CBOT January 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: China trade news provides lift

Chicago | Reuters — U.S. soybean futures touched a three-week high on Friday after Washington and Beijing announced a “phase one” trade deal, but the market pared gains amid uncertainty about the details of the pact, including the size of any potential Chinese agricultural purchases. As part of the agreement, Beijing committed to buy an […] Read more





CBOT December 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

CBOT weekly outlook: WASDE yields mixed results

MarketsFarm — World agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) have turned out largely bullish for wheat values, bearish for corn and neutral for soybeans on the Chicago Board of Trade (CBOT). The report, released Tuesday, lowered U.S. wheat stocks by 40 million bushels to total 947 million tonnes, […] Read more

CBOT March 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy, corn firm on trade deal hopes

Chicago | Reuters — U.S. soybean futures firmed on Tuesday, rising for a sixth consecutive session on hopes that the United States and China will continue to progress toward an interim trade deal. Corn futures also edged higher on an improved trade outlook as Canada, Mexico and the United States approved changes to a preliminary […] Read more