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: Soybeans up as China talks fuel export hopes
As loans and aid dry up, U.S. farmers face fresh challenge from shutdown
Chicago | Reuters — U.S. farmers, already battered by the U.S.-China trade war, are facing increasing anxiety as the partial government shutdown nears the two-week mark, leaving crucial aid and loan payments in limbo. The shutdown has blocked assistance for many farmers, who at this time of year apply for federal loans as they pay […] Read more
U.S. grains: Wheat eases in thin holiday trade
Chicago | Reuters — U.S. wheat futures fell more than one per cent on Monday in thin, technically driven trade, brokers said, but still posted a yearly gain of nearly 18 per cent. U.S. soybean futures ended lower, retreating from early advances tied to signs of thawing trade tension between Washington and top global soy […] Read more
U.S. livestock: Cattle weaken on profit-taking, hogs firmer
Chicago | Reuters — U.S. live cattle futures finished slightly lower on Monday as traders locked in profits in end-of-year position squaring, after prices earlier touched contract highs, traders said. Lean hog futures were mostly higher, buoyed by short-covering and position squaring on the final trading day of the month, quarter and year. Cattle futures […] Read more
U.S. grains: Soy, corn, wheat near one-month lows
Chicago | Reuters — U.S. corn, soybean and wheat futures approached one-month lows on Wednesday on worries over export demand and increasing competition for global sales. Traders were disappointed that there were no signs of additional sales of U.S. soybeans to China, the world’s top importer of the oilseed, or of corn. China bought U.S. […] Read more
U.S. grains: Soy falls as traders wait for more sales to China
Chicago | Reuters — U.S. soybean futures neared a one-month low on Monday as traders watched and waited for China to make further purchases after re-entering the market recently as trade tensions eased. Corn futures also came under pressure from disappointment over a lack of demand from China, traders said. China bought U.S. soybeans on […] Read more
U.S. grains: Soybeans drop as export sales to China disappoint
Chicago | Reuters — U.S. soybean futures dropped to two-week lows on Wednesday as renewed export sales to China following a trade war truce between Washington and Beijing fell short of expectations. Corn futures also declined on a slowdown in production of corn-based ethanol, while wheat dropped nearly two per cent in light trading, pressured […] Read more
U.S. grains: Soybeans down again, corn ends higher
Chicago | Reuters — U.S. soybean futures fell on Friday for a second session as traders reacted to smaller-than-expected purchases this week by China coupled with ballooning global supplies, traders said. Corn futures firmed on prospects for China to start buying U.S. supplies of the yellow grain, while wheat declined, consolidating a day after reaching […] Read more
U.S. grains: Soy, wheat decline on persistent demand worries
Chicago | Reuters — U.S. soy and wheat futures fell on Monday on positioning ahead of a monthly U.S. Department of Agriculture crop supply/demand report and uncertainty about the ongoing U.S.-China trade dispute, traders said. A higher dollar added pressure, making U.S. grains less competitive on global markets. Corn followed the weak trend but found […] Read more
U.S. grains: Soybeans firm on China trade hopes
Chicago | Reuters –– U.S. soybean futures firmed for the fifth time in six sessions on Friday on solid weekly export sales data and short-covering ahead of the weekend as the market waited for signs that China may soon resume purchases from the United States. Corn also advanced and wheat climbed to a 5-1/2 week […] Read more
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