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.
U.S. grains: Chicago soybeans, corn and wheat futures stumble on farmer sales, weekly dollar gains
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.
US to award $306 million for bird flu monitoring and preparedness
Reading Time: < 1 minute The U.S. Department of Health and Human Services said on Friday it would award $306 million (C$441.7 million) in funds to help bird flu monitoring, as the virus spreads in dairy herds and farm workers across the country.
U.S. livestock: Cattle futures rise sharply on low inventory
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) feeder cattle futures reached life-of-contract highs, while live cattle futures hit multi-month peaks on Thursday, as meat packers struggled to find inventory, analysts said.
U.S. grains: Soybeans, corn rise in choppy trading on South American weather concerns
Reading Time: < 1 minute Chicago soybean and corn futures were higher in see-saw trading on the first trading day of 2025, supported by ongoing concerns related to dry weather in South America, especially Argentina, a leading producer of both commodities.
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. livestock: Lean hog futures fall on year-end position squaring, demand doubts
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) lean hog futures fell to two-month lows on Tuesday, as traders squared positions before the year's end and uncertainty lingered over export demand in the coming months, market analysts said.
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.
What are atmospheric rivers and why do they cause flooding?
Reading Time: 2 minutes Atmospheric rivers are storms akin to rivers in the sky that dump massive amounts of rain and can cause flooding, trigger mudslides and result in loss of life and enormous property damage.