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CBOT March 2019 soybeans, with 20-day moving average. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy, corn, wheat near one-month lows

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn, soybean and wheat futures approached one-month lows on Wednesday on worries over export demand and increasing competition for global sales. Traders were disappointed that there were no signs of additional sales of U.S. soybeans to China, the world’s top importer of the oilseed, or of corn. China bought U.S. […] Read more
CBOT March 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy down as supplies outweigh China demand

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to three-week lows on Thursday as improving crop prospects in South America overshadowed renewed Chinese demand for U.S. shipments. Corn futures also fell to the lowest in three weeks on concerns about demand from ethanol producers and as forecasts for rain in dry areas of Brazil’s corn […] Read more
CBOT December 2018 corn (orange) and January 2019 soybeans (green). (Barchart)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Volatile markets await G20 meeting

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Reading Time: 2 minutes CNS Canada — Chicago soybean and corn markets are expected to remain volatile over the next few days, ahead of the G20 summit in Argentina, said one commodities expert. That volatility is fueled by a much-talked-about meeting between U.S. President Donald Trump and Chinese President Xi Jinping scheduled for Saturday. “What is going to be […] Read more
CBOT January 2019 soybeans with 20-day moving average. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy futures up on hopes of progress in U.S.-China dispute

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Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures turned higher on Wednesday on optimism that Washington and Beijing will make progress at the upcoming G20 leaders summit toward resolving the trade dispute that has disrupted U.S. exports of the oilseed. Wheat futures slipped, while corn futures ended nearly unchanged after touching their lowest price since Oct. […] Read more
(JBSS.infoinvest.com.br)
Reuters

JBS shareholder Batista arrested in food sector corruption investigation

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Reading Time: 2 minutes Rio de Janeiro | Reuters – Brazilian police arrested one of the controlling shareholders of meatpacker JBS SA on Friday in connection with an ongoing police inquiry into illegal campaign contributions while a local news outlet reported two former agriculture ministers were also arrested. A member of JBS’ controlling family Joesley Batista is expected only to […] Read more
Employees load soybeans onto the China-bound cargo ship Kypros Land at Tiplam terminal in Santos, Brazil in March 2017. Photo: Reuters/File/Paulo Whitaker
Reuters, Soybeans

Brazil in talks to boost soymeal exports to China

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Reading Time: 2 minutes Sao Paulo | Reuters – Brazil’s soy processing executives are in talks with Chinese government officials over ways to increase soymeal exports to the Asian nation, industry group Abiove said on Monday. China already buys around 80 percent of Brazilian soybean exports. According to official data, Brazil exported 55 million tonnes of soybeans to China […] Read more
Russia had placed temporary restrictions on imports of pork and beef products from Brazil in 2017. Photo: Getty Images
Beef Cattle, Hogs, Reuters

Russia to resume beef, pork imports from Brazil

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Reading Time: < 1 minute Moscow/Sao Paulo | Reuters – Russia’s agriculture safety watchdog said on Wednesday it would allow imports of beef and pork from nine Brazilian plants beginning on Thursday, ending an 11-month ban triggered by concerns about the safety of their meat products. Russia’s Rosselkhoznadzor had placed temporary restrictions on imports of pork and beef products from […] Read more

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