Chicago | Reuters — U.S. nearby soybean futures closed below $9 a bushel on Friday for the first time since September, pressured by improving crop weather in South America and fears that an initial U.S.-China trade deal could be pushed back to next year, analysts said. Wheat futures ended higher, while corn settled narrowly mixed. […] Read more
U.S. grains: Soy falls below US$9 on South America weather, trade doubts
U.S. grains: Soybeans slide, nearing support at US$9
Chicago | Reuters — U.S. soybean futures fell to their lowest in almost two months on Thursday as uncertainty about progress in U.S.-China trade talks overshadowed support from stronger-than-expected weekly U.S. export sales, analysts said. Wheat futures also declined, backing down from a two-week high, but corn futures rose on signs of improving export and […] Read more
U.S. grains: Soy, corn fall as hopes fade for China trade deal this year
Chicago | Reuters — U.S. corn futures fell to a two-month low and soybean futures hit a seven-week low on Wednesday on fading expectations for a U.S.-China trade deal before the end of the year, analysts said. Chicago Board of Trade wheat futures closed modestly higher on technical buying and concerns about this week’s decline […] Read more
U.S. grains: Wheat futures climb on short-covering
Chicago | Reuters — U.S. wheat futures hit their highest in nearly a week on Tuesday as declining U.S. wheat condition ratings and worries about Southern Hemisphere crop prospects fueled a round of short-covering, analysts said. Corn firmed on signs of improving export prospects and soybean futures closed modestly higher. Chicago Board of Trade December […] Read more
U.S. grains: Corn, soy slide on South American weather, trade worries
Chicago | Reuters — U.S. corn futures hit a two-month low on Monday and soybean futures touched their lowest in seven weeks on forecasts for improving crop weather in South America and uncertainty about prospects for a U.S.-China trade deal, analysts said. Wheat futures rose as worries about tightening global supplies sparked a round of […] Read more
Prairie cash wheat: Bids steady to lower
MarketsFarm — Wheat bids in Western Canada were lower for the week ended Thursday. Canada Western Red Spring (CWRS) wheat had larger declines, while Canada Prairie Spring Red (CPSR) and durum (CWAD) were steady to lower. The Canadian dollar dropped almost a half cent during the week. Average CWRS (13.5 per cent protein) wheat prices […] Read more
U.S. grains: Soybeans up on increased optimism for trade deal
Chicago | Reuters — U.S. soybean futures crawled higher on Friday on increased optimism that the U.S. and China may soon strike a deal to ease their trade war. Sentiments improved about the prospects for an agreement after White House economic adviser Larry Kudlow said on Thursday evening that the two sides were “getting close” […] Read more
U.S. grains: Soybeans set one-month low on trade doubts
Chicago | Reuters — U.S. soybean futures dropped to a one-month low on Thursday as doubts over the chances for the U.S. and China to reach a trade deal soon hung over the market. Corn futures inched up, while wheat slumped. Price movements were limited by uncertainty over progress in talks between Washington and Beijing […] Read more
CBOT weekly outlook: Trade uncertainty weighs
MarketsFarm — Lack of demand for corn exports has continued to drag prices on the Chicago Board of Trade (CBOT) and the U.S. dollar has been stronger recently, making exports even less attractive, according to Terry Reilly, a grains analyst with Futures International. In contrast, consistent soybean sales since Monday have provided some support to […] Read more
U.S. grains: Soybeans sag on diminishing hopes for China deal
Chicago | Reuters — U.S. soybean futures slipped on Wednesday on diminishing hopes for a deal to ease the trade war with China that has slowed exports of U.S. agricultural products. The market turned lower after a report that trade negotiations “hit a snag” over farm purchases. U.S. President Donald Trump on Tuesday dangled the […] Read more