Chicago Board of Trade soybean and corn futures edged higher on Tuesday as traders adjusted positions and moved to the sidelines while awaiting results from the U.S. presidential election.
Corn
U.S. grains: Soybeans, corn creep higher as traders await US election results
Canola speculative short position smallest in year
Speculators were busy covering short positions and moving more money to the long side of the canola market during the week ended Oct. 29, taking the net short position in the oilseed to its lowest level in over a year, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Significant rainfall benefits wheat in Argentina’s southern farmland
Argentina's current wheat crop benefited from significant rainfall that fell over southern parts of the country's agricultural area at the weekend, the Rosario Grains Exchange (BCR) said in a report on Monday.
U.S. grains: Corn, soy futures advance on improved US export demand
Chicago Board of Trade corn and soybean futures rose on improved U.S. export demand, analysts said, as the Department of Agriculture confirmed more sales on Monday.
Brazilian soybeans/corn turn around, but jury out on Argentina
Things have been greatly improving for Brazilian soybean and corn crops, while the jury is still out for Argentina, said Michael Cordonnier of Soybean and Corn Advisor Inc. in Hinsdale, Ill.
Steady harvest strains grain infrastructure
Good weather has kept combines running from soybean to corn harvest across Ontario at quick pace
Ontario grain handlers are struggling under the faster-than-normal progression of soybean harvest into corn harvest. There are no reports of Ontario corn being stockpiled on the ground, but “with the vessel delays that we’ve seen at ports, there’s sometimes nowhere for the corn to go,” said Hensall Co-op grain originator and marketer Berkley Fedorchuk. “We’ll make things work as best we can.”
Trump’s tariffs would reorder trade flows, raise costs, draw retaliation
Iowa farmer Bob Hemesath is worried that U.S. agriculture will pay dearly if Donald Trump wins Tuesday's presidential election and makes good on a vow to swiftly impose a 60 per cent tariff on Chinese goods and at least a 10 per cent levy on all other imports.
U.S. grains: Corn ticks up on export demand, easing harvest pressure
Chicago | Reuters — Chicago corn futures ticked up on Friday as export demand for U.S. crops swelled and harvest pressure eased, analysts said. Soybean futures turned lower in choppy […] Read more
U.S. grains: Wheat futures lose ground as rainfall eases dryness
Chicago wheat futures turned lower on Thursday as rains hit drought-stricken areas of the U.S. Plains, traders said.
Feed Grain Weekly: Barley, corn in southern Alberta on par with each other
Feed barley and corn imported from the United States are currently trading at the same price into southern Alberta, said Lethbridge-based Darcy Haley, vice-president of Ag Value Brokers.
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