Chicago | Reuters — Chicago wheat, corn and soybean futures firmed on Wednesday, supported by weather conditions in South America that hamper rival exports, though higher-than-expected U.S. supplies limited gains. […] Read more
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Tag Archives brazil
U.S. grains: Chicago wheat, corn, soy firm on WASDE report
South America's weather drags on competing exports
CBOT weekly outlook: Weather outweighs U.S. Fed rate hike announcement
'People are returning to the Argentine situation'
MarketsFarm — Week-long rallies for grain futures on the Chicago Board of Trade (CBOT) were disrupted by the U.S. Federal Reserve’s latest key interest rate announcement on Wednesday. The Fed […] Read more
Beef consumption to rise in China, JBS predicts
China seen as more competitive in domestic chicken, pork markets
Sao Paulo | Reuters — Demand for beef in China is expected to rise as the country still has relatively low per capita consumption, Gilberto Tomazoni, chief executive of JBS […] Read more
U.S. grains: Soy sags as Brazil’s harvest looms
Wheat mixed, corn ends firm
Chicago | Reuters — U.S. soybean futures fell about one per cent on Wednesday as traders focused on the expanding harvest of a likely record-large soy crop in Brazil and […] Read more
U.S. grains: Corn, soybeans surge after USDA cuts 2022 harvest view
Brazil's CONAB projects big corn crop, record soy crop
Chicago | Reuters — U.S. corn and soybean futures rallied on Thursday after the U.S. Department of Agriculture (USDA) unexpectedly cut its 2022 harvest estimates for both crops, which would […] Read more
ICE weekly outlook: Canola trade’s focus on South America
Canola still entrenched in $800-$900 range
MarketsFarm — ICE Futures canola contracts held relatively rangebound during the week ended Wednesday, looking for some direction to push values one way or the other. “We’re just watching South […] Read more
CBOT weekly outlook: South America’s dry weather affecting soy complex
'We’re back to trading weather right now'
MarketsFarm — The U.S. Department of Agriculture’s world agricultural supply and demand estimates (WASDE) report last week is taking a back seat to drought concerns in South America, according to […] Read more
CBOT weekly outlook: Renewed agreement puts pressure on corn, wheat
Soy trade focused on Brazil's crop potential
MarketsFarm — A renewed agreement between Russia and Ukraine to allow the latter’s grain to be shipped out of the Black Sea has recently been putting pressure on corn and […] Read more
Cordonnier stands pat on South American crop projections
La Nina 'is still out there,' analyst says
MarketsFarm — At this point in the South American planting season it’s too early to get an accurate bead as to how much corn and soybeans will be grown in […] Read more
Brazil moves closer to China corn exports as Beijing approves traders
Beijing/Sao Paulo | Reuters – Chinese customs updated its list of approved Brazilian corn exporters on Wednesday, a move a Brazilian agriculture official said could jumpstart sales of corn to the world’s […] Read more