Insights and Stories on South America

Jan. 18, 2017 at 6:51 pm CST

Chicago | Reuters –– U.S. soybean futures rose on Wednesday for a fourth straight session, notching a six-month high on worries that recent heavy rains could damage crops in Argentina. Wheat and corn closed lower on a round of profit-taking after multi-month highs. Chicago Board of Trade March soybeans settled […]

By Julie Ingwersen, Renita D. Young

Jan. 18, 2017 at 6:08 pm CST

CNS Canada — ICE Futures Canada canola contracts posted substantial gains during the week ended Wednesday, taking strength from a rally in the soy complex. Both front-end contracts rose $17 on the week, with the March contract jumping from $498 at its Jan. 11 close to settle at $515 a […]

By Dave Sims

Jan. 18, 2017 at 5:53 pm CST

CNS Canada — Soybean futures at the Chicago Board of Trade posted sharp gains over the past week, as weather concerns in Argentina and a bullish U.S. Department of Agriculture report sparked a rally. South American weather also underpinned the corn market — and both commodities will be following the […]

By Phil Franz-Warkentin

Jan. 11, 2017 at 7:23 pm CST

CNS Canada — ICE Futures Canada canola contracts moved lower during the week ended Wednesday, breaking below some chart resistance levels in the process. The chart pattern is turning flat, however, and further moves will likely depend on outside factors. Speculators have moved to the short side in the canola […]

By Phil Franz-Warkentin

Jan. 5, 2017 at 8:34 pm CST

Chicago | Reuters — U.S. seeds and agrochemicals company Monsanto, in the process of being bought by Germany’s Bayer for US$66 billion, swung to a quarterly profit, helped by higher demand from South America. Sales of soybe2an seeds and traits jumped 37 per cent as more farmers in South America […]

By P.J. Huffstutter