Insights and Stories of P.J. Huffstutter

Feb. 20, 2019 at 4:18 pm CST

Chicago | Reuters — Chicago Board of Trade wheat futures plunged yet again on Wednesday as traders fretted over lagging U.S. exports despite them being competitively priced in the global market. Soybeans started the day off on the negative side, with the most active soybean contract dipping just below the […]

By P.J. Huffstutter

Feb. 19, 2019 at 7:07 pm CST

Chicago | Reuters — Chicago Board of Trade grain and soybean futures all soured on Tuesday as U.S. wheat sellers failed to nab any export sales and traders waited impatiently for news on the latest of talks on the U.S.-China trade war. Wheat was the story of the day: Most […]

By P.J. Huffstutter

Feb. 14, 2019 at 5:05 pm CST

Chicago | Reuters — Chicago Board of Trade (CBOT) grains and soybean futures tumbled on Thursday on news that China and other buyers had canceled a flurry of U.S. soybean orders in early January and Argentina’s soy crop could be larger than previously expected, traders said. The U.S. Department of […]

By P.J. Huffstutter

Jan. 11, 2019 at 3:14 pm CST

Chicago | Reuters — When the U.S. Department of Agriculture announced a slew of key farm reports would not be released on Friday due to the partial government shutdown, the phones at crop forecaster Gro Intelligence blew up. The USDA was set to release its views on the projected size […]

By P.J. Huffstutter, Tom Polansek

Jan. 3, 2019 at 6:59 pm CST

Chicago | Reuters — Grains trader Cargill on Thursday reported a 20 per cent drop in its fiscal second-quarter 2019 net earnings, as global trade tensions hit the bottom line along with challenges in the Chinese hog sector and a struggling U.S. dairy business. Three of the company’s four business […]

By P.J. Huffstutter