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Corn

CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn futures fall after hitting 14-month high

Rains expected to benefit wheat crops; traders watch China to buy more U.S. corn, soy

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Reading Time: < 1 minute Chicago | Reuters — Chicago Board of Trade corn futures ended lower on Tuesday after reaching their highest prices in more than a year on strong U.S. export demand. Soybean futures backpedaled after hitting their highest price since July 2016 on Monday. Wheat also slumped. Profit-taking weighed on corn after prices initially rose on a […] Read more
Husky Energy’s ethanol plant at Minnedosa, Man., about 45 km north of Brandon. (HuskyGrain.com)
Crops, Markets

Cenovus to get Prairies’ biggest ethanol maker in Husky sale

Plants can take up to 750,000 tonnes of wheat, corn, rye per year

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Reading Time: 2 minutes A proposed takeover of Husky Energy by Cenovus Energy is expected to create not only Canada’s third-biggest oil and gas producer but also a new owner for the Prairies’ biggest ethanol business. The two Calgary companies on Sunday announced a friendly all-stock deal which would see Husky shareholders get 0.7845 of a Cenovus share — […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans hit four-year peak on Chinese demand

U.S. winter wheat crop rating misses estimates

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures set their highest price in more than four years on Monday, rising for a sixth consecutive session on strong Chinese demand. Corn futures retreated from a 14-month peak hit on Friday, while wheat futures tumbled as global crop weather improved. Traders are keeping a close eye on China’s […] Read more
CBOT December 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, soy, corn futures up on export prospects

Wheat markets also focused on weather

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat, soybean and corn futures rose on Friday, with strong export demand continuing to push prices higher, traders said. Wheat notched the biggest gains, pushing back toward a six-year high on concerns about drought in major production belts, coupled with a flurry of overseas tenders illustrating the robust global demand. […] Read more
(Martin Farming photo courtesy Scoular Co.)
Crops

Southwestern Ontario elevator to handle Scoular grain

Martin Farming to take grain at new elevator

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Reading Time: < 1 minute Scoular Co. has set up a new delivery point for southwestern Ontario growers from whom it buys grain. The Omaha-based, privately-held grain firm announced Thursday it has made a deal with Martin Farming — which operates at Paris, just northwest of Brantford — that will direct grain to Martin’s new 22,000-tonne-capacity elevator. The agreement “allows […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Feedlots booking for winter underpin bids

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Reading Time: < 1 minute MarketsFarm — Feed grain prices have been strong following Western Canada’s harvest, as feedlots ensure they’re covered heading into the winter. “Last week there was some buying in the deferred months, from January onward,” Allen Pirness of Market Place Commodities at Lacombe, Alta. said. Pirness said the strong prices were unexpected, noting that when prices […] Read more
The staff at Atlantic Roasted Products include (l. to r.) Paul Nabuurs (son), Anthony Nabuurs (owner and operator) and John Vos (farm employee).
Crops, Guide Business

The return of farm diversification

On this farm, widening the base of operations helps achieve crucial management goals

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Reading Time: 6 minutes When Anthony Nabuurs talks about agriculture, he looks beyond growing crops and selling what he harvests. Expanding his operation beyond planting, spraying and combining has become a necessity for his farm and for those who work with him, partly because of economics, and also because it helps overcome some of the challenges of farming on […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy futures firm to highest since 2016

CBOT corn hits 14-1/2-month high; wheat 'was down all day'

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures firmed on Thursday, hitting their highest in more than four years, with traders citing gains in the cash market and strong export demand for U.S. supplies as supportive factors. A fast export pace also underpinned the corn market while wheat futures eased on technical selling […] Read more
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy rise on export hopes

Wheat futures dip on profit taking

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Wednesday, as concerns about dry conditions in key global production areas of South America boosted export prospects for both U.S. commodities. Strength in the cash market also supported gains in corn and soybean futures, traders said. CBOT soft red winter wheat […] Read more

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