Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rallied to their highest since at least August on Monday, joining a broad rally in commodity and equity prices after Washington and Beijing sealed a truce in a trade war that has halted nearly all U.S. soy shipments to the world’s top importer. Soybean prices, however, set back […] Read more
U.S. grains: Soybeans strike post-harvest highs on trade truce
U.S. grains: Wheat, soy, corn climb
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose about 1.5 per cent Friday on firming cash markets, analysts said, while soybeans and corn firmed ahead of hotly anticipated U.S.-China trade talks at this week’s G20 summit in Argentina. The G20 meeting is to include head-to-head discussions between U.S. President Donald Trump and Chinese counterpart Xi […] Read more
U.S. grains: Soybeans pause after two-day rise
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures eased on Thursday as traders booked profits after prices hit a near two-week high in the previous session, ahead of trade talks between Washington and Beijing at the G20 meeting. Wheat futures declined on lacklustre U.S. export sales while corn ended nearly unchanged. Chicago Board of Trade January […] Read more
CBOT weekly outlook: Volatile markets await G20 meeting
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
U.S. grains: Soy climbs on short-covering ahead of trade talks
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Wednesday on short-covering as investors waited to see if expected talks between Washington and Beijing at a G20 summit this week will defuse a trade dispute that has choked U.S. soybean exports to China. Corn and wheat followed the firm tone, drawing additional support from a […] Read more
U.S. grains: Soybeans rise ahead of G20 talks, wheat declines
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed on Tuesday as brokers adjusted positions ahead of trade talks between China and the U.S. at the upcoming G20 meeting. Corn ended narrowly mixed while wheat futures fell on technical selling and worries about export demand for U.S. supplies. In addition, concerns eased about political tension between […] Read more
U.S. grains: Soybeans sag on fears of fading export prospects
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell about two per cent and neared a four-week low on Monday on chart-based selling and worries about export prospects for U.S. supplies amid a trade war with China, traders said. Corn futures followed soybeans lower. But wheat futures rose on fears that Russian-Ukrainian tensions could inhibit grain […] Read more
U.S. grains: Wheat tops one-week high on improving export demand
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures topped one-week highs on Friday on hopes for improved export demand after sales to Egypt, while corn and soybean futures slumped. Egypt’s state grain buyer, the General Authority for Supply Commodities, said it bought 240,000 tonnes of wheat in an international purchasing tender on Thursday, with half of […] Read more
CBOT weekly outlook: Markets quiet heading into holidays
Reading Time: 2 minutes CNS Canada — Traders aren’t expecting much to move corn and soybean markets in upcoming weeks as the U.S. moves into holiday mode. “These markets are going to just be very choppy and of course we’re going into December and nobody likes to work (during the holiday season). There’s more parties, Washington goes on Christmas […] Read more
U.S. grains: Soy futures up on hopes of progress in U.S.-China dispute
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
A message from April Stewart, Country Guide's Associate Editor
