Reading Time: 2 minutes U.S. soybean futures fell about two per cent on Thursday as forecasts for much-needed rains in dry areas of Argentina's crop belt and expectations of a massive Brazilian soy harvest sparked a round of profit-taking, analysts said.
U.S. grains: Soy, corn futures retreat on profit-taking
IGC trims global corn forecast
Reading Time: < 1 minute The International Grains Council (IGC) on Thursday cut its forecast for 2024/25 global corn production, largely reflecting a downward revision for the United States.
CBOT Weekly: S/D report underpinning U.S. corn, soybeans
More winter wheat acres pressures prices
Reading Time: 2 minutes Corn and soybean futures on the Chicago Board of Trade continued to be supported by the latest supply and demand report issued by the United States Department of Agriculture, said analyst Bryan Strommen of Progressive Ag in Fargo, ND. Meanwhile, wheat has been contending with pressure from an increase in acres.
Cuts to U.S. soybean, corn production
U.S. soybean, corn stocks mixed, more winter wheat planted
Reading Time: 2 minutes The United States Department of Agriculture cut its calls for 2024/25 U.S. soybean and corn production in its World Agricultural Supply and Demand Estimates (WASDE) released Jan. 10.
ICE Weekly: No news means no canola price movement
Reading Time: 2 minutes A lack of significant news has prevented canola prices at the Intercontinental Exchange to break out of its recent trading range to start 2025.
Dry weather could affect Argentina oilseed harvest: USDA attaché
Buenos Aires desk estimates differ from USDA numbers
Reading Time: 2 minutes Dry weather in Argentina could affect the country's oilseeds as harvest approaches, reported the United States Department of Agriculture attaché in Buenos Aires.
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
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.
Barley, Canola, Cereals, Corn, Crops, Lentils, Markets, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat
AAFC adjusts monthly estimates, cites caution for canola exports
Impact of China's anti-dumping investigation unknown at this time
Reading Time: 2 minutes Agriculture and Agri-Food Canada adjusted its latest supply and demand estimates issued on Dec. 19. This followed the updated Statistics Canada figures from two weeks ago.
CBOT Weekly: Chicago soy complex tumbles, grains weaken
Reading Time: 2 minutes A variety of factors caused the Chicago soy complex to fall at the Chicago Board of Trade during the week ended Dec. 18, 2024.
ICE Canada Weekly: Canola could enter narrow range
Soyoil, loonie, StatCan report among supportive factors
Reading Time: < 1 minute As the turnaround in canola continued, analyst said there are three factors underpinning the swing upward. David Derwin, commodities futures advisor for Ventum Financial in Winnipeg, pointed to the gains made by soyoil futures on the Chicago Board of Trade, the weakening of the Canadian dollar, and the reduction in the canola harvest made by Statistics Canada.
A message from April Stewart, Country Guide's Associate Editor
