Reading Time: 2 minutes Chicago Board of Trade corn slid on Thursday while soybeans closed at their lowest in two months as forecasts for heavy rains alleviated concerns about a heat wave in the central U.S. stressing crops.
Corn
U.S. grains: Soybeans notch two-month low on rain forecasts
Feed Grain Weekly: Wild weather in Alberta gives growers pause
Reading Time: < 1 minute Susanne Leclerc, owner of Market Master Ltd. in Edmonton, said moisture levels in Alberta are not distributed evenly with the north seeing plenty of rain and the south becoming drier. A recent cold snap between Calgary and Edmonton plunged lows to around the freezing mark earlier this week, while snow fell over parts of the Foothills.
Soybeans, corn trading sideways and watching weather
Reading Time: < 1 minute Soybean and corn futures at the Chicago Board of Trade both find themselves in relatively sideways trading ranges watching Midwestern weather forecasts to provide nearby direction.
Manitoba Crop Report: Planting progresses despite wild weather
Reading Time: 2 minutes Planting across Manitoba progressed during the week ended June 16 despite cool, wet and windy weather, including small tornadoes.
U.S. grains: corn, soybean futures firm as traders track heat wave, crop conditions
Reading Time: 2 minutes Chicago Board of Trade corn and soybean futures turned higher on Tuesday, reversing direction after a two-day slide, as investors tracked a heat wave moving across the eastern Corn Belt after the government reported a decline in U.S. crop ratings.
U.S. grains: Grain futures slump, as wheat drops to 8-week low
Reading Time: 2 minutes Chicago Board of Trade wheat and soybean futures fell sharply on Monday, with wheat at a near two-month low as fund selling pressure rolled into a short holiday trading week, traders said.
Canola fund short position climbs higher
Reading Time: < 1 minute As of June 11, 2024, the net managed money short position in canola futures came in at 99,252 contracts (1,950 long/101,202 short), which was up by roughly 30,000 contracts from the previous week.
U.S. grains: Corn retreats from two-week high on mixed weather outlook
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade corn futures eased on Friday, a day after hitting a two-week high, as global crop weather looked mixed, analysts said. Wheat and soybean futures also declined, with the strong dollar making U.S. farm products less attractive to importers. Traders are monitoring U.S. weather as corn crops approach a […] Read more
U.S. grains: Corn hits two-week high as US, global weather worries lift grains
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade corn futures set a two-week high on Thursday on concerns about rising temperatures in the U.S. farm belt. Global weather worries also helped support grain markets, after the U.S. Department of Agriculture trimmed its outlook for world 2024-25 corn and wheat ending stocks in a monthly report on Wednesday. […] Read more
Feed weekly: Prairie barley market steady with good new crop projections
Reading Time: < 1 minute Feed barley bids are holding relatively steady in Western Canada, showing little movement over the past month as end users await the new crop amid relatively favourable growing conditions. Drought fears had encouraged some demand earlier in the year, but “now that those fears have been alleviated, (buyers) are starting to dig in,” according to […] Read more