Search Results for:

Chicago wheat futures sank on Tuesday on pressure from the ongoing harvest in the U.S. Plains and Black Sea as well as a lack of weather threats, analysts said.

JBS, the world's largest meatpacker, said cattle remain scarce and expensive in the U.S., dampening the outlook of its beef business in the country where the company derives most of its sales.

German chemicals giant BASF said on Friday it was facing high levels of uncertainty from U.S. tariffs and other countries’ reactions to them, but reaffirmed its earnings guidance for lack of clearer economic indicators.

Chicago Board of Trade soybean futures closed higher on Tuesday, supported by rising crude oil prices and uncertainty about Midwest crop weather in the weeks ahead, while soyoil prices eased following a sharp two-day rally tied to stronger U.S. biofuel blending mandates.

China is expecting to produce another abundant wheat harvest this year due to favorable weather, a COFCO International executive said Thursday

Chicago wheat futures fell on Thursday as a short-covering rally earlier this week that took prices to a one-month peak petered out, with traders seeing limited threats to Northern Hemisphere crops despite adverse weather concerns.

Chicago Board of Trade corn futures advanced on U.S. export demand on Wednesday, while bargain-hunting lifted wheat futures after prices set contract lows, traders said.

U.S. soyoil futures hit their highest in 20 months on Monday, supported by U.S. biofuel blending proposals that are likely to increase demand, while soybean futures touched a one-month high before paring gains.

President Donald Trump's administration warned on Saturday that it will restrict livestock imports from Mexico if that country's government does not intensify its fight against a damaging pest called New World screwworm.

U.S. corn futures retreated on Tuesday on a round of profit-taking after a tighter U.S. supply outlook lifted prices to one-year highs, analysts said.