The United States Department of the Treasury together with the Internal Revenue Service released much-anticipated short-term guidance on tax credits for biofuels on Jan. 10, giving the soyoil market a boost to end the week.
U.S. Treasury releases guidance on clean fuels tax credits
CBOT weekly: Chicago soybeans/corn looking for direction
South American weather forecasts, positioning ahead of the Jan. 10 United States Department of Agriculture supply/demand report and uncertainty over trade policies under the incoming Trump administration were all influencing the Chicago grain and oilseed markets during the first days of 2025.
U.S. Livestock: Cattle futures running into resistance at highs
Cattle futures at the Chicago Mercantile Exchange continued to rise Tuesday. Most active February live cattle futures ended up 0.375 cents per pound at 195.575 cents a pound. Values hit fresh highs in many months, although ideas the market was looking overbought tempered the advances.
U.S. Livestock: Falling temps boost cattle futures
Live cattle futures on the Chicago Mercantile Exchange were stronger Monday, hitting fresh contract highs in many months as forecasts calling for cold temperatures across United States ranching areas raised concerns over reduced weight gains for grazing cattle.
The global forces that shaped 2024 grain markets
Will the same factors hold true as 2025 takes the stage?
From the ongoing war to Ukraine to an incoming second Trump administration, tensions with China, labour disputes, low water challenges and more: here are the biggest global forces tugging on the markets as farmers look to 2025.
Top agriculture market-moving news stories of 2024
Grain and oilseed markets had their ups and downs in 2024, with wars, labour unrest, trade disputes and politics often providing more direction than the traditional supply/demand fundamentals.
What the grain markets did in 2024
Summing up 2024 grain prices: canola went sideways, wheat went down and funds are bearish
Summing up 2024 grain prices: canola went sideways, wheat went down and funds are bearish
ICE canola weekly outlook: U.S. biofuel uncertainty weighs
The ICE Futures canola market fell sharply lower during the week ended Dec. 18, as bearish technical signals and losses in the Chicago soy complex weighed on values.
Interest rates ratchet back
Central bank reduces the cost of borrowing, generally something that's good news for farmers
Central bank reduces the cost of borrowing, generally something that’s good news for farmers.
Prairie spring wheat bids rise as loonie falls
Hard red spring wheat bids in Western Canada moved higher during the week ended Dec. 12, as gains in the United States futures and weakness in the Canadian dollar provided support.