two-week low against the euro.
*Wheat stable after two-day gains of over 7 pct. HAMBURG/ SINGAPORE, June 3- Chicago wheat, corn and soybeans were little changed on Wednesday as renewed dollar strength took the steam out of a rally driven by the greenback's weakness and concern about weather damage to U.S. crops. Chicago Board of Trade July wheat was up a marginal 0.05 percent at $5.12-3/ 4 per bushel...
*Wheat makes two-day gains of 7.4 pct on Monday-Tuesday. *Corn also hits one-week high. Wheat for July delivery on the Chicago Board of Trade was up 0.2 percent at $5.13-3/ 4 per bushel by 0254 GMT, after hitting a session high of $5.14-1/ 2.
SINGAPORE, June 3- U.S. wheat futures hit a one-week high on Wednesday, stretching gains after climbing nearly 4 percent in the previous session in a rally spurred by the dollar's slide. *Wheat for July delivery on the Chicago Board of Trade was up 0.4 percent at $5.14-1/ 2 per bushel by 0033 GMT, its highest since May 26. *The U.S. Department of Agriculture rated 44...
June 2- Kraft Foods Group Inc and Mondelez International Inc petitioned a judge to dismiss two counts in a case filed by the U.S. Commodity Futures Trading Commission that alleged the companies manipulated wheat prices. The CFTC in April accused Kraft Foods and Mondelez of making massive bets in Chicago's futures markets in late 2011 as part of a plot to drive...
Matt Zeller, director of market information at INTL FCStone said in a note to clients. Chicago Board of Trade soft red winter wheat for July delivery settled up 16-3/ 4 cents at $4.93-3/ 4 a bushel. K.C. July hard red winter wheat futures were 15-1/ 2 cents higher at $5.14-1/ 4 a bushel and MGEX July spring wheat was 17-1/ 4 cents higher at $5.48 a bushel.
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.
The Department of Agriculture has found unapproved, genetically modified wheat on an Oregon farm, reports CNBC's Hampton Pearson.
Jerry Gulke, Gulke Group president discusses what he expects to see from today's USDA Supply and Demand Report, with CNBC's Rick Santelli.
Discussing how staples, including corn, wheat and soy, are holding up in the Midwest amid cold weather, with Weather Channel's Reynolds Wolf and Jeff Kilburg, KKM Financial.