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Tag Archives Wheat

Crops, Markets, Spring Wheat, Winter Wheat

CBOT weekly outlook: Wheat futures underpinned for now

However, traders still watching headlines

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MarketsFarm — U.S. wheat futures have climbed higher over the past week, with the largest gains in Chicago Board of Trade soft wheat, as global uncertainty over the COVID-19 pandemic provided some support. However, that uncertainty could also makes predicting market trends rather difficult, according to an analyst. “All of my comments come with a […] Read more
Crops, Markets, Reuters

U.S. grains: Corn rebounds after multi-year lows

Soybeans firm, wheat sags

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Chicago | Reuters — U.S. corn futures rose on Tuesday, clawing back from last week’s multi-year lows as traders covered short positions and farmer sales stalled, analysts said. Wheat futures declined, pressured by profit-taking after recent rallies, while soybeans closed modestly higher. Chicago Board of Trade May corn settled up 3-3/4 cents at $3.47-1/4 per […] Read more
General, Markets, Reuters

U.S. sees progress on China trade deal’s ag provisions

China makes first U.S. hard red wheat buy since 2017

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Washington | Reuters — The U.S. and China have made progress in implementing the agriculture-related provisions of their Phase One trade deal that took effect on Feb. 14, the U.S. Department of Agriculture (USDA) and U.S. Trade Representative said on Tuesday. In a joint statement, they listed a number of steps taken that should help […] Read more
Crops, Markets, Reuters

U.S. grains: Recent declines stoke export interest

CBOT May corn, soy, wheat all rally

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Chicago | Reuters — U.S. corn, soybean and wheat futures rallied on Thursday, supported by technical buying and hopes for a pick-up in export demand as recent price declines made U.S. supplies more attractive to overseas buyers. Corn was bouncing off the near 3-1/2-year low it hit on Wednesday after a rout in the energy […] Read more
Crops, Markets

CBOT weekly outlook: Bargain buying lifts some commodities

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MarketsFarm — Despite an ever-changing economic environment due to the global COVID-19 pandemic, ag commodity prices may be sheltered from the worst bearish sentiments. “Global import businesses have taken off this week due to lower commodity prices,” said Terry Reilly of Futures International in Chicago. “If we do see an economic slowdown, we’ll probably see […] Read more
Crops, Markets, Reuters

U.S. grains: Corn, soy, wheat book multi-month lows

Financial markets continue to drag commodities lower

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Chicago | Reuters — U.S. grain and soybean futures sank to multi-month lows on Monday on worries about the coronavirus pandemic denting the global economy and chilling end-user demand for commodities, traders said. “The fear is still that it will only get worse as the week unfolds,” said Mark Schultz, chief analyst at Northstar Commodity […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending March 27, 2020.

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