The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

CBOT weekly outlook: Trio of events loom over U.S. soybeans, corn

The trade's initial reaction to the re-election of former United States President Donald Trump was bearish for soybeans and corn on the Chicago Board of Trade on Nov. 6. Meanwhile, the U.S. Federal Reserve's interest rate announcement on Nov. 7 and the U.S. Department of Agriculture's supply and demand report on Nov. 8 are likely to have a bullish effect on those commodities, said Allendale Inc. president Steve Georgy.






Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: Grains, soybeans ease after rallies on weather and Middle East instability

Chicago | Reuters — Chicago wheat and corn futures dipped on Thursday on technical trading after surging to June highs this week. Wheat had climbed to a 3-1/2-month peak as traders monitored drought in the important Black Sea region and signs of possible Russian export caps. Corn exceeded a three-month peak on Wednesday, underpinned by […] Read more







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ICE Weekly: Canola market suddenly in a very bad position

China caused a great deal of turmoil in the canola market on Sept. 3, leading prices to tumble on the Intercontinental Exchange. To senior market analyst Mike Jubinville of MarketsFarm, China dramatically changed canola’s outlook in fell swoop. The Chinese government announced that it was launching an investigation into alleged canola dumping by Canada. This […] Read more