CBOT July 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat nears two-month low on export competition

Corn, soybean futures also sag

Chicago | Reuters — U.S. wheat futures slid to a near two-month low on Wednesday, testing psychological support at the $5-per-bushel mark, pressured by forecasts for rising global grain supplies and strong export competition, analysts said. Soybean and corn futures also declined as a speedy U.S. planting pace supported expectations for large harvests. Traders shrugged […] Read more

A file photo of cattle mustering in Australia’s Outback. (Hypedesk/iStock/Getty Images)

Australia requests China trade talks over beef, barley

Sydney | Reuters — Australia’s trade minister is seeking urgent talks with his Chinese counterpart after key agriculture exports were hit with suspensions and tariff threats, but said Australia will continue to push for an inquiry into the COVID-19 outbreak. Trade minister Simon Birmingham requested a telephone call with Chinese commerce minister Zhong Shan after […] Read more


CBOT July 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn up despite USDA forecast for ballooning stocks

Soybeans drift lower; wheat weaker on improving crop weather

Chicago | Reuters — Chicago corn ended higher on Tuesday after the U.S. Department of Agriculture forecast U.S. corn stockpiles would top 3.3 billion bushels by the end of the 2020-21 marketing year, a 33-year high that nonetheless fell below an average of trade expectations. USDA’s forecast for 2019-20 corn ending stocks, at 2.098 billion […] Read more



CBOT July 2020 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans climb on Chinese buying ahead of crop report

Wheat wrestles with demand concerns, weather woes

Chicago | Reuters –– Chicago soybean futures climbed for a second session to a three-week high on Friday as Chinese buying underpinned prices and traders squared positions ahead of a supply and demand report due next Tuesday. Corn also rose on word China may increase agricultural buying to fulfill commitments laid out in January under […] Read more

CBOT July 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Futures rebound on Chinese buying, Midwest frost concerns

Freezing forecast raises concern about Midwest crops

Chicago | Reuters — U.S. grain and soybean futures prices rebounded on Thursday on renewed Chinese buying of corn and soy and as forecasts for sub-freezing temperatures across the country stoked concerns that some vulnerable crops may sustain damage. Gains, however, were tempered by plentiful supplies and worries about demand as traders started positioning ahead […] Read more





CBOT July 2020 soybeans with Bollimger (20,2) bands. (Barchart)

U.S. grains: Soybeans, corn end lower as demand flags

Wheat pressured by improved Northern Hemisphere weather

Chicago | Reuters — U.S. soybean futures settled lower on Wednesday, as continued weak demand due to the coronavirus epidemic and renewed U.S.-China trade tensions offset support from a flurry of commodity purchases by top importer China. Corn also slipped, following a pullback in crude oil, while wheat eased as beneficial rain for Northern Hemisphere […] Read more

CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle, hogs slide after three days of gains

"The workers are spooked to come to work"

Chicago | Reuters — U.S. cattle and hog futures retreated on Tuesday in a profit-taking setback after three sessions of gains that were fueled by rising meat prices and concerns about meat shortages as several packing plants have closed due to coronavirus infections among workers. Benchmark June lean hog futures corrected after gaining nearly 18 […] Read more