Reading Time: 2 minutes Corn and soybean prices rose at the Chicago Board of Trade during the week ended Oct. 23, 2024. However, wheat prices went lower during the same week.
Corn
CBOT Weekly: Corn, soybeans rising, wheat slipping
U.S. grains: Soybean, corn futures rise on increased export demand
Reading Time: 2 minutes Chicago soybean and corn futures turned higher on Tuesday as a flurry of export sales helped stem market pressure from a fast-moving U.S. harvest and improved planting weather in South America, analysts said.
U.S. grains: Corn, soy futures up on flurry of export sales
Reading Time: 2 minutes Chicago corn and soybean futures rose on Monday as low prices spurred a flurry of international demand for U.S. grains and soy, analysts said.
Fund short position in canola dips for fourth week
Reading Time: < 1 minute The net fund short position in canola declined for the fourth week in a row in mid-October, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Speedy US corn and soy harvests strain farmers, storage capacity
Many Midwestern farmers still have grain left in storage from 2023 due to low prices
Reading Time: 2 minutes U.S. farmers are harvesting two of the largest corn and soybean crops in history at the fastest pace in years, straining their physical capabilities and their grain storage capacity. The massive influx of crops is testing growers who are already grappling with grain prices near four-year lows, stiff competition for global export sales and farm incomes that are down 23 per cent from a record high just two years ago.
U.S. grains: Wheat slumps on beneficial rains, Russian export policies
Reading Time: 2 minutes Chicago wheat futures fell sharply on Friday as rains were expected to benefit global wheat-growing regions, analysts said. A shift in Russian export policies also fuelled concerns that U.S. commercial grain companies will be left holding large supplies of wheat.
Saskatchewan Crop Report: Provincial harvest 99 per cent finished
Reading Time: < 1 minute Saskatchewan's 2024 harvest will be completed in a matter of days, according to the province's weekly crop report.
Feed Grain Weekly: Less activity before corn deliveries
Reading Time: 2 minutes Despite a lack of activity in the feed grain markets, prices for feed barley and feed grain are trending lower, according to a grain broker from Edmonton.
U.S. grains: Corn futures rise after big US grain sale to Mexico
Reading Time: 2 minutes Chicago Board of Trade corn futures rose on Wednesday after the U.S. Department of Agriculture said exporters reported the biggest daily export sale of the grain in more than a year.
Canadian Grain Commission predicts financial shortfall
Reading Time: < 1 minute In a release Oct. 16, the organization said that “Since the Canadian Grain Commission reduced its official inspection and weighing fees in 2021, the organization has inspected and weighed lower-than-expected grain volumes, leading to a gap between revenue and costs.”