Insights and Stories on China

China driving crude oil price increases

Jan. 18, 2023 at 4:32 pm CST

MarketsFarm — China has largely been behind the current upticks in global crude oil prices, according to Tom Kloza, global head of energy analysis for Oil Price Information Services in Lakewood, NJ. He suggested that China’s economy will begin to pick up steam in 2023 after the government loosened its […]

ICE weekly outlook: Canola’s steady week takes late turn

Jan. 18, 2023 at 4:00 pm CST

By Adam Peleshaty

CBOT weekly outlook: Soy, corn markets’ eyes on South America

Jan. 18, 2023 at 3:42 pm CST

By Phil Franz-Warkentin

China’s 2022 pork output highest in eight years

Jan. 17, 2023 at 3:13 am CST

By Dominique Patton

CBOT weekly outlook: Bullish USDA report lifts grain markets

Jan. 12, 2023 at 3:23 pm CST

By Adam Peleshaty

Prairie cash wheat: Bids lower despite supportive factors

Dec. 30, 2022 at 8:04 pm CST

MarketsFarm — Despite concerns related to cold weather in the U.S., war in Ukraine and rising numbers of COVID-19 infections in China, most western Canadian wheat bids were lower for the week ended Thursday. Profit-taking in wheat futures was evident on the Chicago Board of Trade (CBOT), as March contracts […]

By Adam Peleshaty

China to launch grain reserves company in 2023

Dec. 29, 2022 at 6:00 pm CST

Reuters — China’s state-owned grains trader COFCO said on Thursday a new joint venture it has set up with state stockpiler Sinograin to manage the country’s huge grain reserves will officially begin operations next month. The China Enterprise United Grain Reserve Co. Ltd. was established in September, according to the […]

By Reuters

U.S. grains: Soybeans firm as investors track Argentine weather

Dec. 29, 2022 at 5:45 pm CST

Chicago | Reuters — Chicago soybean futures rose on Thursday, after rallying earlier in the day to the highest price since June, as investors tracked forecasts for much-needed rain across Argentine crops and China’s dropping of strict COVID-19 measures. But the price rally was capped by investors looking to capture […]

By P.J. Huffstutter

U.S. grains: Soy firm on Argentina weather, China demand hopes

Dec. 28, 2022 at 5:47 pm CST

Chicago | Reuters — Chicago soybean futures rose for a third consecutive session on Wednesday as traders watched weather forecasts in Argentina for signs of much-needed rainfall, while China’s dismantling of COVID-19 restrictions raised hopes for improved demand. Corn also found support from uncertain weather in South America, while wheat […]

By Christopher Walljasper

U.S. grains: Soybeans end higher

Dec. 27, 2022 at 4:50 pm CST

Chicago | Reuters — Chicago soybean futures ended slightly higher on Tuesday after jumping to six-month highs earlier in the day, supported by continued dryness in major soymeal exporter Argentina. Corn lifted after U.S. exporters reported a daily sale of 177,500 tonnes of corn for delivery to Japan, the U.S. […]

By Christopher Walljasper