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Feed weekly outlook: Prices likely to hold firm after CP stoppage

Reading Time: < 1 minute MarketsFarm — Feed prices have remained fairly steady over the last week and are likely to continue to do so in the coming week, according to Erin Harakal, senior trader for Agfinity at Stony Plain, Alta. “I don’t see anything drastically changing in the next week,” she said. Harakal added there was nervousness in the […] Read more

CBOT May 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Wheat, corn, soybeans fall with exports in focus

Ukraine's hindered exports 'priced in' on values

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat and corn futures fell on Thursday, with traders noting the market has already absorbed supply disruptions from the Black Sea region following Russia’s invasion of Ukraine a month ago. “It feels like the market has priced in that there will be an issue with corn and […] Read more


CBOT May 2022 soybeans (candlesticks, right column) with Bollinger bands (20,2) and NYMEX May 2022 West Texas Intermediate (WTI) crude (grey line, left column). (Barchart)

U.S. grains: Export demand boosts soybeans

Corn firm, wheat weak

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures rose for a third consecutive session on Wednesday, hitting their highest in nearly a month on expectations that demand for U.S. supplies will remain strong due to harvest shortfalls in South America, traders said. The crop woes in Argentina and Brazil also lent support to […] Read more

CBOT May 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)

CBOT weekly outlook: Grain markets rangebound

Drought seen persisting for U.S.

Reading Time: < 1 minute MarketsFarm — With very little in terms of major new developments from the Russian invasion of Ukraine, grain prices on the Chicago Board of Trade (CBOT) for the week ended Tuesday were devoid of the volatility seen in previous weeks. The May corn contract traded at each side of the $7.50 per bushel mark during […] Read more


CBOT May 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)

U.S. grains: Soy futures rise on strong exports

Corn, wheat futures mixed

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed on Tuesday on signs that export demand for U.S. supplies remained firm even as South American farmers harvest their crops. Corn and wheat futures were mixed, with nearby contracts easing and deferred offerings rising. “It is really a mixed bag out here,” said Mark Gold, managing partner […] Read more

CCA president Bob Lowe speaks at a press conference in Ottawa on March 21, 2022, calling for federal back-to-work legislation to end a work stoppage at Canadian Pacific Railway. (CPAC video screengrab via YouTube)

Ag industry groups seek legislated end to CP stoppage

Feed, fertilizer traffic already way behind, groups say

Reading Time: 4 minutes Warning they don’t have time to wait on negotiation, representatives for cattle feeders, fertilizer producers and grain growers took to Parliament Hill on Monday to press for the federal government to instead legislate Canadian Pacific Railway’s engineers and conductors back to work. Traffic halted on CP lines just after midnight ET Sunday morning as the […] Read more


CBOT May 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Wheat, corn, soy up on expectations for long Ukraine conflict

Funds seen buying in after last week's losses

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat and corn futures jumped on Monday, with traders saying that exports from the Black Sea region will continue to be disrupted this week due to the fighting in Ukraine. Soybean futures also rose sharply, following gains in the crude oil market that also stemmed from major ructions to energy […] Read more

(File photo by Dave Bedard)

CP engineers, conductors locked out; talks continue

'Parties are working through the night': O'Regan

Reading Time: 2 minutes A lockout has begun at Canadian Pacific Railway affecting its 3,000-odd unionized engineers, conductors and train and yard service staff, effectively shutting down CP service. “The work stoppage has begun, but CP and (the Teamsters Canada Rail Conference) are still at the table with federal mediators,” federal Labour Minister Seamus O’Regan said in a statement […] Read more


(Dave Bedard photo)

AAFC warns of uncertainty in latest crop outlook

Reading Time: 2 minutes MarketsFarm — The supply/demand balance sheets for Canada’s major crops were largely left unchanged in the latest outlook Friday from Agriculture and Agri-Food Canada. While the March report only saw minor revisions, the government agency cautioned that “the economic outlook, for the world and Canadian grain markets, is particularly uncertain due to the Russian invasion […] Read more

CBOT May 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Corn, wheat, soy futures fall

Traders monitoring Ukraine crisis

Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures eased on Friday as traders monitored diplomatic efforts to end Russia’s invasion of Ukraine and gauged continuing disruptions to Black Sea crop exports. More than three weeks after launching its invasion, in what Moscow calls a “special military operation,” the Russian advance has stalled and failed […] Read more