Reading Time: 2 minutes Things have been greatly improving for Brazilian soybean and corn crops, while the jury is still out for Argentina, said Michael Cordonnier of Soybean and Corn Advisor Inc. in Hinsdale, Ill.
Brazilian soybeans/corn turn around, but jury out on Argentina
Weather experts see La Niña, El Niño frequency rising
Reading Time: < 1 minute The climate phenomena known as El Niño and La Niña, which bring waves of heat, cold, rain or drought, will be more frequent and extreme in coming years, after South America suffered the most intense El Niño in decades, weather experts said on Thursday.
CBOT weekly outlook: Downturn continues for grains
Early harvest reports from South America could affect prices
Reading Time: 2 minutes March grain futures at the Chicago Board of Trade (CBOT) were in decline during the week ended Jan. 31 despite receiving a boost on Jan. 30.
U.S. grains: Soy hits 2-yr lows on South American crop prospects, demand worries
Chinese demand less certain as real estate crisis deepens there
Reading Time: 2 minutes U.S. soybean futures fell to two-year lows below $12 a bushel on Monday, pressured by improving prospects for large South American harvests and worries about demand as top global soy buyer China struggles with a real estate crisis, analysts said.
U.S. grains: Soy futures drop near two-year low, corn sets three-year low
Wheat ended nearly unchanged after touching seven-week low on Tuesday
Reading Time: 2 minutes Chicago Board of Trade soybean futures tumbled near a two-year low on Wednesday as Brazilian crops benefited from improved weather and challenged U.S. exports on the global market, analysts said.
ICE weekly outlook: Canola prices could rebound
'There's nothing all that exciting to look at'
Reading Time: 2 minutes MarketsFarm — Winnipeg-based trader Ken Ball from PI Financial is cautiously optimistic that canola prices can rebound in the short term. The January canola contract closed at $702.30 per tonne on Wednesday a weekly loss of $7.40. The contract fell below the $700 level on U.S. Thanksgiving on Nov. 23, a day with little volume. […] Read more
ICE weekly outlook: Purely technical canola market trending up
Activity expected thin until next week
Reading Time: < 1 minute MarketsFarm — The ICE Futures canola market moved within a wide range during the week ended Wednesday, hitting some of its best levels in a month before running into resistance at the highs. With traders in the United States moving to the sidelines for the U.S. Thanksgiving holiday, activity should be thin and choppy until […] Read more
CBOT weekly outlook: Corn rangebound, soybeans rising, wheat erratic
Chicago wheat fluctuation 'just drives you nuts'
Reading Time: 2 minutes MarketsFarm — While soybean futures at the Chicago Board of Trade have moved higher over the past week, corn was rangebound and wheat lacked any clear direction in choppy trade, making it hard to predict where values may go from here, according to Scott Capinegro of Barrington Commodities in Barrington, Ill. Capinegro said the December […] Read more
U.S. grains: Wheat hits three-month low
Soy sets two-week low before U.S. crop report
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures hit their lowest price in more than three months on Friday, while soybean futures rose from a two-week low as traders waited for updated U.S. crop data. Trading was choppy and subdued before the U.S. issues its monthly world agricultural supply and demand estimates (WASDE) […] Read more
Black Sea grain shipments shrink amid Ukraine deal doubts, Cargill exec says
'Grey/black' fleet seen handling more Russian traffic
Reading Time: 2 minutes London | Reuters — South American grain exports are set to overshadow Black Sea shipments this year as doubts grow over a U.N.-backed Ukraine deal and international traders cut commercial activities in Russia, a top executive with major commodities group Cargill said. The Black Sea grain deal, which allows the safe passage of grains through […] Read more
A message from April Stewart, Country Guide's Associate Editor
