CNS Canada — Soybean futures at the Chicago Board of Trade posted solid gains over the past month on the back of weather concerns in Argentina. While there’s more room […] Read more
Tag Archives argentina
CBOT weekly outlook: Soy faces bullish charts, bearish fundamentals
U.S. grains: Soybeans rise as drought withers crops in Argentina
Chicago | Reuters — U.S. soybean futures on Wednesday rose for the sixth time in seven sessions on expectations that a drought-reduced crop in Argentina would buoy demand for U.S. […] Read more
U.S. grains: Soymeal rally lifts soy, corn
Reuters — U.S. soybean meal futures jumped to their highest level since July 2016 on Tuesday as a drought kept the heat on crops in Argentina, the world’s top exporter […] Read more
Canada to seek Mercosur trade pact amid NAFTA uncertainty
Ottawa | Reuters — The Canadian government plans to open free trade talks with the four-nation Mercosur trading bloc in South America, an official said on Friday, at a time […] Read more
U.S. grains: Soy falls on profit-taking
Chicago | Reuters — U.S. soybean futures fell from their highest since late July on Friday as traders locked in profits from this week’s weather-driven rally. Soymeal futures were mixed, […] Read more
U.S. grains: Soy, wheat rise on weather concerns
Chicago | Reuters — U.S. soybean futures rose on Thursday to their highest level since July 25 as an ongoing drought in key exporter Argentina underpinned prices. Soymeal futures, which […] Read more
ICE weekly outlook: Canola hits resistance
CNS Canada — ICE Futures Canada canola contracts moved higher over the past week, but may be running into resistance to the upside. “I’m sensing that canola is at the […] Read more
CBOT weekly outlook: Soy trade watching soymeal commitments
CNS Canada — Soybeans on the Chicago Board of Trade continue to climb on charts due to worries over dry soil conditions in Argentina and strength in soymeal — but […] Read more
U.S. grains: Argentine weather underpins corn, soy
Chicago | Reuters — U.S. corn and soybean futures firmed on Wednesday, stabilizing near recent highs on persistent concerns about dry weather in Argentina hurting crops as they pass through […] Read more
USDA lowers U.S. corn stocks view as exports rise
Washington | Reuters — Surging export demand for U.S. corn will cut into domestic stockpiles of the grain by more than expected, the U.S. Agriculture Department said on Thursday. But […] Read more
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