Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures closed higher on Tuesday as traders anticipated potential Chinese purchases of U.S. agricultural products, and shrugged off a bearish monthly global soy inventories report from the U.S. Department of Agriculture. Corn firmed, led by soybeans, but wheat futures fell after USDA raised its forecasts of U.S. and global […] Read more
U.S. grains: Soy climbs on hopes for China buying
U.S. grains: Soybeans edge upward, still await promised Chinese buying
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures edged higher on Tuesday on hopes that a U.S.-China trade war truce over the weekend would result in fresh Chinese demand for U.S. soybeans, although no deals have been confirmed. Corn also firmed slightly, following soybeans, while wheat ended mixed on light demand. At Saturday’s G-20 meeting in […] Read more
U.S. grains: Wheat, soy, corn climb
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose about 1.5 per cent Friday on firming cash markets, analysts said, while soybeans and corn firmed ahead of hotly anticipated U.S.-China trade talks at this week’s G20 summit in Argentina. The G20 meeting is to include head-to-head discussions between U.S. President Donald Trump and Chinese counterpart Xi […] Read more
U.S., Canada, Mexico sign trade deal after last-minute brinkmanship
Reading Time: 2 minutes Buenos Aires | Reuters — The leaders of Mexico, Canada and the United States signed a North American trade pact on Friday after brinkmanship over the final details of the deal continued through the eve of the signing. They agreed on a deal in principle to govern the more than trillion dollars of mutual trade […] Read more
U.S. grains: Soybeans pause after two-day rise
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures eased on Thursday as traders booked profits after prices hit a near two-week high in the previous session, ahead of trade talks between Washington and Beijing at the G20 meeting. Wheat futures declined on lacklustre U.S. export sales while corn ended nearly unchanged. Chicago Board of Trade January […] Read more
CBOT weekly outlook: Volatile markets await G20 meeting
Reading Time: 2 minutes CNS Canada — Chicago soybean and corn markets are expected to remain volatile over the next few days, ahead of the G20 summit in Argentina, said one commodities expert. That volatility is fueled by a much-talked-about meeting between U.S. President Donald Trump and Chinese President Xi Jinping scheduled for Saturday. “What is going to be […] Read more
Dairy issue nags as U.S., Canada prepare to sign trade pact
Reading Time: 2 minutes New York/Ottawa | Reuters — Dairy remains a sticking point between the United States and Canada as the countries prepare to sign a new North American trade pact this week, according to four sources familiar with the matter. U.S. objections to Canada’s protected internal market for dairy products was a major challenge facing negotiators during […] Read more
U.S. grains: Soy futures up on hopes of progress in U.S.-China dispute
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures turned higher on Wednesday on optimism that Washington and Beijing will make progress at the upcoming G20 leaders summit toward resolving the trade dispute that has disrupted U.S. exports of the oilseed. Wheat futures slipped, while corn futures ended nearly unchanged after touching their lowest price since Oct. […] Read more
U.S. grains: Soy drops as trade concerns rise
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell 2.1 per cent on Monday, hitting their lowest since Nov. 8, as a lack of consensus at a meeting of Asia-Pacific leaders cooled hopes of Washington and Beijing resolving a trade dispute that has disrupted U.S. soybean exports to China. Wheat prices also fell sharply, shedding 1.7 […] Read more
U.S. grains: Soybeans up after Trump comments on China, trade
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures ended higher on Friday after rebounding on President Donald Trump’s comments that his administration may not have to impose further tariffs on China, the world’s biggest soybean buyer. Wheat added to early advances and corn pared losses after the comments. Trump has imposed tariffs on $250 billion of […] Read more
A message from April Stewart, Country Guide's Associate Editor
