Chicago soybean futures took a sharp dive on Tuesday as traders worried that President-elect Donald Trump's nominee for the head of the U.S. Environmental Protection Agency would take a less than friendly view of the biofuel industry, analysts said.
Oilseeds
U.S. grains: Soybeans plunge with Trump EPA pick; wheat and corn also fall
Federal government moves to end disputes at ports of Vancouver and Montreal
Labour board will take a few days to issue order; West Coast union says it will file a legal challenge
Canadian Labour Minister Steven MacKinnon said this morning he had directed the country's labor relations board to order an end to disputes at the ports of Vancouver and Montreal, citing the economic damage inflicted.
U.S. grains: Soybean, corn futures rise after USDA lowers US harvest outlook
U.S. soybean futures reached a one-month peak on Friday and corn futures touched more than a four-month high after the U.S. Department of Agriculture lowered its U.S. harvest outlooks for both crops more than expected, traders said.
World food prices reach 18-month high in October, UN says
World food prices rose in October to an 18-month high as vegetable oils led increases seen in most food staples, United Nations' data showed on Friday.
Labor dispute stops canola oil, forestry exports from West Coast
Canada's exports of canola oil and forest products from West Coast ports, including the Port of Vancouver, have halted due to a labor dispute, producers said on Thursday.
U.S. grains: Soybeans climb near one-month high as vegoils shoot higher
Chicago Board of Trade soybean futures jumped to their highest level in about a month on Thursday on spillover strength from rallying vegetable oil markets, traders said.
Trump victory puts spotlight on trade
U.S.-Mexico-Canada Agreement, tariffs among policies subject to change under the Republicans
Trump’s pledges to boost competitiveness and renegotiate the United States-Mexico- Canada Agreement (USMCA) as well as the potential to impose trade sanctions could spell difficulties for Canadian producers.
China set for record soybean imports in 2024 ahead of Trump’s inauguration
China imported 8.09 million metric tons of soybeans in October with buyers rushing to stockpile before Donald Trump takes office early next year, as the world's top soybean buyer heads for its largest annual imports on record.
U.S. farm producers brace for hit to exports to China in Trump administration
Some U.S. agriculture producers are bracing for the prospect of a fresh trade war under U.S. President-elect Donald Trump again hitting exports of farm goods to China, but they said while any new tariffs would hurt, they felt better prepared.
U.S. grains: Soy recovers after hitting one-week low on Trump victory
Chicago Board of Trade soybean futures recovered on Wednesday after sliding earlier to a one-week low as Donald Trump's victory in the U.S. presidential election fueled concerns over prospects of another trade war with top-importer China.