soybeans

Weather-related soybean rally supportive for ICE canola futures

Trump’s threat of a trade war with Mexico could be bearish

ICE Futures canola contracts climbed higher during the week ended May 31, as a rally in the Chicago Board of Trade soy complex provided spillover support. The slow pace of spring seeding in the United States catalyzed the rally in Chicago soybean and corn markets, with heavy rains keeping Midwestern farmers off of their fields.

CBOT July 2019 soybeans (candlestick chart) compared to July 2019 soybeans (orange line chart). (Barchart)

CBOT weekly outlook: Weather, trade wars keep futures volatile

MarketsFarm — Extended durations of wet spring weather continue to buoy prices on the Chicago Board of Trade — and price volatility will remain high based on long-term weather forecasts. “Whenever you’re in a weather problem phase, volatility tends to increase,” explained Terry Reilly, a grains analyst with Futures International. Currently, soybeans are trading around









Pressures on soybean market put crunch on canola values

Pressures on soybean market put crunch on canola values

China trade troubles outweigh concerns about late planting

ICE Futures canola contracts moved higher for most of the week ended May 17 before running into resistance, as the Canadian oilseed reacted to activity in the Chicago soybean complex. The July contract has improved by roughly $20 per tonne off of its early-May lows over the past two weeks, and saw additional strength when