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CBOT December 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soy, corn close higher

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Chicago | Reuters — U.S. soybean and corn futures settled up on Thursday, as traders squared their positions ahead of a U.S. government report next week expected to clarify how many acres were planted of the two crops. Dealers said a rebound in energy prices provided some support, although there remained ongoing concerns in the […] Read more
CBOT September 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat, corn down on crop conditions, weather

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Chicago | Reuters — Chicago corn and wheat futures settled down on Tuesday after the U.S. Department of Agriculture (USDA) raised its condition ratings for both grains and more crop-friendly weather was forecast for the Midwest. “This downward trend has been led by wheat,” said Ted Seifried of Zaner Group. “These crop conditions are absolutely […] Read more
CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn higher on wet weather forecast

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Chicago | Reuters — U.S. corn futures rose about one per cent on Friday as wet weather forecast for the Midwest crop belt prompted short-covering, analysts said, while soybeans fell to multi-month lows. Wheat futures firmed slightly but still recorded a weekly decline as ample global supplies anchored the market. Chicago Board of Trade July […] Read more
CBOT May 2019 wheat with 20-, 50- and 100-day moving averages.
Crops, Markets

U.S. grains: Wheat sinks on plentiful global supply

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Chicago | Reuters — U.S. wheat futures slid for a second consecutive session on Tuesday to the lowest in 10 months as cheaper exports from producers including Russia weighed on demand for U.S. supplies. Soybeans also fell, giving up the last session’s gains, as a rapidly advancing harvest in top exporter Brazil boosted global supplies. […] Read more
File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)
Markets

Russian agricultural firms raided over suspected tax evasion

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Moscow | Reuters — Meat producer Cherkizovo and farming conglomerate Rusagro were among agricultural firms across Russia targeted in a sweeping investigation into suspected tax evasion on Wednesday. The Tax Service said so far five potential breaches had been uncovered in inspections carried out with the Federal Security Service (FSB) at agricultural holdings across 13 […] Read more
File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)
Crops, Markets

Russia’s ag ministry to set up new grain exporters’ union

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Moscow/Hamburg | Reuters — Russia’s agriculture ministry will set up a new grain exporters’ union to better understand the needs of the market, it said on Monday after its routine meeting with local grain traders. Traders interpreted it as a result of the close attention with which Russian officials have been monitoring how big exporters […] Read more

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