CBOT March 2019 corn futures, with March 2019 soybeans in red. (Barchart)

CBOT weekly outlook: Brazil, China drive U.S. commodities

With little data filtering out of the U.S. Department of Agriculture (USDA), news from Brazil and trade negotiations with China are currently driving futures contracts on the Chicago Board of Trade (CBOT). “It’s Brazilian weather over there and the Chinese negotiations, which sometimes are on and sometimes aren’t,” said Jack Scoville of Price Futures Group […] Read more












CBOT March 2019 soybeans, with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans sink on weak China trade data

Chicago | Reuters — U.S. soybean futures fell to a 1-1/2-week low on Monday on technical selling and on concerns about demand from China as the world’s top soy importer remains locked in a tariff war with the United States. Wheat also fell after Russia, the world’s top supplier, left its export forecast unchanged despite […] Read more