Reading Time: 2 minutes Chicago Board of Trade corn futures on Friday dipped below $4 per bushel in the front-month contract Cc1 for the first time since November 2020, as hefty U.S. and global supplies weighed over the market.
Cereals
U.S. grains: Corn and soybeans slump on supply glut, export competition
Wheat futures weaken as U.S. files sanctions against Russia
French farmers prepare tough welcome for Macron at farm show
Demonstrations resume amid anger over costs, red tape, green regulations
Reading Time: 2 minutes French farmers were back on the streets of Paris on Friday, warning President Emmanuel Macron that he should expect a difficult welcome when he opens a major farm show on Saturday, amid anger over costs, red tape and green regulations.
U.S. grains: Corn, soy hit multi-year lows as South American supply fears wane
Rising stockpiles, falling Chinese demand spurred massive short in corn, soy
Reading Time: 2 minutes U.S. corn and soybean futures fell to three-year lows on Thursday, dragged down by expectations of ample South American harvests and rising stockpiles at a time of uncertain demand, analysts said.
Feed barley under pressure, but opportunities available
Corn downturn likely to keep feedlots looking to extend coverage
Reading Time: < 1 minute Feed barley bids in Western Canada remained under pressure in mid-February amid continued imports of corn from the United States and the relatively mild Prairie winter. However, localized spot opportunities do pop up occasionally.
Poland-Ukraine government talks set for March 28, farmer protests persist
Farmers have broad public support; gov. trying to balance farmer, defense needs
Reading Time: 2 minutes Poland's prime minister said on Thursday the Polish and Ukrainian governments would meet in Warsaw on March 28, but did not accept a request by Ukraine's president for urgent talks on border blockades by Polish farmers.
U.S. farmers face harsh economics with record corn supplies in silos
Growers miscalculated when they held on to corn rather than booking sales, experts say
Reading Time: 5 minutes Farmers across the United States are kicking themselves for putting off corn sales after fields dried up in May and June, fueling expectations for higher prices and smaller harvests. Instead, prices tanked as rains saved the crop. The size and speed of the price collapse stung farmers and left their storage bins stuffed with record amounts of corn.
U.S. grains: Corn slides to three-year low near $4 a bushel on ample supplies
Soybeans followed corn lower; wheat ended mostly weaker
Reading Time: 2 minutes Chicago | Reuters -- U.S. corn futures fell to three-year lows on Wednesday, nearing $4 a bushel as ample domestic grain supplies and strong South American crop prospects weighed on sentiment, analysts said.
ICE Canada weekly outlook: Markets to react to Nvidia earnings report
Tech giant, while unrelated to crops, asserts gravitational pull on markets
Reading Time: < 1 minute The path canola as well as other commodities will very likely be determined by the latest earnings report from technology giant, Nvidia, according to analyst Errol Anderson of Errol’s Commodity Wire in Calgary, Alta.
Indian farmers pause protest march to Delhi after government offers talks
Farmers demanding higher crop prices backed by law
Reading Time: 2 minutes Indian farmers demanding higher prices for their produce paused their protest on Wednesday after the government made a new offer to resume talks, hours after police fired tear gas and used water cannons to scatter thousands staging a march to Delhi.
Prairie forecast: Mild start, then a chance of storms
Issued Feb. 21, covering Feb. 21 to 28, 2024
Reading Time: 4 minutes Sunshine prevailed a fair bit more over the last forecast period than expected and so did the milder temperatures. Oh, sure there were a couple of cold nights, especially over the eastern half of the prairies, but overall, temperatures ended up being about 2 to 4 C warmer than what was forecasted.