Buenos Aires | Reuters — Argentine grain-truck drivers, industry groups and government officials failed to make a breakthrough in talks on Wednesday to end a strike, raising a threat to corn and soy exports during the key harvest season. Truckers who haul grains have been on strike since Monday, which has brought to a near […] Read more
Argentina trucker strike talks fail, threatening grain exports
Argentine grain truckers strike, threatening exports amid harvest
Buenos Aires | Reuters — Truckers in Argentina began an open-ended strike on Monday to demand higher rates for transporting grain and livestock, an action that could hit grain exports during a key part of the harvest. Argentina, the world’s leading exporter of soy derivatives and second-largest corn exporter, recently started harvesting both grains, which […] Read more
CBOT weekly outlook: Corn, wheat undergo major corrections
MarketsFarm — Russia’s invasion of Ukraine has done little to stabilize corn and wheat markets on the Chicago Board of Trade (CBOT) for the week ended Wednesday. After high price spikes during the previous week, peace talks between the two nations and very few signs pointing toward escalation or resolution have brought on a recent […] Read more
U.S. grains: Corn eases on Ukraine ceasefire talks
Argentina restricts soymeal, soyoil exports
Chicago | Reuters — Chicago corn fell on Monday, pressured by uncertainty in the Black Sea region as talks of a ceasefire in Ukraine could open up the region to exports, though progress remains uncertain. Wheat eased early in the session, but returned to near even on news that Russia is suspending exports to protect […] Read more
U.S. grains: Wheat, corn up; soy down
'Panic... seems to have subsided a bit'
Chicago | Reuters — U.S. wheat futures rose on Friday after posting sharp declines in the previous two sessions as traders assessed the latest developments in Russia’s invasion of Ukraine that has disrupted grain shipments. Trading in wheat remained volatile as market participants wrestled with the possible extent of disruption of wheat from Ukraine and […] Read more
CBOT weekly outlook: USDA report influences steep drop in wheat
MarketsFarm — Of the changes to 2021-22 ending stocks in the latest supply and demand estimates from the U.S. Department of Agriculture (USDA) on Wednesday, the global carryover for wheat was perhaps the most significant, according to Steve Georgy of Allendale Inc. in McHenry, Ill. In its March world agricultural supply and demand estimates (WASDE), […] Read more
U.S. grains: Wheat, soybeans touch nine-year peaks
Concerns about disrupted Black Sea region exports lift markets
Chicago | Reuters — U.S. wheat futures climbed to a more than nine-year peak on Wednesday and corn notched a fresh eight-month high as escalating Russia-Ukraine tensions threatened to disrupt supplies from the key Black Sea grain-exporting region. Soybean futures rallied to a 9-1/2 year peak as the conflict also put Black Sea sunflower oil […] Read more
U.S. grains: Soy, corn futures extend winning streak
CBOT wheat ends mixed
Chicago | Reuters — Chicago Board of Trade soybean and corn futures rose for the third day in a row on Friday on concerns about harvests in Brazil and Argentina limiting production. Wheat futures were mixed, with concerns about potential Russian aggression against Ukraine disrupting the shipment of wheat from the key export region sending […] Read more
U.S. grains: Soy, corn rise as traders watch weather
Chicago wheat futures flat
Chicago | Reuters — U.S. soybean futures rallied on Wednesday, rising 2.3 per cent to halt a two-day fall with the market underpinned by concerns that forecast rain may be insufficient to avert further drought damage to crops in Argentina and southern Brazil. “It is the size of the crop in South America that will […] Read more
U.S. grains: Soy, corn end lower in volatile sell-off
Wheat down off early strength
Chicago | Reuters — U.S. soybean and corn futures closed lower on Thursday after a wild session, retreating after a run-up to multi-month highs as a wave of profit-taking and farmer selling overshadowed support from shrinking estimates of South American crops due to drought, analysts said. Chicago Board of Trade March soybeans settled down 20-1/2 […] Read more
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