A hot, dry austral summer is beginning to cause damage to Argentina's 2024/25 soybean and corn crops, the country's two main grains exchanges said on Friday, after abundant spring rains had until recently provided excellent growing conditions.

Hot Argentine summer is starting to damage crops, exchanges say

US biofuel producers ramped up in Oct as profitability improved, data shows
U.S. renewable diesel producers utilized 77 per cent of their total operable capacity in October, the highest since July 2024, the data showed. Biodiesel plant utilization rose to 89 per cent, the highest since June 2023.

StoneX raises forecast for Brazil’s 2024-2025 soybean crop
Brazil's 2024-2025 soybean crop is expected to reach 171.4 million metric tons, consultancy firm StoneX said on Thursday, increasing its forecast from the 166.2 million tons it had estimated in December.

U.S. grains: Chicago soy, grain futures settle up, but fall for the year
Chicago soybean, corn and wheat futures rallied on Tuesday on short-covering and concerns over weather conditions in South America and Russia, market analysts said.

China approves more GM crops to boost yields, ensure food security
China has approved five gene-edited crop varieties and 12 types of genetically modified (GM) soybean, corn and cotton, expanding approvals to boost high-yield crops, reduce import reliance, and ensure food security.

U.S. grains: Corn falls on profit-taking after reaching 6-month high
Chicago Board of Trade corn futures turned lower on profit-taking after the benchmark contract Cv1 hit a six-month high in choppy trade ahead of the year's end, market analysts said.

U.S. grains: US corn futures climb to 6-month top, wheat firms, soy sags
U.S. corn futures hit a six-month high on Friday on stronger-than-expected weekly export sales data and supportive chart signals, analysts said.

U.S. grains: Soy futures extend recovery from four-year low hit last week
Chicago Board of Trade soybean futures finished higher on short covering on Tuesday as the market extended a rebound from a four-year low reached last week.

Russian watchdog says winter wheat access to Chinese market a priority in 2025
Securing access for Russia's winter wheat and barley to the Chinese market remains a priority for the coming year, Russia's agricultural watchdog said on Tuesday, even though the market expects Russia's grain harvest and exports to fall.

U.S. grains: Soybeans ease, grains rise, on choppy day of trading
Chicago Board of Trade soybean futures turned lower on a choppy, lower-volume session on Monday, as weakness in the energy market and mild weather forecasts for Brazil's oilseed crop weighed on prices, market analysts said.