Chicago soybean futures rebounded on technical buying on Thursday after plunging to a four-year low, while wheat fell to lifetime lows as a strong dollar added to concerns about competition from other exporting zones, traders said.
Markets/Business — page 63

U.S. grains: Soybeans rebound after sinking to a new four-year low

U.S. livestock: Cattle futures tick down on weak equity markets
Chicago Mercantile Exchange (CME) live and feeder cattle contracts slid on Thursday as weakness in equities, a strong dollar and technical trading pressured futures, analysts said.

AAFC adjusts monthly estimates, cites caution for canola exports
Impact of China's anti-dumping investigation unknown at this time
Agriculture and Agri-Food Canada adjusted its latest supply and demand estimates issued on Dec. 19. This followed the updated Statistics Canada figures from two weeks ago.

Feed Grains Weekly: Trump looms over Prairie feed market
Weaker Canadian dollar less of an influence
Currently, United States President-elect Donald Trump is more of an influence on Western Canadian feed grain prices than a weaker Canadian dollar said Brandon Motz of CorNine Commodities in Lacombe, Alta.

U.S. livestock: Cattle futures tip down on profit-taking
Chicago Mercantile Exchange (CME) cattle contracts slid on Wednesday as profit-taking, a stronger dollar and a selloff across agricultural commodities weighed on futures, analysts said.

ICE canola weekly outlook: U.S. biofuel uncertainty weighs
The ICE Futures canola market fell sharply lower during the week ended Dec. 18, as bearish technical signals and losses in the Chicago soy complex weighed on values.

CBOT Weekly: Chicago soy complex tumbles, grains weaken
A variety of factors caused the Chicago soy complex to fall at the Chicago Board of Trade during the week ended Dec. 18, 2024.

U.S. grains: Soybeans plummet to four-year low on Brazil crop outlook
Chicago soybean futures fell to a four-year low on Wednesday, pressured by bumper crop prospects in Brazil and a slide in soyoil prices after a proposed U.S. government spending bill failed to include support for biodiesel, traders said.

Investors and farmers are worlds apart
Lack of knowledge, few connections means not enough dollars flow into agriculture, say speakers
The insular nature of Canadian agriculture is one of its biggest innovation challenges, said speakers at a recent agriculture event. Growth will thrive when connections are made, collaborations are struck, and investors are found to put up the dollars needed to take a concept and make it reality, but there’s not enough of any of those things, according to speakers at Bioenterprise’s National Call to Action in Ottawa Nov. 25.

China to promote modernization of farms in pledge to stabilize grain output
China will accelerate the pace of agricultural and rural modernization and stabilize grain planting area in its quest to ensure stable and high production of grains, state media reported on Wednesday, citing an annual rural policy meeting.