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Wednesday, February 7, 2024
US wheat, corn, soybeans fall amid dollar strength and weak global demand
Chicago Board of Trade wheat, corn, and soybeans experienced declines, with soybeans reaching 24-month lows, influenced by a strong dollar and sluggish global import demand, dampening market sentiment, Nasdaq reported.
Tuesday, December 12, 2023
US wheat exports soar with surge in sales to China
The United States is set to experience a substantial increase in wheat exports this year, primarily attributed to a surge in sales to China, resulting in smaller domestic inventories than anticipated by analysts, The Japan Times reported.
Tuesday, December 5, 2023
China makes largest US wheat purchase since 2020
China has confirmed its most substantial acquisition of United States wheat since at least 2020, securing 440,000 metric tonnes of the grain, according to the US Department of Agriculture (USDA), Nasdaq reported.
Tuesday, November 7, 2023
US wheat shipments hit 20-year low
US wheat shipments dropped to a two-decade low, hampered by a shrinking Mississippi River and competition from ample global grain supplies.
Tuesday, May 23, 2023
US wheat ratings improves in the US, corn 81% planted, soy 66%
The US Department of Agriculture's weekly crop progress report showed that 31% of the US winter wheat crop is now rated as good to excellent, marking a 2-percentage point increase from the previous week and surpassing analysts' average expe ...
Tuesday, April 4, 2023
Only 28% of US wheat in good condition, corn 2% planted
The US Department of Agriculture's (USDA) first weekly crop progress report of the 2023 showed only 28% of US winter wheat are in good to excellent condition, the lowest since 1989, as drought conditions remain in key areas of the Plains wh ...
Monday, February 6, 2023
US wheat production affected by drought
A prolonged drought affecting the key US plains wheat belt region raises questions about the commodity's harvest prospects, particularly in states such as Kansas, the leading winter wheat producer, and Oklahoma, the third-largest producer l ...
Monday, October 3, 2022
US wheat harvest smaller than projections
The US government said wheat harvest in the country was smaller than previously projected due to dry soils that caused heavy crop abandonment, Reuters reported.
Monday, September 5, 2022
Four percent drop in US wheat futures on September 1 due to concerns of economic slowdown
US wheat futures fell more than 4%, and corn and soybeans slipped on September 1 on mounting concerns about a global economic slowdown, analysts said, just as the US Midwest crop harvest nears.
Monday, April 4, 2022
US wheat and corn futures fall
US wheat futures dropped 4% and corn was 3% down on the Chicago Board of Trade (CBOT) as Ukraine-Russia talks boost hopes for a ceasefire as the Russian invasion disrupted grain exports through the Black Sea region, Reuters reported.
Tuesday, March 15, 2022
US wheat harvest affected by drought
The southern US plains are affected by a worsening drought which could threaten the region's winter wheat crop just as world supplies have been impacted by Russia's invasion into Ukraine, Reuters reported.
Thursday, March 3, 2022
US wheat futures volatile due to Russia's invasion
The Russian invasion into Ukraine has resulted in a sharp divide between nearby US wheat futures and deferred contracts on the Chicago Board of Trade (CBOT), as traders look past the near-term supply shock from halted exports, Reuters repor ...
Friday, February 5, 2021
China buys 130,000 tonnes of US wheat, USDA data shows
The latest data from the US Department of Agriculture (USDA) on January 21 showed that China bought 130,000 tonnes of wheat from the United States in the week ended January 21, doubling the former's purchases made from the previous week.
Friday, May 15, 2020
US wheat hits near two-month low on ample global stocks
Weighed down by abundant global supplies as the COVID-19-induced lockdown led to poor grain demand, US wheat futures plunged to an almost two-month low on Thursday, reported Reuters.
Wednesday, April 22, 2020
US wheat futures rose almost 1%
Following Russia's announcement that it will suspend exports, US wheat futures rose nearly 1% on Monday as it sparked concerns about global supplies.
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