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Crops, Markets, Reuters

U.S. grains: Soybeans firm as USDA confirms large purchases by China

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures edged higher for a third straight session on Tuesday after the U.S. Department of Agriculture confirmed more soybean purchases by China. USDA reported nearly three million tonnes of U.S. soybean export sales on Tuesday, mostly to China, after high-level talks last week between the U.S. and China ended […] Read more
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Crops, Machinery, Reuters

Biofuels group suing U.S. EPA over small refinery exemptions

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Reading Time: 1 minute Washington | Reuters — Biofuels group Growth Energy filed a federal lawsuit against the U.S. Environmental Protection Agency on Monday, challenging the agency’s renewable fuel mandate for 2019 as failing to address rising waived biofuel volumes. “EPA’s inaction on addressing lost gallons due to small refinery exemptions in this rulemaking is a clear violation of […] Read more
U.S. livestock: Cattle, hog futures climb on technical buying
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures climb on technical buying

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Reading Time: < 1 minute Chicago | Reuters — U.S. livestock futures were higher on technical buying on Monday, with live cattle nearing recent contract highs and lean hogs rebounding from a multi-month low reached on Friday, traders and analysts said. Firmer prices for pork and beef in the wholesale market also buoyed futures. Hogs jumped as much as four […] Read more
CBOT March 2019 soybeans with 20- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans firm on new China sales, shrinking Brazil crop

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures edged higher on Monday on renewed Chinese demand for U.S. shipments and worries about a smaller Brazilian soy crop, but gains were limited by abundant global supplies and an uncertain outcome to Sino-U.S. trade talks. The extended Chinese market closure for the Lunar New Year also kept prices […] Read more
(File photo by Dave Bedard)
Crops, Machinery, Reuters, Weather

Three crew die in CP grain train derailment

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Reading Time: 2 minutes Toronto | Reuters — Three crew members died on Monday when a Canadian Pacific Railway grain train derailed in British Columbia, a Transportation Safety Board (TSB) spokesman said. The accident occurred when a train carrying 40 to 60 grain hopper cars derailed near Field, B.C., the TSB spokesman said. TSB is investigating the cause of […] Read more
U.S. livestock: Live cattle futures firm
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures firm

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle rose slightly on Friday, rebounding from Thursday’s declines on some bargain buying. Hog futures were mostly higher after falling to their lowest since Aug. 9 on Thursday, providing an opportunity for some end-of-week short-covering. But feeder cattle contracts weakened to their lowest since Jan. 23, pressured […] Read more
CBOT March 2019 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy climbs on fresh sales to China

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Reading Time: 2 minutes Chicago | Reuters — The most-active U.S. soybean futures contract reached its highest level since June on Friday on news of fresh U.S. soy sales to China, but the market pared gains as traders considered plentiful global supplies. Wheat futures rose as firming U.S. cash markets signaled a pick-up in export demand, and corn followed […] Read more
File photo of an oil pumpjack near Drumheller, Alta. (LaughingMango/E+/Getty Images)
General, Machinery, Reuters

Bankrupt oil firms must clean up inactive wells, Supreme Court rules

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Reading Time: 2 minutes Ottawa/Winnipeg | Reuters — Canada’s Supreme Court ruled on Thursday that bankrupt oil companies must clean up inactive wells, overturning lower court decisions that prioritized paying creditors and potentially raising the risks of investment in the industry. The 5-2 ruling means that the Alberta Energy Regulator (AER), which had appealed the earlier court decisions, can […] Read more
U.S. grains: Corn, soy end lower on technical selling
Crops, Markets, Reuters

U.S. grains: Corn, soy end lower on technical selling

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell more than one per cent on Thursday on a rising estimate of Argentina’s crop and chart-based selling, analysts said, while soybeans and wheat also declined. Chicago Board of Trade (CBOT) March corn settled down 4-3/4 cents at $3.76-1/2 a bushel (all figures US$). March soybeans ended down […] Read more

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