CBOT August 2019 soybeans, with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans slide in post-holiday markets

Chicago | Reuters — U.S. soybean futures settled down almost two per cent on Friday, pressured by relatively ample U.S. stockpiles as traders shrugged off support from strong weekly export sales. Analysts attributed the weakness in futures to improved U.S. crop weather and uncertainty about demand for U.S. soybeans, given large carry-over supplies from the […] Read more


ICE July 2019 canola (candlestick chart) compared to CBOT July 2019 corn (line). (Barchart)

ICE weekly outlook: All eyes on King Corn

MarketsFarm — ICE Futures canola contracts trended lower over the past two weeks and could have some more room to the downside before eventually returning higher with summer weather markets and expected strength in Chicago corn futures. The November canola contract settled at $450.40 per tonne on Wednesday. The contract could have another $5-$10 to […] Read more

CBOT September 2019 soybeans (candlesticks) compared to September corn (line). (Barchart)

CBOT weekly outlook: USDA report leaves trade unsteady

MarketsFarm — Chicago Board of Trade markets were volatile following Friday’s U.S. Department of Agriculture’s acreage report, which saw more corn acres and fewer soybeans than expected. “We had a sharp break, but now we’re starting to recover a bit,” said Steve Georgy, president of Allendale Inc. in Illinois. USDA’s next world agriculture supply and […] Read more



CME August 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs end down, live cattle up

Chicago | Reuters –– Chicago Mercantile Exchange (CME) lean hog futures closed lower on Wednesday on technical selling including profit-taking and long liquidation ahead of the U.S. Independence Day holiday, along with bearish supply fundamentals, traders said. CME’s benchmark August lean hogs contract ended down 0.6 cent at 78.375 cents/lb., turning lower after rising to […] Read more



CBOT November 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soy ease on warmer weather

Chicago | Reuters — Chicago soybean, corn and wheat futures all settled down on Monday after early strength, as outlooks for improved U.S. weather boosted crop production prospects, analysts said. The August soybean contract on the Chicago Board of Trade settled down 14-3/4 cents at $8.89-3/4 a bushel and new-crop November settled down 14-1/2 cents […] Read more


CME August 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hogs up on trade hopes, falling corn prices

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rose on Monday on a mix of technical buying, falling corn prices and muted optimism about the weekend resumption of U.S.-China trade negotiations, traders said. “Lean hog futures (received) support from hopes of more Chinese buying after weekend talks went well,” INTL FCStone chief […] Read more

Syngenta’s headquarters in Basel, Switzerland. (Photo courtesy Syngenta)

Chinese envoy says Syngenta takeover was a bad deal

Zurich | Reuters — Beijing’s ambassador to Switzerland said ChemChina’s US$43 billion takeover of seed and agrochemicals firm Syngenta was a mistake, adding he would have tried to stop the 2017 deal had he been in Bern at the time, a newspaper reported in an interview on Saturday. “If I had been the ambassador a […] Read more