MarketsFarm — The current relationship between the United States and China has continued to be rather chaotic, according to Steve Georgy, president of Allendale Inc. at Fort McHenry, Ill. Despite […] Read more
Tag Archives wasde

CBOT weekly outlook: The good and bad between the U.S., China

U.S. grains: Corn, soybeans drop on favourable weather
Chicago wheat jumps
Chicago | Reuters — U.S. corn and soybean futures prices fell on Friday on expectations for beneficial rains in crop-growing areas and as President Donald Trump said the country’s relationship […] Read more

USDA’s July WASDE has little effect on markets
U.S. Midwest weather likely having greater effect
MarketsFarm — There were some notable changes in the carryovers for corn, soybeans and wheat in the July supply and demand report from the U.S. Department of Agriculture released Friday. […] Read more

CBOT weekly outlook: Trade looks to weather for support
MarketsFarm — Commodities on the Chicago Board of Trade have been supported by dry growing conditions in key regions of the United States, but remain largely rangebound. “It’s been hot […] Read more

U.S. grains: Soybeans gain on hope of continued China purchasing
USDA hiked world wheat stocks to record high; corn gains after ethanol demand cut less than expected
Chicago | Reuters — Chicago soybean futures rallied late on Friday as hopes of continued U.S. exports to top-importer China supported prices. Wheat futures rebounded after touching a three-week low […] Read more

CBOT weekly outlook: WASDE largely neutral for soy, corn
MarketsFarm — The world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) had a “benign effect” on the Chicago Board of Trade (CBOT), according to […] Read more

U.S. grains: Wheat nears two-month low on export competition
Corn, soybean futures also sag
Chicago | Reuters — U.S. wheat futures slid to a near two-month low on Wednesday, testing psychological support at the $5-per-bushel mark, pressured by forecasts for rising global grain supplies […] Read more

CBOT weekly outlook: Global grain stocks exert pressure
MarketsFarm — A forecast of sizeable global ending stocks is weighing on values at the Chicago Board of Trade (CBOT), according to Terry Reilly, senior commodity analyst for Futures International […] Read more

U.S. corn production expected way up in USDA’s May WASDE
MarketsFarm — There will be sharp increases in the United States’ 2020-21 corn production — and especially in ending stocks, according to the latest monthly supply and demand report from […] Read more

U.S. grains: Soybeans climb on Chinese buying ahead of crop report
Wheat wrestles with demand concerns, weather woes
Chicago | Reuters –– Chicago soybean futures climbed for a second session to a three-week high on Friday as Chinese buying underpinned prices and traders squared positions ahead of a […] Read more