U.S. wheat futures sank to contract lows on Monday on expectations that more rain will hit dry growing areas of the Plains after beneficial showers over the weekend, analysts said.
Wheat
U.S. grains: Wheat futures set contract lows on forecasts for beneficial US rain
Higher deliveries in most grains; Canola drops back March to March
Canola drops back March to March
There were several increases in the producer deliveries major grains report for March compared to a year ago, according to Statistics Canada on April 28. However, there were notable decreases in canola and rye from March to March.
U.S. grains: Soybeans weaken on positioning, China’s tariff talk denials
Chicago soybeans fell down after multiple days of advances on Friday as many traders exited the market on positioning and news that China was denying claims by U.S. President Donald Trump that the two countries are in tariff talks.
CWRS bids dip with U.S. futures, CPSR firm
Spring wheat prices for week ended April 24
Hard red spring wheat bids in Western Canada moved lower during the week ended April 24, but other wheat varieties held firm despite losses in the United States futures.
U.S. grains: Soybeans gain strength as investors hope for more demand outside China
Chicago soybean futures rose for a fourth session on Thursday to hold at a two-month high as the potential for demand outside of China appeared to be rising, and comments by U.S. officials on a possible de-escalation in the trade standoff with that country continued to lend some support to the oilseed market.
Feed Grain Weekly: Prices rise on seasonality
C$3 to C$5/tonne weekly increases reported
Feed prices in the Lethbridge area during the week ended April 24 were slightly higher as growers get deeper into springtime.
Chinese influence is alternating trade flows for wheat
Unlike the U.S., China has not imposed tariffs on developing countries in the global south, cementing its position as the trade leader for these countries
China has a strategic long term plan when it comes to the trade war. The top 20 developing countries in the world are in the global south. This includes the Middle East, North Africa, Asia Pacific and sub-Sahara Africa. Last year, China announced zero tariffs on these developing countries in the global south which cemented its position as the trade leader for these countries. You guessed it, these regions are all major wheat importers and with the Chinese influence, they are not looking at the U.S. any longer for food security.
CBOT Weekly: Planting pace outweighs Trump comments
Rapid planting paces for major U.S. crops outweighed President Donald Trump's comments on trade with China at the Chicago Board of Trade during the week ended April 23.
U.S. grains: Soybeans jump on hopes of easing US-China trade tensions
Soybean prices rose to a two-month high on Wednesday, underpinned by expectations of a de-escalation in the U.S.-China trade conflict, while wheat and corn futures ticked lower.
U.S. grains: Chicago soybeans get a technical bounce, corn and wheat ease
Chicago soybean futures bounced on Tuesday while corn and wheat eased as broader financial markets recovered from a day-earlier slide and the dollar held near a multi-year low.
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