Reading Time: 2 minutes Cash wheat prices for Canada Prairie Red Spring Wheat and Canadian Western Red Spring Wheat were higher for the week ended Aug. 29, while those for Canadian Western Amber Durum were mixed.
Cereals
Prairie Wheat Weekly: Reds are up, while amber is mixed
U.S. grains: Soybeans, corn rebound on renewed US export demand
Reading Time: < 1 minute Chicago soybean and corn futures rose on Thursday on short-covering and an uptick in export demand, though expectations for strong U.S. crop production limited gains, traders said.
U.S. livestock: Live cattle futures fall on consumer demand questions
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) live cattle futures fell on Wednesday as boxed beef cutout values turned lower ahead of the U.S. Labor Day holiday on September 2, when many Americans light up their grills, traders said.
CBOT Weekly: Wheat set to increase, as soybeans, corn to recede
Reading Time: < 1 minute While the general direction for soybeans and corn on the Chicago Board of Trade is to continue moving lower, United States wheat was on the rise and is to remain so in the coming weeks, according to a trader.
U.S. grains: Soybeans and corn ease on rain forecasts
Reading Time: < 1 minute Chicago soybean and corn futures stumbled on Wednesday as traders assessed whether beneficial rain and forecasts for milder weather will aid the country's corn and soy crops during their final growing stages, analysts said.
StatCan field crops report numbers fairly acceptable says analyst
Reading Time: 2 minutes Statistics Canada’s production estimates in its principal field crops report issued Aug. 28, came in better than expected according to MarketsFarm analyst Mike Jubinville. While Jubinville thought StatCan might peg the 2024/25 canola crop at around 20 million tonnes, the federal agency placed their call at 19.50 million, while a poll by Reuters expected 19.20 million.
Grain commission revokes Purely Canada licence
Reading Time: < 1 minute The Canadian Grain Commission has revoked the licences of Purely Canada Foods.
Manitoba crop report: Harvest advances
Reading Time: 2 minutes Manitoba Agriculture said the provincewide harvest was at eight per cent complete, according to the department’s latest crop report released on Aug. 27.
U.S. grains: Corn and wheat rise on hot weather, fall in crop ratings
Reading Time: 2 minutes Chicago Board of Trade corn, soybean and wheat futures strengthened on Tuesday, as a spell of hot weather hit the U.S. Midwest and the market took in weekly crop ratings from the U.S. Department of Agriculture, which all fell from last week.
Little faith in accuracy of August StatCan report
Reading Time: 3 minutes There appears to be very little credibility that will be given to Statistics Canada’s principal field crop report to be issued on Wednesday. The concerns among analysts and brokers include the timing of the report and the use of satellite imagery.