The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

CBOT Weekly: Hard to determine where markets could go

Tariffs issues clouding pathways

Reading Time: 2 minutes With global trade in something of a chaotic mess due to the Trump administration threatening to impose tariffs and placing levies on China, the futures for soybeans, corn and wheat are very difficult to determine said Terry Reilly, senior agricultural specialist for Marex. Added to that, he suggested there could be a few surprises in the February supply and demand report from the United States Department of Agriculture.




Photo: REUTERS/Brendan McDermid

ADM quarterly profit falls on weak crush margins, announces layoffs

Reading Time: 2 minutes Chicago | Reuters – Grains merchant Archer-Daniels-Midland ADM.N reported a drop in fourth-quarter profit on Tuesday, pressured by weak oilseed crush margins and uncertainty over U.S. biofuel policy, and said it would be laying off up to 700 employees globally this year. Chicago-based ADM said it aimed to cut costs by $500 million to $750 […] Read more