Beijing | Reuters — China will step up buying of domestic soybeans by state reserves to encourage farmers to keep planting the crop, the agriculture ministry said on Thursday, as […] Read more
Soybeans
China to buy more homegrown soybeans for reserves
State-owned firms urged to prioritize domestic soy
ICE weekly outlook: No floor in sight for overdone canola
'A lot of money playing around in canola right now'
MarketsFarm — The ICE Futures canola market was in freefall mode through the first half of March, hitting its weakest levels in over a year. While the losses may be […] Read more
CBOT weekly outlook: ‘Crazy times’ on the markets
U.S. stock markets, crude oil under pressure
MarketsFarm — Macroeconomic factors caused plenty of distress on the Chicago Board of Trade (CBOT) for the week ended Wednesday. Already dealing with whether the U.S. Federal Reserve will continue […] Read more
U.S. grains: Chicago wheat, corn up on Chinese demand, Black Sea outlook
Soy dips on sharp fall in stock, oil markets pressure
Chicago | Reuters — Chicago wheat and corn futures closed higher on Wednesday on strong demand from China and uncertainty over a Black Sea grain export deal as a deadline […] Read more
Argentina soybeans go from ‘worse to worser,’ expert says
Heatwave now crisping early-planted crops
MarketsFarm — Extreme heat and drought throughout most of Argentina have taken a huge toll on that country’s soybean crop. Dr. Michael Cordonnier of Soybean and Corn Advisor said the […] Read more
U.S. grains: Wheat, corn rally from multi-month lows
Ukraine corridor talks eyed
Chicago | Reuters — U.S. wheat and corn futures rose on Tuesday, rebounding from multi-month lows set last week, as Wall Street equity markets turned higher and signs of fresh […] Read more
U.S. grains: Wheat slightly rebounds; corn, soy dip
Market volatility over banking sector hits grains prices
Chicago | Reuters — Chicago grains see-sawed on Monday, piggybacking on U.S. stocks that were spooked by global economic concerns after the tech-focused lender Silicon Valley Bank collapsed. The most-active […] Read more
Canola crush of 2022 smallest in five years
Meanwhile, soybean crush rose on the year
MarketsFarm — Statistics Canada (StatCan) reported that 2022 had the smallest domestic canola crush for a calendar year since 2017. As well, 2022 marked the smallest canola oil production in […] Read more
Confirmation of large canola short position slowly appears
CFTC data flow slowly resuming
MarketsFarm — The size of the fund short position in canola rose in February and likely grew even larger in March, as weekly Commitments of Traders data slowly trickles out […] Read more
U.S. grains: Wheat, corn get boost off weaker dollar after multi-month lows
Expectations grow for Black Sea deal extension
Chicago | Reuters — Chicago wheat futures closed higher on Friday, boosted by a weaker U.S. dollar, after hitting a 20-month low, while corn futures rose from a seven-month low. […] Read more
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