CNS Canada — Even though news out of Beijing regarding the trade talks between the U.S. and China were reported as ending on a positive note Wednesday morning, one broker watching the Chicago Board of Trade didn’t see it having much effect on commodities. “The only thing that would be a real positive announcement would […] Read more
CBOT weekly outlook: Trade news having little effect
U.S. grains: Soy climbs on China trade optimism
Chicago | Reuters — U.S. soybean futures rebounded on Wednesday, posting gains for the fifth session in six on hopes that China will accelerate its purchases of U.S. agricultural products following three days of trade talks with the United States this week. Corn also firmed as traders anticipated the grain would be among the goods […] Read more
U.S. grains: Soybeans slip from rally, eyes on China talks
Chicago | Reuters — U.S. soybean futures declined for the first time in five sessions on Tuesday in a profit-taking and technical setback after notching 3-1/2-week highs a day earlier. Losses were limited, however, by hopes that trade talks between Washington and Beijing will open the door for more U.S. soybean exports to China following […] Read more
U.S. grains: Soy firm on Brazil dryness, China trade hopes
Chicago | Reuters — U.S. soybean futures rose on Monday for a fourth straight session and notched a three-week high on concern about dry weather in Brazil and as trade talks between Washington and Beijing raised hopes of accelerated export purchases by China. Corn and wheat eased as some traders sold contracts to take profits […] Read more
U.S. grains: Soybeans up as China talks fuel export hopes
Chicago | Reuters — U.S. soybean futures climbed to a two-week high on Friday on optimism over U.S.-China trade talks planned for next week, coupled with declining estimates of the size of Brazil’s developing crop, traders said. Corn and wheat followed the firm trend, with brightening export prospects for both grains lending support. Chicago Board […] Read more
U.S. grains: Wheat rises on technical bounce, export prospects
Chicago | Reuters — U.S. wheat futures rose about 1.4 per cent on Thursday, reaching a one-week high on a technical rebound from multi-month lows and optimism about U.S. export prospects, analysts said. Soybeans hit a two-week top on worries about declining Brazilian crop prospects and rumours of Chinese buying interest, and corn followed the […] Read more
ICE weekly outlook: Canola waits for U.S. shutdown to end
CNS Canada — The ICE Futures canola market, like its fellow commodity markets, currently sits at the mercy of the U.S. government shutdown, according to one analyst. “It all has to do with the government shutdown in the States. Soybeans keep on rallying, than they lose ground towards the end of the session, because how […] Read more
U.S. grains: Soy up on crop stress in Brazil, hopes for China talks
Chicago | Reuters — U.S. soybean futures advanced to a near two-week high on Wednesday on declining yield prospects in Brazil and optimism about U.S. trade relations with top global soy buyer China, traders said. Wheat futures rose, rebounding from multi-month lows on short-covering and concerns about excessive rains in Argentina, while corn finished modestly […] Read more
U.S. grains: Soy futures jump on hopes for China deals, positioning
Chicago | Reuters — U.S. soybean futures climbed on Friday to their highest prices in more than a week, on hopes China will make additional purchases of the oilseed in a thawing of the trade war between the world’s two biggest economies, traders said. Corn and wheat futures also rose at the Chicago Board of […] Read more
U.S. grains: Soy, corn stabilize after falling to one-month lows
Chicago | Reuters — U.S. grain and soybean futures stabilized on Thursday after a decline swept them to their lowest prices in nearly a month. Fundamental news about supplies and demand was scarce, leading to a trading session mostly driven by technical factors, analysts said. “We need some sort of news, especially some bullish news, […] Read more
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