Chicago | Reuters — U.S. wheat futures fell on Thursday, settling back from a sharp rally a day earlier as investors weighed Russian criticism of a Ukrainian grain export deal against prospects of a slowing global economy, traders said. Corn futures also were weaker despite growing concerns about a disappointing U.S. harvest after dry weather […] Read more
Tag Archives interest rates — page 6
U.S. grains: Wheat futures retreat after rally
Corn also weak, soy up off recent losses
Opinion: Populist politics can have negative impact on debt crisis
Glacier FarmMedia – Crop and other commodity markets are off their highs, but don’t expect the commodity bull market to go away soon or for its impacts to fade. Prices for food, fuel and other indispensable commodities are still high enough to tip numerous nations into financial trouble, economic hardship, hunger and political strife. A […] Read more
Cash advances’ interest-free portion temporarily raised
APP funds now interest-free for first $250K
The federal government’s low-interest loan guarantee program for Canadian farmers will sweeten the interest-free portion of its offer for the next two program years to help with farm cash flow. Agriculture Minister Marie-Claude Bibeau on Thursday announced a temporary increase in the interest-free portion of the Advance Payments Program to $250,000, up from the usual […] Read more
CBOT weekly outlook: U.S. interest rate decision could shake futures
Heat in forecast keeping U.S. corn supported
MarketsFarm — Commodity prices on the Chicago Board of Trade (CBOT) were certainly affected by the U.S. Department of Agriculture’s (USDA) monthly supply/demand estimates released last Friday — but may be shaken again after the U.S. Federal Reserve decided to raise its key interest rate by 0.75 of a point. Ryan Ettner, a commodity broker […] Read more
Canadian inflation hits 31-year high
Inflation surges more than expected
Canada’s annual inflation rate accelerated faster than expected in March, hitting a 31-year high amid broad price pressures, official data showed April 19, pointing toward another oversized rate hike from the Bank of Canada in June. The headline rate hit 6.7 per cent in March, well above analyst expectations of 6.1 per cent and a […] Read more
CBOT weekly outlook: Potential for conflict, interest rate hikes affects prices
MarketsFarm — The ongoing standoff between Russia and the West over Ukraine, along with speculation regarding key interest rates from the U.S. Federal Reserve, were two major factors on the Chicago Board of Trade (CBOT) during the week ended Wednesday. The potential for a possible Russian invasion of Ukraine had caused a sharp hike in […] Read more
Interest rate hike protection advised
Rates are forecasted to rise next year, so now is the time to hedge risk
Glacier FarmMedia – Farmers should start thinking about protecting themselves from potential interest rate hikes, agricultural debt financing experts say. “If you … have borrowings of $2 million or greater that do have long-term amortizations that are associated with them, you should be exploring ways for you to mitigate your interest rate risk over a […] Read more
Farm debt under control, but watch for higher interest rates
The potential for higher interest rates is the darkest cloud shading recent news that farm debt in Canada recorded the smallest increase in six years, according to Farm Credit Canada’s (FCC) chief economist. Statistics Canada data showed outstanding Canadian farm debt increased by 5.9 per cent to $121.9 billion as producers invested in land, buildings and equipment. […] Read more
U.S. grains: Corn, soy, wheat up after sell-off
Some traders feel Thursday's sell-off overdone
Chicago | Reuters — U.S. corn, soybean and wheat futures rose sharply on Friday, rebounding from steep declines a day earlier on bargain-buying ahead of the weekend and uncertainty about weather in the Midwest crop belt, analysts said. Fresh export interest lent support as this week’s break in futures appeared to stimulate demand. Chinese state-owned […] Read more
U.S. grains: Corn, soy plunge on weather, broad commodities sell-off
CBOT wheat follows trend lower
Chicago | Reuters — U.S. corn and soybean futures fell sharply on Thursday, pressured by outlooks for rain and cooler temperatures in the Midwest crop belt, as well as spillover from broad-based selling in the commodities sector, analysts said. Wheat followed the weaker trend, with seasonal pressure noted from the U.S. winter wheat harvest. Chicago […] Read more
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