Chicago | Reuters — U.S. soybean futures edged higher on Tuesday on hopes that a U.S.-China trade war truce over the weekend would result in fresh Chinese demand for U.S. soybeans, although no deals have been confirmed. Corn also firmed slightly, following soybeans, while wheat ended mixed on light demand. At Saturday’s G-20 meeting in […] Read more
U.S. grains: Soybeans edge upward, still await promised Chinese buying
U.S. grains: Soybeans strike post-harvest highs on trade truce
Chicago | Reuters — U.S. soybean futures rallied to their highest since at least August on Monday, joining a broad rally in commodity and equity prices after Washington and Beijing sealed a truce in a trade war that has halted nearly all U.S. soy shipments to the world’s top importer. Soybean prices, however, set back […] Read more
U.S. grains: Wheat, soy, corn climb
Chicago | Reuters — U.S. wheat futures rose about 1.5 per cent Friday on firming cash markets, analysts said, while soybeans and corn firmed ahead of hotly anticipated U.S.-China trade talks at this week’s G20 summit in Argentina. The G20 meeting is to include head-to-head discussions between U.S. President Donald Trump and Chinese counterpart Xi […] Read more
U.S. grains: Soybeans pause after two-day rise
Chicago | Reuters — U.S. soybean futures eased on Thursday as traders booked profits after prices hit a near two-week high in the previous session, ahead of trade talks between Washington and Beijing at the G20 meeting. Wheat futures declined on lacklustre U.S. export sales while corn ended nearly unchanged. Chicago Board of Trade January […] Read more
ICE weekly outlook: Canola at mercy of U.S. soy
CNS Canada — The ICE canola market is currently at the mercy of the soybean market as it awaits this week’s G20 meeting between Chinese President Xi Jinping and U.S. President Donald Trump. “We’ve got the big pop in the soybeans in anticipation of some positive developments at this weekend’s G20 meetings… we are getting […] Read more
CBOT weekly outlook: Volatile markets await G20 meeting
CNS Canada — Chicago soybean and corn markets are expected to remain volatile over the next few days, ahead of the G20 summit in Argentina, said one commodities expert. That volatility is fueled by a much-talked-about meeting between U.S. President Donald Trump and Chinese President Xi Jinping scheduled for Saturday. “What is going to be […] Read more
U.S. grains: Soy climbs on short-covering ahead of trade talks
Chicago | Reuters — U.S. soybean futures rose on Wednesday on short-covering as investors waited to see if expected talks between Washington and Beijing at a G20 summit this week will defuse a trade dispute that has choked U.S. soybean exports to China. Corn and wheat followed the firm tone, drawing additional support from a […] Read more
U.S. grains: Soybeans rise ahead of G20 talks, wheat declines
Chicago | Reuters — U.S. soybean futures firmed on Tuesday as brokers adjusted positions ahead of trade talks between China and the U.S. at the upcoming G20 meeting. Corn ended narrowly mixed while wheat futures fell on technical selling and worries about export demand for U.S. supplies. In addition, concerns eased about political tension between […] Read more
U.S. grains: Soybeans sag on fears of fading export prospects
Chicago | Reuters — U.S. soybean futures fell about two per cent and neared a four-week low on Monday on chart-based selling and worries about export prospects for U.S. supplies amid a trade war with China, traders said. Corn futures followed soybeans lower. But wheat futures rose on fears that Russian-Ukrainian tensions could inhibit grain […] Read more
U.S. grains: Wheat tops one-week high on improving export demand
Chicago | Reuters — U.S. wheat futures topped one-week highs on Friday on hopes for improved export demand after sales to Egypt, while corn and soybean futures slumped. Egypt’s state grain buyer, the General Authority for Supply Commodities, said it bought 240,000 tonnes of wheat in an international purchasing tender on Thursday, with half of […] Read more
Cyber-Savvy Farmer
