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No need for more U.S. farm aid after China deal, Perdue says

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Reading Time: 2 minutes Austin | Reuters — With China poised to increase purchases of U.S. agricultural goods this year as part of a Phase One trade deal, the U.S. agriculture secretary said on Monday there is no need for a third year of trade-related aid for farmers. Farmers have increasingly relied on aid from the U.S. government to […] Read more
Crops, Markets

U.S. grains: Soy, corn, wheat rise for fourth straight day

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for the fourth session in a row on Tuesday, hitting their highest level since Nov. 8, following the soyoil market’s rally to its highest in nearly two years, traders said. Corn and wheat futures also extended their winning streaks as funds unwound bearish bets on hopes for […] Read more
Crops, Markets

U.S. grains: CBOT corn, soy, wheat rally after trade deal

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat, corn and soybean futures rallied on Monday, bolstered by hopes for improving export prospects due to increased demand from China and decreased competition from Argentina, traders said. Wheat notched the biggest gains, with the most-active Chicago Board of Trade soft red winter wheat contract surging 3.2 per cent to […] Read more
Crops, Markets

U.S. grains: Profit-taking pressures soybeans

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Wednesday as investors took profits after six days in a row of price increases, while wheat and corn sank on technical selling. Traders shrugged off news of the largest soybean sale to China in more than eight months, in the absence of fresh signs of a […] Read more
Crops, Markets

U.S. grains: Soy futures follow rally in soymeal

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Thursday for the third straight day, led higher by strength in the soymeal market stemming from news that an Argentine soy crusher was experiencing financial stress, traders said. Corn futures ended lower after trading close to unchanged for much of the day, while wheat dropped on […] Read more
Crops, Markets

U.S. grains: Soy rises on trade hopes

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Wednesday, buoyed by renewed optimism about a U.S.-China trade deal as well as some bargain buying, traders said. Corn futures were lower, giving up early gains on technical selling, while wheat futures firmed after two days of sharp declines. Investors were reassured by a Bloomberg report […] Read more
Crops, Markets

U.S. grains: Wheat futures drop sharply

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures sagged 1.8 per cent on Tuesday, the biggest percentage loss for the most-active contract in two months, on a round of profit-taking and technical selling, traders said. U.S. corn futures closed narrowly mixed, with nearby contracts weighed down by the drop in […] Read more
Crops, Markets

U.S. grains: Corn futures firm on technical buying

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures firmed on Monday, edging up to their highest in nearly a month on a round of technical buying despite signs of poor demand, traders said. Soybean futures fell, with traders waiting for concrete signs of progress in trade negotiations between the U.S. and China before buying into a […] Read more

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