(Lisa Guenther photo)

CBOT weekly outlook: Short-term pre-harvest gains likely for corn, soy

CNS Canada — Soybean and corn futures at the Chicago Board of Trade (CBOT) have moved off their nearby lows in recent sessions, and should be due for some more strength in the short-term before seasonal harvest pressure kicks in. The U.S. Department of Agriculture released relatively bearish production estimates on Friday, predicting larger-than-expected U.S. […] Read more

(Bayer.com)

Monsanto reported giving Bayer limited access to its books

Frankfurt | Reuters — U.S. seed company Monsanto has given German suitor Bayer limited access to its books after turning down a sweetened US$64 billion takeover offer last month, two sources familiar with the situation told Reuters. The parties have not yet signed a non-disclosure agreement, which would allow Bayer to conduct due diligence, but […] Read more


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Exports support soybeans

Chicago | Reuters –– U.S. soybean futures rose to their highest in nearly four weeks on Wednesday on strong demand from China, the world’s top buyer of the oilseed, traders said. Corn and wheat futures posted mild gains on a round of short-covering. It was corn’s fourth positive close in a row. “We had some […] Read more




A Russian grain terminal at the Port of Novorossiysk on the Black Sea. (NMTP.info)

Lack of grain storage seen as record Russian crop looms

Moscow | Reuters — Russia is facing a lack of grain storage as it remains on track to produce the largest cereals crop in post-Soviet history, the head of Russia’s Grain Union, a non-government farmers’ lobby group, said Tuesday. Arkady Zlochevsky, the head of the union, told a briefing in Moscow he expected a grain […] Read more


(DonaldJTrump.com)

Trump names six U.S. governors as ag advisors

Chicago | Reuters — U.S. Republican presidential nominee Donald Trump named 64 agriculture policy advisors on Tuesday, including the governors of Iowa and five other farm states and a former federal agriculture secretary. The announcement came as Trump, a New York businessman seeking his first elected office, looks to improve his standing among voters, particularly those […] Read more