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Soybeans

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Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Large corn, soybean crops expected

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Reading Time: < 1 minute MarketsFarm – The Chicago Board of Trade (CBOT) continues to watch growing conditions in key regions of the United States, as record yields are expected for corn crops. “Corn is pretty much made,” said Terry Reilly of Futures International in Chicago, Ill. “Conditions have improved significantly, and nobody sees any major problems.” Trade participants expect […] Read more
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Crops, Markets, Reuters

U.S. grains: Corn falls to one-month low as mild U.S. weather favours crops

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Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures fell for a fourth straight session on Wednesday, touching their lowest level in a month as mild weather in most of the Midwest favored prospects for a large harvest, analysts said. Soybeans also fell on beneficial weather outlooks. But wheat futures rose on short-covering and optimism about export […] Read more
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Crops, Markets, Reuters

U.S. grains: Corn falls to 1-month low, soy futures dip

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Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures hit a one-month low and soybean futures also tumbled on Tuesday as improving U.S. crop condition ratings and favorable weather outlooks supported expectations for large harvests this autumn, analysts said. Wheat followed the weaker trend. Chicago Board of Trade December corn settled down 4-1/2 cents at $3.30 per […] Read more
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Crops, Markets, Reuters

U.S. grains: Soybeans firm on more sales to China

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Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures edged higher on Monday as strong export sales, most notably to China, offset pressure from good crop weather that reinforced expectations for a sizable U.S. harvest this autumn. Corn futures eased as mild temperatures and timely rains across the Midwest farm belt were seen boosting prospects for the […] Read more
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Canola, Markets

Managed money backing out of bearish canola bets

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Reading Time: < 1 minute MarketsFarm – Fund traders were backing out of bearish bets in canola while actively putting on new longs during the week ended July 21, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in […] Read more
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Canola, Crops, Markets, Soybeans

Canola crush edges up, soybean crush falls

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Reading Time: < 1 minute MarketsFarm — As the amount of canola crushed in Canada increased slightly in June, the soybean crush was down significantly, according to the latest monthly report from Statistics Canada. The federal agency on Thursday released crushing statistics for major oilseeds, which showed 864,559 tonnes of canola crushed in June, up 1.12 per cent from the […] Read more
CBOT November 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans ease on China tensions

Wheat gains on declining U.S. dollar, export hopes; corn mostly flat

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans softened on Friday as optimism over Chinese buying in the United States was tempered by political tensions between the two economic heavyweights. Corn ended lower on strong crop conditions, while wheat rose on hopes of new U.S. export sales with the dollar remaining low. The Chicago Board of Trade’s […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: China tensions cap soybeans’ gains

Corn prices up slightly on trade optimism; wheat falls back slightly

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed on Thursday, boosted by demand from China, although escalating tensions between Beijing and Washington capped gains. Corn edged higher as optimism over possible continued buying from China offset strong crop conditions. Wheat scaled back on technical selling. The most-active soybean contract on the Chicago Board Of Trade […] Read more
ICE November 2020 canola (candlesticks) with 20-day moving average (yellow line) and CBOT August 2020 soyoil (green line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola under pressure at midweek

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Reading Time: < 1 minute MarketsFarm — Canola contracts have received considerable pressure from outside sources, but held above $480 per tonne this week. Ken Ball of P.I. Financial in Winnipeg expected canola to be down by $6-$10, but nearby contracts closed lower by about a dollar at $483.60 per tonne. Ball referred to weakness in Chicago soyoil, along with […] Read more
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Crops, Markets, Soybeans

CBOT weekly outlook: The good and bad between the U.S., China

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Reading Time: 2 minutes MarketsFarm — The current relationship between the United States and China has continued to be rather chaotic, according to Steve Georgy, president of Allendale Inc. at Fort McHenry, Ill. Despite the two countries’ diplomatic row, China has sharply picked up its purchases of U.S. soybeans. Georgy pointed to the 715,000 tonnes purchased by China on […] Read more

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