Reading Time: 2 minutes Chicago Board of Trade wheat futures reached a 12-week high on Friday as escalating tensions in Russia's war with Ukraine increased uncertainty about Black Sea exports.
Cereals
U.S. grains: CBOT wheat hits 12-week peak on Black Sea tensions
Alberta weekly crop report: Harvest yields are coming in lighter than expected
Reading Time: 2 minutes Combining of major crops in Alberta progressed 23 points during the week ended Sept. 10, reaching 54 per cent, according to the province's latest weekly crop report. While dry weather helped to advance the harvest, crop yields were not meeting expectations.
Prairie Wheat Weekly: Cash prices for spring wheat, durum mostly higher on the week
Reading Time: 2 minutes Cash prices for Canada Prairie Red Spring Wheat and Canadian Western Amber Durum were up for the week ended Sept. 12, while those for Canadian Western Red Spring Wheat were mostly higher.
U.S. grains: Corn ends higher despite USDA raising US yield outlook
Reading Time: 2 minutes Chicago Board of Trade corn futures ended higher on Thursday, rebounding from a drop to near two-week lows after the U.S. Department of Agriculture (USDA) raised its estimate of the U.S. corn crop, traders said.
Saskatchewan crop report: Hot, dry conditions help harvest
Reading Time: 2 minutes Saskatchewan’s harvest was more than halfway finished at 61 per cent complete, although not as much as the 68 per cent complete from one year ago. The figure was higher than the 42 per cent reported last week, the five-year average of 50 per cent and the 10-year average of 46 per cent. The southwest region was the nearest to completion at 85 per cent while the northeast region’s harvest was only at 34 per cent.
Feed Grains Weekly: Prices moving higher, but maybe not much more says broker
Reading Time: < 1 minute With Alberta farmers presently reluctant to sell their barley and wheat for feed, cash prices have been on the upswing, according to Darcy Haley, vice-president Ag Value Brokers in Lethbridge.
USDA’s September numbers meet trade expectations
Reading Time: 2 minutes Coming within market expectations was essentially the central theme in the September supply and demand report (WASDE) from the United States Department of Agriculture released on Sept. 12.
La Niña weather 71 per cent likely to develop in Sept-Nov, says US forecaster
Reading Time: < 1 minute There is a 71 per cent chance of La Niña weather conditions developing during the September to November period, a U.S. government forecaster said on Thursday.
Russian missile hit civilian ship carrying Ukrainian grain in Black Sea, Zelenskiy says
Reading Time: < 1 minute A Russian missile hit a civilian vessel carrying grain from Ukraine that had already left Ukrainian waters in the Black Sea, President Volodymyr Zelenskiy said on Thursday.
U.S. grains: Wheat climbs to one-week high; soy, corn firm ahead of USDA data
Reading Time: 2 minutes U.S. wheat futures hit a one-week high on Wednesday, supported by signs that supply pressure from the Black Sea export region may be easing, analysts said.