Chicago grains and soybeans firmed on Friday as expectations improved for U.S.-China trade relations after leaders of the two countries spoke and agreed to further discussions.
Tag Archives Chicago Board of Trade
U.S. grains: Chicago futures firm on weather, U.S.-China trade optimism
CBOT weekly: Good weather weighs on soybeans/corn, with more room to downside
A lack of any major weather concerns kept soybean and corn futures at the Chicago Board of Trade trending lower during the last week of July, with many months hitting contract lows.
CBOT weekly outlook: Bearish picture for commodities
Prices may not go much lower given the commodities have hit contract lows, says analyst
Ahead of the United States Department of Agriculture Outlook Forum, analyst Bryan Strommen of Progressive Ag in Fargo, N.D. painted a rather bearish picture for the commodity markets. However, he noted that prices might not go much lower given the commodities have hit contract lows.
Net fund short position edges down in canola
CBOT fund traders were liquidating some large net long positions in soybeans
Fund traders were buying back some of their large net short position for the fourth week in a row in late-November, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
CBOT weekly outlook: Ending stocks of corn, soy predicted to rise
Ending stocks of wheat projected to drop as drought hits Kansas winter wheat
MarketsFarm — Ahead of supply and demand estimates from the U.S. Department of Agriculture due out Friday, analyst Tom Lilja of Progressive Ag in Fargo, N.D. predicted increases in 2023-24 ending stocks for U.S. corn and soybeans and decline for wheat. The average trade guess for wheat going into this month’s report was approximately 570
CBOT weekly outlook: Quick seeding bringing down prices
U.S. debt ceiling negotiations affected crude oil prices, agricultural commodities mostly immune
MarketsFarm – Prices for corn, soybeans and wheat on the Chicago Board of Trade (CBOT) were pressured by fast planting paces during the week ended May 31, according to one trader. The U.S. Department of Agriculture (USDA) reported on May 30 that 92 per cent of the country’s corn crop was planted as of Sunday,
Canola well supported despite profit-taking
New data on global oilseed stocks may take on added importance later
The ICE Futures canola market came under some pressure during the week ended Dec. 10, as speculators booked profits on their large net long positions and the months-long uptrend showed signs of faltering. After a year of unprecedented strength all of the bullish news should be well known for canola. The tight supply situation was confirmed by Statistics
ICE canola gains outpace CBOT soybeans
January canola punched above $1,000 before Remembrance Day
A bullish report from the U.S. Department of Agriculture helped soybean futures at the Chicago Board of Trade recover off of 10-month lows during the second week of November — but the ICE canola market easily outpaced the soy complex to the upside, as a number of independent factors helped the Canadian oilseed hit fresh
CBOT weekly outlook: Potential U.S.-China trade deal moving markets
Speculation regarding a potential trade deal between the United States and China is sparking movement on the Chicago Board of Trade (CBoT). Ryan Ettner, broker for Allendale Inc. in McHenry, Ill., said there was optimism on the markets last week when trade representatives from both nations restarted talks. With the countries’ current deal expiring at
Favourable Australian weather spells second bumper wheat harvest
Australia is poised for a second consecutive bumper wheat harvest as farmers plant grain in near-perfect growing conditions, easing some of the global supply concerns, which lifted world prices to multi-year highs last month. Widespread rains in key growing states ahead of planting in April and May boosted the soil moisture needed for seeds to
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