U.S. government shutdown keeps traders guessing

The absence of government reports on sales is clouding the marketplace

Chicago | Reuters – Commodity traders are in the dark because of the partial U.S. government shutdown, unable to see daily and weekly reports of agricultural exports to obtain clues as to whether China is following through with promises to buy grain and soy amid the ongoing trade war. Traders have been anxiously awaiting proof […] Read more




USDA predicts larger world grain/oilseed stocks

Global soybean, corn and wheat ending stocks for the 2018-19 marketing year were all larger than earlier expectations, according to the latest World Agriculture Supply and Demand Estimates (WASDE) report from the United States Department of Agriculture (USDA). In a report released last December, the USDA raised its global soybean ending stocks forecast for 2018-19 […] Read more


Beetles halt U.S. DDGs exports to Thailand

Chicago | Reuters — Exports of U.S. distillers’ dried grains to Thailand have stopped due to new fumigation requirements installed after beetles were discovered in a shipment last year, U.S. traders said on Friday. Thai government officials said U.S. shipments required certificates showing they had been “properly fumigated.” Traders said sales had effectively been halted […] Read more


U.S. delays key agriculture reports due to government shutdown

Chicago | Reuters — The U.S. Department of Agriculture (USDA) delayed several major domestic and world crop reports because of the two-week-old partial government shutdown, the agency said on Friday. New release dates for the monthly world agricultural supply and demand estimates (WASDE) report and other data originally scheduled for Friday, Jan. 11, will be […] Read more



CBOT weekly outlook: Soybeans wait on China news

CNS Canada — Soybean futures at the Chicago Board of Trade started 2019 on a firm note, bouncing higher on rumours of fresh Chinese buying interest. However, with the U.S. government still in partial shutdown mode, confirmation of that business was lacking and additional advances remain questionable. “We’re basically buying the rumour at this point,” […] Read more