Reading Time: 2 minutes Chicago grain futures surged on Wednesday as underwhelming rainfall and forecasts for hot, dry weather in Argentina's parched corn and soy belt lifted prices, traders said.
Cereals
U.S. grains: Corn futures hit over one-year high on Argentine weather worries
Russia’s chief forecaster says mild weather helps winter crops survive
Reading Time: 2 minutes A mild winter with record warm temperatures in many agricultural regions of Russia, viewed by scientists as a sign of climate change, is helping winter crops to survive, state weather agency chief Roman Vilfand said on Wednesday.
ADM taps industry veteran to lead accounting amid irregularities
Reading Time: < 1 minute Grains trader Archer-Daniels-Midland on Wednesday named Carrie Nichol as its chief accounting officer, effective March 1, 2025, as the company continues to grapple with accounting irregularities.
U.S. grains: Soybeans flat, corn, wheat rise as market awaits Trump tariff action
Reading Time: 2 minutes Chicago grain futures turned higher on Tuesday, as investors adjusted positions while they waited to see if U.S. President Donald Trump would follow through on threats to impose 25 per cent tariffs on imports from Canada and Mexico this weekend, analysts said.
U.S. grains: Soybeans, corn drop as Trump tariff worries rise
Reading Time: 2 minutes Chicago Board of Trade corn and soybean futures fell on Monday, with traders hedging their positions in case the Trump administration implements tariffs on goods from major U.S. trading partners, according to analysts.
U.S. grains: Soybeans and corn fall from highs after Argentina cuts export taxes
Reading Time: 2 minutes U.S. soybean and corn futures on Friday fell from multi-month highs after Argentina said it would lower grain export taxes, fueling expectations the United States will face tougher competition for sales on the global market.
U.S. grains: CBOT corn hits an over one-year high on South American weather worries
Reading Time: 2 minutes Chicago Board of Trade corn futures resumed a rally on Thursday as concerns over dryness in Argentina and tighter U.S. stocks propelled futures to the highest price seen in more than 14 months, traders said.
ADM declares force majeure along US Gulf terminals, Bloomberg News reports
Reading Time: < 1 minute Global grains trader ADM has halted loading of grain vessels and declared a force majeure at U.S. Gulf terminals as the region faces a severe winter storm, Bloomberg News reported on Wednesday.
U.S. grains: Chicago soy, corn futures lower on profit-taking, Argentina weather
Reading Time: 2 minutes Chicago corn and soybean futures eased from the previous session's multi-month peaks on Wednesday on profit taking and timely rains forecast for Argentina, said analysts.
U.S. grains: Corn, soy rally as Trump postpones threatened tariffs
Reading Time: 2 minutes Chicago Board of Trade corn futures hit a fresh one-year high on Tuesday, as the tariffs promised by newly sworn-in U.S. President Donald Trump did not materialize, traders said.