Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures slid to a three-month low on Tuesday, extending declines from the prior day triggered by the U.S. Department of Agriculture’s outlook for massive supplies following a record-large U.S. harvest. Soybeans touched a two-and-a-half-month low after the USDA on Monday trimmed its U.S. export view and raised its harvest […] Read more
U.S. grains: Corn, soybeans hit lowest prices since October on big supplies
EU-Mercosur trade pact signals limits of Trump’s hardball diplomacy in Latin America
Reading Time: 3 minutes A mega trade deal clinched between the European Union and South America’s biggest economies after a quarter-century of talks may signal the limits of the Trump administration’s pressure tactics in the region, officials and analysts said.
Canadian prime minister visits China after nearly a decade of tense relations
Reading Time: 4 minutes Prime Minister Mark Carney departs for China on Tuesday, where he will discuss trade and international security at a time when Canada faces uncertain relations with the U.S. due to a trade war and annexation threats from President Donald Trump.
U.S. grains: Corn drops to 12-week low on report of massive stocks, record harvest
Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures plunged on Monday after the U.S. Department of Agriculture reported that U.S. farmers and grain companies held the most corn in storage ever as of December 1, after growers harvested a record-breaking crop that was even bigger than previously expected. During the trading session, the most-active corn futures […] Read more
Canadian National Railway files with U.S. regulator for more details on Union Pacific-Norfolk deal
Reading Time: < 1 minute Canadian National on Monday said it filed a motion with the U.S. Surface Transportation Board that asks the agency to order Union Pacific and Norfolk Southern to disclose more details on their proposed merger.
Ahead of Carney visit, China rapeseed meal prices slide near two-week low
Reading Time: 2 minutes China’s most active Zhengzhou rapeseed (canola) meal futures fell on Monday, hovering near their lowest point in more than two weeks, as news of Prime Minister Mark Carney’s visit to China this week boosted sentiment around a potential canola-related deal.
U.S. grains: Soybean futures rise on active Chinese buying
Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures edged higher on Friday on increased Chinese demand for American supplies. Wheat and corn futures finished nearly unchanged as traders adjusted positions in agricultural markets ahead of the release of much-anticipated U.S. Department of Agriculture crop data on Monday. China’s Sinograin bought at least 10 cargoes of U.S. […] Read more
EU states back record South America trade deal after 25 years
Reading Time: 3 minutes EU states gave a provisional go-ahead on Friday for the bloc to sign its largest ever free trade accord with South American group Mercosur, more than 25 years since talks began.
World food prices extend fall in December, UN’s FAO says
Reading Time: < 1 minute World food prices declined for a fourth consecutive month in December, marking the lowest average since January, the United Nations’ Food and Agriculture Organization said on Friday.
U.S. grains: Wheat futures backpedal as US rains ease weather worries
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures backpedaled from their highest levels in nearly two weeks on Thursday as rains eased concerns over dry weather in U.S. growing areas, analysts said. Corn futures set their highest level in more than a week before finishing slightly lower, and soybeans also slipped. Traders adjusted positions in the […] Read more
A message from April Stewart, Country Guide's Associate Editor
