Chicago Board of Trade grain and soy futures backpedaled from their highest prices in months on Wednesday as weather forecasts improved in Argentina, analysts said.
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U.S. Grains: Soybean, corn futures fall on improving Argentina weather forecast
Rains benefit dry Argentine crop areas
CBOT Weekly: Hard to determine where markets could go
Tariffs issues clouding pathways
With global trade in something of a chaotic mess due to the Trump administration threatening to impose tariffs and placing levies on China, the futures for soybeans, corn and wheat are very difficult to determine said Terry Reilly, senior agricultural specialist for Marex. Added to that, he suggested there could be a few surprises in the February supply and demand report from the United States Department of Agriculture.
U.S. Grains: Soybeans climb to highest since July as tariff worries ease
Chicago Board of Trade soybean futures jumped to their highest level since July on Tuesday as concerns eased that trade disputes will disrupt U.S. agricultural exports, analysts said.
U.S. grains: Corn, wheat, soy rally on delay to Mexican tariffs
Chicago corn, wheat and soybean futures jumped on Monday, rallying from early declines, as U.S. President Donald Trump announced tariffs threatened on Mexican goods would be paused for a month.
December canola crush pushes higher
Canola crush exceeds 1 million tonnes
Data released by Statistics Canada on Jan. 29 showed the December crush of canola and soybeans came in higher than a year ago.
ICE Canada Weekly: Canola facing ‘extreme uncertainties’ says trader
Excluded from U.S. biofuel tax credits, facing tighter supplies
The path canola is to take as January turns to February has been marked by “extreme uncertainties,” explained broker Ken Ball of Ventum Financial in Winnipeg.
AAFC forecasts more Canadian wheat acres, less canola in 2025
Canadian farmers will plant more wheat and coarse grains in 2025 at the expense of oilseeds, according to the first supply/demand projections for the 2025/26 marketing year from Agriculture and Agri-Food Canada, released Jan. 20.
Barley, Canola, Cereals, Corn, Lentils, Markets, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat
Bunge-Viterra deal ‘effectively ends competition’ says NFU
Feds’ conditions not near enough to alleviate concerns
The National Farmers Union denounced the approval of the Bunge-Viterra merger in a statement released on Jan. 17. The NFU said the multi-billion dollar deal “effectively ends competition in Canada’s agricultural commodity sector,” as it creates the world’s largest agricultural commodity trader, and it will control 40 per cent of the Canadian grain market.
U.S. grains: Soy, corn futures retreat on profit-taking
U.S. soybean futures fell about two per cent on Thursday as forecasts for much-needed rains in dry areas of Argentina's crop belt and expectations of a massive Brazilian soy harvest sparked a round of profit-taking, analysts said.
IGC trims global corn forecast
The International Grains Council (IGC) on Thursday cut its forecast for 2024/25 global corn production, largely reflecting a downward revision for the United States.
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