U.S. soybean futures reached a one-month peak on Friday and corn futures touched more than a four-month high after the U.S. Department of Agriculture lowered its U.S. harvest outlooks for both crops more than expected, traders said.
Wheat
U.S. grains: Soybean, corn futures rise after USDA lowers US harvest outlook
USDA lowers U.S. soybean/corn yield estimates
There were a few tweaks to the latest monthly report from the United States Department of Agriculture released on Nov. 8. The World Agricultural Supply and Demand Estimates not only lowered yields for U.S. corn and soybeans, the department reduced the ending stocks for both.
Prairie Wheat Weekly: Spring wheat bids rise, durum down
Spring wheat bids in Western Canada were slightly higher than the week before on Nov. 7, 2024. Meanwhile, durum prices were a bit lower.
U.S. grains: Soybeans climb near one-month high as vegoils shoot higher
Chicago Board of Trade soybean futures jumped to their highest level in about a month on Thursday on spillover strength from rallying vegetable oil markets, traders said.
Feed Grain Weekly: Barley preferred over corn at feedlots
Barley seems to be the preferred grain over corn at feedlots in the Lethbridge, Alta.-area during the week ended Nov. 7, 2024.
U.S. grains: Soy recovers after hitting one-week low on Trump victory
Chicago Board of Trade soybean futures recovered on Wednesday after sliding earlier to a one-week low as Donald Trump's victory in the U.S. presidential election fueled concerns over prospects of another trade war with top-importer China.
Russia’s grain policies help Ukraine secure sales
Russia's curbs on wheat exports have inadvertently helped Ukraine secure lucrative sales to Egypt this week while also inflating prices for the world's top importer, traders said.
U.S. grains: Soybeans, corn creep higher as traders await US election results
Chicago Board of Trade soybean and corn futures edged higher on Tuesday as traders adjusted positions and moved to the sidelines while awaiting results from the U.S. presidential election.
Canola speculative short position smallest in year
Speculators were busy covering short positions and moving more money to the long side of the canola market during the week ended Oct. 29, taking the net short position in the oilseed to its lowest level in over a year, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Significant rainfall benefits wheat in Argentina’s southern farmland
Argentina's current wheat crop benefited from significant rainfall that fell over southern parts of the country's agricultural area at the weekend, the Rosario Grains Exchange (BCR) said in a report on Monday.
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