Fund traders were busy liquidating long positions and putting on new bearish bets in canola as tariff uncertainty from both China and the United States weighed on the futures in early March.
Soybeans
Speculators bail out of canola long positions
Tariff uncertainty tied to liquidation
U.S. grains: Corn, wheat futures ease amid trade war jitters
Chicago corn futures ticked lower on Friday as concerns over trade conflicts disrupting trade flows and abundant South American supplies weighed on prices, analysts said.
Higher Argentine soybean exports says USDA attaché
Changes to export tax spurs exports
Some adjustments to Argentine soybeans were made by the United States Department of Agriculture attaché in Buenos Aires. While the USDA and its attaché agreed Argentina's soybean harvest for the 2024/25 marketing year is to be 49 million tonnes, the two differed on other categories. The report was issued during the week of March 10.
Trump trade war favors Brazil’s agribusiness, grain company SLC says
China looking to Brazil as it seeks to reduce reliance on U.S. agricultural goods
The trade war initiated by U.S. President Donald Trump, which led countries including China to retaliate against tariffs implemented by his administration, is favorable to Brazil, the CEO of agribusiness firm SLC Agricola said on Thursday.
U.S. grains: Chicago grains, soy rebound on demand uptick, weak dollar
Chicago Board of Trade corn and soybean futures turned higher on Thursday, after private estimates for Argentina's corn and soy crops fell, analysts said.
Canadian canola crush hits record in 2024, but soybeans down
Canola crush up 8.1 per cent, soybeans down 11.6 per cent
Canadian oilseed processors crushed a record 11.37 million tonnes of canola in 2024, reported Statistics Canada. However, the Canadian soybean crush fell by 11.6 per cent in 2024 to 1.56 million tonnes.
U.S. grains: Chicago grains and soybeans extend losses as trade fights roil
Chicago Board of Trade grain and oilseeds extended losses on Wednesday after a government crop report showed more U.S. corn inventories than expected, while the latest U.S. tariffs and European counter-measures fueled concerns about trade disruption, traders said.
CBOT Weekly: Prices expected to slowly recover
Unless tariffs throw a wrench into things
Corn and soybean futures at the Chicago Board of Trade are expected to slowly recover by the end of March, said broker Ryan Ettner of Allendale Inc. in McHenry, Ill. However, the tariff policies of the Trump administration could easily redirect that trend.
Canada to seed more wheat, less canola in 2025: StatCan
Farmers also seeding more peas, corn and oats
Canadian farmers intend to plant more wheat and less canola in 2025, according to the first survey-based estimates for the upcoming growing season from Statistics Canada released March 12. Area seeded to corn, oats and peas is also expected to rise, while soybeans, barley and lentils are forecast to lose acres.
U.S. wheat sees most notable changes in March S/D report
No change was the central theme to the March supply and demand report from the United States Department of Agriculture issued on March 11. In most categories of the World Agricultural Supply and Demand Estimates (WASDE), the USDA kept the same data as in its February report.
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