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CBOT December 2018 corn (in black) and November 2018 soybeans (in green). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans hit one-week low on export woes

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to a one-week low on Friday and recorded a second straight weekly decline, pressured by fresh cancellations of U.S. soybean sales, traders said. Corn futures fell for a fourth straight session and also notched a weekly drop, while wheat futures firmed after a three-session slide. Chicago Board […] Read more
(JBSs.infoinvest.com.br)
Beef Cattle, Livestock, Reuters

Brazil’s regulator rejects JBS settlement deal

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Reading Time: 2 minutes Sao Paulo | Reuters — The Brazilian securities regulator CVM said on Wednesday it had rejected a settlement with the world’s largest meatpacker JBS SA and major shareholders in an insider trading case because of the severity of the allegations. Wesley Batista, the former CEO of JBS, and his brother Joesley are the largest individual […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets, Reuters

ADM ramps up ethanol sales in Chicago, irking rivals

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Reading Time: 3 minutes New York/Chicago | Reuters — Archer Daniels Midland has sold unusually high volumes of ethanol into the Chicago market since late last year as export markets dried up, driving down prices in the U.S. Midwest and angering the company’s rivals, according to traders and regulatory data. The Illinois-based global commodities powerhouse, a major ethanol producer, […] Read more
A soybean plantation in Brazil. Genetically modified soybeans that rely on glyphosate for weed control are planted across the country. (MailsonPignata/iStock/Getty Images)
Crops, Reuters

Brazilian court overturns ban on glyphosate

Reading Time: 2 minutes Brasilia | Reuters — A Brazilian court on Monday overturned an injunction banning products containing the herbicide glyphosate, knocking down a previous ruling that had been set to disrupt the soy planting season set to begin this month. A Brazilian judge ruled last month to halt the registration of new glyphosate-based products in the country […] Read more
Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)
Crops, Markets, Reuters, Weather

U.S. grains: Markets set one-week highs on export hopes, weather woes

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Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures touched their highest prices in about a week on Wednesday, as agricultural markets stabilized following recent drops to contract lows. Hopes for increased U.S. commodity export demand helped support soy prices after the market fell to a 10-year low on Monday amid widespread concerns about the […] Read more
(JBSs.infoinvest.com.br)
Livestock, Reuters

Ex-JBS chair Batista charged with corruption

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Reading Time: < 1 minute Brasilia | Reuters — Brazilian federal prosecutors on Monday charged JBS SA shareholder Joesley Batista, another senior executive of the meatpacking company and a former federal prosecutor with corruption. The charges against Batista, former executive Francisco Assis and former federal prosecutor Marcello Miller were filed before a federal court in Brasilia, prosecutors said in a […] Read more
(Ablokhin/iStock Editorial/Getty Images)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: U.S./China trade uncertainty weighs on soy

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Reading Time: 2 minutes CNS Canada — Trade uncertainty between China and the U.S., along with good U.S. growing conditions, is pressuring the soybean market on the Chicago Board of Trade (CBOT). During the week ended Wednesday, the July CBOT soybean contract dropped about 30 cents to $9.9425 per bushel (all figures US$). “The trade uncertainty is a major […] Read more
(Portosdobrasil.gov.br via Flickr)
General, Markets, Reuters

Chickens culled as Brazil truckers disrupt commodity exports

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Reading Time: 3 minutes Sao Paulo | Reuters — Striking truckers in Brazil have disrupted supply and exports of farm produce from one of the world’s agricultural commodity powerhouses. Brazil is the top global exporter of soybeans, sugar, coffee and chickens. The strike over high fuel prices has paralyzed Latin America’s largest economy, emptied Brazilian roadways and left major […] Read more

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