soymeal Archives | Alberta Farmer Express

U.S. grains: Soy futures follow rally in soymeal

Chicago | Reuters — U.S. soybean futures rose on Thursday for the third straight day, led higher by strength in the soymeal market stemming from news that an Argentine soy crusher was experiencing financial stress, traders said. Corn futures ended lower after trading close to unchanged for much of the day, while wheat dropped on […] Read more

Crops, Markets, Reuters, Soybeans

On the front lines: Trade war sinks North Dakota soy growers

By Karl Plume August 22, 2019

Colfax, N.D. | Reuters — North Dakota bet bigger on Chinese soybean demand than any other U.S. state. The industry here — on the far northwestern edge of the U.S. farm belt, close to Pacific ports — spent millions on grain storage and rail-loading infrastructure while boosting plantings by five-fold in 20 years. Now, as […] Read more

Hogs, Livestock, Reuters

Cargill shuts China feed mills as swine fever spreads

By Rod Nickel, Tom Polansek July 12, 2019

Chicago | Reuters — Cargill shuttered animal-feed mills in China in recent months partly because the rapid spread of a fatal hog disease has reduced demand, a company executive said Friday. The closures highlight the pain for global agriculture companies from the outbreak of African swine fever in China, the world’s top hog producer and […] Read more

Canola, Crops, Markets, Reuters, Soybeans

China forecasts rising soy imports to make up for less canola

By Reuters March 8, 2019

Beijing | Reuters — China on Friday raised its forecast for soybean imports during the 2018-19 crop year to 85 million tonnes, up from 83.65 million in last month’s outlook, after the country’s customs agency suspended some imports of rival oilseed canola. China’s ministry of agriculture and rural affairs said in its monthly forecast on […] Read more

Crops, Markets, Reuters, Soybeans

EU seeks to soothe U.S. by clearing soybeans for biofuel

By Jarrett Renshaw, Philip Blenkinsop January 29, 2019

Reuters — The European Commission said on Tuesday it had concluded that U.S. soybeans can be used in biofuels in the European Union, part of the bloc’s push to improve strained trade relations with the United States. However, industry sources said it was unlikely to lead to a flood of additional U.S. soybean imports into […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans sink on weak China trade data

By Karl Plume January 14, 2019

Chicago | Reuters — U.S. soybean futures fell to a 1-1/2-week low on Monday on technical selling and on concerns about demand from China as the world’s top soy importer remains locked in a tariff war with the United States. Wheat also fell after Russia, the world’s top supplier, left its export forecast unchanged despite […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soybeans trend up, but trade off headlines

By Phil Franz-Warkentin - MarketsFarm December 12, 2018

CNS Canada — Speculative short-covering and optimism over trade with China helped soybean and corn futures at the Chicago Board of Trade move higher over the week ended Wednesday. While additional gains are possible, both markets will take more short-term direction from the day-to-day headlines. Conflicting headlines, tweets and other commentary lead to a choppy […] Read more

Markets, Soybeans

CBOT weekly outlook: Trade woes keep soybeans pointed lower

By Phil Franz-Warkentin - MarketsFarm October 31, 2018

CNS Canada – Soybeans saw a modest corrective bounce to end the month on Oct. 31, but the general downtrend remains intact, with more losses likely, according to an analyst. “I remain bearish on soybeans over the short-term as the window is closing for the U.S. to provide China soybeans before South America comes online,” […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soybeans trend higher, with meal

By Phil Franz-Warkentin - MarketsFarm October 17, 2018

CNS Canada –– Soybean and corn futures at the Chicago Board of Trade both saw some strength over the past week, and could see some additional upside, according to an analyst. Harvest delays due to poor weather and speculative short-covering accounted for some of the recent strength in the futures, according to Sean Lusk, director […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans firm on fund-driven buying

By Julie Ingwersen October 17, 2018

Chicago | Reuters — U.S. soybean futures firmed modestly on Wednesday in largely technical trade along with fund-driven buying and strength in allied soymeal futures, analysts said. Corn futures declined and wheat fell on technical selling. Chicago Board of Trade (CBOT) November soybean futures settled up one cent at $8.85-3/4 per bushel but stayed below […] Read more

Freeland, U.S. and Mexican officials to meet to pin down trade deal

U.S. grains: Soybean futures set two-week high

U.S. livestock: Plentiful supply pressures CME hogs

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