Reading Time: 2 minutes Chicago Board of Trade (CBOT) most-active corn futures Cv1 fell to the lowest levels since 2020 on Monday as expectations of a bumper corn crop and a continued stream of farmer selling weighed on futures, analysts said.
Cereals
U.S. grains: Corn hits near four-year low on farmer selling, bumper crop forecasts
Canada labour board orders end to railway work stoppage
Teamsters say decision sets dangerous precedent, will challenge the move in federal court if needed
Reading Time: 3 minutes The Canada Industrial Relations Board ordered on Saturday a halt to work stoppages at the country's largest railways, signaling an end to an unprecedented service disruption at both main freight rail carriers that threatened to hammer Canada's export-driven economy.
U.S. livestock: Cattle largely steady; July placements top estimates
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures were mostly stable on Friday on pre-weekend positioning following a technical-driven selloff this week, traders said.
U.S. grains: Soy rises on short-covering, wheat stays weak
Reading Time: 2 minutes Soybeans rose while corn eased on Friday as traders covered short positions ahead of the weekend while monitoring an incoming heatwave that could threaten some crops in the U.S. Midwest, traders said.
Alberta Crop Report: Harvest slow going under heat, rains
Reading Time: 2 minutes Harvest progress for major crops in Alberta more than tripled during the week ended Aug. 20 while heavy rains hit northern and central parts of the province.
Hail hits crops at more than 1,600 farms across Prairies
Reading Time: < 1 minute More than 1,600 Prairie farms were hit by hail between July 29 and August 11, with the heaviest damage in Alberta, according to the Canadian Crop Hail Association (CCHC).
Canada rail shutdown may still delay western grain exports
Reading Time: 2 minutes Canada's rail shutdown may still delay loading of some bulk grain ships at the country's west-coast ports despite the government's move to end a stoppage at the nation's two largest railroads, traders and analysts said.
U.S. grains: Wheat falls to new lows, corn and soy down on yield forecasts
Reading Time: 2 minutes Chicago Board of Trade wheat futures hit contract lows on Thursday as low prices for Black Sea wheat and a stronger dollar undercut the competitiveness of U.S. grains, analysts said.
Saskatchewan Crop Report: Harvest continues amidst scattered storms
Reading Time: 2 minutes Saskatchewan reported 15 per cent of its harvest was complete, compared to 21 per cent at this time last year, but higher than the five-year average of 13 per cent and the 10-year average of 11 per cent. In the southwest region, 29 per cent of its harvest was complete while the northwest region was only at one per cent complete.
Feed Grain Weekly: Prices could drop during rail shutdown
Reading Time: 2 minutes The work stoppage at the Canadian National Railway (CN Rail) and Canadian Pacific Kansas City (CPKC) will adversely affect feed grain sales and deliveries, according to one grain broker.