Chicago | Reuters — U.S. soybean futures retreated on Wednesday ahead of an eagerly awaited U.S. government crop report, pressured by forecasts for favourable Midwest crop weather and disappointment that China did not include the oilseed on a list of U.S. imports exempted from tariffs. Corn also weakened as late-planted U.S. crops were seen benefiting […] Read more
U.S. grains: Soybeans, corn ease on crop-boosting weather
U.S. grains: Soy slumps on improved crop rating
Chicago | Reuters –– U.S. soybean futures retreated on Tuesday on improving crop prospects and a lack of progress in trade talks with China, the world’s top importer of the oilseed, traders said. Prices took a hit after soybeans climbed on Monday on short covering and hopes for easing tensions in the trade war between […] Read more
U.S. grains: Soybean futures rise as trade tensions ease
Chicago | Reuters — U.S. soybean futures rose on Monday as President Donald Trump predicted a trade deal with China, cooling fears about escalating tensions with the top importer of the oilseed. Traders grew hopeful that the world’s two largest economies could move toward an agreement to end their trade war as Trump said he […] Read more
U.S. grains: Soy, corn slide following fresh round of China tariffs
Chicago | Reuters — U.S. corn futures hit a three-month low and soybeans neared a three-week bottom after China said it would impose additional tariffs on U.S. products including grains and soy, escalating the trade war between the world’s top two economies. On the Chicago Board of Trade, soybean futures posted the biggest declines. China […] Read more
China strikes back at U.S. with new tariffs on soybeans, beef, pork, more
Beijing | Reuters — China said Friday it will impose retaliatory tariffs against about US$75 billion worth of U.S. goods, putting as much as an extra 10 per cent on top of existing rates in the dispute between the world’s top two economies. The latest salvo from China comes after the United States unveiled tariffs […] Read more
China buys U.S. soybeans after declaring ban on U.S. farm goods
Chicago | Reuters — China snapped up a small volume of U.S. soybeans last week after pledging to halt purchases of U.S. farm products due to the escalating trade war between Washington and Beijing, U.S. Department of Agriculture data showed on Thursday. The world’s largest soybean importer struck deals from Aug. 9 to 15 to […] Read more
Mexico and U.S. reach deal to end tomato tariff spat
Mexico City | Reuters — Mexican tomato producers have reached a deal with the U.S. government to avoid an anti-dumping investigation, Mexican Economy Minister Graciela Marquez said on Wednesday, ending a testy tariff dispute that had rumbled on for months. Under the deal, the vast majority of Mexican tomato exports will be subject to border […] Read more
U.S. grains: Corn, soy, wheat rise but post big weekly losses
Chicago | Reuters — U.S. corn, soybean and wheat futures rose on Friday on a technical rebound as traders evened up positions after the grains market posted sharp declines during the week. The heavy weekly losses — corn posted its biggest weekly drop in percentage terms since June 2016 — stemmed from a surprise boost […] Read more
U.S. grains: Corn, soybeans ease on Midwest rains, trade worries
Chicago | Reuters — U.S. corn and soybean futures eased on Tuesday as better-than-expected rain in parts of the Midwest and forecasts for more showers lessened concerns about further yield losses in dry areas of the farm belt. Wheat futures declined as pressure from an advancing U.S. harvest and a firmer U.S. dollar dragged down […] Read more
U.S. farmers suffer ‘body blow’ as China slams door on farm purchases
Beijing | Reuters — Chinese companies have stopped buying U.S. agricultural products, China’s commerce ministry said on Tuesday, a blow to U.S. farmers who have already seen their exports slashed by the more than year-old trade war. China may impose additional tariffs on U.S. farm products bought shortly before the purchase ban took effect, China’s […] Read more
Cyber-Savvy Farmer
