Chicago soybean futures dropped on Monday on expectations for a hefty South American crop, while corn futures rose as traders anticipated world supply and demand estimates from the U.S. Department of Agriculture will show smaller U.S. stockpiles.
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U.S. grains: CBOT soybean futures ease, corn turns higher ahead of USDA report
China, EU account for upswing in Canadian grain, oilseed exports
Total exports through October up more than 18 per cent
Exports of Canadian oilseeds and grains for 2024/25 largely continued to be ahead of those a year ago, monthly data from the Canadian Grain Commission showed. Bulk exports through licensed facilities during the first three months of the current marketing year are more than 12.22 million tonnes, which compares with the approximately 10.33 million the same time last year.
U.S. grains: Corn rises on technical buying, soy and wheat end mixed
U.S. corn futures climbed on Friday to the highest in five months on a continuous chart, supported by technical buying and strong U.S. export sales.
South American farmers hail Mercosur-EU deal, wary of fine print
South America's agricultural sector, a key source of global food, celebrated on Friday as the regional Mercosur bloc and the European Union struck a free trade agreement, though farmers said they wanted to see the small print of the deal.
World food prices reach 19-month high in November, UN says
The United Nations' world food price index rose in November to its highest level since April 2023, recording its biggest gain in 19 months on the back of surging vegetable oil prices, data showed on Friday.
U.S. grains: Soybeans rise in vegoils rally after Canada cuts canola crop
U.S. soybean futures firmed on Thursday, led by strong gains in soyoil as a smaller-than-anticipated canola harvest outlook in Canada stoked worries about tightening global vegetable oil supplies.
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More wheat, less canola in 2024/25 says Statistics Canada
While Statistics Canada reported more wheat was grown in 2024/25, canola production fell back as the agency issued its principal field crops report on Dec. 5.
Soy traders push to weaken ban on buying from deforested Amazon
Multinational grains traders operating in Brazil are seeking to weaken an agreement that forbids buying soybeans from farms on deforested land in the Amazon rainforest, environmental advocates involved in the discussions said on Wednesday
Chinese buyers slash Canadian canola imports on fears of anti-dumping duty
Chinese importers are scaling back purchases of Canadian canola with shipments from December likely to plunge as most buyers are reluctant to sign new deals for fear that Beijing could impose retaliatory anti-dumping duties.
U.S. grains: Soybeans fall as good South America weather lift crop prospects
U.S. soybean futures fell on Wednesday on favorable crop weather in South America and concerns about the incoming Trump administration's hawkish approach to trade with top importer China.