Insights and Stories on International

U.S. grains: Wheat jumps on short-covering

Oct. 5, 2016 at 5:56 pm CDT

Chicago | Reuters — U.S. wheat futures rose more than two per cent on Wednesday as signs of fresh export demand triggered a short-covering rally in a market where commodity funds hold a large net short position, traders said. Corn futures ended lower after a choppy session while soybeans fell, […]

U.S. livestock: Burdensome supplies slam lean hog futures

Oct. 5, 2016 at 5:46 pm CDT

By Theopolis Waters

Egypt stocks up on strategic commodities ahead of devaluation

Oct. 5, 2016 at 12:17 pm CDT

By Eric Knecht maha-el-dahan

Monsanto surprises with adjusted profit as expenses drop

Oct. 5, 2016 at 11:45 am CDT

By Karl Plume

EU’s Juncker seeks to win over Austria on CETA

Oct. 5, 2016 at 11:28 am CDT

By Reuters

U.S. livestock: Live cattle post biggest daily percentage gain in a year

Oct. 4, 2016 at 5:35 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures surged about three per cent on Tuesday to their best one-day performance since October 2015, sparked by short-covering and technical buying, said traders. Prior to Tuesday’s open, CME live cattle contracts displayed a Relative Strength Index (RSI) of 27. A […]

By Theopolis Waters

MGEX spring wheat futures pull away from winter wheat

Oct. 4, 2016 at 3:16 pm CDT

CNS Canada — Minneapolis spring wheat futures are pulling away from their winter wheat counterparts, as quality issues with the North American spring wheat crop bring in protein premiums, according to an analyst who said there was more room to the upside in spring wheat. Kansas City and Chicago winter […]

By Phil Franz-Warkentin

U.S. grains: Soybean rally snuffed out as harvest advances

Oct. 4, 2016 at 3:05 pm CDT

Reuters — Chicago soybean prices fell on Tuesday, snuffing out a three-session rally as an accelerating U.S. harvest shifted attention back toward the prospect of record production. Corn edged higher, supported by short-covering in spread trades against soybeans, while wheat finished flat, held in check by technical selling and ample […]

By Rod Nickel

Cargill profit jumps on beef demand, grain margins

Oct. 4, 2016 at 2:59 pm CDT

Reuters — Global commodities trader Cargill reported a sharply higher quarterly net profit on Tuesday, helped by rising beef demand and stronger grain trading and processing margins. The privately held company’s net income rose 66 per cent to $852 million in the first quarter ended Aug. 31 from $512 million […]

By Karl Plume

U.S. grains: Corn jumps in trading against wheat

Oct. 3, 2016 at 6:19 pm CDT

Reuters — U.S. corn futures jumped to a 10-1/2 week high on Monday, lifted by trades that simultaneously bought the grain and sold wheat, after last week’s report on supplies by the U.S. Department of Agriculture. Chicago wheat slipped, while soybeans rose to their highest since Sept. 23 on short-covering […]

By Rod Nickel