U.S. grains: Corn soars on bargain buying

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures jumped 3.7 per cent on Friday, more than recovering from the prior day’s 3.1 per cent drop, buoyed by a mix of short-covering and expectations of increased export demand for U.S. supplies, traders and analysts said. Wheat and soybeans followed the firm trend. Chicago Board of Trade March […] Read more

U.S. farmers expected to get third and final tranche of trade aid

Reading Time: 2 minutes Washington | Reuters — U.S. Agriculture Secretary Sonny Perdue said he expected the federal government to pay farmers a third and final tranche of 2019 trade aid a day after an initial deal with China was signed, Bloomberg reported on Thursday. Washington and Beijing signed the Phase One pact on Wednesday, setting trade tensions between […] Read more

U.S. grains: Corn, soy to one-month lows

Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and soybean futures hit one-month lows on Thursday and wheat futures followed amid doubts about whether China will make the purchases from the United States promised in a trade deal between the two countries, analysts said. Chicago Board of Trade March corn futures tumbled three per cent, settling down […] Read more

U.S. livestock: CME hogs slide on Phase One uncertainty

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) fell about 1.5 per cent on Thursday, joining a broad sell-off in agricultural futures that traders attributed to fund selling and uncertainty about the details of a U.S.-China trade agreement signed a day earlier. China agreed to increase purchases of U.S. […] Read more



ICE weekly outlook: Canola off highs, rangebound

Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts tested long-time chart resistance during the week ended Wednesday, but failed to break higher and retreated to hold rangebound overall. The Phase One trade deal signed Wednesday between the U.S. and China failed to give the grain and oilseed markets a boost, as the vague details of the actual […] Read more


U.S. grains: Soybeans sag despite China trade deal signing

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to a one-month low on Wednesday even as U.S. President Donald Trump signed a “Phase One” trade deal with China, the world’s top soy importer, reflecting traders’ uncertainty about the terms of the pact. Corn followed soybeans lower, but wheat futures surged to their highest in more […] Read more



U.S., China reset trade relationship with Phase One agreement

Reading Time: 2 minutes Washington | Reuters — The United States and China announced an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. goods and services, defusing an 18-month conflict between the world’s two largest economies. Beijing and Washington have portrayed their “Phase One” agreement as a momentous step after […] Read more