Insights and Stories on Coronavirus

Feb. 5, 2020 at 4:00 pm CST

Chicago | Reuters — U.S. soybean futures rose modestly on Wednesday as strength from global equity markets and soyoil futures offset worries about export demand for U.S. oilseeds, traders said. Wheat futures firmed on technical buying. But corn drifted lower in rangebound trade as uncertainty about demand hung over the […]

By Julie Ingwersen

Feb. 5, 2020 at 3:03 pm CST

MarketsFarm — Market participants on the Chicago Board of Trade (CBOT) are waiting to see how China’s novel coronavirus outbreak will impact commodity demand and the global economy. As of Wednesday, confirmed cases neared 25,000 and the death toll was close to 500. In the midst of dealing with the […]

By Marlo Glass – MarketsFarm

Feb. 4, 2020 at 7:07 pm CST

Chicago | Reuters — U.S. grain and soybean futures firmed on Tuesday, supported by a broad rebound in equity markets following losses sparked by a coronavirus outbreak in China, analysts said. Worries about harvest delays in Brazil’s soybean areas added support. Chicago Board of Trade March soybeans settled up 2-1/2 […]

By Julie Ingwersen

Feb. 4, 2020 at 6:56 pm CST

Chicago | Reuters — U.S. hog futures closed mostly lower on Tuesday on concerns about a heavy slaughter pace coupled with uncertainty about export demand from China, the world’s biggest pork consumer, traders said. The weak tone underscored fears that the coronavirus outbreak in China could reduce export demand for […]

By Julie Ingwersen

Feb. 4, 2020 at 12:46 pm CST

MarketsFarm — Global shipping rates continue to decline, hitting record lows in some cases, amid declining demand and concerns over the coronavirus outbreak in China. The Baltic Dry Index (BDI), compiled by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea. The […]

By MarketsFarm Team