Chicago | Reuters — U.S. soybean futures on Wednesday extended a rebound from a sharp drop earlier this week as investors anticipated changes to Argentine export taxes that could reduce […] Read more
Tag Archives argentina
U.S. grains: Soybeans bounce on chance of Argentina export limits
Coronavirus fears remain anchor on commodities prices
Argentina ag ministry suspends registration of exports
Buenos Aires | Reuters — Argentina’s ministry of agriculture suspended on Wednesday the registration of agricultural exports until further notice, it said in a statement, a move that traders said […] Read more
Chickpea market steady, waits for next wave of demand
MarketsFarm — Demand for chickpeas often comes in waves, with the market currently in a lull waiting for the next swell. The last demand cycle came in early January, and […] Read more
Bunge profit tops estimates on South American results
Chicago | Reuters — Agricultural commodities trader Bunge reported a stronger-than-expected quarterly profit on Wednesday as rising crop prices boosted farmer sales in South America and swelled margins in its […] Read more
Global export taxes affecting soybean markets
Export taxes are a significant part of Argentinian government spending
The United States Department of Agriculture and the department’s attaché in Buenos Aires differ widely on predictions for Argentina’s 2019-20 soybean ending stocks. Why it matters: Argentina is a significant […] Read more
Favourable growing conditions forecast for major ag regions
MarketsFarm — Canadian producers looking for challenging growing conditions elsewhere in the world to prop up commodity prices may be disappointed during the 2020 growing season. South America “If you’re […] Read more
U.S. grains: Wheat up, corn and soy down awaiting USDA data
Chicago | Reuters — U.S. wheat futures jumped on Thursday in a rebound from the market’s recent slide and soybeans and corn eased as investors squared positions ahead of an […] Read more
Argentine soybeans facing tax increases
MarketsFarm — Not many major divergences can be seen between the U.S. Department of Agriculture’s data (USDA) on Argentina’s soybean crop and data from the department’s attaché in Buenos Aires. […] Read more
U.S. grains: Soybeans, corn rise as traders adjust positions
Chicago | Reuters — U.S. soybean and corn futures ticked higher on Friday as traders adjusted positions ahead of the year-end holidays. Lingering uncertainty over demand prospects created by a […] Read more
U.S. grains: Soy futures ease on rains in South American forecasts
Reuters — U.S. soybean futures edged lower on Thursday, retreating from a five-week high touched earlier this week as traders expected rains to benefit rival suppliers in South America. Favourable […] Read more