Soybeans and corn on the Chicago Board of Trade are heading toward a weather market, said Sean Lusk, vice-president of Walsh Commercial Hedging in Chicago. The move comes after two reports from the United States Department of Agriculture issued on June 30.
Markets — page 9
CBOT Weekly: Turning towards a weather market
Area, stocks reports have little influence
Manitoba crops advancing nicely despite below normal moisture
About 50 to 70 per cent of normal precipitation
Crops in Manitoba continue to develop at a good pace despite a lack of rainfall in some parts of the province, reported Manitoba Agriculture on July 2.
U.S. grains: Corn and soy climb on bargain buying, positioning ahead of holiday weekend
U.S. grain and soybean futures rose on Wednesday in a bargain-buying and technical advance after recent declines and ahead of the Independence Day holiday weekend, with U.S. markets closed on Friday.
U.S. grains: Soy futures end mixed; corn and wheat sag after USDA reports
Chicago Board of Trade soybean futures ended mixed on Monday, with nearby contracts under pressure after quarterly stocks data from the U.S. Department of Agriculture showed larger-than-expected supplies as of June 1, analysts said.
Pulse weekly: U.S. pulse area up in 2025
Stocks also higher
Farmers in the United States expect to grow more pulses in 2025, with areas planted to peas, lentils, chickpeas and edible beans all up on the year in the latest acreage data from the U.S. Department of Agriculture, released June 30.
U.S. livestock: Cattle futures climb, hogs fall
Chicago cattle futures rose to start the week while hogs fell back.
USDA lowers soybean/corn acreage estimates, wheat up from March
Quarterly stocks data also out
Farmers in the United States planted slightly less soybeans and corn than earlier intentions in 2025, according to updated acreage data from the U.S. Department of Agriculture released June 30.
Klassen: Feeder market eyes deferred delivery prices
For the week ending June 28, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. Volumes moving through the ring were limited and the quality was quite variable.
U.S. livestock: Cattle futures up on higher wholesale prices, buying interest
Chicago Mercantile Exchange cattle futures ended higher on Friday under support from stronger wholesale boxed beef prices and buying interest, though concerns over waning consumer demand for beef continued to linger over the market, analysts said.
U.S. grains: Chicago corn, soybeans recover from multi-month lows
Chicago corn and soybean futures rose on Friday from multi-month lows, supported by short covering and a weakening dollar, analysts said.
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