Reading Time: 2 minutes Soybean futures eased on Monday on forecasts for rain in dry areas of top exporter Brazil and Argentina and on rising United States supplies as clear Midwest weather boosted harvesting.
U.S. Grains: Soybeans ease on South American rain outlook; grain higher
Eastern Canadian oilseeds to receive funding
Reading Time: < 1 minute Minister of Agriculture and Agri-Food Lawrence MacAulay has announced funding up to C$4.3 million over five years to the Eastern Canada Oilseed Development Alliance (ECODA).
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.
U.S. grains: Grains, soybeans ease after rallies on weather and Middle East instability
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat and corn futures dipped on Thursday on technical trading after surging to June highs this week. Wheat had climbed to a 3-1/2-month peak as traders monitored drought in the important Black Sea region and signs of possible Russian export caps. Corn exceeded a three-month peak on Wednesday, underpinned by […] Read more
CBOT Weekly: USDA report, short-covering raising prices
Reading Time: 2 minutes The USDA Quarterly Grain Stocks report as of Sept. 1 caused prices at the Chicago Board of Trade (CBOT) to rise during the week ended Oct. 2, 2024.
ICE canola weekly outlook: Running into resistance
Reading Time: < 1 minute The ICE Futures canola market was still trending higher in the first trading days of October but showing signs of running into resistance.
U.S. grains: Soy futures soar on US weather woes
Reading Time: 2 minutes U.S. soybean futures hit their highest in two months on Friday as soymeal futures surged by five per cent on worries about damage to crops and infrastructure in the Gulf Coast region following the landfall of Hurricane Helene as well as short-covering ahead of key crop reports due Monday.
U.S. grains: CBOT soybeans, wheat see volatile trade as drought risks weigh
Reading Time: 2 minutes Chicago soybeans touched a new two-month peak before ending lower on Tuesday, amid questions over export demand and late-season drought impacts on U.S. crop yields, traders said.
Rising CBOT soybeans facing resistance
Reading Time: < 1 minute Optimism over increased Chinese demand along with weather concerns in Brazil gave the Chicago soybean market a boost and triggered some fund short covering over the past week, but the futures will likely face stiff resistance to the upside going forward.
Canola net short position grows
Reading Time: < 1 minute The net fund short position in canola grew in mid-September, as speculative selling took the futures to contract lows, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
A message from April Stewart, Country Guide's Associate Editor
