Chicago | Reuters — Chicago Board of Trade soybean futures rose 2.2 per cent on Monday, supported by hopes for a pick-up in the pace of exports as farmers in top global consumer China struggle with hot and dry weather that is expected to reduce the size of the crop there. “It appears that exporters […] Read more
U.S. grains: Soybean and wheat futures rise 2.2 per cent
Chicago corn futures firm
U.S. grains: Wheat up off six-month low on technical buying
CBOT corn rises, while soybeans stay under pressure
Chicago | Reuters — Chicago Board of Trade wheat futures bounced on technical buying on Friday after nearing a six-month low struck a day earlier, though the market remained capped by sluggish U.S. exports and increased Black Sea shipments, analysts said. Corn futures also strengthened, while soybeans edged lower as forecasts for rain in the […] Read more
U.S. grains: Wheat down on weak U.S. demand, Ukraine grain shipments
Economic uncertainty also curbs grain markets
Chicago | Reuters — Chicago wheat futures slid for a fifth session on Thursday, pressured by soft export sales, a stronger dollar and continued exports from Ukraine, analysts said. Soybeans firmed after better-than-expected export sales last week indicated strong demand as U.S. harvest nears, while corn traded near even. Economic uncertainty also hung over grain […] Read more
CBOT weekly outlook: Crop prices soften after USDA report release
MarketsFarm — An unexpectedly bearish supply/demand report from the U.S. Department of Agriculture (USDA) last Friday is still putting pressure on crop prices nearly a week later, according to one trader. In the department’s WASDE report, the estimated average yield for corn was revised downward from the month before by only 1.6 bushels per acre […] Read more
U.S. grains: Corn, soybeans steady
U.S. Midwest rain, Ukraine sea exports add pressure
Chicago | Reuters — Chicago soybeans inched higher on Wednesday, bouncing from two days of declines, though the recovery was limited by rain improving weather forecasts in the U.S. Midwest. Wheat prices fell, pressured by increased export activity from Ukraine, while corn traded near even. The most-active soybean contract on the Chicago Board of Trade […] Read more
U.S. grains: Grains fall on weather, Ukrainian exports
Concerns over Chinese economic growth weigh on soybeans, corn
Chicago | Reuters — Chicago corn, wheat and soybean futures fell for a second day on Tuesday, pressured by rainfall across parts of the U.S. Midwest, as well as economic uncertainty in China and grain shipments from war-torn Ukraine. The most-active soybean contract on the Chicago Board of Trade (CBOT) fell 31-1/4 cents to $13.81 […] Read more
U.S. grains: Soy dives on China’s economic uncertainty
Improved outlook for Ukraine exports weighs on grains
Chicago | Reuters — Chicago soybeans fell on Monday, pressured by forecasts for beneficial rainfall in parts of the U.S. Midwest and unexpected data from China that suggested declining demand for U.S. agricultural commodities from the country. The People’s Bank of China cut key interest rates on weaker-than-expected economic data from the world’s second-largest economy, […] Read more
U.S. grains: Chicago soy futures bounce back after USDA forecasts
Corn crop forecast to be smaller than expected due to weather
Chicago | Reuters — Chicago soybean futures turned higher on Friday, as traders questioned a surprisingly large record-crop forecast and focused instead on August weather as recent hot and dry days threaten key U.S. growing areas. Soybean futures slid sharply after the U.S. Agriculture Department on Friday forecast U.S. soy farmers would glean a record […] Read more
Wheat, soybeans buck expectations in USDA report
Soy ending stocks figure adjusted higher
MarketsFarm — Projected average yields and production for wheat and soybeans for 2022-23 went against many analysts’ expectations, according to the U.S. Department of Agriculture (USDA). USDA released its monthly world agriculture supply and demand estimates (WASDE) on Friday, which surprisingly showed upward revisions for average yields and production despite pre-report estimates showing the opposite. […] Read more
Russia to ban some imports of seeds from Canada, Europe
Canada's Prograin soybean seed on list
Moscow | Reuters — Russia will ban imports of some seeds from several locations in Europe and Canada from Aug. 15, its agriculture safety watchdog said on Thursday, citing non-compliance by suppliers with phytosanitary requirements as the reason. Imports of tomato and carrot seeds will be banned from a nursery of Satimex Quedlinburg, in Germany, […] Read more
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