Reading Time: 2 minutes Meteorologist Drew Lerner said he expects colder than normal temperatures across the Canadian Prairies and much of the United States Midwest in January, while a good portion of South America is to be hotter than normal.
Soybeans
Canadian Prairies, U.S. Midwest to get colder in January as South America becomes hotter, drier
Some warmer temps for Prairies during week of Jan. 6
U.S. grains: Chicago soybeans, corn and wheat futures stumble on farmer sales, weekly dollar gains
Reading Time: 2 minutes Chicago soybean, wheat and corn futures tumbled on Friday as a flurry of farmer sales and a strong dollar weighed on the market, analysts said.
Hot Argentine summer is starting to damage crops, exchanges say
Reading Time: 2 minutes A hot, dry austral summer is beginning to cause damage to Argentina's 2024/25 soybean and corn crops, the country's two main grains exchanges said on Friday, after abundant spring rains had until recently provided excellent growing conditions.
US biofuel producers ramped up in Oct as profitability improved, data shows
Reading Time: 2 minutes U.S. renewable diesel producers utilized 77 per cent of their total operable capacity in October, the highest since July 2024, the data showed. Biodiesel plant utilization rose to 89 per cent, the highest since June 2023.
StoneX raises forecast for Brazil’s 2024-2025 soybean crop
Reading Time: < 1 minute Brazil's 2024-2025 soybean crop is expected to reach 171.4 million metric tons, consultancy firm StoneX said on Thursday, increasing its forecast from the 166.2 million tons it had estimated in December.
U.S. grains: Chicago soy, grain futures settle up, but fall for the year
Reading Time: 2 minutes Chicago soybean, corn and wheat futures rallied on Tuesday on short-covering and concerns over weather conditions in South America and Russia, market analysts said.
China approves more GM crops to boost yields, ensure food security
Reading Time: < 1 minute China has approved five gene-edited crop varieties and 12 types of genetically modified (GM) soybean, corn and cotton, expanding approvals to boost high-yield crops, reduce import reliance, and ensure food security.
U.S. grains: Corn falls on profit-taking after reaching 6-month high
Reading Time: 2 minutes Chicago Board of Trade corn futures turned lower on profit-taking after the benchmark contract Cv1 hit a six-month high in choppy trade ahead of the year's end, market analysts said.
U.S. grains: US corn futures climb to 6-month top, wheat firms, soy sags
Reading Time: 2 minutes U.S. corn futures hit a six-month high on Friday on stronger-than-expected weekly export sales data and supportive chart signals, analysts said.
U.S. grains: Soy futures extend recovery from four-year low hit last week
Reading Time: 2 minutes Chicago Board of Trade soybean futures finished higher on short covering on Tuesday as the market extended a rebound from a four-year low reached last week.