Reading Time: 2 minutes The trade's initial reaction to the re-election of former United States President Donald Trump was bearish for soybeans and corn on the Chicago Board of Trade on Nov. 6. Meanwhile, the U.S. Federal Reserve's interest rate announcement on Nov. 7 and the U.S. Department of Agriculture's supply and demand report on Nov. 8 are likely to have a bullish effect on those commodities, said Allendale Inc. president Steve Georgy.
CBOT weekly outlook: Trio of events loom over U.S. soybeans, corn
U.S. grains: Corn ticks up on export demand, easing harvest pressure
Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures ticked up on Friday as export demand for U.S. crops swelled and harvest pressure eased, analysts said. Soybean futures turned lower in choppy trading after rising earlier on U.S. export sales. Wheat futures also eased as rains over dry regions of the U.S. weighed on prices, though drought […] Read more
ICE Weekly: Malaysian palm oil supports canola prices
Reading Time: < 1 minute Rising Malaysian palm oil prices gave canola prices a lift during the week ended Oct. 30, 2024.
CBOT Weekly: Corn, soybeans rising, wheat slipping
Reading Time: 2 minutes Corn and soybean prices rose at the Chicago Board of Trade during the week ended Oct. 23, 2024. However, wheat prices went lower during the same week.
ICE Weekly: Production uncertainty, forthcoming Chinese action fueling canola’s upswing
January contracts climbs $36/tonne
Reading Time: 2 minutes Buyers for China and others scooping up as much canola as they can, fueling hike in Intercontinetal Exchange canola futures.
Fund short position in canola dips for fourth week
Reading Time: < 1 minute The net fund short position in canola declined for the fourth week in a row in mid-October, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
ICE canola weekly outlook: Weak soybeans a “problem”
Reading Time: < 1 minute The ICE Futures canola market backed away from nearby highs during the week ended Oct. 16, as losses in Chicago soybeans and soyoil weighed on values. With the canola harvest in its final stages across Western Canada, the market will likely settle in a sideways range while looking to outside influences for direction.
Pulse weekly: Lentil market watching India dispute
Reading Time: 2 minutes An ongoing dispute between Canada and India involving the assassination of a Sikh man on Canadian soil has Canada's lentil market fearing that one of its largest trading partners may shut its doors to the pulse.
U.S. Grains: CBOT wheat, soy and corn fall as dollar rallies
Reading Time: 2 minutes Chicago wheat dropped for a second day on Friday, moving further from a 3-1/2 month high reached this week as a stronger dollar made U.S. exports look less attractive.
Second day of CAPI conference tackles ESG
ESG will be key to sustainability reporting in coming years
Reading Time: 3 minutes Day two of the Canadian Agri-Food Policy Institute (CAPI) Canadian Agri-Food in a Sustainable World conference in Ottawa focused on environment, social and governance (ESG) requirements. Panels covered ESG and the changing Canadian ag landscape from national and global perspectives.
A message from April Stewart, Country Guide's Associate Editor
