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Corn

Standing corn north of St. Adolphe, Man. on Sept. 19, 2021. (Dave Bedard photo)
Barley, Corn, Crops, Markets

Feed weekly outlook: Record imports of U.S. corn likely

Feeders will need to scale back barley usage

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Reading Time: < 1 minute MarketsFarm — Canadian imports of corn from the United States are picking up and could hit a record this year, given the tight supply situation across the Prairies. The most recent export sales data from the U.S. Department of Agriculture showed Canada as the country’s largest corn customer during the week ended Nov. 11, accounting […] Read more
CBOT January 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy, wheat up on strong exports, inflation worries

CBOT corn also rises

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures jumped 2.1 per cent on Wednesday to their highest in nearly seven weeks, supported by fresh export deals and strength in the domestic cash market. Wheat and corn futures were also strong, with wheat recovering from a pullback on Tuesday to top the nine-year high it hit Monday. […] Read more
CBOT December 2021 wheat (candlesticks) with K.C. December 2021 wheat (orange line) and MGEX December 2021 wheat (green line, left column). (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat down off nine-year high

Chicago corn, soybeans also weak

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Tuesday on a profit-taking setback, with the benchmark Chicago Board of Trade soft red winter wheat contract sagging 1.9 per cent from the nine-year high it hit on Monday. Corn and soybean futures also were lower, but the declines were kept in check by signs of […] Read more
(WPohlDesign/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Feeder market continues downward slide

Prairies' snowstorm leads to risk discount

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Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were steady to $2 lower; calves traded $2-$4 below week-ago levels. Saskatchewan and Manitoba experienced their first major snowstorm of the season last week. The market tends to incorporate a risk discount for adverse weather as buyers factor in higher death loss. Also, major feedlot operators believe […] Read more
File photo of a Chinese cornfield. (Baona/iStock/Getty Images)
Corn, Crops, Reuters

China proposes new rules to ease GMO approvals

Leadership seeks 'turnaround' in seed sector

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Reading Time: 2 minutes Beijing | Reuters — China is planning changes to its seed regulations that will make it easier to approve genetically modified crops, a move seen as a critical step toward commercializing GM corn. The ministry of agriculture and rural affairs published a draft document late on Friday proposing a series of amendments to several different […] Read more
CME January 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures mostly lower as corn climbs

Technical buying supports lean hogs

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed mostly lower on Friday, pressured by rising corn prices that depressed feeder cattle futures, traders said. But firmer cash cattle prices this week underpinned the market. CME January feeder cattle futures fell 1.35 cents to end at 157.725 cents/lb., sagging as Chicago Board of […] Read more
CBOT January 2022 soybeans (candlesticks) with 20-day moving average (yellow line) and December 2021 soymeal (black line, left column). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans climb as soymeal surges

U.S. wheat nears nine-year top

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose about two per cent on Friday, led by soaring soymeal futures tied to technical buying, brisk demand for the high-protein feed ingredient and logistical hurdles, traders said. Corn and wheat futures followed the higher trend, supported by tightening global grain supplies and fund-driven buying, and U.S. wheat […] Read more
CBOT December 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, brown and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat hits multi-year highs on global supply worries

CBOT corn, soybeans also up

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures hit their highest price in nearly nine years on Thursday and European wheat futures climbed to a 14-year peak, boosted by concern that exportable global supplies could tighten further, analysts said. Soybeans followed wheat higher, while corn futures ended narrowly mixed after a choppy session as traders weighed […] Read more
Kansas City (K.C.) December 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, brown and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat futures rally as global stocks tighten

CBOT corn, soybeans also strong

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Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures rallied on Wednesday, with the front-month K.C. hard red winter wheat contract jumping to its highest in 7-1/2 years, on concerns about tightening global supplies and strong export demand. Corn futures also rose, with the most-active contract surging 2.6 per cent in its biggest daily percentage gain in […] Read more

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