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CHICAGO (Dow Jones)--Strength in the U.S. dollar and losses in neighboring and outside markets dragged U.S. wheat futures sharply lower Monday. Chicago Board of Trade March wheat closed down 33 1/4 cents at $5.28 a bushel.
1246 EST [Dow Jones] - Strength in the U.S. dollar and weakness in other markets are weighing on U.S. wheat futures, analysts say. A firm dollar is seen as bearish as it makes U.S. wheat less competitive on the world export market.
CENTRAL CITY, Neb. (Dow Jones)--Declining futures offset stronger basis and slashed prices paid to US farmers for most classes of cash grain again last month.
CENTRAL CITY, Neb. (Dow Jones)--U.S. cash grain prices rebounded this week, with most commodities bouncing away from last week's multi-month lows, to close about 20-50 cents per bushel higher.
CHICAGO (Dow Jones)--U.S. wheat futures finished mostly higher Friday on month-end positioning after trading both sides in thin volume.
1215 EST [Dow Jones] - U.S. wheat futures are drifting lower in quiet activity, as the markets search for direction in an abbreviated trading session. Volume is thin after the Thanksgiving holiday. "We're just kind of trading back and forth," says Sid Love, analyst for Kropf & Love Consulting.
CENTRAL CITY, Neb. (Dow Jones)--Domestic cash grain basis held varied trends Friday. Grain futures were mostly lower overnight in thin holiday trading, although deliveries against expiring cash-contracts were deemed 'large'.
CHICAGO (Dow Jones)--U.S. wheat futures closed mixed Wednesday as traders evened up positions in range-bound activity ahead of first-notice day and the Thanksgiving holiday.
1239 EST [Dow Jones] - U.S. wheat futures are near unchanged in choppy, pre-holiday trading. Market participants continue to trade the Dec/March spread going into first notice day Friday. Some traders are taking the day off ahead of Thanksgiving.
CENTRAL CITY, Neb. (Dow Jones)--Hard red winter wheat basis is firming up fast, supported by growing demand for high-quality U.S. wheat on the world export market.
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