Benchmark Chicago wheat futures tumbled to their lowest point in more than three years on Wednesday as low prices in an Algerian import tender this week highlighted stiff global export competition from Black Sea grain supplies, traders said.
Soybeans
U.S. grains: Wheat hits 3-1/2-year low on export competition
Corn drifted upward, soybeans declined
CBOT weekly outlook: Little to come from March S/D report
Exports the most likely category to see changes, analyst says
There will likely not be a lot of notable changes in the March supply and demand report from the United States Department of Agriculture.
U.S. grains: Grains and soy falter on large South American supplies
Most analysts expect USDA to lower its Brazil harvest estimate
Chicago Board of Trade soybean futures slipped on Tuesday, surrendering gains from the previous session as large South American supplies weighed on the market.
Pulse weekly outlook: More acres for dry beans in Manitoba
Soybean acres also expected to increase
The Manitoba government’s pulse specialist said it’s likely there will be more dry bean acres seeded in the province this spring.
U.S. grains: Soybeans and corn rise on bargain-buying after sharp falls
Brazil soy harvest running ahead of schedule compared to last year
U.S. soybean and corn futures rose on Monday on bargain buying and short-covering after hitting three-year lows recently, but plentiful supply from South America limited gains, analysts said.
Commodity Classic: U.S. corn growers await aviation fuel decision
Biden administration expected to announce within weeks if ethanol will qualify for sustainable aviation fuel tax credit
American corn growers are on pins and needles waiting to find out if corn ethanol will qualify for a lucrative sustainable aviation fuel tax credit.
Commodity Classic: ‘Strong evidence’ for old crop price rally says economist
Booming renewable diesel industry seen as a positive
Old crop corn and soybean prices in the United States will likely rally this spring, according to an agricultural economist.
Commodity Classic: U.S. fighting for market share says Vilsack
Competitive advantages from superior U.S. transportation have all but evaporated
U.S. agriculture secretary Tom Vilsack says the United States is trying to regain its competitive edge in world agricultural markets.
U.S. grains: Soybeans off 3-year low, but gain limited by global supplies
Slowing Chinese demand also weighs on prices
Chicago Board of Trade (CBOT) soybean futures turned higher on Friday on signs of bargain buying and short-covering, after hitting three-year lows the previous day, although sluggish exports and hefty global supplies continue to weigh on prices, traders said.
Commodity Classic day one: Farmers concerned about EPA’s herbicide strategy
Farm bill, USDA crop forecasts on American farmers' minds at the Houston farm show
Day one of the 2024 Commodity Classic is in the books and a few interesting themes emerged from the annual gathering of U.S. corn, soybean, wheat and sorghum growers.