Chicago | Reuters — U.S. President Donald Trump’s decision to back out of the Trans-Pacific Partnership (TPP) trade deal, a US$62 billion market for U.S. farmers, provides a fresh threat to a slumping agricultural economy that has grown increasingly dependent on exports. Agricultural groups expressed disappointment over the move and urged the new administration to […] Read more
Struggling U.S. farm sector faces new threat as TPP dies
U.S. grains: Soybeans extend rally
Chicago | Reuters — U.S. soybean futures rose on Friday on follow-through buying on the U.S. Agriculture Department’s surprise cut to its domestic production estimate and ending stocks on Thursday, traders said. Soymeal led soybeans higher on concerns that forecasts for more rain in Argentina could limit the size of the soybean crop in the […] Read more
U.S. farmers cut winter wheat acres to 108-year low
Washington | Reuters — U.S. farmers slashed their winter wheat plantings to the lowest in more than a century as supplies of the grain ballooned to a 29-year high, the U.S. Agriculture Department said Thursday. USDA also dialed back its harvest estimates for the U.S. soybean and corn crops but 2016-17 marketing year production of […] Read more
U.S. grains: Wheat, corn weak as traders await USDA report
Chicago | Reuters –– Chicago Board of Trade soybean futures firmed on Tuesday, recovering from weakness in overnight trading on technical buying amid lingering concerns about weather in key South American growing regions. Corn eased as traders staked out positions ahead of the release of key U.S. Agriculture Department supply and demand reports on Thursday. […] Read more
U.S. grains: Soybeans, corn, wheat rise
Chicago | Reuters — U.S. soybean futures firmed on Monday, settling up one per cent on some concerns about rain in parts of Argentina curtailing crop production from the world’s third largest exporter of the oilseed, traders said. Wheat futures also closed higher, with prices firming to their highest since Nov. 22. Corn futures ended […] Read more
U.S. grains: Exports pressure corn, soybeans
Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell on Friday on signs of weakening demand for U.S. exports as the South American harvest nears, traders said. Wheat futures also dropped, pressured by a round of profit-taking after K.C. hard red winter wheat hit a 4-1/2-month high. But concerns about crop […] Read more
U.S. grains: Wheat jumps as U.S. dollar falls
Chicago | Reuters –– U.S. wheat futures rose 1.6 per cent to their highest in nearly six weeks on Thursday on a round of short-covering after weakening overnight, traders said. Corn also firmed, extending its winning streak to five days. Strength in wheat lent support to the yellow grain while soybeans eased on a round […] Read more
U.S. grains: Soybeans firm on bargain buying
Chicago | Reuters — U.S. soybean futures rose 1.9 per cent on Wednesday on a round of bargain buying following three straight days of declines that pushed the benchmark contract to its lowest since mid-November, traders said. Corn futures rose for the fourth session in a row as investors staked out positions ahead of annual […] Read more
U.S. grains: Soybeans rise on export deal
Chicago | Reuters — U.S. soybean futures firmed on Friday, as a fresh export deal highlighted the robust overseas demand for the oilseed and also supported by lingering concerns about dry conditions in Argentina, traders said. Wheat futures were flat, retracing losses late in the session on a round of short-covering and worries about a […] Read more
U.S. grains: Soy firms on technicals
Chicago | Reuters — U.S. soybean futures rose on Thursday, turning higher after testing key technical support levels, traders said. Corn and wheat futures weakened on a mild round of profit-taking. Wheat, which also was pressured by a firm U.S. dollar, had risen for the previous five days while corn was coming off a four […] Read more
Canadian Cattlemen Presents: Depth of Field
