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A locust is seen on a plant at Gran Guardia, Formosa, Argentina on June 1, 2020. (Photo: Senasa handout via Reuters)
Crops

Argentina says hit by second locust swarm, farmers on alert

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Buenos Aires | Reuters — Grains powerhouse Argentina is getting hit by a second swarm of locusts arriving from neighbouring Paraguay, Argentina’s Senasa agricultural health inspection agency said on Tuesday, putting farmers on notice about possible crop damage. The new swarm is concentrated in the province of Formosa in north-east Argentina, on the Paraguay border.
CBOT July 2020 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Wheat slips on bumper harvest, soy up on exports

Corn inches up on technical trading, weather questions

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Chicago | Reuters — Chicago wheat futures slid again on Thursday, dropping to their lowest in more than eight months amid a bumper U.S. harvest and well-timed European rains. Soybeans and corn edged higher, on technical trading and signs weather may not be so crop-friendly across the U.S. Corn Belt in coming days. The most-active
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In single Brazilian state, some 2,400 meat plant workers catch coronavirus

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More than a quarter of the confirmed novel coronavirus cases in Brazil’s southernmost state of Rio Grande do Sul are among meat plant workers, the labour prosecutors’ office said June 1. The prosecutors said in a statement that an estimated 2,399 employees from 24 slaughterhouses in 18 municipalities of the state have been infected. That
CBOT July 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybeans gain on China demand

Improved U.S. rating lifts expectations for bumper corn crop; wheat up on pre-report positioning

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Chicago | Reuters — Chicago soybean futures gained on Wednesday, supported by solid demand from the world’s biggest importer, China, while corn edged lower on strong crop conditions. Wheat inched higher after falling for three consecutive sessions, but advances remained capped by a progressing winter wheat harvest in the U.S. southern Plains. Traders positioned ahead
Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Crop commodities rangebound

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MarketsFarm — Favourable growing conditions across most of the U.S. — and a good start to the growing season — have kept commodity prices on the Chicago Board of Trade locked in a sideways range. In the crop progress report released Tuesday from the U.S. Department of Agriculture (USDA), the U.S. corn crop was approximately
File photo of pre-COVID-19 rush-hour traffic on the interchange between the Interstate 10 and 110 freeways near downtown Los Angeles. (Art Wager/E+/Getty Images)
Crops, Markets

CBOT weekly outlook: Ag commodities steady

Slack demand for biofuel has dragged on corn

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MarketsFarm — Crop commodity values on the Chicago Board of Trade (CBOT) have largely stabilized as COVID-19 restrictions are relaxed in several U.S. states. “We’ve been playing this virus for a few months now,” said Scott Capinegro of Barrington Commodities in Barrington, Ill. COVID-19-related lockdown measures decimated demand for ethanol, which put considerable pressure on

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