Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybeans were steady to higher on Friday as investors looked past revised U.S. Department of Agriculture (USDA) supply-and-demand projections and focused on improved prospects for exports to China, which is due to sign an interim trade deal with the United States next week. The USDA data, released during […] Read more
U.S. grains: Corn, soy shrug off benign USDA data
U.S. grains: Prices narrowly mixed as traders assess Mideast risk
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean and grain futures were narrowly mixed on Wednesday as traders’ jitters eased after Iran and the United States signalled a de-escalation of tensions after an Iranian missile attack against U.S. forces in Iraq. Investors also continued to square positions ahead of a key U.S. Department of Agriculture (USDA) crop […] Read more
U.S. grains: Soybeans slide as rain boosts South American crops
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures ended mostly lower on Tuesday on crop-boosting rains in South America and as investors squared positions ahead of a key U.S. Department of Agriculture (USDA) crop report due on Friday, although short-covering trimmed losses late in the session. Corn and wheat futures were mostly flat as late-session short […] Read more
Feed weekly outlook: Steady now but supplies will weigh
Reading Time: < 1 minute MarketsFarm — Recent strength in U.S. wheat futures may be lending some spillover support to Canadian feed grain bids, but large supplies and a lack of aggressive demand kept the market steady heading into the New Year. The rise in wheat futures “has made the farmer a more reluctant seller,” said Allen Pirness of MarketPlace […] Read more
U.S. grains: Futures weaken as Iraq strike rattles markets
Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures crumbled on Friday as traders booked profits after being spooked by a U.S. air strike in Iraq that escalated geopolitical tensions in the Middle East. The strike that killed Iran’s most prominent military commander put markets on edge and opened the door for a setback a […] Read more
U.S. grains: Wheat, soy hit 2018 highs
Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures hit 2018 highs to start the new year as traders continued to expect increased Chinese demand once Washington and Beijing ink an initial trade deal. The gains on Thursday extended annual advances from 2019, a year marked by farmer stress over the U.S.-China trade war and […] Read more
U.S. grains: Futures notch yearly rises on China demand hopes
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat, corn and soybean futures posted annual gains in 2019 after an initial U.S.-China trade deal that could boost agricultural exports helped prices rally toward the end of the year. The crop futures finished little changed on Tuesday as markets wound down during the last session of the year and […] Read more
U.S. grains: Soybeans set highest price since June 2018
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures on Monday rose to their highest price since June 2018 on expectations that Washington and Beijing will soon sign an initial trade deal that will increase American agricultural exports. China agreed to import more U.S. farm goods under the Phase 1 deal struck this month, providing support for […] Read more
CBOT weekly outlook: Trade bullish into New Year
Reading Time: < 1 minute MarketsFarm — Agriculture commodities on the Chicago Board of Trade were mixed on Friday, the last day of the January contract and one of the last trading days of 2019. Traders were “shoring up positions ahead of the weekend,” with profit-taking a feature, said Terry Reilly of Futures International in Chicago. Soybeans were lower after […] Read more
U.S. grains: Wheat, soy touch highest prices since summer 2018
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat and soybean futures on Friday touched their highest prices since summer 2018 on expectations for increased Chinese buying as a result of an initial trade deal. Soybeans closed lower in a retreat from the gains. The markets continued to focus on prospects for more U.S. sales to China after […] Read more
A message from April Stewart, Country Guide's Associate Editor
