Chicago | Reuters — U.S. soybean and corn futures fell on Tuesday on improving harvest weather in the Midwest crop belt and some profit-taking a day after both commodities neared two-month highs, traders said. Wheat followed the weak trend after a choppy session. Chicago Board of Trade November soybeans settled down 6-3/4 cents at $8.84-3/4 […] Read more
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U.S.-China trade dispute continues to hold down soybean prices
Most of Ontario’s cropping region received 20 to 30 millimetres of precipitation over the past two weeks. Corn and soybeans…
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Soybean price continues to be pressured
Ontario cropping regions received above normal precipitation over the past 30 days, enhancing crop development for corn and soybeans. The…
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Watch for stronger commodity sales opportunities during the fall period
The grain and oilseed markets are digesting the Aug. 10 United States Department of Agriculture (USDA) report. U.S. corn and…
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USDA forecasts record U.S. soy stockpile as trade war roils exports
Washington/Reuters – U.S. soybean supplies were forecast to rise to the highest ever as a trade war with China, the…
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Corn market remains bleak due to good U.S. growing conditions, despite lower stocks
The June 27 USDA report showed that U.S. farmers planted more corn, soybeans and spring wheat. The recent Statistics Canada…
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Editorial: Politics and the markets
The advent of the age of geopolitics based on whim and emotion has pressured agricultural commodities in ways I haven’t…
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Stories from our other publications
U.S. grains: Soy, corn retreat from highs on improving weather
U.S. Senate will not vote on USMCA in 2018, McConnell says
Washington | Reuters — The U.S. Senate’s top Republican said on Tuesday that senators will not vote to approve a revised North American trade pact in 2018, leaving the issue to the next Congress. Senate majority leader Mitch McConnell told Bloomberg Television that the Senate will not have time to take up the new United […] Read more
Pulse weekly outlook: U.S. beans seen on rise for 2019
CNS Canada –– The acreage shift that played out between chickpeas and dry edible beans this year will shift again next year, Brian Clancey of marketing agency Stat Publishing predicts. Several factors lead him to that conclusion, he said. Canadian growers ship large numbers of beans and chickpeas to the U.S., and the production and […] Read more
Farm Forum Event under new management
The company behind Canada’s two biggest outdoor farm shows is expanding to the great indoors as the new operator of another well known Canadian farm industry event. Glacier FarmMedia announced Monday it has acquired and will assume management of the Farm Forum Event, an annual professional development event for farmers, starting with its 20th anniversary […] Read more
Expanding E15 sales would have limited U.S. market impact, analysts say
Chicago | Reuters — The Trump administration’s plan to allow year-round sales of higher-grade corn ethanol would have limited impact on the depressed U.S. ethanol market, with record supplies and prices for the fuel hovering near the lowest in a decade, analysts said. President Donald Trump announced the decision last week ahead of a campaign […] Read more
Klassen: Stronger demand supports feeder market
Western Canadian feeder cattle markets jumped $2-$5 last week, after adverse weather caused buyers to shy away earlier in October. Major feedlot operators were very aggressive on quality yearling packages and heavier weaned vaccinated calves. Many operations have limited ownership at this time of year because wet, cold weather conditions delayed purchases. The market appeared […] Read more
Grain firms Andersons, Lansing to merge
The two U.S. grain firms that jointly own Ontario grain handler and processor Thompsons Ltd. are taking their relationship to the next level. Ohio-based grain handling and processing firm The Andersons, Inc. announced Monday it has signed a deal with Lansing Trade Group (LTG) for the remaining 67.5 per cent of LTG it doesn’t already […] Read more
U.S. livestock: Hogs surge on cash price optimism
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures soared as much as three per cent on Monday in bull-spreading linked to hopes of stronger U.S. cash hog prices and fears of African swine fever spreading in top pork consumer China, traders said. The gains came after China reported an African swine fever case […] Read more
U.S. grains: Soybeans rally on slow harvest pace, quality concerns
Chicago | Reuters — U.S. soybean futures jumped 2.8 per cent on Monday on poor Midwest harvest conditions, coupled with reminders of strong domestic crushing demand and signs of U.S. soy cargoes headed to China, analysts said. Corn and wheat followed the firm trend. Chicago Board of Trade November soybean futures settled up 24 cents […] Read more
U.S. grains: Crop forecasts lift corn, soy for second day
Chicago | Reuters — U.S. soybean futures rose for a second straight session on Friday on short-covering and follow-through buying after a government report the prior day forecast a smaller-than-expected U.S. harvest. Corn also advanced after the U.S. Department of Agriculture (USDA) unexpectedly cut its U.S. corn yield outlook in a monthly report on Thursday […] Read more
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