U.S. soybean harvest threatened by August weather outlook

Reuters – Soybeans in key growing areas of the U.S. Midwest will likely face more hot and dry conditions during August, a critical growing month, that could threaten harvest yields, according to weather forecasts. The world needs a big U.S. crop to replenish global stockpiles that have been pegged at a six-year low. Russia’s invasion[...]

China’s soy imports up 25 per cent year over year

Reuters – China imported 10.27 million tonnes of soybeans in June, up 24.5 per cent from a year earlier, July 12 customs data showed, as large purchases of cheap Brazilian beans reached the market. The imports by the world’s top soybean buyer were significantly lower than the record 12.02 million tons in May, when delayed[...]


U.S. farmers celebrate soy price surge as Brazil misses out

U.S. farmers sold freshly harvested soybeans directly off their combines for a profit as prices rose to a four-year high this autumn, a welcome change from the losses suffered during the U.S.-China trade war. Strong exports to China as the world’s top soybean importer emerged from lockdown helped push the most active soybean futures contract at the Chicago Board of[...]



World soybean stocks to swell

Global soybean supplies will be bigger than previously forecast due to increased harvest expectations in Brazil and Argentina, the U.S. government said March 10. World soybean ending stocks for the 2019-20 marketing year were pegged at 102.44 million tonnes, according to the U.S. Agriculture Department’s World Agricultural Supply and Demand Estimates report. That compares with[...]

U.S. grains: Soybean, corn futures end week strong

Chicago | Reuters -- U.S. soybean futures rose for the third consecutive day on Friday, supported by expectations that the soy crop in global supplier Argentina is smaller than estimated because of damage from drought conditions. "Behind the support in the market is the simple fact that this is horrible finishing weather for the soybeans[...]


U.S. grains: Wheat, soy, corn up on strong export report

Chicago | Reuters -- U.S. wheat, corn and soybeans jumped on Thursday on support from a government report that showed strong overseas demand for all three commodities, traders said. "We had some decent export sales compared to what we have seen the last few weeks and that trend, particularly for corn and wheat, is likely[...]

U.S. grains: Wheat strong on concerns about Ukraine, Russian exports

Chicago | Reuters -- U.S. wheat futures rallied on Friday, supported by concerns the grain deal allowing for Russian and Ukraine exports from Black Sea ports could splinter amid escalations in the nearly year-long war between the two countries, traders said. Corn and soybean futures also were strong, with corn following the gains in wheat[...]


U.S. grains: Soy futures rally on strong exports

Chicago | Reuters -- U.S. soybean futures rose 1.4 per cent on Thursday as strong export data buoyed hopes that overseas buyers will book more deals in coming weeks. Corn and wheat futures also were firm, with short-covering and technical buying underpinning the market after prices for both commodities dropped near the low end of[...]

U.S. grains: Soy futures fall despite strong exports

Chicago | Reuters -- Chicago Board of Trade soybean futures fell on Thursday on concerns that a firm dollar and a weakening global economy could slow the robust pace of exports that has supported prices since harvest, traders said. Wheat futures were strong on a round of bargain buying following declines in eight of the[...]