Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Friday to a one-week low, pressured by forecasts for much-needed rain late next week in the southern Plains winter wheat belt, analysts said. Corn followed wheat lower amid a lack of fresh supportive news, and soybeans turned down, erasing early advances, as nervous traders booked profits […] Read more
U.S. grains: Wheat at one-week low on wetter U.S. outlooks
U.S. grains: Wheat sags on sluggish export demand
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell more than one per cent on Thursday on reminders of ample world supplies and strong competition for export business, along with some forecasts for much-needed rains next week in the U.S. Plains, analysts said. Soybean futures rose on export demand for U.S. supplies, and corn ended modestly […] Read more
CBOT weekly outlook: Soy recovers from wild week
Reading Time: 2 minutes CNS Canada — After a wild week in which the Chicago Board of Trade (CBOT) soybean market plunged, following China announcing tariffs on imports of U.S. soybeans, it has recovered. China on Thursday announced plans for a 25 per cent tariff on U.S. soybean imports in retaliation of previously announced tariffs by the U.S. on […] Read more
U.S. grains: Wheat ends lower on plentiful world supplies
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell roughly one per cent on Wednesday amid reminders of plentiful global supplies and some outlooks for rain in the Plains wheat belt late next week. Corn declined on technical selling and soybeans turned lower, a day after the spot May contract set a one-month top. Chicago Board […] Read more
U.S. grains: Soybeans climb on USDA data
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures closed higher on Tuesday after the U.S. Department of Agriculture trimmed its forecast of U.S. 2017-18 soybean ending stocks in a monthly report, bucking trade expectations for an increase. Wheat closed modestly higher on technical buying and worries about poor weather in the U.S. Plains wheat belt, while […] Read more
U.S. grains: Wheat soars on U.S. weather woes
Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures surged nearly four per cent on Monday, nearing a one-month high as cold weather threatened to stress U.S. wheat already weakened by drought, traders said. Soybean futures rose on signs of fresh export demand and corn followed the firm trend, with wintry conditions in the Midwest adding to […] Read more
U.S. grains: Soybeans close firm despite trade threats
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Friday, with traders shrugging off rhetoric about escalations in a trade war between China and the U.S. to focus on fresh export deals. China warned on Friday it was fully prepared to respond with a “fierce counter strike” of fresh trade measures if the U.S. follows […] Read more
U.S. grains: Soybeans rally as market digests Chinese tariff threat
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures rallied more than one per cent on Thursday as investors played down the immediate impact of proposed Chinese tariffs on U.S. supplies, a move that had sent prices plunging a day earlier. U.S. wheat futures jumped as much as two per cent, lifted by worries that cold temperatures […] Read more
CBOT weekly outlook: Soybeans wade through turbulent trade waters
Reading Time: 2 minutes CNS Canada — Soybean futures on the Chicago Board of Trade suffered sharp losses Wednesday after China said it would slap a 25 per cent tariff on soybean imports in retaliation for U.S. sanctions that had been placed on it. The dominant May contract plummeted 55 cents to $9.83 a bushel, before bargain-hunters stepped in […] Read more
U.S. grains: Soy, corn tumble as China slaps tariffs on imports
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures tumbled two per cent on Wednesday after China readied tariffs against U.S. soy, corn, beef and other goods to retaliate against the Trump administration’s planned tariffs on Chinese exports as a trade war intensified. U.S. corn futures also fell sharply, then recovered a portion of the heavy losses. […] Read more
A message from April Stewart, Country Guide's Associate Editor
