Chicago wheat dropped for a second day on Friday, moving further from a 3-1/2 month high reached this week as a stronger dollar made U.S. exports look less attractive.
Oilseeds
U.S. Grains: CBOT wheat, soy and corn fall as dollar rallies
U.S. grains: Grains, soybeans ease after rallies on weather and Middle East instability
Chicago | Reuters — Chicago wheat and corn futures dipped on Thursday on technical trading after surging to June highs this week. Wheat had climbed to a 3-1/2-month peak as traders monitored drought in the important Black Sea region and signs of possible Russian export caps. Corn exceeded a three-month peak on Wednesday, underpinned by
Ukraine farm sector indirect losses may reach $83B due to Russian invasion, analysts say
Indirect losses in Ukraine's key agricultural sector caused by the Russian invasion could reach $83 billion by the end of 2025, mainly due to falling harvests, the Kyiv School of Economics (KSE) said on Thursday.
U.S. grains: Wheat extends rally with weather, war risks in focus
Chicago Board of Trade wheat futures rose further on Wednesday, setting a new 3-1/2-month high, as concern grew about drought in Russia while a drone attack on a Ukrainian river port kept attention on war risks.
ICE canola weekly outlook: Running into resistance
The ICE Futures canola market was still trending higher in the first trading days of October but showing signs of running into resistance.
EU proposes to delay landmark anti-deforestation law by 12 months
Law would ban the import of commodities linked to deforestation
The European Commission said on Wednesday it would propose to delay implementation of its flagship law banning the import of commodities linked to deforestation by a year, following calls from industries and governments around the world.
Russian drones attack port infrastructure, power substations in Ukraine
Russian drones overnight attacked port infrastructure in Ukraine's southern Odesa region, damaging a grain facility and buildings at a border crossing to Romania, as well as cutting power to thousands in the northern Sumy region, officials said.
White House sides with union as US dockworker strike enters second day
New York | Reuters — President Joe Biden’s administration heaped pressure on U.S. port employers to raise their offer to secure a labour deal with dockworkers on strike for a second day on Wednesday, choking half the country’s ocean shipping. The strike by the International Longshoremen’s Association (ILA) union has blocked goods from food to
U.S. grains: Wheat rallies on drought, geopolitical tensions; corn follows
Corn futures set new 3-month highs on support from wheat, and as oil prices jumped on Tuesday, after the Israeli military said on Tuesday that missiles had been launched from Iran at Israel and NATO's new chief Mark Rutte voiced strong support for Ukraine.
Vancouver grain workers reach tentative deal to end strike
Workers at six grain terminals in the Canadian port of Vancouver have reached a tentative deal on September 27, ending a strike potentially impacting exports from the world's top canola and number three wheat exporter during the harvesting period.