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Soybeans

CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans rise for third session

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose modestly on Wednesday as strength from global equity markets and soyoil futures offset worries about export demand for U.S. oilseeds, traders said. Wheat futures firmed on technical buying. But corn drifted lower in rangebound trade as uncertainty about demand hung over the market. Chicago Board of Trade […] Read more
(Ablokhin/iStock Editorial/Getty Images)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soybeans under pressure

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Reading Time: < 1 minute MarketsFarm — Market participants on the Chicago Board of Trade (CBOT) are waiting to see how China’s novel coronavirus outbreak will impact commodity demand and the global economy. As of Wednesday, confirmed cases neared 25,000 and the death toll was close to 500. In the midst of dealing with the mounting public health crisis, China […] Read more
File photo of canola under snow in October 2016. (Lisa Guenther photo)
Crops, Markets, Weather

Unharvested crops skew StatsCan stocks data

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Reading Time: 2 minutes MarketsFarm — Canadian canola stocks were slightly tighter at the end of the 2019 calendar year compared to the previous year, according to updated Statistics Canada data. However, adverse harvest conditions left a large amount of the crop unaccounted for in the survey, which skews the overall supply/demand outlook. “Because of poor weather conditions during […] Read more
CBOT March 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans, corn end higher

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Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures firmed on Tuesday, supported by a broad rebound in equity markets following losses sparked by a coronavirus outbreak in China, analysts said. Worries about harvest delays in Brazil’s soybean areas added support. Chicago Board of Trade March soybeans settled up 2-1/2 cents at $8.79-1/2 per bushel, […] Read more
CBOT March 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn hits two-week low on virus worries

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to a two-week low on Monday as traders worried that the fallout from the coronavirus epidemic could include an economic hit to China, traders said. But soybean and wheat futures ended modestly higher, rebounding from multimonth lows on light bargain buying, strength in soyoil and supportive soybean […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Fund short position grows in canola

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Reading Time: < 1 minute MarketsFarm — Large fund traders were betting that canola and soybean futures would move lower in late January, with the net managed money short position in both oilseeds rising in 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 […] Read more
(Dave Bedard photo)
Crops, Reuters

Bayer considers new tactic in Roundup settlement talks

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Reading Time: 5 minutes Reuters — As Bayer tries to settle U.S. lawsuits claiming that its Roundup herbicide causes cancer, the company is considering a proposal that would bar plaintiffs’ lawyers involved in the litigation from advertising for new clients, according to a person familiar with the matter. Bayer has said it is engaged in mediation to resolve the […] Read more
Loading grain on a vessel at a Burrard Inlet terminal. (Maxvis/iStock/Getty Images)
Crops, Markets

Poor Chinese demand a setback for grain exports

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Reading Time: 2 minutes MarketsFarm — Canadian grain exports from licensed facilities are running well behind the previous year’s pace, due primarily to a sharp reduction in movement to China, according to latest monthly data from the Canadian Grain Commission. Total exports at Dec. 31 of grain, oilseed and pulse crops for the 2019-20 crop year to date came […] Read more
CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans, wheat fall as coronavirus spreads

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures fell on Friday, their ninth straight day of losses, as concerns about the coronavirus cutting into Chinese demand beat back any attempts at a bargain-buying bounce, traders said. The losing streak marks the longest for the most-active soybean futures contract since a 10-day stretch that […] Read more
Farmers dump bags of corn grain in front of the Papineau riding office of Prime Minister Justin Trudeau in Montreal, as they protest the lack of propane due to the CN strike, on Nov. 25, 2019. (Photo: Reuters/Christinne Muschi)
Crops, Machinery, Markets

CN conductors approve post-strike deal

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Reading Time: 2 minutes Canadian National Railway’s conductors and yard workers have voted for at least another two and a half years of labour peace with the company. The affected employees, members of the Teamsters Canada Rail Conference, voted 91.3 per cent to ratify a three-year contract with CN, retroactive to last July 23, the union said in a […] Read more

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