Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures ticked down on light post-holiday trading volume on Friday, as competitively priced Brazilian beans and favorable South American weather pressured the commodity, analysts said. Wheat and corn futures also edged down, but corn received some support from the brisk pace of U.S. exports. The most-active soybean contract on […] Read more
U.S. grains: Chicago soybeans fall on competition with Brazilian exports
U.S. grains: Chicago soybeans fall, but achieve first annual gain in three years
Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures dropped on Wednesday but logged their first annual gain in three years, supported by China’s return to the U.S. market following a late-October trade truce, although ample global supplies capped the advance. Wheat and corn futures had annual declines, pressured by abundant supplies. The most-active soybean contract on […] Read more
U.S. grains: Soybean futures fall, shrugging off China purchases
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade grain futures ticked lower on Tuesday amid a sluggish trading session, as investors weighed the latest developments surrounding the Russia-Ukraine peace talks. CBOT soybean futures fell after a day of choppy trade on signs of China returning to the U.S. market, and trying to finish up last-minute […] Read more
China vows to stabilize grain production, increase soybean oilseed self-sufficiency
Reading Time: 2 minutes Chinese officials have vowed to stabilize grain production and increase soybean oilseed production capacity, readouts of agricultural policy meetings showed on Tuesday, as Beijing seeks to reduce imports and ensure food security.
Soy trading firms to abandon Amazon protection pact in Brazil
Reading Time: 4 minutes Some of the world’s largest soybean traders are preparing to break their agreement to curb deforestation of the Amazon rainforest to preserve tax benefits in Brazil’s top farm state, two people with direct knowledge of the matter told Reuters.
U.S. grains: Wheat extends gains on short covering, war risk
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures rose for a fifth session on Wednesday as worries about the escalation of hostilities in the Black Sea export zone and severe cold in Russian wheat belts encouraged short-covering before the Christmas break, traders and analysts said. Corn futures edged up on robust demand and […] Read more
U.S. grains: Wheat ends higher on short covering though ample supply weighs
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures inched higher on Tuesday on positioning ahead of the holidays, though a massive global supply of wheat kept a lid on prices. Soybeans and corn spent the day chopping up and down, but gained some support from an end-of-year rally, which is typical as traders […] Read more
U.S. grains: Wheat leads grains higher with Russian strikes in focus
Reading Time: 2 minutes Chicago | Reuters – Chicago wheat rebounded on Monday as reports of more Russian strikes on Ukrainian port infrastructure rekindled concerns about war risks to Black Sea grain trade, encouraging investors to cover short positions after an eight-week low last week. Soybeans were also higher, breaking a run of six falling sessions, as the oilseed […] Read more
China imports no US soybeans for third month; Argentine arrivals up 634 per cent
Reading Time: < 1 minute China imported no soybeans from the United States for a third straight month in November, as buyers turned to South American supplies amid fears of a shortfall if the trade war with Washington dragged on.
Huge crops in South America says analyst
Reading Time: 2 minutes Although there’s a debate over the size of the South American soybean crop, there’s little doubt that it will be an enormous one, said consultant Michael Cordonnier of Soybean and Corn Advisor in Hinsdale, Ill.
A message from April Stewart, Country Guide's Associate Editor
