Archer-Daniels-Midland on Tuesday forecast current-year adjusted profit below analysts’ expectations as the uncertainty about U.S. biofuel policies and global trade upheaval that dragged on earnings last year remain a challenge for the grains merchant.
Grain trader ADM’s 2026 profit forecast lags expectations amid U.S. biofuel policy uncertainty
U.S. grains: Soybeans, wheat, corn end lower on broad commodities slump
Chicago | Reuters – Chicago Board of Trade soybeans, wheat and corn futures fell on Monday, tracking a slump in broader commodities markets, particularly falling crude oil prices. Chicago Board of Trade most-active soybeans Sv1 settled down four cents to $10.60-1/4 a bushel. Wheat Wv1 closed 10-1/4 cents lower at $5.27-3/4 a bushel, and corn […] Read more
U.S. grains: Chicago grain prices fall amid profit-taking and dollar rebound
Chicago | Reuters – Chicago corn, soybean and wheat futures fell on Friday, pressured by profit-taking and a rebound in the U.S. dollar, after the greenback reached a four-year low on Tuesday. Market participants were adjusting positions at the end of the month and after a volatile trading week that saw record-high precious metal prices […] Read more
Farm family income gains driven by off-farm earnings: StatCan
Average income for families operating a single farm in Canada grew by 0.9 per cent to $216,021 in 2023 compared to 2021. However, this was driven by higher off-farm income.
U.S. grains: Chicago wheat futures firm on recent dollar slide, winter weather
Chicago | Reuters – Chicago wheat futures firmed on Thursday as a recent plunge in the dollar continued to support commodities priced in the U.S. currency and harsh winter weather threatened crops in the Black Sea region and the United States. Corn traded near flat and soybeans ticked down slightly on expectations of a large […] Read more
Feed Grains Weekly: More consideration being given to U.S. corn
There’s beginning to be a shift within the Canadian Prairie feed market towards importing United States corn, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
U.S. grains: Chicago grains and oilseeds rise on recent dollar weakness, biofuel optimism
Chicago | Reuters – Chicago grain and soybean futures climbed on Wednesday after the dollar’s weakening to a four-year low made U.S. crops more attractive for overseas buyers. Grain markets were also monitoring the impact of a winter storm on U.S. wheat fields and agricultural supply chains, while assessing comments by U.S. President Donald Trump […] Read more
Prairie Wheat Weekly: Prices climb in most locales
Western Canadian cash prices for spring wheat and durum were mostly higher during the week ended Jan. 27, supported by gains in the United States wheat complex.
U.S. grains: Soybean futures rise as dollar hits four-year low
Chicago | Reuters – U.S. soybean futures crept higher on Tuesday and wheat finished nearly unchanged as a sliding dollar underpinned prices. Corn futures ended slightly lower. The drop in the dollar index, which sank near a four-year low, helped to steady grain prices after a pullback on Monday, making U.S. crops look cheaper overseas, […] Read more
U.S. grains: Wheat falls after hitting six-week high on U.S., Russia crop worries
Chicago | Reuters – Chicago Board of Trade wheat futures pulled back after climbing to a six-week high on Monday as worries eased about cold weather threatening U.S. and Russian crops. Corn and soybean futures also retreated from multi-week highs. Traders focused on the weather as temperatures remained frigid after a severe winter storm blasted […] Read more