Reading Time: 2 minutes Chicago soybean prices rose on Wednesday, recovering some of the previous session’s losses, as Beijing’s confirmation that it was cutting tariffs on U.S. farm goods put attention back on a trade truce between the countries.
Reuters
U.S. grains: Soybean prices rise as China-U.S. truce assessed
Beijing lifts some tariffs on U.S. farm goods but soybeans stay costly
Reading Time: 3 minutes China will suspend retaliatory tariffs on U.S. imports, including duties on farm goods, after last week’s meeting of the two countries’ leaders, Beijing confirmed on Wednesday, but imports of U.S. soybeans still face a 13 per cent tariff.
Bunge beats profit estimates on strong processing margins, Viterra boost
Reading Time: 2 minutes Bunge Global topped Wall Street estimates for third-quarter adjusted profit on Wednesday with the closing of its acquisition of Viterra in July boosting volumes as oilseed processing margins improved, sending shares up 2.6 per cent.
U.S. grains: Soybeans retreat after rally, wheat holds at three-month high
Reading Time: 2 minutes U.S. soybean futures fell on Tuesday, retreating from a 16-month high hit a day earlier, as traders awaited Chinese purchases of U.S. cargoes following last week’s trade truce agreed by the world’s two largest economies.
ADM cuts 2025 profit outlook on biofuel and trade uncertainty; shares tumble
Reading Time: 2 minutes Archer-Daniels-Midland cut its 2025 profit forecast for a third straight quarter on Tuesday as U.S. biofuel policy uncertainty and global trade disruptions pressured oilseed crush margins.
U.S. not ready to lift Mexican cattle ban over screwworm, Agriculture Secretary Rollins says
Reading Time: 3 minutes The U.S. is not yet ready to reopen its border to Mexican cattle amid an outbreak of the flesh-eating New World screwworm parasite, Agriculture Secretary Brooke Rollins said, but she is pleased with Mexico’s efforts to contain the pest.
U.S. grains: Soybeans touch 16-month high, wheat firm on Chinese demand hopes
Reading Time: 2 minutes Chicago soybean futures hit 16-month highs on Monday on expectations China will restart large-scale U.S. soy buying after the two countries reached a deal to de-escalate their trade war.
China rapeseed meal futures see largest one-day gain in almost three months after Xi–Carney talks
Reading Time: < 1 minute China’s most active Zhengzhou rapeseed (canola) meal futures posted their largest daily gain in nearly three months on Monday, after Canadian Prime Minister Mark Carney and Chinese President Xi Jinping met in South Korea last week without securing a breakthrough on tariffs.
U.S. grains: Soy futures post biggest monthly gain in nearly five years on China trade optimism
Reading Time: 2 minutes U.S. soybean futures climbed to a 15-month high and posted their biggest monthly gain in nearly five years on Friday following a rally fueled by the prospect of revived exports to China.
Carney agrees to visit China after meeting Xi
Reading Time: 2 minutes Prime Minister Mark Carney agreed to visit China after meeting with President Xi Jinping on Friday, in an encounter that may have marked a turning point but offered no breakthroughs on trade.