General Comments Trade in grains and the soy complex was indecisive overnight and volume was light. Asian traders should begin returning to action starting tomorrow and will be in full force by next Monday. Some market watchers expect Chinese buyers to quickly become active in the South American soybean market and the U.S. new crop soybean market. Falling soybean prices will have them looking at the best crushing margins they have seen in a long while, and no doubt there will be an effort to lock in soybean supplies.As for the day session, the market celebrated Valentine's Day with red numbers instead of red roses. Wheat, corn and the soy complex all closed with small to moderate losses. The sole exception was soybean oil, for which the...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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