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Soybeans

(Marathonpetroleum.com)
Crops, Reuters, Soybeans

Fuel firm Marathon buys in on ADM soy crush plant

Marathon to process biodiesel from North Dakota plant's soy oil

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Reading Time: 2 minutes Reuters — Marathon Petroleum and ADM announced on Thursday a joint venture to produce soybean oil that will be exclusively sold to Marathon for its renewable diesel plant. Refiners are on the hunt for secure access to feedstocks for renewable fuels amid supply constraints and soaring prices for fats, greases and oils. A joint-venture soybean […] Read more
CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy sag on broad commodities weakness

Forecasts call for rain in northwestern U.S. Midwest

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures fell about 2.5 per cent on Thursday, following broad declines in commodities including crude oil and metals tied to fears about slowing global growth, analysts said. Pressure also stemmed from forecasts for rains in northwestern portions of the Midwest that could improve production prospects, particularly for […] Read more
CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans fall on technicals, U.S. weather

Wheat, corn futures end firm

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell Wednesday on technical selling and forecasts for welcome rains in northwestern portions of the U.S. Midwest, but wheat and corn futures edged higher. Chicago Board of Trade November soybeans settled down 8-1/4 cents at $13.53-1/4 per bushel (all figures US$). CBOT December wheat ended up 2-3/4 cents […] Read more
John Lohr. (PCPartyns.ca)
General

Nova Scotia Tories’ ag critic returns as party wins election

PCs oust incumbent Liberals, form majority

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Reading Time: 2 minutes The agriculture critic for Nova Scotia’s opposition Progressive Conservatives is set to return to the legislature, this time as part of a majority government, following Tuesday’s provincial election. As of about 12:30 a.m. Wednesday, Tim Houston’s PCs were elected or leading in 31 of 55 ridings, followed by Iain Rankin’s incumbent Liberals with 17 and […] Read more
CBOT September 2021 wheat (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat tumbles on profit-taking off eight-year high

Chicago corn, soy follow

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell more than three per cent on Tuesday in a profit-taking setback after the most-active contract reached an 8-1/2-year high last week, traders said. Corn and soybean futures followed wheat lower, with soybeans retreating from early advances despite fresh export sales of U.S. soy. Chicago Board of Trade […] Read more
CBOT September 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Wheat ends mixed, near 8-1/2-year high

Pro Farmer corn, soy tour begins in U.S.

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures took a breather on Monday after setting 8-1/2-year highs last week on concerns about tightening supplies in exporting countries hit by harsh weather. Russian agriculture consultancy Sovecon trimmed its forecast for Russia’s crop by 0.3 per cent from last week in the latest estimated reduction […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Wheat rises to 8-1/2-year highs on world supply worries

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Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures climbed to 8-1/2-year highs on Friday and European wheat futures extended gains, led by fresh contract highs in Paris, after steep cuts to world stockpiles in a U.S. government report fuelled supply worries, analysts said. Soybean futures rose on fears of tightening global vegetable oil supplies, but corn […] Read more
Photo: Getty Images
Crops, Markets, Reuters

U.S. grains: CBOT wheat hits three-month high as U.S. cuts global crop

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Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures climbed to a three-month high on Thursday after the U.S. Department of Agriculture slashed production estimates in exporting countries. Corn futures set a one-month high on a smaller-than-expected U.S. yield forecast in a USDA crop report that fueled concerns about tightening global grain supplies due to harsh […] Read more

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