Chicago | Reuters — Chicago soybean futures fell to a four-month low on Thursday ahead of U.S. Department of Agriculture data due on Friday that was expected to show bigger U.S. stockpiles and higher Brazilian soy output. Wheat futures also eased after weekly U.S. wheat export sales came in below analyst expectations, while corn futures […] Read more
U.S. grains: Soybeans down ahead of USDA crop data
CBOT weekly outlook: Markets await USDA reports
CNS Canada — Updated production, stocks and acreage numbers due out from the U.S. Department of Agriculture on Friday should provide some nearby direction for U.S. grain and oilseed markets. “I can’t really get too bullish on the bean market with the large USDA estimates hanging over our heads,” said Terry Reilly of Futures International […] Read more
U.S. grains: Soybeans fall on U.S. inventories
Chicago | Reuters — U.S. soybean futures slid to a four-month low on Wednesday, declining for the third straight session on expectations of higher U.S. stocks due to slower exports and a forecast of increased production in Brazil. Wheat futures were slightly higher and corn flat as investors squared positions ahead of the U.S. Department […] Read more
U.S. grains: Corn, soy, wheat ease ahead of USDA reports
Chicago | Reuters –– U.S. corn futures fell to a roughly three-week low on Monday while wheat declined to the lowest in one week as grain prices were pressured by position squaring ahead of government crop reports due on Friday. Analysts expect the U.S. Department of Agriculture to show abundant global grain and soy supplies […] Read more
Brazil’s 2017/18 soybean crop seen second-biggest in history
Sao Paulo | Reuters – Benefited by good weather, Brazil’s 2017/18 soybean crop, which farmers are now beginning to harvest, is expected to surpass 110 million tonnes, the second-largest in history, according to the average of 11 forecasts in a Reuters poll on Friday. Farmers here are likely to collect 110.19 million tonnes of the […] Read more
Brazil expects to be declared free of foot-and-mouth with vaccination
Brazil | Reuters – Brazil expects the World Organisation for Animal Health (OIE) to declare the country free from foot-and-mouth disease with vaccinations at a meeting in May, according to a government statement on Friday. The declaration will bolster the country’s prospects to export meat to new markets, the statement said. The OIE already considers […] Read more
U.S. grains: Soybeans sag as South American crop prospects improve
Chicago | Reuters — Chicago Board of Trade soybean futures fell to a three-week low on Tuesday on improving weather in Argentina and rising estimates of Brazil’s soybean crop, while corn and wheat futures hit life-of-contract lows. CBOT January soybeans settled down 6-3/4 cents at $9.75-3/4 a bushel after dipping to $9.75, the contract’s lowest […] Read more
U.S. grains: StatsCan data help drag wheat to contract lows
Chicago | Reuters — Chicago Board of Trade wheat futures slid to contract lows on Thursday, their fourth straight day of declines, on continued pressure from a Canadian report that showed harvest in that country was bigger than expected. The decline in wheat weighed on corn prices. Soybeans also fell, pressured by a round of […] Read more
Brazil: Farming on a larger scale
It’s hard to distill great experiences. And, arguably, I don’t want to. I want you, the reader, along for every second of what made my trip to Brazil amazing. At the planning phase, there were so many disparate parts. I felt it the trip going to fall through — part of it seemed too good[...]
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Brazil pushes back decision on Bayer-Monsanto tie-up
Sao Paulo | Reuters — Brazilian antitrust agency Cade on Wednesday extended its deadline to review Bayer’s proposed takeover of Monsanto by 90 days to late March, potentially spoiling plans to wrap up the US$66 billion tie-up by the end of the year. A spokesman said Cade had approved the extension at a session on[...]
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