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CBOT November 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans up with exports, corn up slightly on dry weather

Big expected Russian, Canadian crops weaken wheat

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures rose on Monday as a spate of new-crop soybean export sales eased concerns about forecasts of huge harvests across the U.S. Midwest. Corn futures were buoyed by dryness in top corn-producing states, as weekend rainfall missed drought-stricken parts of western Iowa. Meanwhile, wheat futures slipped on estimates for […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Bearish supply outlooks spark selling in corn, soy, wheat

Wheat outlooks in Canada, Russia, Australia bearish

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell for the fourth day in a row to their lowest since June 30 as expectations kept building that growing supplies will outstrip demand even as top buyer China steps up its purchases, traders said. A bearish supply outlook also pressured wheat futures, which dropped to a one-month […] Read more
Packages of unidentified seeds which appear to have been mailed from China to U.S. postal addresses are seen at the Washington State Department of Agriculture in Olympia, Washington July 24, 2020. Photo: Washington State Department of Agriculture/Handout via Reuters
Reuters

U.S. warns against planting unsolicited seeds from China

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Reading Time: 2 minutes Chicago | Reuters – The U.S. Department of Agriculture on Monday warned residents against planting unsolicited packages of seeds arriving from China because they could harm the environment. At least eight states, from Washington to Ohio, have also told residents in recent days not to put the seeds in the ground, after they arrived apparently […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: China tensions cap soybeans’ gains

Corn prices up slightly on trade optimism; wheat falls back slightly

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed on Thursday, boosted by demand from China, although escalating tensions between Beijing and Washington capped gains. Corn edged higher as optimism over possible continued buying from China offset strong crop conditions. Wheat scaled back on technical selling. The most-active soybean contract on the Chicago Board Of Trade […] Read more
(Xinzheng/Getty Images)
Crops, Markets, Soybeans

CBOT weekly outlook: The good and bad between the U.S., China

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Reading Time: 2 minutes MarketsFarm — The current relationship between the United States and China has continued to be rather chaotic, according to Steve Georgy, president of Allendale Inc. at Fort McHenry, Ill. Despite the two countries’ diplomatic row, China has sharply picked up its purchases of U.S. soybeans. Georgy pointed to the 715,000 tonnes purchased by China on […] Read more
CBOT August 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans trim back on improved crop conditions

Wheat gains on weaker U.S. currency

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures fell on Tuesday, despite renewed exports to China, after the U.S. Agriculture Department issued better-than-expected weekly crop ratings. Corn also eased on better-than-expected crop conditions and favourable U.S. weather as traders eyed record yield potential this fall. The Chicago Board of Trade’s most active soybean contract fell 6-1/2 […] Read more
CBOT September 2020 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn weakens on rain across Midwest

Soybeans gain for fifth session, wheat futures tumble

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Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures dropped on Monday, as rainfall strengthened crop conditions during a crucial stage in development. Soybean futures gained for a fifth consecutive session on renewed Chinese demand and support from the soybean oil market. Wheat, meanwhile, sank as harvest across the U.S. Great Plains continued and a strengthening dollar […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy up after crop ratings dip

Corn sags despite sale to China

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures edged higher on Tuesday after weekly crop condition ratings declined, but improving weather in the Midwest crop belt kept a lid on rallies by backing expectations for large harvests, traders said. Corn closed lower, shrugging off news of a massive Chinese purchase of U.S. corn. Wheat firmed, buoyed […] Read more
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy down as weather favours yield prospects

Trade monitoring Northern Hemisphere wheat crops

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell more than two per cent on Monday, nearing a two-week low as Midwest weather forecasts turned milder for the crop’s key growth phase this month, raising the potential for a large harvest, analysts said. The rosy weather outlook also pushed soybean futures lower, and wheat followed the […] Read more
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans drop on favourable weather

Chicago wheat jumps

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures prices fell on Friday on expectations for beneficial rains in crop-growing areas and as President Donald Trump said the country’s relationship with trading partner China was severely damaged. A monthly U.S. Department of Agriculture (USDA) report pegged America’s harvests below analysts’ expectations, although the estimates were […] Read more

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