Soybeans Archives | Canadian Cattlemen

U.S. farmers expected to get third and final tranche of trade aid

By Reuters January 16, 2020

Washington | Reuters — U.S. Agriculture Secretary Sonny Perdue said he expected the federal government to pay farmers a third and final tranche of 2019 trade aid a day after an initial deal with China was signed, Bloomberg reported on Thursday. Washington and Beijing signed the Phase One pact on Wednesday, setting trade tensions between […] Read more

General, Markets, Reuters

Trade deal will not affect China’s other ag suppliers, Liu says

By Hallie Gu, Shivani Singh January 16, 2020

Beijing | Reuters — China’s other suppliers of agricultural commodities will not be impacted by the Sino-U.S. trade deal since buying will be based on market principles, Vice-Premier Liu He said, according to a report from state-owned CCTV on Thursday. Liu was speaking on Wednesday at a press briefing after signing the Phase One trade […] Read more

Crops, Markets

CBOT weekly outlook: Trading cautious on Phase One pact

By Marlo Glass – MarketsFarm January 15, 2020

MarketsFarm — Though China and the United States signed their Phase One trade deal on Wednesday, commodity markets remained “extremely cautious,” according to one analyst. Prices were muted at midday following a signing ceremony at the White House, due to the lack of public details regarding the deal. The market is “preparing for disappointment,” according […] Read more

General, Markets, Reuters

‘Market condition’ caveat on U.S. ag purchases adds to Phase One doubts

By Reuters January 15, 2020

Chicago | Reuters — China’s pledge to buy U.S. farm goods based on “market conditions” during the Phase One trade deal signing ceremony on Wednesday added to doubts among farmers and commodity traders over the lingering tariffs on U.S. exports. The agreement, meant to reduce tensions after nearly two years of a tit-for-tat tariff war, […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola stronger at midweek

By Marlo Glass – MarketsFarm January 8, 2020

MarketsFarm — Canola was “well supported” at midweek, bolstered by strength in comparable vegetable oils and relative weakness in the Canadian dollar. Chicago soy was underpinned by strong export demand and the expectation that the U.S. and China will sign Phase One of their trade deal next week. However, with heightened geopolitical tension in the […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: 2019 ends on high note

By Glen Hallick - MarketsFarm January 8, 2020

MarketsFarm — Despite a number of tough challenges in 2019, one broker at the Chicago Board of Trade said the year ended on a high note. “For what we went through with China this whole year, this trade war, you had corn, wheat and soybeans close higher for the year on Dec. 31,” said Scott […] Read more

Crops, Markets, Soybeans

Argentine soybeans facing tax increases

By Glen Hallick - MarketsFarm January 8, 2020

MarketsFarm — Not many major divergences can be seen between the U.S. Department of Agriculture’s data (USDA) on Argentina’s soybean crop and data from the department’s attaché in Buenos Aires. What may bring changes to the country’s soybean industry are tax increases imposed by the new federal government, according to Benjamin Boroughs, the USDA attaché. […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola could break out of range

By Glen Hallick - MarketsFarm January 2, 2020

MarketsFarm — With canola now near the top end of its range, prices could break out of being rangebound in the next several days, according to an analyst. Canola has made gains over the last month or so, largely due to spillover from increasing prices for soyoil on the Chicago Board of Trade. Soyoil has […] Read more

Crops, Markets

CBOT weekly outlook: Trade optimistic ahead of Phase One signing

By Marlo Glass – MarketsFarm January 2, 2020

MarketsFarm — Agriculture commodities on the Chicago Board of Trade started the decade on a high note, thanks to general optimism regarding an impending trade deal between the U.S. and China. Phase One of the trade deal between the two countries is set to be signed at the White House on Jan. 15, according to […] Read more

Crops, Reuters, Soybeans

China eases customs curbs for soy imports through northern border

By Reuters January 2, 2020

Beijing | Reuters — China has eased customs regulations on imports of soybean through some northern border checkpoints, the commerce ministry said, a move that could smooth the way for shipments from neighbours such as Kazakhstan, Russia and perhaps Ukraine. The changes come as China looks to diversify soybean imports amid trade tension with the […] Read more

U.S. livestock: Cattle set multi-month lows as virus fears hit markets

U.S. grains: Soybeans hit six-week low as China virus sparks selling

Nestle to source plant proteins from Winnipeg

GFM Network News