Chicago | Reuters – U.S. soybean futures rose nearly 4 percent on Thursday on hopes for easing tensions between the United States and China after President Donald Trump said trade talks with Beijing were “moving along nicely”. Corn and wheat also firmed, following soybeans and as the U.S. dollar weakened, making purchases of U.S. shipments […] Read more
U.S. grains: Soybeans rally on export hopes after Trump, Xi talk trade
U.S. grains: Soy sinks to one-month low on lagging exports, big supply
Chicago | Reuters – U.S. soybean futures slid to the lowest point in a month on Monday under pressure from a record-large U.S. harvest and dim export prospects due to the trade dispute between the United States and top importer China. Corn edged lower in a technical-selling and profit-taking setback after hitting a one-week high, […] Read more
U.S. livestock: Live cattle slip from 3-week high in technical setback
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures dropped on Thursday in a technical-selling and profit-taking setback after scaling to three-week highs the previous day. Strengthening cash beef prices and government data showing smaller-than-expected cattle supplies at feedlots had supported the market earlier this week. “Coming out of the cattle on feed report, […] Read more
ABCD quartet of grain traders partner to digitize global trades
Chicago | Reuters – The world’s four largest agribusinesses are working together to standardize and digitize international grain trades using technologies such as blockchain and artificial intelligence, the companies announced on Thursday. Archer Daniels Midland Co, Bunge Ltd, Cargill Inc and Louis Dreyfus Co, known collectively as the ABCDs of global grain trading, said the […] Read more
U.S. livestock: Lean hogs end limit-up on African swine fever jitters
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures surged on Wednesday as concerns about the spread of African swine fever, particularly in China, fueled buying that took some contracts up by as much as their daily trading limits. Additional support in actively traded December futures stemmed from the contract’s discount to cash hog […] Read more
U.S. grains: Crop forecasts lift corn, soy for second day
Chicago | Reuters — U.S. soybean futures rose for a second straight session on Friday on short-covering and follow-through buying after a government report the prior day forecast a smaller-than-expected U.S. harvest. Corn also advanced after the U.S. Department of Agriculture (USDA) unexpectedly cut its U.S. corn yield outlook in a monthly report on Thursday […] Read more
U.S. grains: Corn hits seven-week high on USDA’s surprise yield cut
Chicago | Reuters — U.S. corn futures jumped more than 1 percent to a seven-week high on Thursday after the U.S. Department of Agriculture (USDA) unexpectedly cut its yield forecast for the 2018 crop, leaving stocks of the grain lower than anticipated. Soybean futures followed corn higher, reversing earlier losses as the government’s harvest outlook […] Read more
U.S. grains: Soybeans slump on big harvest, trade war worries
Chicago | Reuters — U.S. soybean futures fell for a second day on Wednesday, shedding more than one per cent on expectations of a bumper U.S. crop and concerns about a protracted U.S.-China trade war that has already depressed demand for U.S. shipments. Corn and wheat also eased as traders squared positions ahead of a […] Read more
U.S. grains: Soy sinks on hefty supply, China trade worries
Chicago | Reuters — U.S. soybean futures retreated on Tuesday as the market braced for an anticipated increase in the government’s 2018 harvest forecast and amid concerns of a prolonged trade war with China, the world’s top soybean importer. Corn futures followed soybeans lower, easing for a second straight session as traders positioned for the […] Read more
U.S. grains: Wheat sinks on technical selling, stronger U.S. dollar
Chicago | Reuters — U.S. wheat futures fell more than one per cent on Monday on technical selling and as a stronger dollar created a headwind for U.S. exports of the grain, which are already struggling to compete in the global marketplace. Corn futures eased on Monday after two straight sessions of gains while soybeans […] Read more
Canadian Cattlemen Presents: Depth of Field
