Reading Time: < 1 minute Wheat ending stocks in the United States and around the world may be tighter than earlier thought, according to the latest supply/demand estimates from the U.S. Department of Agriculture released Dec. 8.
Cereals
USDA lowers wheat carryout calls, minor adjustments elsewhere
Corn production in Argentina and Brazil left unchanged in new report
Senate tables second amendment for Bill C-234
A question of privilege over bullying has been sent to the Senate's ethics committee
Reading Time: < 1 minute An amendment to reduce Bill C-234's sunset clause by five years was tabled in the Senate yesterday evening.
U.S. grains: Soybeans rally ahead of Argentina’s inauguration of Milei, U.S. export sales
The libertarian president-elect has pledged to dollarize the economy, leading to devaluation rumours
Reading Time: 2 minutes U.S. soybean futures rose on Thursday on a fresh round of export sales and the prospect of Argentina's new President Javier Milei devaluing the nation's currency after he takes office over the weekend, analysts said.
U.S. grains: Wheat rises on third day of US sales to China; soy, corn retreat
Corn and soybean were pressured by weather forecasts for Brazil and parts of South America
Reading Time: 2 minutes Chicago wheat pared gains on Wednesday after touching a four-month high following a third straight day of private sales of U.S. wheat to China, the largest wave of Chinese purchases in almost a decade.
U.S. grains and oilseeds trading South American weather/charts
Wheat rallied around Chinese purchases, soybeans came under pressure
Reading Time: 2 minutes The seasonal slowdown in the North American grain and oilseed markets has traders in the Chicago futures taking direction from shifting weather forecasts out of South America, with technical chart signals also at play in the futures heading into the New Year.
U.S. grains: wheat futures rocket higher on private sales to China
Corn ended narrowly mixed supported by a favorable export inspection report by U.S. government
Reading Time: 2 minutes Chicago Board of Trade wheat rose nearly three per cent on Monday, with the most-active contract Wv1 reaching the highest level since late August after the U.S. Department of Agriculture confirmed the largest one-off private sale to China in years.
Canadian wheat, canola harvests expand, rebound from dry conditions
Global wheat ending stocks have fallen four years in a row on tough weather conditions
Reading Time: < 1 minute Canadian farmers will harvest more wheat and canola than was expected several months ago, as crops rallied from dry conditions that threatened yields, a government report showed on Monday.
Weather Network predicts mild winter, with caveats
Colder scenario expected for East
Reading Time: 2 minutes MarketsFarm — Strong El Niño conditions that have developed in the Pacific Ocean would typically lead to a milder winter across Canada — but other factors this year could challenge that outlook, according to the winter forecast from The Weather Network, released Wednesday. The winter forecast features a mild start to the season, with a […] Read more
U.S. grains: Chicago wheat, corn rally as export sales top forecasts
Soybeans lower in narrow trading
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat and corn futures climbed more than one per cent on Thursday as traders covered more short positions following a slump to multi-year lows and as weekly export sales topped forecasts and included sizeable purchases by major importer China. Soybeans were lower in range-bound trading after the U.S. Department of […] Read more
U.S. grains: Chicago wheat finishes higher on short covering
Soybeans nearly unchanged, drought in Brazil looms over production
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures climbed more than two per cent on Wednesday, extending gains from the previous session as traders covered their short positions ahead of month-end and first notice day for the spot December contract. Soybeans retreated in early trading before recovering as traders accessed adverse crop weather in Brazil. Corn […] Read more