Chicago | Reuters — U.S. soybean futures rallied to a seven-month high on Thursday on concerns about a smaller South American harvest, which could shift more global demand to the United States. Wheat slumped for a second straight session on a stronger dollar and slightly reduced fears that Russia would invade Ukraine and potentially disrupt […] Read more
Tag Archives russia — page 36
U.S. grains: Soybeans hit seven-month high on supply worries
Firm U.S. dollar sinks wheat; corn down
ICE weekly outlook: Canola in stratosphere as old-, new-crop gaps narrows
MarketsFarm — With so many influences affecting ICE Futures canola, one trader said it’s hard to figure just where the Canadian oilseed will go. Another trader, however, said the days of canola fetching more than $1,000 per tonne for an extended period of time are pretty much over. “It’s probably the craziest period we ever […] 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
U.S. grains: CBOT wheat nears two-month peak on Ukraine crisis
Corn hits June high
Chicago | Reuters — Chicago Board of Trade wheat futures approached a two-month high on Tuesday as fears of Russian military action in Ukraine made traders nervous about a potential disruption to supplies from the Black Sea exporters. Tensions remained high after NATO said on Monday it was putting forces on standby and reinforcing Eastern […] Read more
U.S. grains: Wheat futures rise on fears over Russia-Ukraine conflict
CBOT corn reaches seven-month high; South America rains weigh on soy futures
Chicago | Reuters — U.S. wheat futures advanced on Monday amid fears that Russia may invade Ukraine and disrupt grain shipments from the region, a major global supplier, traders said. Corn futures also strengthened and set a seven-month high, while soybean futures weakened. Grain traders kept their attention on Russia because it is the world’s […] Read more
CBOT weekly outlook: Prices up on hot weather, growing tensions
MarketsFarm — Soybean, corn and wheat futures at the Chicago Board of Trade were all showing some strength Wednesday, recovering from losses posted over the previous week. South American weather concerns and broader geopolitical tensions countered any bearish influence from the latest supply/demand estimates from the U.S. Department of Agriculture. South America recently received much-needed […] Read more
U.S. grains: Wheat rallies as Russia-Ukraine tensions rise
Corn firm, soy weak
Chicago | Reuters — Chicago Board of Trade wheat futures jumped 3.2 per cent on Tuesday, supported by concerns about rising tensions between Russia and Ukraine as well as cold weather that could threaten the crop in dry parts of the United States. “If there is a problem between Russia and Ukraine, it could be […] Read more
Versatile tractor maker’s majority owner boosts stake
Russia's Rostselmash raises ownership to almost 97 per cent
The Russian farm equipment manufacturer which held just over 80 per cent of Canadian tractor and equipment maker Buhler Industries has now taken up near complete ownership. Winnipeg-based, publicly-traded Buhler Industries announced Wednesday that Combine Factory Rostselmash has bought another 16.3 per cent of Buhler shares for $3 per share, or about $12.25 million. Buhler, […] Read more
U.S. grains: Soy, corn futures extend rally
South American weather woes remain 'concerning'
Chicago | Reuters — Chicago Board of Trade soybean and corn futures extended a rally to new multi-month peaks on Wednesday as dry weather in some South American growing belts stoked supply concerns. Wheat futures rose for a fifth straight session, tracking corn and soy while also drawing support from brisk global demand and Ukraine […] Read more
U.S. grains: Wheat hits one-month low on USDA projections
Corn, soybean futures rise
Chicago | Reuters –– U.S. wheat futures slumped to a one-month low on Thursday after the U.S. Department of Agriculture forecast larger-than-expected global production and stocks in a monthly report that reinforced a recent spate of bearish news. Corn and soybean futures tracked wheat lower, but promptly rebounded from their lows on speculative and technical […] Read more
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