Reading Time: 2 minutes U.S. soybean futures fell about 1.5 per cent on Thursday on disappointing weekly U.S. export sales data coupled with strong competition from Brazil, where the soy harvest is expanding, traders said.
Cereals
U.S. grains: Soybeans slide on disappointing US export data; corn also down
Demand for U.S. soy hampered by strong competition from Brazil, China's economic woes
Prairie feed market remains under pressure
U.S. corn imports adding to lack of demand for domestic barley
Reading Time: 2 minutes Feed grain markets in Western Canada remain under pressure, with end users well covered and farmers still sitting on large amounts of unpriced grain.
CBOT weekly outlook: Downturn continues for grains
Early harvest reports from South America could affect prices
Reading Time: 2 minutes March grain futures at the Chicago Board of Trade (CBOT) were in decline during the week ended Jan. 31 despite receiving a boost on Jan. 30.
U.S. grains: Wheat futures sag; corn, soybeans hover near multi-year lows
South American rainfall, Chinese demand, good production outlook for U.S., Russian wheat weighing on prices
Reading Time: 2 minutes U.S. wheat futures fell on Wednesday on technical selling and spillover weakness from European wheat markets amid thin export demand, while corn and soybeans stabilized after setting multi-year lows a day earlier.
St. Lawrence Seaway sees increased tonnage in 2023
The seaway saw the longest scheduled shipping season in history
Reading Time: < 1 minute Cargo movement through the St. Lawrence Seaway was up by more than 3.4 per cent in 2023 compared to the previous year, with nearly 38 million tonnes of cargo moved through the binational system, according to a joint report from the Canadian St. Lawrence Seaway Management Corporation (SLMC) and the United States Great Lakes St. Lawrence Development Corporation (GLS).
U.S. grains: Corn, soybeans close higher, rebounding after multiyear lows
Wheat followed the firm trend, bouncing after a slide to one-week lows
Reading Time: 2 minutes U.S. corn and soybean futures rallied on Tuesday, closing higher on a round of bargain buying after both commodities fell to multiyear lows, although supportive news about supply and demand was lacking, analysts noted.
Argentina wheat harvest ends up 24 per cent year over year
Low prices dent economic impact
Reading Time: < 1 minute Argentine farmers have closed the 2023/24 wheat campaign with a harvest of 15.1 metric tons, slightly lower than initially hoped for but up nearly a quarter versus the drought-hit previous season, the Buenos Aires grains exchange said on Tuesday.
Motion to squash Bill C-234 amendments put to MPs
Pass the bill as-is now, or risk passing nothing at all says Bloc
Reading Time: 2 minutes Bill C-234, which would amend the Greenhouse Gas Pollution Price Act, was once again the subject of debate as Parliament resumed today. Conservative MP Ben Lobb tabled a motion to essentially reject the Senate’s amendments to the bill.
U.S. grains: Soy hits 2-yr lows on South American crop prospects, demand worries
Chinese demand less certain as real estate crisis deepens there
Reading Time: 2 minutes U.S. soybean futures fell to two-year lows below $12 a bushel on Monday, pressured by improving prospects for large South American harvests and worries about demand as top global soy buyer China struggles with a real estate crisis, analysts said.
USDA attaché reports from Canada, other countries
Drought, grasshoppers among concerns cited for Canadian Prairies
Reading Time: 2 minutes The Global Agricultural Information Network of the United States Department of Agriculture issued a series of reports during the week ended Jan. 26. Of those, some of them could have an affect on the North American markets.