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

U.S. grains: Wheat, soy hit 2018 highs

Chicago | Reuters — U.S. grain and soybean futures hit 2018 highs to start the new year as traders continued to expect increased Chinese demand once Washington and Beijing ink an initial trade deal. The gains on Thursday extended annual advances from 2019, a year marked by farmer stress over the U.S.-China trade war and […] Read more



Pinto beans. (Vergani_Fotografia/iStock/Getty Images)

Pulse weekly outlook: Edible bean yields lower across North America

MarketsFarm — A challenging harvest season spelled trouble for dry bean yields across North America, according to one report from the Global Pulse Confederation. Mexico’s spring-summer bean crop yield was pegged at around 400,000 tonnes, which was 52 per cent lower than the previous year. The loss in production was largely due to drought conditions […] Read more


The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

CBOT weekly outlook: Trade bullish into New Year

MarketsFarm — Agriculture commodities on the Chicago Board of Trade were mixed on Friday, the last day of the January contract and one of the last trading days of 2019. Traders were “shoring up positions ahead of the weekend,” with profit-taking a feature, said Terry Reilly of Futures International in Chicago. Soybeans were lower after […] Read more




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

U.S. grains: Prices slip after rallying on trade deal

Chicago | Reuters — U.S. grain and soybean futures eased on Wednesday as the markets paused after rallying this week on demand hopes fuelled by a U.S.-China trade agreement. The long-awaited agreement included a Chinese commitment to expand purchases of U.S. farm products. However, traders are cautious about projections from Washington that deals will reach […] Read more