CBOT March 2019 wheat with 100- and 50-day moving averages. (Barchart)

U.S. grains: Soybeans firm on South America weather worries

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Wednesday on worries about poor crop weather reducing yield potential in South America, analysts said, while traders continued to watch for any developments in U.S. trade relations with top global soy buyer China. Wheat firmed on hopes that rising prices in Russia, the world’s biggest exporter, […] Read more



USDA’s main home page on Jan. 11, 2019. (GFM Staff photo)

USDA to reopen all farm agency offices

Reading Time: < 1 minute Washington | Reuters — The U.S. Department of Agriculture said Tuesday it will reopen all Farm Service Agency offices on Thursday to offer services to farmers and ranchers during the partial government shutdown. Some Farm Service Agency (FSA) offices had been providing limited services since Jan. 17, but the move means all of the agency’s […] Read more

(Dave Bedard photo)

Bunge names acting CEO, cuts 2018 guidance

Reading Time: 2 minutes Reuters — Global grains trader Bunge appointed one of a slew of new board members as its acting CEO on Tuesday and cut its 2018 earnings forecast as the U.S.-China trade war battered soybean prices and devalued the company’s inventory in Brazil. Gregory Heckman, a founding partner of private investment firm Flatwater Partners and former […] Read more


CBOT March 2019 soybeans, with 50-day moving average. (Barchart)

U.S. grains: Soy, corn sag on uncertainty over China trade talks

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures fell to session lows on Tuesday on reports that the Trump administration turned down Chinese offers this week for preparatory trade talks, brokers said. The declines in corn and soybeans also pared advances in wheat futures, which nonetheless ended higher on signs of tightening Russian supplies. […] Read more



(File photo by Dave Bedard)

Railways ration space as commodity congestion problems worsen

Reading Time: 3 minutes Winnipeg | Reuters — Canada’s two major railways are rationing space on trains traveling to the country’s biggest port and recently prioritized some commodities over others to deal with congestion, the latest indication of their struggle to meet demand from new trade deals. That move prompted Canada’s transport regulator last week to start an investigation […] Read more

U.S. livestock: Hogs rise on hopes for China trade talks

U.S. livestock: Hogs rise on hopes for China trade talks

Reading Time: 2 minutes Chicago | Reuters — Hopes for progress in talks to resolve the U.S.-China trade war lifted Chicago Mercantile Exchange lean hog futures on Friday, traders said. Wall Street and commodities advanced after Bloomberg, citing people familiar with the matter, reported that China offered to go on a six-year buying spree to ramp up imports from […] Read more


A file photo of Brazil’s Mata Atlantica (Atlantic rainforest). (FG Trade/E+/Getty Images)

Brazil ag minister eyes indigenous land for commercial farming

Reading Time: 2 minutes Brasilia | Reuters — Brazil should open indigenous land to commercial farming, Agriculture Minister Tereza Cristina Dias said on Friday, while also seeking to soften many of President Jair Bolsonaro’s controversial stances on native people and the environment. Farmers form a key base of support for right-wing firebrand Bolsonaro who since taking office Jan. 1 […] Read more