Reading Time: 2 minutes Chicago soybean and corn futures surged on Thursday on short covering and bargain buying after prices sank low enough to attract buying interest, though supply pressure from favorable U.S. crop conditions continue to loom over the market, analysts said.
U.S. grains: Soybeans, corn rebound on technical trading, bargain buying
U.S. livestock: Cattle futures rally peters out on position squaring
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures fell on Thursday after rising for four consecutive sessions, as traders booked profits and squared positions ahead of the U.S. Department of Agriculture's monthly Cattle on Feed report due after the market's close on Friday, analysts said.
Moe to go to China to discuss canola tariffs
Federal agriculture minister MacDonald says it's too early to say what help farmers need
Reading Time: 2 minutes Saskatchewan Premier Scott Moe said on Thursday that he would travel to China soon for talks on persuading Beijing to drop its new tariffs on canola.
Crop tour finds strong corn, soy potential along with diseases in Illinois, western Iowa
Reading Time: 2 minutes Corn yield potential and soybean prospects are significantly above average across Illinois and western Iowa, though plant diseases could threaten final yields, scouts on an annual crop tour of the Midwest said on Wednesday.
India imports canola oil after 5 years as local prices surge
Reading Time: < 1 minute India bought canola oil for delivery in August for the first time in nearly five years, as local prices hit a three and a half-year high, making overseas purchases lucrative, industry officials told Reuters.
U.S. livestock: Cattle futures continue rally on constrained supply
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures rose for the fourth session in a row on Wednesday, as a continued tight supply of cattle and resilient consumer demand for beef boosted futures, traders said.
U.S. grains: Soybeans, corn choppy as traders eye crop tour results
Reading Time: 2 minutes Chicago soybean and corn futures chopped up and down on Wednesday as traders monitored results from a U.S. Midwest field tour that initially confirmed strong yield prospects, traders said.
Nebraska soy, Indiana corn show best potential in years, crop scouts say
Reading Time: 2 minutes Nebraska’s soybean pod count is the highest in at least 22 years, and its corn yield potential is the strongest in four years, scouts said on Tuesday during the second day of Pro Farmer’s annual tour of major grain-producing states.
U.S. grains: Chicago wheat, corn tick lower on continued supply pressure
Reading Time: 2 minutes Chicago wheat fell on Tuesday, pressured by an upward revision to Russia's wheat crop forecast and the latest talks to end the war in Ukraine, while corn eased as strong yield projections from a U.S. Midwest field tour maintained supply pressure.
U.S. soybean farmers urge Trump to make purchase deal with China
Reading Time: < 1 minute U.S. soybean farmers urged President Donald Trump in a Tuesday letter to reach a trade deal with China that secures significant soybean purchase agreements, warning of dire long-term economic outcomes if the country continues to shun the U.S. crop.
A message from April Stewart, Country Guide's Associate Editor
