Chicago | Reuters — U.S. soybean futures turned higher on Monday after touching their lowest levels in over three weeks on expectations that domestic inventories will pile up due to a record harvest and the ongoing trade dispute with Beijing. Prices recovered from a 4.7 per cent selloff on Friday that was ignited by a […] Read more
Markets
Must Reads
-
Trade jitters dominate corn, soybean markets
The grain and oilseed futures markets are digesting the trade war between Washington and Beijing. In part because of retaliation…
-
Weather market erodes built-in risk premium
Grain and oilseed markets continue to absorb the trade rhetoric between Washington and Beijing. Late last week President Trump once…
-
Calmer U.S.-China relations have helped stabilize commodities markets
Grain and oilseed markets have been digesting a calmer tone between Washington and Beijing regarding tariffs. Quick look: Soybeans: Widening…
-
U.S. crop planting on schedule, but corn carry-out could still be tight
Grain and oilseed markets continue to digest northern hemisphere weather and crop conditions. Australia remains dry as farmers begin winter…
-
Organic commodity prices still hard to track
Solid information on organic crop pricing remains elusive, especially for the Canadian market. There are similar problems in the rest…
-
Eastern Canadian dairy quota cut
Dairy quota is being cut by 1.5 per cent in an effort to slow down growing milk production. The committee…
explore
Stories from our other publications
U.S. grains: Soy up from three-week low as record harvest looms
U.S. livestock: Cattle drop on weak cash markets, rising supply
Chicago | Reuters — U.S. cattle futures fell on Monday, weighed down by weakness in the cash market, traders said. Weekly slaughter estimates showed supplies up from a year ago and last week, adding pressure to the market. Hog futures were firm, supported by rising values for the pork cutout. Chicago Mercantile Exchange August live […] Read more
U.S. grains: Soybeans tumble as USDA sees record U.S. crop, huge yields
Chicago | Reuters – U.S. soybean futures dropped more than 4 percent on Friday after the U.S. Department of Agriculture (USDA) projected larger-than-expected crop yields in the United States and said U.S. and global stocks of the oilseed would swell to record highs. Corn and wheat prices also dropped as the USDA forecast a bigger average U.S. […] Read more
China expects its U.S. agricultural imports to fall sharply
Beijing | Reuters – China’s imports of U.S. agricultural products will fall sharply once Beijing implements retaliatory trade measures and the country is able to cover its demand for cooking oil and animal feed, vice agriculture minister Han Jun said on Friday. The trade dispute will have a limited impact on China’s agriculture sector, but hit its U.S. counterparts […] Read more
U.S. grains: Soybeans dip after weather-led gains ahead of USDA report
Chicago | Reuters – U.S. soybean futures retreated on Thursday after two sessions of gains in a profit-taking and position-squaring setback ahead of Friday’s U.S. Department of Agriculture monthly supply and demand report. Corn also slipped as traders moved to the sidelines ahead of the closely watched report, the first of the season to include field surveys […] Read more
Corn and soybeans sitting firm ahead of USDA report
CNS Canada – Corn and soybean markets at the Chicago Board of Trade have been strengthening ahead of Friday’s World Agricultural Supply and Demand Estimates report from the United States Department of Agriculture. “There’s been a lot of really big yield estimates we’ve been throwing around that people are starting to walk back a little […] Read more
U.S. livestock: Hog futures fall to new contract lows on heavy supplies
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures tumbled about 3 percent to fresh life-of-contract lows on Wednesday as cash hog and pork prices extended declines amid abundant supplies and worries of sagging demand, traders said. Most active October lean hog futures fell 1.575 cents to 48.400 cents per pound while front-month August […] Read more
U.S. grains: Soy firms on U.S. yield risk, hopes of renewed China trade
Chicago | Reuters – U.S. soybean and corn futures edged higher on Wednesday on declining crop conditions in the United States and forecasts for hot, dry weather in the western Midwest in the coming weeks. Soybeans drew additional support from rallying Chinese soy prices that signaled a possible resumption of buying by the world’s top […] Read more
Prairie pea market has more potential than lentils
CNS Canada – With limited uses for lentils, one market analyst sees more potential for the pea market in Western Canada. “On lentils we are really restricted to the edible market. Peas are an incredibly versatile product, so we’re using peas both for human consumption and they are quite usable for feed,” said Marlene Boersch, […] Read more
U.S. livestock: Feeder cattle fall on technical selling; hogs mostly lower
Chicago | Reuters – U.S. cattle futures fell on Tuesday, with feeder cattle easing about 2 percent on pressure from technical selling and abundant supplies, traders and analysts said. Lean hog futures also were mostly lower on the Chicago Mercantile Exchange, weighed down by declining prices for hogs in cash markets and lower wholesale pork […] Read more
×
MEMBERSHIP
Sign Up for Membership
Sign up for a FREE GFM Membership! Create equipment, weather, ag news, and commodity alerts that can be delivered via personalized newsletters to your device. Exclusive offers and access to our digital editions are available!
Register Using Your Social Account