Reading Time: < 1 minute Kyiv | Reuters — Russian kamikaze drones hit tanks with sunflower oil at one of the terminals in the Ukrainian port city of Mykolaiv late on Sunday, the city mayor said on Monday. One of Ukraine’s largest ports, Mykolaiv halted shipments at the start of the Russian invasion, but Ukraine is pushing to open the […] Read more
Russian drones hit sunflower oil terminal, Mykolaiv mayor says
U.S. grains: Wheat, soybean futures end firm
Chicago December corn weakens
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures ended slightly higher on Monday but closed well off their session peaks as traders monitored developments in efforts to keep a Black Sea shipping lane open for Ukraine grain exports. Corn futures sank on seasonal harvest pressure while soybeans firmed on bullish export data, traders said. Wheat surged […] Read more
U.S. grains: Wheat rallies as Russia threatens to quit Black Sea deal
Corn, soybeans pare losses as wheat gains
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rebounded on Thursday from two days of declines on concerns that a Black Sea export corridor deal may not be renewed next month, which could again disrupt grain shipments from Ukraine. Corn and soybeans pared earlier losses on spillover support from wheat and follow-through buying after the U.S. […] Read more
CBOT weekly outlook: October USDA report delivers few major changes
Soy could see 'a few more days' higher
Reading Time: 2 minutes MarketsFarm — For the most part, the latest monthly supply and demand report from the U.S. Department of Agriculture provided little in terms of major changes from its September report. USDA issued its October world agriculture supply and demand estimates (WASDE) during the late morning Wednesday, with much of the data fairly close to market […] Read more
U.S. grains: USDA cuts soy, corn crop outlooks, trims demand
Large Russian wheat supplies temper war worries
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures jumped to a two-week high on Wednesday after the U.S. Department of Agriculture (USDA) unexpectedly cut its U.S. harvest forecast and raised imports by top soy buyer China in a monthly report. Soybean price gains were held in check, however, by expectations for large South American crops that […] Read more
U.S. grains: Wheat, corn slip ahead of key crop forecasts
Corn, soy consolidate as U.S. crop data watched
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures fell back on Tuesday, after jumping to a three-month high a day earlier, as signs of escalation in the war between Russia and Ukraine continued to raise concerns about the viability of Black Sea grain trade in the coming months. Corn futures slipped, and soybeans firmed, as investors […] Read more
Russia says annual grain harvest to grow thanks to ‘new territories’
Reading Time: < 1 minute London | Reuters — Russia’s grain harvest is set to grow by about five million tonnes a year thanks to its incorporation of four Ukrainian territories, Agriculture Minister Dmitry Patrushev said Tuesday. “Considering the arable land that exists there, I think at least five million tonnes of grain will be added to the Russian savings […] Read more
U.S. grains: Soybeans firm on exports, mixed harvest results
CBOT wheat eases after earlier gains; Russia's annexation plans in focus
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures inched higher on Thursday, supported by strong export sales after lower trade much of the week as harvest progresses across the U.S. Midwest, though some farmers report lower-than-anticipated yields, analysts said. Corn and wheat eased ahead of Friday’s U.S. Department of Agriculture (USDA) quarterly U.S. grain stocks and […] Read more
CBOT weekly outlook: ‘Lots of moving parts’ in grain markets
Reading Time: 2 minutes MarketsFarm — As the U.S. dollar strengthened to levels unseen in 20 years over the past week, the prices for many commodities took a tumble, including Chicago Board of Trade (CBOT) corn, wheat and soybeans. However, other factors are in play when it comes to prices, according to one trader. “You’re coming into harvest here. […] Read more
U.S. grains: Wheat rises on short-covering, Ukraine worries
Soy turns lower; corn ends up but down off day's high
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose 1.6 per cent on Tuesday as worries about escalating conflict in Ukraine and a pause in the U.S. dollar’s run-up to 20-year highs spurred a round of short-covering, traders said. Corn futures also firmed but pared gains by the close, and soybean futures turned lower on technical […] Read more
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