(Dave Bedard photo)

China signals to state giants: ‘Buy American’ oil and grains

Singapore/Beijing | Reuters –– China will import record volumes of U.S. oil and is likely to ship more U.S. soy after Beijing signalled to state-run refiners and grains purchasers they should buy more to help ease tensions between the two top economies, trade sources said on Wednesday. China pledged at the weekend to increase imports […] Read more









Hard white winter wheat growing in North Carolina in 2010. (Dave Marshall photo courtesy ARS/USDA)

U.S. grains: Wheat futures jump

Chicago | Reuters — U.S. wheat futures rallied on Friday, with the benchmark Chicago Board of Trade soft red winter wheat contract surging 4.1 per cent on forecasts for dry conditions that could further stress an already damaged crop. The weather outlook also threatened to slow planting progress in the U.S. Midwest, which was supportive […] Read more