Glacier FarmMedia – SOYBEAN contracts were in positive territory on the Chicago Board of Trade on Tuesday, but did little to recover from its heavy losses on Monday.
The meeting between United States President Donald Trump and Chinese President Xi Jinping will be postponed to next month due to the ongoing conflict in the Middle East.
The European Commission reported that soybean imports this marketing year were 8.74 million tonnes as of March 15, down from 9.81 million one year earlier.
CORN prices were steady on Tuesday after a day of choppy trade.
Read Also
ICE Closing Review: Canola in the green
Glacier FarmMedia – It was a turnaround Tuesday for canola and comparable oils, recovering most of Monday’s heavy losses. A…
The Ukrainian agriculture ministry said all grain plantings in 2026 are projected to be six million hectares, up 4.6 per cent from the past year, including 4.42 million hectares of corn.
Coceral estimated the combined European Union and United Kingdom corn crop to be 60.7 million tonnes in 2026, up 1.8 million from the previous year.
WHEAT futures on the Chicago Board of Trade were lower on Tuesday, despite forecasts of dry spring conditions.
Hard red winter wheat growing areas in the western U.S. Plains will remain short of moisture into late March. Drier and warmer conditions are also forecast for the Delta region.
Winter wheat conditions in Kansas were down four points at 52 per cent good to excellent, said the state’s crop progress report. Topsoil moisture was rated 48 per cent short or very short, up 10 points from the previous week.
Cumulative EU wheat exports this marketing year totalled 16.77 million tonnes as of March 15, up 1.23 million from a year ago.
Coceral estimated EU wheat production at 142.6 million tonnes, down 1.3 million from its previous estimate.
