Chicago soybean and wheat futures took a nosedive on Thursday, retreating from multi-month highs, as signs of only limited Chinese purchases from the United States tempered optimism about fresh demand following a bilateral trade truce.
Pulses
U.S. grains: Soybeans, wheat plummet from highs on limited Chinese demand
U.S. grains: Soybean prices rise as China-U.S. truce assessed
Chicago soybean prices rose on Wednesday, recovering some of the previous session’s losses, as Beijing’s confirmation that it was cutting tariffs on U.S. farm goods put attention back on a trade truce between the countries.
Bunge beats profit estimates on strong processing margins, Viterra boost
Bunge Global topped Wall Street estimates for third-quarter adjusted profit on Wednesday with the closing of its acquisition of Viterra in July boosting volumes as oilseed processing margins improved, sending shares up 2.6 per cent.
U.S. grains: Soybeans retreat after rally, wheat holds at three-month high
U.S. soybean futures fell on Tuesday, retreating from a 16-month high hit a day earlier, as traders awaited Chinese purchases of U.S. cargoes following last week’s trade truce agreed by the world’s two largest economies.
ADM cuts 2025 profit outlook on biofuel and trade uncertainty; shares tumble
Archer-Daniels-Midland cut its 2025 profit forecast for a third straight quarter on Tuesday as U.S. biofuel policy uncertainty and global trade disruptions pressured oilseed crush margins.
U.S. grains: Soybeans touch 16-month high, wheat firm on Chinese demand hopes
Chicago soybean futures hit 16-month highs on Monday on expectations China will restart large-scale U.S. soy buying after the two countries reached a deal to de-escalate their trade war.
Pulse Weekly: India imposes 30 per cent tariff on yellow peas
Pulse Canada is quite unhappy with the Indian government’s recent move to slap a 30 per cent tariff on its yellow pea imports, said the pulse organization’s board chair Terry Youzwa.
U.S. grains: Soy futures post biggest monthly gain in nearly five years on China trade optimism
U.S. soybean futures climbed to a 15-month high and posted their biggest monthly gain in nearly five years on Friday following a rally fueled by the prospect of revived exports to China.
Pulse Weekly: SPG looks back at harvest, ahead to trade
Saskatchewan Pulse Growers executive director Carl Potts said this year’s harvest had strong yields as the organization now works on international trade.
U.S. grains: Soy futures set 15-month high after China agrees to purchases
U.S. soybean futures reached a 15-month high on Thursday after President Donald Trump’s administration said top-importer China agreed to buy tens of millions of tons of American crops in the next few years as part of a trade truce.