Chicago soybean futures edged higher on Wednesday as U.S. Vice President Kamala Harris' lead over Republican challenger Donald Trump in some election polls calmed concerns that a trade war with China could heat up, according to analysts.
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U.S. grains: Soybean futures jump as some polls show Harris with US election lead
U.S. livestock: Cattle futures fall on technical trade, E. coli outbreak concerns
Chicago Mercantile Exchange cattle futures turned lower on Wednesday, amid a flurry of technical selling and uncertainty whether consumer demand for beef would chill after an E. coli outbreak was linked to McDonald's Quarter Pounder burgers, traders said.
CBOT Weekly: Corn, soybeans rising, wheat slipping
Corn and soybean prices rose at the Chicago Board of Trade during the week ended Oct. 23, 2024. However, wheat prices went lower during the same week.
ICE Weekly: Production uncertainty, forthcoming Chinese action fueling canola’s upswing
January contracts climbs $36/tonne
Buyers for China and others scooping up as much canola as they can, fueling hike in Intercontinetal Exchange canola futures.
State and industry input led US farm agency to relax bird flu testing order for cows
The U.S. Department of Agriculture weakened an emergency order last spring designed to prevent the spread of bird flu among the nation's dairy cattle after pushback from state and industry officials, according to state and federal records seen by Reuters.
BRICS leaders tout grain exchange, joint finance at Russian summit
Leaders of the nations in the BRICS grouping, which accounts for 37 per cent of global economic output, predicted its influence would grow as they met in Russia on Tuesday, outlining common projects ranging from a grain exchange to a cross-border payments system.
Prairie forecast: Mild pattern trying to hold on
This forecast starts with an area of low pressure over northern Ontario and a resulting push of cool air over the eastern half of the Prairies. Over the western half of the Prairies, a weak ridge of high pressure is moving in. This will bring sunny skies and average or above average temperatures.
Bank of Canada cuts rates, hails ‘good news’ on low inflation
The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75 per cent, its first bigger-than-usual move in more than four years, and hailed signs the country has returned to an era of low inflation.
U.S. livestock: Cattle futures up on strong demand
Chicago Mercantile Exchange cattle futures rose on Tuesday on signs of increased demand from U.S. consumers and exporters, analysts said.
U.S. grains: Soybean, corn futures rise on increased export demand
Chicago soybean and corn futures turned higher on Tuesday as a flurry of export sales helped stem market pressure from a fast-moving U.S. harvest and improved planting weather in South America, analysts said.
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