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Tag Archives grain markets — page 21

Corn market remains bleak due to good U.S. growing conditions, despite lower stocks
Crops, Markets, Markets/Business

Corn market remains bleak due to good U.S. growing conditions, despite lower stocks

Soybean prices continue to be hit by Chinese tariffs on American soybeans

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The June 27 USDA report showed that U.S. farmers planted more corn, soybeans and spring wheat. The recent Statistics Canada planting survey showed that there was no change to Ontario soybean acres while there was a marginal decline in planted area for corn. Optimal growing conditions across North America have enhanced yield prospects for corn, […] Read more
The early corn planted in Ontario is up and growing. World supplies of corn are tight.
Markets

Calmer U.S.-China relations have helped stabilize commodities markets

We are now in a weather market, especially for corn with quite tight stocks

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Grain and oilseed markets have been digesting a calmer tone between Washington and Beijing regarding tariffs. Quick look: Soybeans: Widening futures spreads and strengthening Canadian dollar will likely bring down Ontario soybean basis levels. Corn: Tight supplies mean corn prices are sensitive to weather, but funds show they expect the tightest supply to happen next […] Read more
(Dave Bedard photo)
Crops, Markets

Cargill expects grain glut to last long time

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Seoul | Reuters –– Commodity firm Cargill expects international grain markets to remain oversupplied for a long time due to bountiful harvests and a rise in storage, the head of the global commodity trader said on Friday. Bumper crops have flooded many markets, dragging on prices for grains and hitting profits at agribusiness giants including […] Read more
(CIA.gov)
Livestock, Markets

Loonie tanks post-Brexit, but benefits minimal for farmers

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CNS Canada — The Canadian dollar slipped after Britain voted Thursday to leave the European Union, a trend which one financial analyst expects to continue in an otherwise uncertain environment. But the loonie hasn’t fallen far enough to bring support to Canadian commodity markets. “Short-term, we’re going to be dealing with the day-to-day volatility and […] Read more
(Dave Bedard photo)
Crops, Markets

Fertilizer prices look to rise by late summer

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CNS Canada — A rise in prices for soybeans and other crops could make fertilizer more expensive in the coming months, according to a major player in the industry. In the May market report from the Mosaic Co., the company credited the rally in agricultural commodity prices, the strengthening of key currencies and various Indian […] Read more
(CMEGroup.com)
Crops, Markets

CME bars grain traders for years over wash trades, spoofing

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Chicago | Reuters –– CME Group said Friday it barred a grain trader from its markets for three years for executing noncompetitive transactions and suspended another for two years for market manipulation. The traders, Aleksey Vsemirnov and Stephen Duggan, could not immediately be reached for comment. Vsemirnov executed numerous non-competitive transactions in wheat, oats, rice, […] Read more

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