Argentina Archives - Page 18 of 40

ICE March 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Potential remains for higher canola prices

By GFM Network News January 21, 2021

MarketsFarm — Canola prices fell back during the course of the last week, but should begin to move higher going into the coming week, according to trader Ken Ball of PI Financial in Winnipeg. Canola likely “reached the top” last week with profit-taking having set in, he said, noting a lot of money pours into […] Read more

CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans fall, pressured by fund selling

Brazil, Argentina showers ease soy, corn supply concerns

By Christopher Walljasper, GFM Network News January 20, 2021

Chicago | Reuters — Chicago soybean futures fell on Wednesday, touching their lowest in more than a week, pressured by technical selling combined with rains across South America, which eased supply concerns. Corn followed, also pressured by beneficial South American rains, while wheat ended lower, but was supported by export optimism. The Chicago Board of […] Read more

File photo of a cornfield in Argentina. (Reisegraf/iStock/Getty Images)

Corn, Crops, Markets, Reuters

Argentine farmers end sales strike as corn export cap pulled

By GFM Network News January 14, 2021

Buenos Aires | Reuters — Argentine farmers called off a three-day-old sales strike on Wednesday, hours before it had been scheduled to end, after the government agreed to free corn export from a recently decreed limit of 30,000 tonnes a day. The export cap that had been imposed at the start of the week was […] Read more

CBOT March 2021 corn with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Reuters

U.S. grains: CBOT corn touches 7-1/2-year high

Chicago wheat, soybeans down on profit-taking

By Mark Weinraub, GFM Network News January 14, 2021

Chicago | Reuters — U.S. corn futures rose 1.4 per cent on Wednesday, hitting a 7-1/2-year high with the market focused on prospects for tight global supplies after the U.S. Department of Agriculture cut production estimates for the U.S., Brazil and Argentina. “The number on corn was a game changer yesterday,” said Dan Smith, senior […] Read more

Corn, Crops, Markets, Reuters

Argentina lifts corn export ban

Export suspension to be replaced with 30,000-tonne sales cap

By GFM Network News January 11, 2021

Buenos Aires | Reuters — Argentina has lifted a suspension on corn exports announced in December and will opt instead for a temporary 30,000-tonne daily cap on sales abroad, its agriculture ministry said on Monday, backing off the more restrictive measure that had infuriated farmers in the South American grains powerhouse. The world’s No. 3 […] Read more

Corn, Crops, Markets, Reuters

Argentina ‘evaluating’ corn export suspension

Move meant to boost domestic food supplies

By GFM Network News January 8, 2021

Buenos Aires | Reuters — Argentina’s government said on Thursday it would review its decision to temporarily suspend corn exports after a meeting between the farming minister and the leaders of the country’s main agricultural associations. The agriculture ministry said in a statement that agreements had been struck to guarantee the domestic supply of corn […] Read more

CBOT March 2021 soybeans with 20- and 50-day moving averages and March 2021 soybean oil (dark green line). (Barchart)

Crops, Markets, Reuters

U.S. grains: Soy, corn futures ease off six-year highs

New USDA reports awaited

By Julie Ingwersen, GFM Network News January 7, 2021

Chicago | Reuters — U.S. soybean futures declined on Thursday for the first time in seven sessions, pausing after concerns about dry weather in South America and export disruption in Argentina pushed prices to their highest in more than six years. Corn futures also eased and wheat fell for a second session after hitting multiyear […] Read more

File photo of trucks parked in line outside a port during a wage strike at Santa Fe, Argentina on Dec. 21, 2020. (Photo: Reuters/Stringer)

Crops, Markets

CBOT weekly outlook: South American weather, labour issues prop up prices

By GFM Network News January 7, 2021

MarketsFarm — Market participants on the Chicago Board of Trade expect agriculture commodity prices to continue to rise in 2021. Terry Reilly, a grains analyst with Futures International, said corn is expected to hit around $5.25 per bushel, while soybeans will be around $14.50 (all figures US$). The March wheat contract is expected to reach […] Read more

CBOT March 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn tops US$5 for first time since 2014

'Water deficit' in Argentina draws interest

By Christopher Walljasper, GFM Network News January 7, 2021

Chicago | Reuters — U.S. soybean and corn futures climbed to fresh 6-1/2 year highs on Wednesday, as worries about dry weather hurting Argentine crops attracted speculative buyers, analysts said. Wheat futures fell on a lack of fresh supportive news and an upturn in the dollar, which tends to make U.S. grains less competitive globally. […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans set fresh high on supply worries, technical buying

Chicago wheat, corn also close higher

By Julie Ingwersen, GFM Network News January 5, 2021

Chicago | Reuters — U.S. soybean futures soared on Tuesday, climbing to fresh 6-1/2-year highs on a mix of fund-driven technical buying and worries about South American supplies, analysts said. Corn followed soybeans higher but stayed below psychological resistance at the $5 per bushel mark (all figures US$). Wheat rose about two per cent, setting […] Read more

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

GFM Network News

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

Tag Archives Argentina

ICE weekly outlook: Potential remains for higher canola prices

U.S. grains: Soybeans fall, pressured by fund selling

Argentine farmers end sales strike as corn export cap pulled

U.S. grains: CBOT corn touches 7-1/2-year high

Argentina lifts corn export ban

Argentina ‘evaluating’ corn export suspension

U.S. grains: Soy, corn futures ease off six-year highs

CBOT weekly outlook: South American weather, labour issues prop up prices

U.S. grains: Corn tops US$5 for first time since 2014

U.S. grains: Soybeans set fresh high on supply worries, technical buying

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