Chicago soybean futures rose on Friday, driven by short-covering ahead of the weekend and technical buying, after forecasts for a bumper South American crop sent soy futures plunging to a four-year low a day earlier.
Wheat
U.S. grains: Soybeans extend gains in technical rebound, wheat hits new lows
Prairie Wheat Yearly: Declines in cash prices from modest to substantial
Sharp losses in U.S. wheat complex
While Western Canadian cash prices for spring wheat stepped back modestly during 2024, those for amber durum were down hard.
U.S. grains: Soybeans rebound after sinking to a new four-year low
Chicago soybean futures rebounded on technical buying on Thursday after plunging to a four-year low, while wheat fell to lifetime lows as a strong dollar added to concerns about competition from other exporting zones, traders said.
AAFC adjusts monthly estimates, cites caution for canola exports
Impact of China's anti-dumping investigation unknown at this time
Agriculture and Agri-Food Canada adjusted its latest supply and demand estimates issued on Dec. 19. This followed the updated Statistics Canada figures from two weeks ago.
Feed Grains Weekly: Trump looms over Prairie feed market
Weaker Canadian dollar less of an influence
Currently, United States President-elect Donald Trump is more of an influence on Western Canadian feed grain prices than a weaker Canadian dollar said Brandon Motz of CorNine Commodities in Lacombe, Alta.
CBOT Weekly: Chicago soy complex tumbles, grains weaken
A variety of factors caused the Chicago soy complex to fall at the Chicago Board of Trade during the week ended Dec. 18, 2024.
U.S. grains: Soybeans plummet to four-year low on Brazil crop outlook
Chicago soybean futures fell to a four-year low on Wednesday, pressured by bumper crop prospects in Brazil and a slide in soyoil prices after a proposed U.S. government spending bill failed to include support for biodiesel, traders said.
U.S. grains: Soybeans hit contract lows on strong South American harvest
Chicago soybean futures sank to life-of-contract lows on Tuesday as favorable crop conditions in Brazil and weak Chinese demand for U.S. soybeans hung over the market, traders said.
EU crops in fair shape but Black Sea rim lacks winter strength, monitor says
Cereal fields in Europe are generally in good condition after a dry, mild spell helped them recover from a soggy start to autumn, though grain belts around the Black Sea are lacking hardiness for winter, the EU's crop monitoring service said on Monday.
U.S. grains: Corn, soy choppy amid demand uptick and strong South American crop
Chicago corn and soybean futures seesawed on Monday as market players weighed an uptick in fund buying interest against the prospect of a bumper South American corn and soy crop, traders said.
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