Insights and Stories on Crops

May. 11, 2023 at 3:49 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures rose on Thursday, snapping a three-session losing streak as a wave of bargain buying hit the market after prices sank to their lowest in 6-1/2 months, traders said. Corn and wheat futures fell, with poor demand for U.S. supplies pushing […]

By Mark Weinraub

May. 11, 2023 at 12:52 pm CDT

Reuters — Nutrien Ltd. on Wednesday cut its forecast for 2023 earnings as elevated fertilizer prices owed to Western sanctions on Russia and Belarus weigh on demand. U.S.-listed shares of the company fell 3.9 per cent in extended trading Wednesday as it also reported a lower-than-expected quarterly profit. Though fertilizer […]

By Reuters

May. 11, 2023 at 12:10 pm CDT

MarketsFarm — While traders and analysts continue to keep an eye on weather conditions, their collective focus will momentarily shift on Friday when the U.S. Department of Agriculture (USDA) releases its monthly world agricultural supply/demand estimates (WASDE). This month’s report will be highly significant as it will announce the first […]

By Adam Peleshaty

May. 10, 2023 at 8:12 pm CDT

Istanbul | Reuters — Turkish Foreign Minister Mevlut Cavusoglu said Wednesday he thought the Ukraine Black Sea grain deal could be extended for at least two more months, as officials from the parties involved held the first day of talks on an extension in Istanbul. Russia has said it would […]

By Reuters

May. 10, 2023 at 7:57 pm CDT

Chicago | Reuters — U.S. corn futures rose on Wednesday, their fifth day of gains in the last six sessions, on signs of strength in the cash market, traders said. Soybean futures ended lower as the market faced pressure from weakness in the crude oil market, as well as a […]

By Mark Weinraub