Reading Time: 2 minutes U.S. soybean futures fell nearly two per cent on Tuesday as falling soyoil prices dragged down the soy complex amid weak demand, deliveries against the May futures contract and market uncertainty, traders said.
Soybeans
U.S. grains: Soybeans slide as soyoil plummets; wheat, corn sag
Prairie groups raise concerns about proposed Bunge-Viterra merger
Concentration of services at the Port of Vancouver, consolidation of crush capacity could cost producers billions, report says
Reading Time: 2 minutes A group of Prairie producer groups say the proposed merger between Bunge and Viterra is likely to cause substantial economic harm to farmers.
U.S. grains: Wheat tumbles as Russian rain forecast spurs profit taking
Reading Time: 2 minutes Chicago benchmark wheat futures WN24 fell more than two per cent on Monday, snapping a seven-session rally, as the crop outlook in top exporter Russia improved on forecasts for rain, analysts said.
Canola net short position edges lower
Reading Time: < 1 minute The managed money net short position in canola futures edged lower in the latest reporting period, as fund traders covered some of their bearish bets, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
U.S. grains: CBOT wheat rallies for seventh trading day on weather, crop conditions
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade (CBOT) wheat futures turned higher for a seventh trading day on Friday on a weather driven surge that pushed the most-active wheat contract on a continual chart Wv1 to prices not seen since December. Soybean futures inched down, and corn stayed fairly flat, as traders watched for U.S. planting delays as […] Read more
Weather experts see La Niña, El Niño frequency rising
Reading Time: < 1 minute The climate phenomena known as El Niño and La Niña, which bring waves of heat, cold, rain or drought, will be more frequent and extreme in coming years, after South America suffered the most intense El Niño in decades, weather experts said on Thursday.
U.S. grains: Wheat climbs with dry weather fears continuing
Reading Time: 2 minutes Chicago Board of Trade wheat futures hit highs not seen since January for a second day, as anxiety over dry weather conditions persisted for top exporter Russia.
U.S. grains: Wheat futures rally on dry weather concerns, Black Sea attacks
Reading Time: 2 minutes Chicago Board of Trade wheat futures continued their steady climb on Wednesday, as dry weather raised concerns in key growing regions and Russian attacks in the Black Sea area threatened to disrupt supply chains.
ICE Weekly: Canola rises sharply
Reading Time: 2 minutes In a show of independent strength, canola futures on the Intercontinental Exchange (ICE) had one of its best weeks this calendar year during the week ended April 24.
CBOT weekly outlook: May futures winding down, coming rains factor into prices
Reading Time: 2 minutes As the last full of week of April is set to wind down, two factors will determine the course of United States soybean, corn and wheat futures. Those are the rain forecast for the weekend of Apr. 27 and 28, and last day for May futures on Apr. 26, according to hedging strategist Scott Capinegro of AgMarket.net.