Chicago soybean futures edged higher on Wednesday as U.S. Vice President Kamala Harris' lead over Republican challenger Donald Trump in some election polls calmed concerns that a trade war with China could heat up, according to analysts.
US exporters race to ship soybeans as looming election stokes tariff worries
U.S. soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large U.S. harvest ahead of the U.S. presidential election and fears of renewed trade tensions with top importer China, traders and analysts said.
U.S. grains: Soy recovers after hitting one-week low on Trump victory
Chicago Board of Trade soybean futures recovered on Wednesday after sliding earlier to a one-week low as Donald Trump's victory in the U.S. presidential election fueled concerns over prospects of another trade war with top-importer China.
U.S. grains: Soybeans ease after crude oil falls
Chicago Board of Trade soybean futures fell on Monday as crude oil prices dipped and harvest pressure dragged down soy and corn prices, market analysts said.
U.S. grains: Soybeans rebound as market unwinds some of its 'Trump trade'
Chicago Board of Trade soybean futures jumped on Monday on a flurry of short covering, with prices rebounding from last week's 2020 lows as traders re-evaluated the U.S. political landscape after U.S. President Joe Biden abandoned his reelection bid on Sunday.
Trump's payments to farmers hit all-time high ahead of election
Chicago | Reuters -- U.S. President Donald Trump is assuring a bumper year for farmers as the Nov. 3 election approaches, with record government subsidies projected to make up more than a third of farm income in 2020. The aid programs could be key to Trump's chances of success in swing states such as Wisconsin,[...]
How a major U.S. farm lender left a trail of defaults, lawsuits
Harrod, Ohio | Reuters -- After completing a credit review in a half-hour phone call, a BMO Harris Bank underwriter cleared US$12 million in loans for Ohio corn and soybean producer Greg Kruger in 2013. Kruger had initially asked for a $2 million loan to build a grain elevator. But the Chicago-based bank, one of[...]
U.S. grains: Corn tops one-month high on strong U.S. export sales
Chicago | Reuters -- U.S. corn futures touched their highest prices in more than a month on Thursday on strong export demand and as traders adjusted positions ahead of a crop report expected to show supplies tightened over the past year. Soybean futures also rose, extending a rebound from recent losses into a third consecutive[...]
First U.S. trader convicted of spoofing sentenced to jail
Chicago | Reuters -- A U.S. judge sentenced futures trader Michael Coscia to three years in prison on Wednesday, a lighter punishment than prosecutors had sought for the first person criminally convicted of the manipulative trading practice of spoofing. Coscia also was sentenced to two years of supervised release from jail, in a case that[...]
Iowa reports biggest single U.S. outbreak of bird flu
Chicago | Reuters -- Iowa, the top U.S. egg-producing state, found a lethal strain of bird flu in millions of hens at an egg-laying facility on Monday, the worst case so far in a national outbreak that prompted Wisconsin to declare a state of emergency. The infected Iowa birds were being raised near the city[...]
A message from April Stewart, Country Guide's Associate Editor
