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Tag Archives exports


CBOT Soybeans ZSH24 on Jan. 16 with Bollinger bands. (Barchart)
Markets, Reuters

U.S. grains: Soybean futures firm as traders wrestle with Brazilian output forecasts

Conflicting South American soy crop forecasts roil trade; market processing USDA crop production report

By P.J. Huffstutter, Reuters, GFM Network News January 16, 2024
Chicago Board of Trade soybean futures ended higher on Tuesday on a technical bounce, amid a day of volatile trading and a flurry of news with conflicting pricing guidance, traders said.

Corn ZCH24 on Jan. 12 with 20-day moving average. (Barchart)
Markets, Reuters

U.S. grains: Corn plunges on robust supplies, sluggish US demand

Soybeans fell to lowest price in 26 months on larger Brazilian crops, U.S. yield

By P.J. Huffstutter, Reuters, GFM Network News January 12, 2024
Chicago corn futures plunged to a three-year low on Friday after the U.S. Department of Agriculture reported that U.S. corn stocks swelled to their highest levels since 2018


Live cattle LEG24 on Jan. 12, with 20-day moving average. (Barchart)
Markets, Reuters

U.S. livestock: live cattle, lean hogs fall amid weather, demand woes

Feeder cattle firmed amid dropping corn futures

By P.J. Huffstutter, Reuters, GFM Network News January 12, 2024
Chicago Mercantile Exchange lean hog and live cattle futures were mostly down on Friday as concerns about winter weather and sluggish export demand had some investors shedding their positions.

Photo: Thinkstock
General

Feds pledge up to $26.3 million for expansion at Port Windsor

Project expected to significantly increase ADM's capacity at the Great Lakes port

By Geralyn Wichers, GFM Network News January 12, 2024
A project to expand the Archer Daniels Midland (ADM) Company's Port Windsor terminal got a federal cash boost yesterday.


Photo: File
Markets, Reuters

U.S. livestock: Cattle futures rise as icy weather threatens US herds

Lean hog futures also finished higher

By Reuters, Tom Polansek, GFM Network News January 11, 2024
Cattle futures jumped at the Chicago Mercantile Exchange on Thursday on concerns over frigid temperatures that threaten U.S. herds, analysts said.

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

U.S. grains: Soy futures near two-year lows as traders await US crop reports

Corn futures eased; wheat futures also slumped

By Reuters, Tom Polansek, GFM Network News January 11, 2024
Chicago Board of Trade soybean futures ended flat on Thursday and remained near their lowest level since December 2021 amid lackluster demand for U.S. exports and an improved South American supply outlook.


Markets, Reuters

U.S. livestock: Live cattle dip in nearby contract; US beef plants reopen

Deferred live cattle futures and feeder cattle futures finished stronger

By Reuters, Tom Polansek, GFM Network News January 10, 2024
Live cattle futures eased slightly in the front-month contract on Wednesday as U.S. slaughtering began to recover from disruptions due to extreme winter weather earlier this week.

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

U.S. grains: Soybeans fall on demand concerns, Brazilian crop outlook

Corn, wheat futures were steady to up

By P.J. Huffstutter, Reuters, GFM Network News January 10, 2024
Chicago soybean futures fell on Wednesday, shedding gains from the previous session, amid growing market concerns about export demand and improving weather for Brazil's oilseed crop.


Photo: Thinkstock
Crops, Markets

CBOT weekly outlook: Big surprises unlikely in S/D report 

Watch out for which side of two billion bushels U.S. corn carryout lands, analyst says

By Glen Hallick Marketsfarm, GFM Network News January 10, 2024
Ahead of the monthly report from the United States Department of Agriculture on Jan. 12, Allendale Inc. president Steve Georgy said he’s not expecting any major surprises for U.S. corn, soybeans or wheat at this point in the 2023/24 marketing year. 

Corn ZCH24 on Jan. 9 with 20-day moving average. (Barchart)
Markets, Reuters

U.S. grains: Soybean and corn futures rebound from multiyear lows

Wheat futures jump after a sharp drop on Monday

By Reuters, Tom Polansek, GFM Network News January 9, 2024
Chicago Board of Trade soybean and corn futures rebounded on Tuesday on short covering and technical buying after sliding to multiyear lows earlier in the session.


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