Chicago wheat futures fell on Monday as ample supplies pressured prices, with worry receding that an intensified conflict between Russia and Ukraine could threaten Black Sea export shipments.
Cereals
U.S. grains: Wheat down as supply pressure mounts, conflict worries fade
U.S. grains: Soy hits fresh lows on South America weather, Brazil-China deals
Chicago corn futures weakened on Thursday and soybeans struck fresh contract lows as Brazil and China came together for significant agricultural trade deals and weather in South America remained beneficial for both crops, analysts said.
Flour millers face supply crunch as wheat farmers tighten grip on stocks
Wheat growers in several exporting countries are reluctant to sell their crops with prices near four-year lows, traders, farmers and millers say, leaving flour makers with dwindling supplies and vulnerable to any potential upswing in prices.
IGC cuts global wheat crop outlook on poor EU harvest
The International Grains Council (IGC) said on Thursday it has trimmed its forecast for 2024/25 global wheat production driven partly by a diminished outlook for the European Union.
U.S. grains: Soybeans fall to 2-week low on strong South American crop prospects
U.S. soybean futures hit a two-week low on Wednesday and soyoil futures fell more than three per cent on expectations for plentiful South American soy harvests this year along with uncertainty about demand for soy-based biodiesel fuel, analysts said.
Russian farmers ditch wheat for other crops after heavy losses
Russian farmers say they will sow less wheat after heavy losses this year, switching to more profitable crops such as peas, lentils, or sunflowers.
Seed producer Corteva forecasts steady sales growth, unveils $3 bln buyback
Corteva expects low-single-digit percentage net sales growth through 2027, the U.S. agrichemicals firm said on Tuesday, banking on its exclusive seeds and crop chemical products.
U.S. grains: Wheat hits one-week high on fears of escalating Russia-Ukraine war
U.S. wheat futures rose for a third-straight session on Tuesday, posting a one-week high on fears of escalating war in the Black Sea breadbasket region amid rising tensions between Moscow and Washington over Ukraine, analysts said.
Barley, Canola, Cereals, Corn, Crops, Lentils, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat
Only small changes in latest AAFC estimates
There were only small changes to the updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC) released Nov. 19. All of the other data in the AAFC report were carried over from its October report.
Ukraine 2025 wheat crop seen rising on larger sowing area, minister says
Ukraine's wheat harvest may increase to up to 25 million metric tons next year from an expected 22 million tons this year thanks to a larger sowing area, the first deputy agriculture minister Taras Vysotskiy told Reuters in an interview.