Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures eased on Wednesday in a technical selling setback following two days of gains despite concerns that rainy weather in parts of the Midwest would delay harvesting and possibly damage some crops. Corn futures also fell as technical selling more than offset support from strong demand and potential harvest […] Read more
U.S. grains: Soybeans, corn ease in technical setback
U.S. grains: Soy, corn firm as rain stalls Midwest harvest
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures firmed for a second day on Tuesday on expectations for improved demand following a recent price slump and as a rainy weather outlook for the Midwest threatened to stall harvesting. Futures jumped sharply on Monday on news of a newly negotiated U.S.-Mexico-Canada Agreement (USMCA), a replacement […] Read more
Klassen: Improving margins underpin feeder market
Reading Time: 2 minutes Compared to last week, western Canadian yearlings advanced $2-$5 while calves were unchanged to $3 higher. April live cattle futures are in a bull market; I’ve had many calls from producers and all I tell them is that April live cattle futures are in a bull market. Just as important, a market will not culminate […] Read more
U.S. grains: Corn, soy surge as NAFTA revamp outweighs big supplies
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rallied on Monday, reversing the prior session’s steep losses, after the U.S., Canada and Mexico announced they had reached a deal on a trilateral pact to replace NAFTA. Corn gained nearly three per cent and soybeans more than one per cent as news of the trade […] Read more
U.S. grains: Bigger-than-expected supplies knock down prices
Reading Time: 2 minutes Chicago | Reuters — U.S. grain futures slumped on Friday after the U.S. Department of Agriculture said farmers and crop handlers had more supplies in storage than analysts expected. The bigger-than-expected inventories from previous harvests add to an oversupply as U.S. farmers are starting to bring in another massive corn and soybean crop from their […] Read more
U.S. grains: Corn tops one-month high on strong U.S. export sales
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures touched their highest prices in more than a month on Thursday on strong export demand and as traders adjusted positions ahead of a crop report expected to show supplies tightened over the past year. Soybean futures also rose, extending a rebound from recent losses into a third consecutive […] Read more
U.S. grains: Soybeans rise on bargain buying, sale to Mexico
Reading Time: 2 minutes Chicago | Reuters — Bargain buying and a major sale of U.S. soy to Mexico on Wednesday helped lift U.S. soybean futures for a second day, traders said, while corn and wheat futures slipped. Soybeans are recovering after the most actively traded contract last week fell to its lowest price in nearly 10 years. The […] Read more
CBOT weekly outlook: USDA reports not expected to shake up markets
Reading Time: 2 minutes CNS Canada — Corn, soybean and wheat futures in the U.S. are awaiting the latest U.S. Department of Agriculture (USDA) reports, but traders aren’t expecting the reports to much of an effect on prices. USDA releases its quarterly grain stocks and small grains summary reports on Friday. “It basically wraps up the 2017-18 crop year […] Read more
U.S. grains: Soybeans top one-month high in turnaround from losses
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed to their highest in more than a month on Tuesday in a turnaround from recent declines that were driven by concerns about the U.S.-China trade dispute hurting American exports. Corn futures also set a one-month high, while wheat pulled back from a one-month high reached on Monday. […] Read more
U.S. grains: Corn, wheat surpass one-month highs
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures jumped on Monday to their highest levels in over a month on technical buying as well as concerns about rain stalling the country’s autumn harvests. Soybean futures slumped as China — the world’s top buyer of the oilseed — and the U.S. imposed fresh tariffs on […] Read more
A message from April Stewart, Country Guide's Associate Editor
