Washington | Reuters — The U.S. House of Representatives passed the farm bill on Wednesday, capping months of acrimonious debate to finalize the legislation funding the nation’s US$867 billion food and agriculture programs. The bill, which passed by a vote of 369 to 47, will be submitted to President Donald Trump for his signature into […] Read more
U.S. House approves farm bill without tighter food stamps criteria
U.S. grains: Soybeans rise as China buys U.S. supplies
Chicago | Reuters — U.S. soybean futures hit a 4-1/2-month high on Wednesday as China bought U.S. soybeans for the first time since U.S. President Donald Trump and his Chinese counterpart Xi Jinping met in early December. State-owned Chinese companies bought at least 500,000 tonnes of U.S. soybeans, two U.S. traders said, in deals valued […] Read more
U.S. grains: Soy climbs on hopes for China buying
Chicago | Reuters — U.S. soybean futures closed higher on Tuesday as traders anticipated potential Chinese purchases of U.S. agricultural products, and shrugged off a bearish monthly global soy inventories report from the U.S. Department of Agriculture. Corn firmed, led by soybeans, but wheat futures fell after USDA raised its forecasts of U.S. and global […] Read more
U.S. grains: Soybeans edge upward, still await promised Chinese buying
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: 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., Canada, Mexico sign trade deal after last-minute brinkmanship
Buenos Aires | Reuters — The leaders of Mexico, Canada and the United States signed a North American trade pact on Friday after brinkmanship over the final details of the deal continued through the eve of the signing. They agreed on a deal in principle to govern the more than trillion dollars of mutual trade […] 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
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
Dairy issue nags as U.S., Canada prepare to sign trade pact
New York/Ottawa | Reuters — Dairy remains a sticking point between the United States and Canada as the countries prepare to sign a new North American trade pact this week, according to four sources familiar with the matter. U.S. objections to Canada’s protected internal market for dairy products was a major challenge facing negotiators during […] Read more
U.S. grains: Soy futures up on hopes of progress in U.S.-China dispute
Chicago | Reuters –– U.S. soybean futures turned higher on Wednesday on optimism that Washington and Beijing will make progress at the upcoming G20 leaders summit toward resolving the trade dispute that has disrupted U.S. exports of the oilseed. Wheat futures slipped, while corn futures ended nearly unchanged after touching their lowest price since Oct. […] Read more
Cyber-Savvy Farmer
