Chicago | Reuters — U.S. soybean prices fell on Thursday despite stronger-than-expected export sales as investors worried that an eagerly awaited trade deal between Washington and Beijing remained elusive. Wheat and corn also fell as heavy deliveries against the March contracts weighed on the market. There were 820 deliveries against CBOT March soybeans, 400 deliveries […] Read more
U.S. grains: Soybeans fall as trade concerns weigh
U.S. grains: Soybeans fall after comments on trade talks
Chicago | Reuters — U.S. soybean prices fell on Wednesday after a U.S. trade official said purchase promises were not enough to solve U.S.-China trade issues and that it was too early to predict an outcome to talks between the two countries. Any deal between Washington and Beijing must include a way to ensure commitments […] Read more
U.S. grains: Wheat sinks on plentiful global supply
Chicago | Reuters — U.S. wheat futures slid for a second consecutive session on Tuesday to the lowest in 10 months as cheaper exports from producers including Russia weighed on demand for U.S. supplies. Soybeans also fell, giving up the last session’s gains, as a rapidly advancing harvest in top exporter Brazil boosted global supplies. […] Read more
U.S. grains: Soybeans firm on trade hopes
Chicago | Reuters — U.S. soybean futures climbed to a 2-1/2-week high on Monday on hopes for a trade agreement between Washington and Beijing and after China vowed late last week to make additional U.S. soybean purchases. Wheat futures plunged around four per cent to fresh contract lows on technical selling and concerns about stiff […] Read more
U.S. grains: Crop prices seesaw as traders eye China talks
Chicago | Reuters — U.S. grain and soy futures seesawed on Friday as traders waited for signs that Washington and Beijing were making progress toward a trade agreement that could boost Chinese imports of U.S. crops. After the close of trading, U.S. Agriculture Secretary Sonny Perdue said on Twitter that China, in a meeting at […] Read more
CBOT weekly outlook: Soy in ‘little bit of a free fall’
Soybeans, wheat and corn have been trading generally lower of late on the Chicago Board of Trade (CBOT). In particular soybeans are in “a little bit of a free fall,” said Terry Reilly, senior agriculture futures analyst with Futures International in Chicago. “It’s purely technical. We closed below the 100-day moving average (Tuesday) based on […] Read more
U.S. grains: CBOT wheat plunges to seven-month low
Chicago | Reuters — Chicago Board of Trade wheat futures plunged yet again on Wednesday as traders fretted over lagging U.S. exports despite them being competitively priced in the global market. Soybeans started the day off on the negative side, with the most active soybean contract dipping just below the one-month low struck a day […] Read more
U.S. grains: Wheat futures plunge on sluggish exports
Chicago | Reuters — Chicago Board of Trade grain and soybean futures all soured on Tuesday as U.S. wheat sellers failed to nab any export sales and traders waited impatiently for news on the latest of talks on the U.S.-China trade war. Wheat was the story of the day: Most CBOT wheat futures contracts — […] Read more
U.S. grains: Wheat falls to multimonth lows as global prices sag
Chicago | Reuters — U.S. wheat futures fell to multimonth lows on Friday, despite broad strength in commodity and equity markets as grain traders monitored bearish technical signals as well as falling prices in the global cash wheat market. Soybeans climbed on optimism about U.S. trade negotiations with China, the world’s top soy importer, while […] Read more
U.S. grains: U.S. exports get no Valentine’s Day love
Chicago | Reuters — Chicago Board of Trade (CBOT) grains and soybean futures tumbled on Thursday on news that China and other buyers had canceled a flurry of U.S. soybean orders in early January and Argentina’s soy crop could be larger than previously expected, traders said. The U.S. Department of Agriculture’s (USDA) export sales report […] Read more
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