(Lisa Guenther photo)

CBOT weekly outlook: Soybeans see higher-value trading range

Reading Time: 2 minutes CNS Canada — Corn and soybean contracts at the Chicago Board of Trade are both rangebound, but beans are above the major moving averages, according to one analyst, as traders watch outside markets and weather for indications on where to move next. “I’m friendly, but I’m not looking for any explosions,” said Scott Capinegro, senior […] Read more



(Photo courtesy Canada Beef Inc.)

China says must change corn supports to clear stockpile

Reading Time: 2 minutes Beijing | Reuters — China must lower corn prices to reduce its massive corn stockpile and curb imports of corn substitutes including barley, sorghum and distillers’ grain, state media quoted a senior agricultural official as saying. Chen Xiwen, deputy director of the Central Rural Work Leading Group, said China needed to modify its reserve-based crop […] Read more


(Photo courtesy Canada Beef Inc.)

Argentine corn sowing booms on optimism over new government

Reading Time: 2 minutes Buenos Aires | Reuters — A late-season corn planting flurry in No. 4 world exporter Argentina could push output to the same level as the previous crop year, thanks to the policies of the new government, the director of the local maize industry chamber said Friday. Growers across the Pampas farm belt applauded the November […] Read more

(Monsanto.com)

Chinese farmers illegally growing GMO corn, Greenpeace says

Reading Time: 2 minutes Beijing | Reuters — Farmers are illegally growing genetically modified (GMO) corn in China’s northeast, said environmental non-profit Greenpeace on Wednesday, in a report that may generate further distrust of the government’s ability to ensure a safe food supply. Beijing has spent billions of dollars to develop GMO crops that it hopes will ensure food […] Read more


(Lisa Guenther photo)

CBOT weekly outlook: Weak soybeans, corn watch energy, USDA for direction

Reading Time: < 1 minute CNS Canada — Soybean and corn futures at the Chicago Board of Trade trended down over the past two weeks, testing some contract lows in the process. While the potential for a short-covering bounce is there, further losses are also a distinct possibility, depending on what happens in outside energy markets. “Unless we see an […] Read more




(Lisa Guenther photo)

CBOT weekly outlook: Soy, corn hold in trading range

Reading Time: 2 minutes CNS Canada — Supply and demand estimates from the U.S. Department of Agriculture held few surprises and had only limited effects on Chicago Board of Trade corn and soybeans — both rangebound in the short term, according to one U.S.-based analyst. “That report was pretty non-eventful right now,” said Scott Capinegro of Barrington Commodity Brokers. […] Read more