Chicago Board of Trade corn and soybean futures turned lower on Wednesday as markets came under pressure from expectations of a U.S. bumper crop, moderate weather in the Midwestern corn belt and sluggish oilseed demand, traders said.
Pulses
U.S. grains: Corn, soybeans ease on US crop expectations, demand concerns
Bearish Chicago grains/oilseeds in need of a new story
Soybean, corn and wheat futures in the United States are all trading near contract lows, with a lack of any significant weather threats likely to keep the bias pointed lower until something changes the narrative.
Trump’s trade threats a global concern
Importers and exporters around the world are uneasily analyzing what a 10 per cent tariff, or other border measures likely in a second Donald Trump U.S. presidential term, could mean for trade.
Manitoba Crop Report: Crops develop under warm conditions
Warmer weather and varied precipitation across Manitoba allowed crops to further develop during the week ended Aug. 5, according to the province’s weekly crop report.
U.S. grains: Chicago soybeans, corn fall; wheat up on big tender from Egypt
Chicago soybeans and corn slumped on low demand and a stronger dollar on Tuesday as financial markets recovered from an epic sell-off on Monday. Wheat futures rose after a massive tender from Egypt for 3.8 million metric tons to cover imports between October 2024 and April 2025—its largest ever according to traders.
Canadian pea exports slow in June
Canadian pea exports slowed in June, as end user demand shifted to the looming new crop with only one month left in the 2023/24 marketing year, according to the latest Statistics Canada trade data released Aug. 6. Chickpea movement was also slow, while lentil exports were up on the month but still off the year-ago pace.
U.S. Grains: Soy, grain futures turn higher on economy concerns
Chicago Board of Trade grain and soybean futures turned higher on Friday as market participants and fund traders scrambled to cover their hefty short positions on signs of the U.S. economy weakening, market analysts said.
EU clears Bunge and Viterra’s $34 billion merger deal
The European Commission said on Thursday that it had cleared the $34 billion merger deal between Bunge and the Glencore-backed company Viterra.
U.S. grains: Corn prices near four-year low, trapped below $4/bushel
U.S. corn and soybean futures fell to their lowest levels in nearly four years on Thursday as forecasts for cool, rainy weather in the Corn Belt boosted yield expectations, analysts said.
Russia maintains grain harvest forecast despite bad weather
Russia has maintained its official grain harvest forecast for this year at 132 million metric tons despite adverse weather conditions across many grain-producing regions, said Deputy Prime Minister Dmitry Patrushev, who oversees the agriculture sector.
Cyber-Savvy Farmer
