Chicago Board of Trade soybean futures recovered on Wednesday after sliding earlier to a one-week low as Donald Trump's victory in the U.S. presidential election fueled concerns over prospects of another trade war with top-importer China.
U.S. grains: Soy recovers after hitting one-week low on Trump victory
CBOT weekly outlook: Trio of events loom over U.S. soybeans, corn
The trade's initial reaction to the re-election of former United States President Donald Trump was bearish for soybeans and corn on the Chicago Board of Trade on Nov. 6. Meanwhile, the U.S. Federal Reserve's interest rate announcement on Nov. 7 and the U.S. Department of Agriculture's supply and demand report on Nov. 8 are likely to have a bullish effect on those commodities, said Allendale Inc. president Steve Georgy.
U.S. grains: Soybeans, corn creep higher as traders await US election results
Chicago Board of Trade soybean and corn futures edged higher on Tuesday as traders adjusted positions and moved to the sidelines while awaiting results from the U.S. presidential election.
Canola speculative short position smallest in year
Speculators were busy covering short positions and moving more money to the long side of the canola market during the week ended Oct. 29, taking the net short position in the oilseed to its lowest level in over a year, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Significant rainfall benefits wheat in Argentina’s southern farmland
Argentina's current wheat crop benefited from significant rainfall that fell over southern parts of the country's agricultural area at the weekend, the Rosario Grains Exchange (BCR) said in a report on Monday.
U.S. grains: Corn, soy futures advance on improved US export demand
Chicago Board of Trade corn and soybean futures rose on improved U.S. export demand, analysts said, as the Department of Agriculture confirmed more sales on Monday.
Brazilian soybeans/corn turn around, but jury out on Argentina
Things have been greatly improving for Brazilian soybean and corn crops, while the jury is still out for Argentina, said Michael Cordonnier of Soybean and Corn Advisor Inc. in Hinsdale, Ill.
Trump’s tariffs would reorder trade flows, raise costs, draw retaliation
Iowa farmer Bob Hemesath is worried that U.S. agriculture will pay dearly if Donald Trump wins Tuesday's presidential election and makes good on a vow to swiftly impose a 60 per cent tariff on Chinese goods and at least a 10 per cent levy on all other imports.
U.S. grains: Corn ticks up on export demand, easing harvest pressure
Chicago | Reuters — Chicago corn futures ticked up on Friday as export demand for U.S. crops swelled and harvest pressure eased, analysts said. Soybean futures turned lower in choppy trading after rising earlier on U.S. export sales. Wheat futures also eased as rains over dry regions of the U.S. weighed on prices, though drought […] Read more
U.S. grains: Wheat futures lose ground as rainfall eases dryness
Chicago wheat futures turned lower on Thursday as rains hit drought-stricken areas of the U.S. Plains, traders said.
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