Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures fell to session lows on Tuesday on reports that the Trump administration turned down Chinese offers this week for preparatory trade talks, brokers said. The declines in corn and soybeans also pared advances in wheat futures, which nonetheless ended higher on signs of tightening Russian supplies. […] Read more
U.S. grains: Soy, corn sag on uncertainty over China trade talks
U.S. grains: Soybeans sink on weak China trade data
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to a 1-1/2-week low on Monday on technical selling and on concerns about demand from China as the world’s top soy importer remains locked in a tariff war with the United States. Wheat also fell after Russia, the world’s top supplier, left its export forecast unchanged despite […] Read more
U.S. grains: Wheat drops as Russia lessens export curb fears
Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures fell nearly two per cent on Friday after Russia raised its grain export forecast and dampened speculation that tight supplies would prompt curbs on overseas shipments from the world’s biggest wheat supplier. Soybeans dropped to a three-week low as favourable weather boosted crop prospects in South America, overshadowing […] 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
Russia to resume beef, pork imports from Brazil
Reading Time: < 1 minute Moscow/Sao Paulo | Reuters – Russia’s agriculture safety watchdog said on Wednesday it would allow imports of beef and pork from nine Brazilian plants beginning on Thursday, ending an 11-month ban triggered by concerns about the safety of their meat products. Russia’s Rosselkhoznadzor had placed temporary restrictions on imports of pork and beef products from […] Read more
World crop briefs: Black Sea’s oilseed yields seen larger
Reading Time: < 1 minute CNS Canada — The Black Sea region’s oilseed crop for 2018-19 is estimated 160,000 tonnes higher, at 43.36 million tonnes, according to the latest estimates by the U.S. Department of Agriculture. In its October estimates, USDA estimated Ukraine rapeseed production would come in at 100,000 tonnes more than previous estimates to 2.7 million tonnes. Turkey’s […] Read more
Vietnam could halt imports of wheat containing thistle seed
Reading Time: 2 minutes Hanoi | Reuters — Vietnam might halt imports of wheat cargoes containing cirsium arvense, or thistle seed, while suggesting local importers should seek supplies from Kazakhstan, Australia and Argentina, local media reported on Thursday. Wheat importer Vietnam, whose main suppliers include Russia, Australia and Canada, has been battling with imported wheat contaminated with thistle seed […] Read more
A message from April Stewart, Country Guide's Associate Editor
