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CBOT weekly outlook: Impeachment process stifles markets

MarketsFarm — U.S. President Donald Trump’s impeachment hearings have dominated headlines and stalled progress in numerous trade developments, leaving the Chicago Board of Trade (CBOT) starved of meaningful news. The Canada-U.S.-Mexico Agreement (CUSMA) has yet to be ratified by the U.S. House of Representatives. The trade pact, meant to replace the North American Free Trade […] Read more

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

U.S. grains: Wheat futures climb on short-covering

Chicago | Reuters — U.S. wheat futures hit their highest in nearly a week on Tuesday as declining U.S. wheat condition ratings and worries about Southern Hemisphere crop prospects fueled a round of short-covering, analysts said. Corn firmed on signs of improving export prospects and soybean futures closed modestly higher. Chicago Board of Trade December […] Read more






Unharvested canola under snow in October 2016. (Lisa Guenther photo)

Millions of acres of canola freeze, compound ‘harvest from hell’

Winnipeg | Reuters — Heavy snow and rain during harvest on the Canadian Prairies have left several million acres of canola buried until spring, the latest blow in a miserable year that may compound farmer problems into 2020. Canola is renowned as Canada’s most profitable crop, exported to China, Japan and Mexico to make vegetable […] Read more






CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hogs reach two-month low

Chicago | Reuters — U.S. lean hog futures fell to a two-month low on Thursday on large supplies and uncertainty over negotiations to boost trade with China, the world’s top pork consumer. Traders and meat producers are hoping for further U.S. pork sales to China, which is grappling with a fatal pig disease that has […] Read more