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CBOT weekly outlook: Soybeans wait on China news

CNS Canada — Soybean futures at the Chicago Board of Trade started 2019 on a firm note, bouncing higher on rumours of fresh Chinese buying interest. However, with the U.S. government still in partial shutdown mode, confirmation of that business was lacking and additional advances remain questionable. “We’re basically buying the rumour at this point,” […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Corn, soybeans may have seen low point for now

CNS Canada — Agricultural markets throughout North America continue to weather a storm of tariffs and uncertain political interventions — and from where one trader sits, prices for corn and soybeans may have seen their low points. “We have gotten back down to recent lows in corn while beans have gotten cheap again,” said Brian […] Read more






(Nufarm.com)

Nufarm to shut Calgary herbicide plant

Crop chemical manufacturer Nufarm plans to make its North American business more “cost-effective” by shutting its plant in Calgary and shipping the production work to Chicago. The “rationalization” in Calgary, expected to be complete by next fall, “will allow us to increase flexibility, reduce complexity and more efficiently utilize our facilities,” Nufarm manufacturing group executive Elbert […] Read more