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.
Oilseeds
U.S. grains: Chicago soy, grain futures settle up, but fall for the year
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.
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.
U.S. grains: US corn futures climb to 6-month top, wheat firms, soy sags
Reading Time: 2 minutes U.S. corn futures hit a six-month high on Friday on stronger-than-expected weekly export sales data and supportive chart signals, analysts said.
StatCan issues crush, delivery reports
Canola crush, deliveries step back in November
Reading Time: < 1 minute Statistics Canada published its crush and grain deliveries reports on Dec. 24.
CPKC overshoots grain revenue entitlement, CN comes up short
Total Western Canadian grain volume moved over crop year down 3.5 per cent
Reading Time: < 1 minute Canadian National Railway Company (CN)'s grain revenue fell below its annual entitlement, and Canadian Pacific Kansas City Railway Company (CPKC) overshot its entitlement in the 2023-2024 crop year.
ICE canola futures jump on speculative buying
Reading Time: < 1 minute Canola's rise comes as buyers have moved in while farmers have backed off sales. Farmers tend to sell less in the last weeks of December if their fiscal year ends on Dec. 31, and then sell more heavily in early January.
U.S. grains: Soy futures extend recovery from four-year low hit last week
Reading Time: 2 minutes Chicago Board of Trade soybean futures finished higher on short covering on Tuesday as the market extended a rebound from a four-year low reached last week.