Reading Time: 2 minutes As to where canola and other grains go in the coming months is somewhat uncertain, said analyst Wayne Palmer of Exceed Grain in Winnipeg. He pointed directly at the incoming Trump administration in the United States and the policies the president-elect has been touting.
ICE Canada Weekly: Sideways trading likely until Trump sworn in
Uncertainty over policies of president-elect
CBOT Weekly: U.S. election drags down soybeans
Reading Time: 2 minutes Results from the United States election pulled down soybean prices at the Chicago Board of Trade during the week ended Nov. 13, 2024.
USDA lowers U.S. soybean/corn yield estimates
Reading Time: 2 minutes There were a few tweaks to the latest monthly report from the United States Department of Agriculture released on Nov. 8. The World Agricultural Supply and Demand Estimates not only lowered yields for U.S. corn and soybeans, the department reduced the ending stocks for both.
CBOT weekly outlook: Trio of events loom over U.S. soybeans, corn
Reading Time: 2 minutes The trade's initial reaction to the re-election of former United States President Donald Trump was bearish for soybeans and corn on the Chicago Board of Trade on Nov. 6. Meanwhile, the U.S. Federal Reserve's interest rate announcement on Nov. 7 and the U.S. Department of Agriculture's supply and demand report on Nov. 8 are likely to have a bullish effect on those commodities, said Allendale Inc. president Steve Georgy.
Brazilian soybeans/corn turn around, but jury out on Argentina
Reading Time: 2 minutes Things have been greatly improving for Brazilian soybean and corn crops, while the jury is still out for Argentina, said Michael Cordonnier of Soybean and Corn Advisor Inc. in Hinsdale, Ill.
CBOT Weekly: Corn, soybeans rising, wheat slipping
Reading Time: 2 minutes Corn and soybean prices rose at the Chicago Board of Trade during the week ended Oct. 23, 2024. However, wheat prices went lower during the same week.
ICE Weekly: Production uncertainty, forthcoming Chinese action fueling canola’s upswing
January contracts climbs $36/tonne
Reading Time: 2 minutes Buyers for China and others scooping up as much canola as they can, fueling hike in Intercontinetal Exchange canola futures.
CBOT Weekly: Trade too low on U.S. corn, soybeans ahead of S/D report
Reading Time: < 1 minute Estimates for U.S. corn and soybeans are perhaps too low and wheat prices are set to increase due to smaller global supplies.
Barley, Canola, Cereals, Crops, Lentils, News, Oats, Pasture, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat
Combining in Saskatchewan ahead of five-year average
Reading Time: 2 minutes Harvesting in Saskatchewan is in the home stretch as warm and dry conditions for the week ended Sept. 30 saw a 12-point gain to 91 per cent complete, the provincial agriculture department reported.
CBOT Weekly: USDA report, short-covering raising prices
Reading Time: 2 minutes The USDA Quarterly Grain Stocks report as of Sept. 1 caused prices at the Chicago Board of Trade (CBOT) to rise during the week ended Oct. 2, 2024.