Chicago | Reuters — U.S. soybean futures fell to their lowest in a month on Thursday after the U.S. Department of Agriculture (USDA) projected farmers would plant the most acres on record to the oilseed this spring while reducing corn acres. Corn futures rose on the acreage outlook, with the Chicago Board of Trade (CBOT) […] Read more
U.S. grains: Soybeans hit one-month low on record acreage view
Chicago corn futures, MGEX wheat up
U.S. grains: Wheat, corn bounce as Ukraine conflict persists
USDA acres, stocks data awaited
Chicago | Reuters — U.S. wheat futures rose on Wednesday along with corn and soybeans on renewed concerns about the Ukraine war that has disrupted grain shipments from the Black Sea region, analysts said. However, trade was muted somewhat as brokers awaited U.S. plantings and quarterly stocks figures due out on Thursday from the U.S. […] Read more
U.S. grains: Wheat, corn fall on ceasefire hopes
Chicago May soybeans also lower
Chicago | Reuters — U.S. wheat futures fell four per cent and corn fell nearly three per cent on Tuesday as comments by Russia and Ukraine following negotiations in Turkey raised hopes of a ceasefire in a conflict that has disrupted massive grain exports through the Black Sea region. However, trade was volatile, with benchmark […] Read more
U.S. grains: Crop data awaited as grains fall with other commodities
China COVID-19 cases weigh on markets; grain traders monitor Ukraine news
Chicago | Reuters — U.S. wheat, corn and soybean futures fell on Monday as worries over coronavirus cases in China weighed on commodity markets while grain traders also adjusted positions ahead of key U.S. crop reports due later this week. Crude oil dropped sharply as China’s financial hub, Shanghai, launched a lockdown to contain surging […] Read more
Ukraine sunseed area seen falling due to war
Lviv | Reuters — The area sown to sunflower in Ukraine is likely to fall to 4.81 million hectares (11.89 million acres) in 2022 from 6.66 million hectares in 2021 due to hostilities in many regions, the agriculture ministry said on Friday. Ukraine is the world’s largest sunflower seed grower and sunflower oil exporter. The […] Read more
U.S. grains: Soybean futures rise on export strength
Corn, wheat also strong
Chicago | Reuters — Chicago Board of Trade soybean, wheat and corn futures firmed on Friday, with all three commodities recovering from declines posted during the overnight trading session. The strength in soybeans stemmed from signs that demand for U.S. supplies remains strong even with newly harvested soybeans from South America available on the marketplace. […] Read more
Russia’s war could affect agriculture around the globe
Fallout from the invasion could prompt a rethink and reordering of current systems, say economic experts
Reading Time: 4 minutes Russia’s invasion of Ukraine will not only roil commodity markets in the short term, but could lead to some structural changes to agriculture both here and abroad. [READ MORE] Farming behind the lines in Ukraine Livestock production, the rise of faux meats, phosphorus recycling and biofuels were some of the issues raised by ag economic […] Read more
U.S. grains: Wheat, corn, soybeans fall with exports in focus
Ukraine's hindered exports 'priced in' on values
Chicago | Reuters — Chicago Board of Trade wheat and corn futures fell on Thursday, with traders noting the market has already absorbed supply disruptions from the Black Sea region following Russia’s invasion of Ukraine a month ago. “It feels like the market has priced in that there will be an issue with corn and […] Read more
ICE weekly outlook: Strong canola market to ‘see both sides of rainbow’
MarketsFarm — ICE Futures canola contracts climbed to their highest levels ever during the week ended Wednesday before running into some profit-taking resistance. Its general uptrend remains intact for the time being, but a downturn is also inevitable. The nearby May canola contract hit a session high of $1,177.80 per tonne on Wednesday, before backing […] Read more
U.S. grains: Export demand boosts soybeans
Corn firm, wheat weak
Chicago | Reuters — Chicago Board of Trade soybean futures rose for a third consecutive session on Wednesday, hitting their highest in nearly a month on expectations that demand for U.S. supplies will remain strong due to harvest shortfalls in South America, traders said. The crop woes in Argentina and Brazil also lent support to […] Read more
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