Over the past couple weeks, limited harvest progress has occurred in Ontario due to adverse weather. Soybean harvest progress was estimated at 93 per cent complete as of Dec. 1; […] Read more
Tag Archives grain markets
Soybean, corn harvests finally near completion
Trade disruptions will continue to reverberate through the world into next year
ADM earnings double, helped by U.S.-China trade row
Chicago | Reuters – Archer Daniels Midland Co’s net profits doubled in the second quarter and beat Wall Street estimates, after a drought in Argentina and the U.S.-China trade spat […] Read more
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
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 […] Read more
Calmer U.S.-China relations have helped stabilize commodities markets
We are now in a weather market, especially for corn with quite tight stocks
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 […] Read more
Canadian wheat decline with U.S. futures, rising loonie
CNS Canada – Hard red spring wheat bids in Western Canada lost ground during the week ended July 28, as declines in the US futures and strength in the Canadian […] Read more
Cargill expects grain glut to last long time
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 […] Read more
Loonie tanks post-Brexit, but benefits minimal for farmers
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. […] Read more
Fertilizer prices look to rise by late summer
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 […] Read more
CME bars grain traders for years over wash trades, spoofing
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 […] Read more