Home / News / Crops news / Grain, soy climb on financial markets

Grain, soy climb on financial markets

08/09/2011 @ 8:01am

US grain and soybean futures end the overnight trading session higher, managing to rebound from earlier losses on a recovery in external financial markets.
Grain futures found stability as ongoing crop concerns supported prices once stocks pared losses, analysts say. Outlooks for government forecasters to project tighter supplies in Thursday's crop reports added strength, yet traders continue to eye developments in external markets amid the uncertainty of the global economy.
CBOT December corn rose 1c to $6.87/bushel while September wheat gained 1 3/4c to $6.58 1/4 and November soybeans climbed 2 1/2c to $13.14. (andrew.johnsonjr@dowjones.com)

(END) Dow Jones Newswires

CancelPost Comment

USDA: Reporting Hog Deaths Required By: 04/18/2014 @ 10:45am The U.S. Department of Agriculture said Friday it will require the pork industry to report…

Wheat Futures Rise as Cold, Drought Threaten… By: 04/17/2014 @ 3:51pm Wheat futures rose for the third time in four sessions on speculation that cold weather earlier…

Ukraine Upheaval Sparks Business Concerns By: 04/17/2014 @ 1:22pm Escalating military action and sanctions are forcing executives around the globe to map out…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Big Picture: CME Trading Weather