Reading Time: 2 minutes A hot, dry austral summer is beginning to cause damage to Argentina's 2024/25 soybean and corn crops, the country's two main grains exchanges said on Friday, after abundant spring rains had until recently provided excellent growing conditions.
Cereals
Hot Argentine summer is starting to damage crops, exchanges say
World food price index eases in Dec, pushed lower by sugar
Reading Time: < 1 minute The United Nations' world food price index dipped in December against November levels, led lower by a drop in international sugar quotations, but still showed a robust gain year-on-year, data showed on Friday.
U.S. grains: Soybeans, corn rise in choppy trading on South American weather concerns
Reading Time: < 1 minute Chicago soybean and corn futures were higher in see-saw trading on the first trading day of 2025, supported by ongoing concerns related to dry weather in South America, especially Argentina, a leading producer of both commodities.
U.S. grains: Chicago soy, grain futures settle up, but fall for the year
Reading Time: 2 minutes Chicago soybean, corn and wheat futures rallied on Tuesday on short-covering and concerns over weather conditions in South America and Russia, market analysts said.
China approves more GM crops to boost yields, ensure food security
Reading Time: < 1 minute China has approved five gene-edited crop varieties and 12 types of genetically modified (GM) soybean, corn and cotton, expanding approvals to boost high-yield crops, reduce import reliance, and ensure food security.
ADM shareholder presses CEO to resign as criminal probe continues
Reading Time: 2 minutes A shareholder of agribusiness Archer-Daniels-Midland is pressing the company's CEO to resign for failing to clearly tell investors about problems with its internal accounting practices that have sparked a criminal investigation first reported by Reuters.
U.S. grains: Corn falls on profit-taking after reaching 6-month high
Reading Time: 2 minutes Chicago Board of Trade corn futures turned lower on profit-taking after the benchmark contract Cv1 hit a six-month high in choppy trade ahead of the year's end, market analysts said.
Russia extends quota on ‘unfriendly’ country seed imports, Interfax reports
Reading Time: < 1 minute Russia on Monday extended quotas on the import of certain types of seed from countries designated as "unfriendly", the Interfax news agency reported, citing the Russian government's press service.
Winter wheat conditions to worsen in central Russia and Volga, weather agency says
Reading Time: < 1 minute Conditions for winter wheat crops will worsen in Russia's Central and Volga areas in January as warmer-than-usual weather and excess moisture causes sprouts to keep growing during the winter, the state weather agency said on Saturday.
Top agriculture market-moving news stories of 2024
Reading Time: < 1 minute Grain and oilseed markets had their ups and downs in 2024, with wars, labour unrest, trade disputes and politics often providing more direction than the traditional supply/demand fundamentals.