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Lower Russian wheat forecast boosts US wheat futures

Wheat futures closed higher Monday, advancing for the third time in four sessions. The primary support came from Friday’s report from agriculture consultancy SovEcon indicating it had lowered its forecast for Russia’s grain exports by 7 million tonnes to 41.9 …Read more

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GRAINS-Wheat rises as dry weather curbs Russian output corn firm

CHICAGO July 29 Reuters – Chicago Board of Trade CBOT wheat futures settled just over 1 higher on Monday climbing for the third time in the last four sessions underpinned by lower estimates had lowered its forecast for Russias grain exports
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Argentina wheat farmers eye record harvest as bad crop weather hits rivals

The grain bounty in the worlds No 6 wheat exporter will boost the South world wheat production forecast for the 20192020 season by 6 million tonnes reflecting diminished crop outlooks in key production areas such as Russia Europe and Canada
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GRAINS-US corn futures ease as weak exports offset crop concerns

CHICAGO July 26 Reuters – US grain and soybean futures all ended the week lower with corn futures falling by a downgraded crop outlook in top exporter Russia SovEcon lowered its forecast for Russias wheat exports in the new 201920 marketing
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Uncertainty prevails on quantum of firstade rate cut by Fed in more than a dec

Gold has also been in demand from central banks over the past few weeks from China and Russia in particular who have been diversifying away from the US dollar The winter wheat harvests had pressured wheat prices Corn futures fell on forecasts
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CBOT wheat rallies on weather corn soy dip before USDA planting report

CHICAGO US wheat futures rallied on But it was the addition of the dry forecast for the Black Sea winter wheat region that provided the boost to wheat futures prices on Monday traders said The Russian crop is well into maturity so there
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Wet weather in US pushes up wheat futures

The ongoing wet weather in the US corn belt has allowed the Chicago Board of Trade wheat futures expected lower quality crop will find its way into feed markets and total production is not likely to be affected Meanwhile rains are forecast for
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