Chicago Archives | Alberta Farmer Express

Coronavirus threatens Chicago’s last remaining trading pits

Grain options pits remain closed, for now

By Tom Polansek, GFM Network News June 12, 2020

Chicago | Reuters — Chicago brokers and traders worry COVID-19 will kill more of the city’s once famous shout-and-gesture trading pits. CME Group, which owns the Chicago Board of Trade, said this week that most of the pits it closed in March because of the pandemic will remain shuttered indefinitely. The news disappointed some brokers […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Harvest activity drops commodities

By Marlo Glass – MarketsFarm October 23, 2019

MarketsFarm — Commodities on the Chicago Board of Trade were mostly lower Wednesday amid a slower news week and harvest activity putting pressure on prices. “We’ve had a quieter week,” said Steve Georgy of Allendale Inc. at McHenry, Ill. “The market starts to fall of its own weight as we’re in harvest season.” Harvest activity, […] Read more

The AltEn ethanol plant at Mead, Neb. on March 21, 2019. (Photo: Reuters/Humeyra Pamuk)

Corn, Crops, Markets, Reuters, Weather

Midwest floods hammer U.S. ethanol industry

By Jarrett Renshaw, Stephanie Kelly April 8, 2019

New York | Reuters — The March floods that punished the U.S. Midwest have roiled the ethanol industry, hammering prices and trapping barrels in the country’s interior while the U.S. coasts suffer from shortages of the biofuel. The historic March floods have dealt a series of blows to large swaths of an ethanol industry that […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soybeans wait on China news

By Phil Franz-Warkentin - MarketsFarm January 2, 2019

CNS Canada — Soybean futures at the Chicago Board of Trade started 2019 on a firm note, bouncing higher on rumours of fresh Chinese buying interest. However, with the U.S. government still in partial shutdown mode, confirmation of that business was lacking and additional advances remain questionable. “We’re basically buying the rumour at this point,” […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Corn, Crops, Markets, Soybeans

Corn, soybeans may have seen low point for now

By Dave Sims July 10, 2018

CNS Canada — Agricultural markets throughout North America continue to weather a storm of tariffs and uncertain political interventions — and from where one trader sits, prices for corn and soybeans may have seen their low points. “We have gotten back down to recent lows in corn while beans have gotten cheap again,” said Brian […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat up as crop ratings, Russia news spur short-covering

By Julie Ingwersen November 21, 2017

Chicago | Reuters — Chicago wheat futures rose on Tuesday as a decline in U.S. crop ratings and news of radioactive pollution in the Ural mountains triggered a round of short-covering and concern about wheat exports from Russia, the world’s top supplier. Corn and soybean futures closed little changed after a choppy session. Chicago Board […] Read more

Crops, Markets, Reuters

U.S. grains: Corn near one-year high, spring wheat soars

By Julie Ingwersen June 8, 2017

Chicago | Reuters — U.S. spot corn futures hit their highest level in nearly a year before paring gains on Thursday and Minneapolis spring wheat neared a two-year top on worries about hot and dry weather stressing crops in the northern Plains and Midwest, analysts said. Soybean futures also firmed. Chicago Board of Trade July […] Read more

Crops, Markets, Spring Wheat

Tight high-protein supplies underpin Minneapolis wheat

By Phil Franz-Warkentin - MarketsFarm December 15, 2016

CNS Canada — Spring wheat futures in Minneapolis are outpacing the Chicago and Kansas City winter wheats to the upside, and tight world supplies of higher-protein wheat should remain supportive until the 2017 North American crop becomes better known. “A lot of it is the protein market,” said analyst Bryan Strommen of Progressive Ag in […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

MGEX spring wheat futures pull away from winter wheat

By Phil Franz-Warkentin - MarketsFarm October 4, 2016

CNS Canada — Minneapolis spring wheat futures are pulling away from their winter wheat counterparts, as quality issues with the North American spring wheat crop bring in protein premiums, according to an analyst who said there was more room to the upside in spring wheat. Kansas City and Chicago winter wheat contracts hit 10-year lows […] Read more

Crops

Nufarm to shut Calgary herbicide plant

By Alberta Farmer Staff November 24, 2015

Crop chemical manufacturer Nufarm plans to make its North American business more “cost-effective” by shutting its plant in Calgary and shipping the production work to Chicago. The “rationalization” in Calgary, expected to be complete by next fall, “will allow us to increase flexibility, reduce complexity and more efficiently utilize our facilities,” Nufarm manufacturing group executive Elbert […] Read more

U.S. grains: Corn, soy futures sag on end-of-month selling

Dominican Republic restricts pig shipments after ASF confirmed

CNH Industrial bets on strong market to counter worst supply chain situation

GFM Network News

U.S. grains: Corn, soy futures sag on end-of-month selling

Dominican Republic restricts pig shipments after ASF confirmed

CNH Industrial bets on strong market to counter worst supply chain situation

Tag Archives Chicago

Coronavirus threatens Chicago’s last remaining trading pits

CBOT weekly outlook: Harvest activity drops commodities

Midwest floods hammer U.S. ethanol industry

CBOT weekly outlook: Soybeans wait on China news

Corn, soybeans may have seen low point for now

U.S. grains: Wheat up as crop ratings, Russia news spur short-covering

U.S. grains: Corn near one-year high, spring wheat soars

Tight high-protein supplies underpin Minneapolis wheat

MGEX spring wheat futures pull away from winter wheat

Nufarm to shut Calgary herbicide plant

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