Reading Time: 2minutes Chicago Board of Trade (CBOT) wheat futures settled up on Monday, but fell short of the three-week high that prices hit early in session.
Reading Time: 2minutes Chicago Board of Trade soybean futures fell more than one per cent on Friday to below $12 a bushel on profit taking a day after the benchmark contract neared a two-month high as farmer soy sales and the dollar's surge added to bearish sentiment, analysts said.
Reading Time: 2minutes Chicago Board of Trade (CBOT) soybean futures surged to a two-month high on Thursday as worries about threatening weather in Argentina triggered speculative buying and short-covering, analysts said, but the market pared gains after the rally spurred a round of farmer sales.
Reading Time: 2minutes Chicago Board of Trade (CBOT) soybean futures jumped two per cent on Wednesday, climbing back above $12 a bushel as commodity funds appeared to cover short positions, brokers said, while news of fresh U.S. soybean export sales and excessive rains in Argentina lent support.
Reading Time: < 1minute Soybean and corn futures at the Chicago Board of Trade have both shown some strength over the past week but should be expected to hold relatively rangebound in the short term ahead of acreage data due out at the end of the month, according to an analyst.
Reading Time: 2minutes Canadian canola ending stocks will likely be tighter by the close of the upcoming 2024/25 marketing year, while the wheat carryout should rise, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released March 19.
Reading Time: 2minutes Chicago Board of Trade (CBOT) wheat and corn futures strengthened on Tuesday on technical moves as traders seek to unwind short positions ahead of uncertain springtime weather and upcoming U.S. Department of Agriculture reports, analysts said.
Reading Time: 2minutes Solid exports of Canadian yellow peas to India over the past few months could continue for longer, as officials contemplate extending duty-free imports once again.
Reading Time: 2minutes U.S. wheat futures rose 2.7 per cent on Monday as Russia's weekend attacks on Ukrainian ports underscored risks to exportable grain supplies from the Black Sea region, analysts said.
Reading Time: 2minutes Chicago Board of Trade wheat futures weakened on Friday as plentiful global supplies and weak demand anchored the market, analysts said.
A message from April Stewart, Country Guide's Associate Editor