Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped nearly two per cent on Thursday, the steepest slide since Nov. 26, reversing a week of gains due to a lack new purchases by China following trade talks with the United States. Forecasts for a bumper Brazilian soybean crop added pressure despite recent hot, dry weather in […] Read more
U.S. grains: Soybeans sink as China trade optimism wavers
CBOT weekly outlook: Trade news having little effect
Reading Time: 2 minutes CNS Canada — Even though news out of Beijing regarding the trade talks between the U.S. and China were reported as ending on a positive note Wednesday morning, one broker watching the Chicago Board of Trade didn’t see it having much effect on commodities. “The only thing that would be a real positive announcement would […] Read more
U.S. grains: Soy climbs on China trade optimism
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rebounded on Wednesday, posting gains for the fifth session in six on hopes that China will accelerate its purchases of U.S. agricultural products following three days of trade talks with the United States this week. Corn also firmed as traders anticipated the grain would be among the goods […] Read more
U.S. grains: Soybeans slip from rally, eyes on China talks
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures declined for the first time in five sessions on Tuesday in a profit-taking and technical setback after notching 3-1/2-week highs a day earlier. Losses were limited, however, by hopes that trade talks between Washington and Beijing will open the door for more U.S. soybean exports to China following […] Read more
U.S. grains: Soy firm on Brazil dryness, China trade hopes
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Monday for a fourth straight session and notched a three-week high on concern about dry weather in Brazil and as trade talks between Washington and Beijing raised hopes of accelerated export purchases by China. Corn and wheat eased as some traders sold contracts to take profits […] Read more
U.S. grains: Soybeans up as China talks fuel export hopes
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed to a two-week high on Friday on optimism over U.S.-China trade talks planned for next week, coupled with declining estimates of the size of Brazil’s developing crop, traders said. Corn and wheat followed the firm trend, with brightening export prospects for both grains lending support. Chicago Board […] Read more
U.S. grains: Wheat rises on technical bounce, export prospects
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose about 1.4 per cent on Thursday, reaching a one-week high on a technical rebound from multi-month lows and optimism about U.S. export prospects, analysts said. Soybeans hit a two-week top on worries about declining Brazilian crop prospects and rumours of Chinese buying interest, and corn followed the […] Read more
U.S. grains: Soy up on crop stress in Brazil, hopes for China talks
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures advanced to a near two-week high on Wednesday on declining yield prospects in Brazil and optimism about U.S. trade relations with top global soy buyer China, traders said. Wheat futures rose, rebounding from multi-month lows on short-covering and concerns about excessive rains in Argentina, while corn finished modestly […] Read more
U.S. grains: Wheat eases in thin holiday trade
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell more than one per cent on Monday in thin, technically driven trade, brokers said, but still posted a yearly gain of nearly 18 per cent. U.S. soybean futures ended lower, retreating from early advances tied to signs of thawing trade tension between Washington and top global soy […] Read more
U.S. grains: Soy futures jump on hopes for China deals, positioning
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed on Friday to their highest prices in more than a week, on hopes China will make additional purchases of the oilseed in a thawing of the trade war between the world’s two biggest economies, traders said. Corn and wheat futures also rose at the Chicago Board of […] Read more
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