U.S. soybean futures firmed on Wednesday as traders remained hopeful for progress in trade talks with top soy buyer China and on a Japanese proposal to increase U.S. soy purchases, deals that could help U.S. farmers avert major losses.
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U.S. grains: Soybean futures inch higher on China trade optimism
Tips for staying safe this harvest season
Tips for equipment safety during harvest
Kristin Hoffman of WSPS explains measures for increased farm safety around harvest season
CBOT Weekly: China, shutdown guiding the market
The United States grain and oilseed markets are currently dominated by two factors, said Ryan Ettner, broker with Allendale Inc. in McHenry, Ill. Ettner said those are the absence of a trade deal with China and the ongoing United States government shutdown.
China imports no US soybeans in September for first time in seven years
Brazil dominates China’s soybean imports with 85.2 per cent share
China imported no soybeans from the U.S. in September, the first time since November 2018 that shipments fell to zero, while South American shipments surged from a year earlier, as buyers shunned American cargoes during the ongoing trade dispute between the world’s two largest economies.
Rules-based trading system at risk of derailment, says UN chief
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The head of the United Nations said on Wednesday that the global trade system was facing major challenges due to tariffs, with developing countries worst affected.
Exploring Harvest Safety
Kristin Hoffman of WSPS explains measures for increased farm safety around harvest season
Trump urges U.S. cattle ranchers to lower prices as he touts tariffs
U.S. President Donald Trump is calling on cattle ranchers to lower prices
Bird flu cases increase across Europe, Japan
New bird flu outbreaks were reported in several European countries and Japan this week
Prairie spring wheat bids mixed
Spring wheat bids in Western Canada were mixed during the week ended Oct. 21, with losses in hard red spring wheat and gains in other classes.
Rules-based trading system at risk of derailment, says UN chief
The head of the United Nations said on Wednesday that the global trade system was facing major challenges due to tariffs, with developing countries worst affected.