Chicago Board of Trade soybeans futures on Monday rose on technical trading ahead of a slew of key government crop reports, after the most-active contract Sv1 touched the lowest price since December of 2020, traders said.
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U.S. grains: Soybeans move higher on technical trading ahead of government reports
Strong dollar weighed heavy on wheat; corn pressured by sluggish exports
Total US cattle herd drops to lowest level since 1951 – USDA
Easing dryness could encourage ranchers to begin rebuilding beef herds
Chicago | Reuters - The total number of U.S. cattle fell to its lowest level since 1951 as of Jan. 1, in the herd's fifth consecutive year of decline, U.S. Department of Agriculture data showed on Wednesday.
U.S. grains: Soybeans slide on disappointing US export data; corn also down
Demand for U.S. soy hampered by strong competition from Brazil, China's economic woes
U.S. soybean futures fell about 1.5 per cent on Thursday on disappointing weekly U.S. export sales data coupled with strong competition from Brazil, where the soy harvest is expanding, traders said.
U.S. grains: Wheat futures sag; corn, soybeans hover near multi-year lows
South American rainfall, Chinese demand, good production outlook for U.S., Russian wheat weighing on prices
U.S. wheat futures fell on Wednesday on technical selling and spillover weakness from European wheat markets amid thin export demand, while corn and soybeans stabilized after setting multi-year lows a day earlier.
U.S. grains: Corn, soybeans close higher, rebounding after multiyear lows
Wheat followed the firm trend, bouncing after a slide to one-week lows
U.S. corn and soybean futures rallied on Tuesday, closing higher on a round of bargain buying after both commodities fell to multiyear lows, although supportive news about supply and demand was lacking, analysts noted.
India looking at large lentil crop, but pulses down overall
Delayed onset of northeast monsoon slowed harvests, shortened planting window
India may be looking at a record large red lentil crop in 2023/24, although poor monsoon rains are expected to cut into total pulse area and production, according to reports out of the country.
USDA attaché reports from Canada, other countries
Drought, grasshoppers among concerns cited for Canadian Prairies
The Global Agricultural Information Network of the United States Department of Agriculture issued a series of reports during the week ended Jan. 26. Of those, some of them could have an affect on the North American markets.
U.S. grains: Soybeans, corn pressured by South American supply prospects
Outlooks for large soy and corn crops in Argentina, optimism about Brazil's harvest set the tone
U.S. soybean futures sank to a one-week low on Friday and corn fell more than 1 per cent as traders focused on improving prospects for South American harvests, analysts said.
Prairie wheat weekly outlook: U.S. futures raise Western Canadian bids
Total wheat production expected to increase to 33.3 million tonnes; total wheat carryout to 4.2 million
The relatively low prices created some interest in the export market. The U.S. Department of Agriculture (USDA) reported net wheat export sales of 451,400 tonnes in its weekly report on Jan. 25, down 36 per cent from the previous week but up 45 per cent from the four-week average. Recent severe cold weather in the northwestern U.S. Plains may have also caused some crop damage.
CBOT weekly outlook: Pointing towards more soybean acres in 2024/25
Southern U.S. cotton crop could cap soybean acres
As farmers in the United States get ready to plant their crops in 2024, there has been speculation of how much corn and soybeans they will plant.
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