Chicago Board of Trade corn futures rose 1.3 per cent on Wednesday as uncertainty about crop prospects in South America and a setback in the dollar triggered a round of short-covering and lifted the benchmark corn contract Cv1 from three-year lows set last week, traders said.
U.S. grains: Corn up 1.3 per cent on South America weather worries, softer dollar
Wheat futures ended up 2.4 per cent on technical buying and weakness in the dollar
Explainer: Why are French farmers protesting?
Many farmers feeling pinched by costs, imports, environmental regulations and disregarded by French society
French farmers are blocking roads across the country to demand government action to address numerous grievances, as protests in the European Union's agricultural sector spread. Here are some of the issues that have prompted the growing protest movement and how the government could respond.
U.S. grains: Soybeans rise in technical rebound; corn ends firm, wheat flat
Gains limited by sizable South American crops; doubts over Chinese demand hangs over market
U.S. soybean futures Sv1 rose for a second straight session on Tuesday on technical buying and short covering after notching multi-year lows last week, although lacklustre demand and improved crop weather in top exporter Brazil limited gains.
One dead, two injured as French farmer protests spread
Farmers union says road blocks won't be lifted until government action on economic, regulatory concerns
Protesting farmers blocked roads across France on Tuesday and there was one fatal accident, as their unions urged the government to ease its drive for lower consumer prices and reduce environmental regulations.
Accounting probe hits ADM as crop glut, lower margins point to tough 2024
ADM shares fell 24 per cent Monday as news of accounting issues broke
An investigation into accounting practices in Archer-Daniels-Midland's ADM.N Nutrition segment could not come at a worse time for the company as sinking crop prices look set to erode profit for its core grain trading and processing businesses this year.
China to encourage hog farmers to reduce capacity after price slump
Aggressive expansion in Chinese hog sector turns to mounting losses on demand downturn
China will "guide" farmers to reduce hog production capacity as it steps up regulation of the industry, the agriculture ministry said on Tuesday, after an aggressive expansion drive led to an oversupply of pigs and heavy losses.
U.S. grains: Soybeans rise, led by soyoil and crude oil; wheat up, corn choppy
Crude oil futures rose almost 2 per cent on supply disruptions, supporting soy
U.S. soybean futures climbed on Monday as soyoil futures jumped 2.7 per cent on short-covering and strength in crude oil, traders said.
France’s farmer lobby turns up heat on government before talks
French farmers have a long history of disruptive protests
French farmers' representatives threatened to expand protests on Monday before a meeting with government to address anger over price pressures, taxes and green regulation - grievances that are shared by farmers across Europe.
ADM CFO placed on leave, shares tumble on probe into nutrition unit,
The global grains merchant cut its 2023 profit forecast, delayed Q4 results on investigation into flagged transactions
Shares of Archer-Daniels-Midland ADM.N slid 16 per cent in early morning trade on Monday after CFO Vikram Luthar was placed on administrative leave as the company investigates certain accounting practices at its Nutrition segment.
U.S. grains: Corn futures decline for sixth week in a row
Short-covering, positioning and U.S. export demand advance corn and wheat Friday
U.S. corn futures lost ground for the sixth consecutive week and soybean futures declined the fifth week in a row after expectations for plentiful supplies pushed the markets to multi-year lows on Thursday.