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

U.S. grains: Corn higher on wet weather forecast

Chicago | Reuters — U.S. corn futures rose about one per cent on Friday as wet weather forecast for the Midwest crop belt prompted short-covering, analysts said, while soybeans fell to multi-month lows. Wheat futures firmed slightly but still recorded a weekly decline as ample global supplies anchored the market. Chicago Board of Trade July […] Read more






File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)

Russian agricultural firms raided over suspected tax evasion

Moscow | Reuters — Meat producer Cherkizovo and farming conglomerate Rusagro were among agricultural firms across Russia targeted in a sweeping investigation into suspected tax evasion on Wednesday. The Tax Service said so far five potential breaches had been uncovered in inspections carried out with the Federal Security Service (FSB) at agricultural holdings across 13 […] Read more



CBOT April 2019 soybeans with 20- and 100-day moving averages. (Barchart)

U.S. grains: Soy edges higher after China sales

Chicago | Reuters — U.S. soybean futures edged higher on Wednesday as the government confirmed more soy purchases by China, but the market remained largely static as traders waited for a raft of U.S. crop data due on Friday, some of it delayed by the government shutdown. Corn futures eased for the first time in […] Read more

CBOT March 2019 soybeans with 20-day moving average. (Barchart)

U.S. grains: Soybeans hit two-week high

Chicago | Reuters — U.S. soybean futures climbed to a two-week high on Friday on worries about the size of Brazil’s crop and short-covering ahead of planned U.S.-China trade talks next week, traders said. Corn firmed, following strength in soybeans, while wheat drifted lower, pressured by news that a private forecaster had raised its estimate […] Read more