U.S. soybean and corn futures closed lower on Thursday after touching six-week lows, with both markets facing pressure from hefty South American supplies, traders said.
U.S. grains: Soybeans fall on South American supply, dry weather supports wheat
Rail strike looms as CN, CPKC workers take action to a vote
Any labour disruption could be weeks away, but the grain sector is still wary
Members of the Teamsters Canada Rail Conference (TCRC) are in the middle of a strike vote. The vote comes after three collective agreements, covering CN and CPKC engineers and conductors as well as rail traffic controllers at CPCK, expired December 31.
U.S. grains: Soybeans edge higher as Brazilian market firms
U.S. soybean futures rose on Wednesday, bouncing on a round of bargain buying after the most-active July contract SN24 hit a six-week low, buoyed in part by firming Brazilian soy markets, analysts said.
Pulse Weekly: More dry beans for Manitoba
Planted dry bean acres in Manitoba are expected to increase for 2024/25. While Statistics Canada projected the Keystone Province to see 201,000 acres, a specialist with Manitoba Agriculture said those acres are likely to be a little bit below the StatCan estimate.
U.S. grains: Soybeans ease under pressure from firm dollar
Chicago Board of Trade soybean futures extended their fall on Tuesday as a strong dollar weighed down the market, analysts said.
U.S. grains: Markets react calmly to Iran drone attack on Israel
Grain, soy futures end lower; USDA winter wheat ratings decline
CBOT soy, corn and wheat futures closed lower on Monday, anchored by ample grain supplies, slow export demand and a decline in crude oil futures after concerns eased about Iran's weekend drone attack on Israel, analysts said.
U.S. grains: Soybean futures rally, defying bearish USDA report
Chicago Board of Trade grain and soybean futures rallied on Friday on money flow from managed funds, rising demand and weather concerns, analysts said.
U.S. grains: Corn futures drop despite lower US supply numbers
Chicago corn futures dipped on Thursday after the U.S. Department of Agriculture projected domestic ending stocks will remain at a five-year high, despite a reduction from last month.
USDA holds steady on Brazilian production estimates
Soybean and corn production in Brazil remains uncertain after a pair of conflicting reports released April 11.
Attention in CBOT soybeans/corn turning to spring weather
North American weather conditions should become a major influence on the activity in the grain and oilseed markets in the upcoming weeks as farmers turn their attention to spring seeding.
Cyber-Savvy Farmer
