Reading Time: < 1 minute Chicago Board of Trade wheat futures spiked on Friday amid an uptick in demand for U.S. wheat due to a weaker dollar and the availability of desirable new-crop wheat, traders said.
Corn
U.S. grains: US wheat futures up on strengthening demand
U.S. grains: Soybean futures recover from four-year low
Reading Time: 2 minutes Chicago Board of Trade soybean futures rose on short covering on Wednesday after nearing a four-year low this week on concerns about large supplies and lackluster U.S. export demand, analysts said.
CBOT Weekly: Still at the behest of the weather
Reading Time: < 1 minute United States corn and soybean crops continued to remain at whatever whims the weather brings, according to John Weyer of Walsh Commercial Hedging Services in Chicago.
Brazil pushing towards wheat self-sufficiency
Reading Time: 2 minutes The USDA attaché in the country’s capital of Brasilia said the expansion of wheat will include cultivating “tropical wheat” in the savanna-like region in central Brazil known as the Cerrado biome. These varieties of tropical wheat are reported to be better resistant to dry weather.
Summer Series: Implementing changes that matter
[Change Management] Maybe there used to be one tried-and-true path to farm success. Today, for farmers like Craig and Jinel Ference, it’s about seeking new ideas and getting creative about how to integrate them
Reading Time: 12 minutes Right now, we’re focusing on streamlining, simplifying and making things more efficient,” Craig Ference says. “That’s kind of our next expansion … making what we have a lot better. Improving our production, our land and our cattle to get a better gross margin from our current asset base.” Yup, that’s a farmer. The same or […] Read more
Manitoba crop weather/conditions varied
Reading Time: < 1 minute Mixed weather conditions across Manitoba over the Canada Day long weekend left some regions of the province dealing with excess moisture, with high winds and cool temperatures also affecting crop development, according to the latest provincial crop report.
U.S. grains: Corn, soy futures rise on technical trading, weather questions
Reading Time: 2 minutes Chicago corn futures extended gains on Tuesday on short-covering and U.S. crop condition questions, while soybean prices also turned higher on technical trading and unfavorable weather in some soybean growing areas of the central U.S., traders said.
U.S. grains: Corn tumbles to contract lows on additional US corn acres
Reading Time: 2 minutes Chicago September corn CU24 plunged on Friday to contract lows after U.S. Department of Agriculture data showed far more acres planted with the grain than expected due to favorable spring weather.
U.S. corn acres, grain stocks higher than expected
Reading Time: 2 minutes The planted area for U.S. corn in 2024 was determined to be 91.5 million acres, greater than the March USDA estimate of 90.04 million as well as the trade’s average guess of 90.35 million. However, the figure was nowhere close to last year’s acreage total of 94.64 million. After the release of the report, corn prices at the Chicago Board of Trade (CBOT) reacted bearishly with contracts losing more than 20 U.S. cents per bushel.
U.S. grains: Wheat rallies on strong demand ahead of acreage report
Reading Time: 2 minutes Chicago wheat futures surged on Thursday, recovering from a string of retreats on bargain buying and strong export demand, analysts said.