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Soybeans

CBOT July 2020 soybeans with 20- and 50-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans end fractionally lower amid China trade woes

Corn pulls back on fair weather; wheat slips as U.S. harvest gets underway

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures closed fractionally lower after a choppy session on Monday as brokers weighed pressure from rising U.S.-China trade tensions against news of fresh U.S. soybean sales to the Asian country, traders said. Corn fell on an above-average planting pace and fair weather forecasts across the Midwest that should support […] Read more
(Gassen/iStock/Getty Images)
General, Markets, Reuters

China tells state firms to halt purchases of major U.S. farm products

Purchases of soybeans, pork, corn, cotton on hold

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Reading Time: 2 minutes Beijing/Singapore | Reuters –– China has told state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special treatment for Hong Kong to punish Beijing. Large-volume state purchases of U.S. corn and cotton have also been put on hold, […] Read more
ICE Futures Canada’s head office in Winnipeg. (Dave Bedard photo)
Canola, Crops, Markets

Fund traders add to short positions in canola, corn

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Reading Time: < 1 minute MarketsFarm — Fund traders added to net short positions in canola and corn while reducing their net long in soybeans, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 38,810 contracts (5,349 long/44,159 […] Read more
CBOT July 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans slide on China tensions

Midwest weather poses risks for wheat

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures fell on Friday as escalating U.S.-China tensions over Beijing’s proposed restrictions on Hong Kong dampened markets after a week of gains. Three sources told Reuters China may reduce U.S. agricultural imports if Washington issues a severe response to Beijing’s push to impose national security laws on […] Read more
CBOT July 2020 corn with 20- and 50-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, wheat up as weather, currency spark short-covering

Hong Kong row tempers hopes of China demand for U.S. soy

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures jumped on Thursday to a five-week high as a weaker dollar, forecasts for hotter, drier weather in the Midwest corn belt and a further rebound in ethanol production triggered bargain buying and short-covering by managed funds. Wheat futures also rallied on expanding dryness across the Plains wheat belt […] Read more
CBOT July 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans firm on slowed planting progress

Wheat rangebound as Northern Hemisphere weather watched

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed on Wednesday as a slowdown in plantings in the Midwest and forecasts for more disruptive weather lifted prices to two-week highs, although technical selling kept a lid on gains. Corn also edged higher after the U.S. Department of Agriculture (USDA) reported slower-than-anticipated planting in a weekly crop […] Read more
CBOT July 2020 soybeans with 20- and 50-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans firm on China demand, economic optimism

Equities rally as economies reopen, dollar eases

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures firmed and soybeans posted their strongest advance in a month on Tuesday as rising equities and energy markets and a weakening U.S. dollar triggered short-covering in commodities battered by the coronavirus pandemic. Wheat followed corn and soy higher but reversed course amid forecasts for crop-boosting rains in rival […] Read more
CBOT July 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, soybean futures fall with export prospects

Corn edges up ahead of Memorial Day

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Reading Time: < 1 minute Chicago | Reuters — U.S. wheat futures fell after three straight days of gains on Friday as a firmer dollar disadvantaged the crop in the export market and a forecast for rain promised much-needed relief to dry soils in the U.S. Plains, traders said. Soybean markets also sagged on concerns about export demand, with sales […] Read more
CBOT July 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans, corn fall

Wheat firms on crop concerns; Russia cuts crop outlook

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures sank 1.4 per cent to a two-week low on Thursday, pressured by concerns about falling export demand from the world’s top soy importer due to rising tensions between Beijing and Washington, traders said. “It does not take much,” said Mark Schultz, chief market analyst at Northstar Commodity. “You […] Read more

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