Markets
U.S. corn futures plunged to contract lows on Tuesday after the Department of Agriculture projected a record-shattering corn harvest this year as farmers planted more acres than expected and the crop faced few weather challenges this summer.
Markets
Record yields forecast for U.S. corn and soybeans
Corn at 188.8 bu./ac. soybeans at 53.6 bu./ac.
Record large corn and soybean yields are expected in the United States this year, according to the latest estimates from the U.S. Department of Agriculture released Aug. 12.
China launches anti-dumping investigation into Canadian pea starch
Probe is expected to last a year
China launches anti-dumping investigation into Canadian pea starch
U.S. livestock: Cattle, hogs make gains
Chicago cattle futures closed with small gains on Monday after Friday's fall. Lean hog futures were also up.
U.S. grains: Soybeans rally after Trump urges China to buy more U.S. beans
U.S. soybean futures rallied to a two-week high on Monday after U.S. President Donald Trump said he hoped China would quadruple its soybean buying from the United States and as forecasts of hot, dry U.S. weather sparked some concern about yields.
Trump urges China to quadruple soybean orders
Analysts say quadrupling soybean orders is ‘highly unlikely’
U.S. President Donald Trump on Sunday urged China to quadruple its soybean purchases ahead of a key tariff truce deadline, sending Chicago soybean prices higher, though analysts were quick to question the feasibility of any such deal.
U.S. livestock: Cattle futures fall hard, hogs mixed
Feeder and live cattle futures fell hard on Friday while lean hogs closed on either side of unchanged.
Wheat losses expected
Market analyst says spring wheat isn’t a ‘money-making thing’ under current prices
many farmers won’t make a profit growing spring wheat this year, but there should be good demand for high protein, high quality wheat.
Canadian canola sector happy with U.S. bill
COPA is thrilled with changes to 45Z, but not so much with EPA proposal.
U.S. grains: Chicago corn, wheat choppy amid demand uptick, ample supply
Chicago wheat, corn and soybean futures chopped up and down but ended lower on Friday as traders weighed a bounce in demand fuelled by low prices against expectations of ample supply and upcoming U.S. government crop forecasts.
