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

ICE weekly outlook: Canola stronger at midweek

MarketsFarm — Canola was “well supported” at midweek, bolstered by strength in comparable vegetable oils and relative weakness in the Canadian dollar. Chicago soy was underpinned by strong export demand and the expectation that the U.S. and China will sign Phase One of their trade deal next week. However, with heightened geopolitical tension in the […] Read more









Syngenta’s Interaction Centre at Stein, Switzerland. (Syngenta.com)

Syngenta owner ChemChina to merge ag assets with Sinochem’s

Zurich | Reuters — ChemChina and Sinochem are consolidating their agricultural assets into a new holding company to be called Syngenta Group, ChemChina unit Syngenta said on Sunday. Chen Lichtenstein, current CEO of Shenzhen-listed crop protection company Adama, which will also be incorporated into the new group, will be nominated chief financial officer of the […] Read more

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

U.S. grains: Soybeans bounce on China trade hopes

Chicago | Reuters — U.S. soybean futures recovered slightly on Monday from steep declines in the previous session as hopes for improved exports to China outweighed worries about rising tensions in the Middle East. Corn and wheat futures declined on technical selling and profit-taking from last week’s multi-month highs and as investors look ahead to […] Read more



CME February 2020 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Hogs limit down on profit-taking, Middle East tensions

Chicago | Reuters — U.S. hog futures tumbled by the daily trading limit to a three-week low on Friday as rising geopolitical tensions in the Middle East triggered profit-taking, analysts said. Losses hit markets after a U.S. air strike in Iraq killed Iran’s most prominent military commander, rattling traders of products from agricultural futures to […] Read more