U.S. soybean futures rose about one per cent on Monday, supported by fresh export demand, dry weather in the Midwest crop belt and uncertainty about the start of planting in Brazil, traders said.
Oilseeds
U.S. grains: Soybeans climb on export demand, dry weather in US and Brazil
Chinese tariffs not expected to stop canola flow
Anti-dumping investigation announcement had an immediate affect on prices, but market access not seen as major worry
China's shot across Canada's bow is splashing alarmingly close to U.S. farmers, who also felt the impact of China's announced anti-dumping investigation into Canadian canola as American elevator prices reflected the selloff.
Canadian canola ending stocks largest since 2020
Canadian canola ending stocks for 2023/24 were up significantly from the carryout the previous year, while revisions to the year-ago data saw wheat stocks tighten, according to the latest data from Statistics Canada released Sept. 9.
China begins anti-dumping probe into Canadian canola
China announced on Monday the start of a one-year anti-dumping investigation into imports of canola from Canada, just weeks before Ottawa's 100 per cent tariffs on Chinese-made electric vehicles and other products come into force.
Solid Canadian grain/oilseed exports to start 2024/25
Canadian grain and oilseed exports through the first month of the 2024/25 marketing year are running well ahead of what moved during the same time the previous year, with just over a million tonnes of canola already moved, according to the latest data from the Canadian Grain Commission. Total exports of all the major grain,
Analyst confident canola can weather anti-dumping storm
Glacier FarmMedia — Canada is well equipped to handle the latest canola dispute with China, says an analyst. For one thing, the industry has become far less export dependent the last couple of years, said Chuck Penner, analyst with LeftField Commodity Research. He is forecasting that crushers will process 11 to 12 million tonnes of
U.S. grains: Wheat rises on European supply issues, corn and soy on greater demand
Chicago wheat rose on Friday, and registered its biggest weekly gain in more than three months on concerns over lower production in Europe.
Alberta’s harvest ahead of average pace
Combining in Alberta reached 20 per cent complete as of Aug. 27, according to the latest provincial crop report issued Aug. 30. The harvest was eight points ahead of the five-year average. Also, nine per cent of Alberta’s crops have been swathed and 70 per cent remain standing.
EV tariffs raise Chinese retaliation worries
The Canadian Agri-Food Trade Alliance is closely monitoring China’s response to a new round of Canadian tariffs. The fear is that China may respond with retaliatory tariffs or other trade-restricting measures applied to some Canadian agri-food exports.
U.S. grains: Soybeans, corn rebound on renewed US export demand
Chicago soybean and corn futures rose on Thursday on short-covering and an uptick in export demand, though expectations for strong U.S. crop production limited gains, traders said.