Chicago Board of Trade soybean futures slipped on Tuesday, surrendering gains from the previous session as large South American supplies weighed on the market.
Wheat
U.S. grains: Grains and soy falter on large South American supplies
Most analysts expect USDA to lower its Brazil harvest estimate
Australia wraps up winter wheat/canola harvest
Production beats earlier forecasts, but are still down on the year
Australia’s winter harvest has wrapped up, with wheat and canola production beating earlier forecasts but still down on the year, according to the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).
U.S. grains: Soybeans and corn rise on bargain-buying after sharp falls
Brazil soy harvest running ahead of schedule compared to last year
U.S. soybean and corn futures rose on Monday on bargain buying and short-covering after hitting three-year lows recently, but plentiful supply from South America limited gains, analysts said.
Indian farmers plan to enter New Delhi to intensify protests
Thousands of demonstrating farmers with tractors are stuck at police barricades
Indian farmers are planning to escalate their protests from Wednesday by entering the capital New Delhi by bus and train, and increasing their numbers at border points that are currently blocked by tractors.
U.S. grains: Soybeans off 3-year low, but gain limited by global supplies
Slowing Chinese demand also weighs on prices
Chicago Board of Trade (CBOT) soybean futures turned higher on Friday on signs of bargain buying and short-covering, after hitting three-year lows the previous day, although sluggish exports and hefty global supplies continue to weigh on prices, traders said.
Prairie wheat weekly outlook: Prices for red wheat up, amber durum mixed
U.S. wheat complex also mixed; Canadian prices bolstered by dollar's drop
There were modest price increases for wheat on the Canadian Prairies during the week ended Feb. 29. However, as Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat edged up, prices for Canadian Western Amber Durum were mixed.
Canada, U.S. soybeans face reduced export demand
Prices are at a premium compared to product from South America
Statistics Canada released its Dec. 31 stocks report on Feb. 8. Ontario on-farm wheat stocks were lower than anticipated. The year-over-year increase in wheat production resulted in larger farmer selling. […] Read more
Commodity Classic day 1: Growers feel “blindsided” by dicamba ruling
Glacier FarmMedia– Day one of the 2024 Commodity Classic is in the books and a few interesting themes emerged from the annual gathering of U.S. corn, soybean, wheat and sorghum […] Read more
U.S. grains: Soybeans dip to new 3-year low in volatile trading day
Weekly soybean exports on lower end of expectations -USDA
Chicago Board of Trade soybean futures dipped on Thursday to a new three-year low, pressured by improving South American weather, tepid U.S. export sales and heavier-than-expected contract deliveries, traders said.
U.S. grains: Soybean futures rise from three-year low
Corn extends recovery; wheat futures fell
Chicago Board of Trade soybean futures settled higher on short-covering and technical buying on Wednesday as the market rebounded after the front-month contract matched a three-year low, analysts said.