Chicago grain futures surged on Wednesday as underwhelming rainfall and forecasts for hot, dry weather in Argentina's parched corn and soy belt lifted prices, traders said.
Pulses
U.S. grains: Corn futures hit over one-year high on Argentine weather worries
ADM taps industry veteran to lead accounting amid irregularities
Grains trader Archer-Daniels-Midland on Wednesday named Carrie Nichol as its chief accounting officer, effective March 1, 2025, as the company continues to grapple with accounting irregularities.
U.S. grains: Soybeans flat, corn, wheat rise as market awaits Trump tariff action
Chicago grain futures turned higher on Tuesday, as investors adjusted positions while they waited to see if U.S. President Donald Trump would follow through on threats to impose 25 per cent tariffs on imports from Canada and Mexico this weekend, analysts said.
Pulse Weekly: Supply and demand ‘sideways’ says broker
‘If prices move up, they move up big time, but they won’t drop overnight’
Lentil prices on the Canadian Prairies were steady in late-January, which a broker noted is typical for this time of year. Marcos Mosnaim of Prairie IX said the forces of supply and demand are standing pat, leading to no price fluctuations.
U.S. grains: Soybeans, corn drop as Trump tariff worries rise
Chicago Board of Trade corn and soybean futures fell on Monday, with traders hedging their positions in case the Trump administration implements tariffs on goods from major U.S. trading partners, according to analysts.
U.S. grains: Soybeans and corn fall from highs after Argentina cuts export taxes
U.S. soybean and corn futures on Friday fell from multi-month highs after Argentina said it would lower grain export taxes, fueling expectations the United States will face tougher competition for sales on the global market.
U.S. grains: CBOT corn hits an over one-year high on South American weather worries
Chicago Board of Trade corn futures resumed a rally on Thursday as concerns over dryness in Argentina and tighter U.S. stocks propelled futures to the highest price seen in more than 14 months, traders said.
ADM declares force majeure along US Gulf terminals, Bloomberg News reports
Global grains trader ADM has halted loading of grain vessels and declared a force majeure at U.S. Gulf terminals as the region faces a severe winter storm, Bloomberg News reported on Wednesday.
U.S. grains: Chicago soy, corn futures lower on profit-taking, Argentina weather
Chicago corn and soybean futures eased from the previous session's multi-month peaks on Wednesday on profit taking and timely rains forecast for Argentina, said analysts.
U.S. grains: Corn, soy rally as Trump postpones threatened tariffs
Chicago Board of Trade corn futures hit a fresh one-year high on Tuesday, as the tariffs promised by newly sworn-in U.S. President Donald Trump did not materialize, traders said.