U.S. soybean futures fell on Monday on favourable crop weather in South America, forecasts for a record-smashing Brazilian harvest and continued concerns about the incoming Trump administration's hawkish approach to trade with top soy importer China.
U.S. grains: Soy down on record Brazil crop outlook
Australia’s canola improves but still lower than 2023/24
Bumps up wheat estimate, trims barley outlook
Of Australia's three largest winter crops for 2024/25, canola production was projected to be down from the previous year. Meanwhile, estimates for wheat and barley output were forecast to be higher than a year ago.
Poland to build new grain terminal in Gdansk to bolster food security
Poland plans to build a new grain terminal at the Port of Gdansk by 2026, which will enable the country to respond to crisis situations, Prime Minister Donald Tusk said on Monday.
Trump discussed border, trade with Trudeau after pledging steep tariffs
U.S. President-elect Donald Trump said on Saturday he discussed the border, trade and energy in a “very productive” meeting with Canadian Prime Minister Justin Trudeau amid fears of a trade war.
Ukraine introduces minimum export prices for major agricultural goods
Kyiv | Reuters – Ukraine has introduced a new system for exporting key agrarian goods, including grains, which implies a ban on shipping consignments of goods at prices below those set by the agriculture ministry. Ukraine is a major grain and oilseeds grower and exporter and the new system became operational on Dec. 1. The government […] Read more
Agriculture sectors look for footing after Trump tariff threat
A threatened 25 per cent U.S. tariff against Canadian goods has raised questions about next year’s agriculture trade for export-reliant sectors
Speculation about U.S. tariffs hit a new gear for Canadian agriculture sectors in the last week of November. U.S. President-elect Donald Trump had already threatened a 10 per cent tariff on products coming into the U.S. while on the campaign trail. That fostered wariness from many farm groups whose industries are heavily reliant on exports […] Read more
U.S. grains: Soybeans tick up on export demand
Corn higher on technical buying, position adjusting
Chicago Board of Trade soybean futures ended slightly higher on Friday on technical trading and a flurry of export demand, market analysts said. Investors adjusted positions after Thursday's Thanksgiving Day holiday.
U.S. livestock: Feeder cattle hit highest levels since July
Supply concerns and follow-through buying pushed Chicago Mercantile Exchange feeder cattle futures to their highest level since July on Friday after Washington said it may continue blocking imports of Mexican cattle until next year.
Prairie Wheat Weekly: Spring wheat down, durum mixed
Spring wheat prices in Western Canada were in decline while durum prices were on both sides of unchanged during the week ended Nov. 28, 2024.
Putin approves sale of Louis Dreyfus elevator unit in Russia to unnamed buyer
Russian President Vladimir Putin has approved the acquisition of 100 per cent of the shares in a elevator company owned by trading and food processing firm Louis Dreyfus Company (LDC) to an unnamed buyer, a government document showed.
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