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Soybeans

CBOT December 2021 wheat (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat futures surge as supplies drop to 14-year low

CBOT soybean futures hit lowest since Dec. 29

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Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures surged on Thursday, after the federal government reported that U.S. supplies of wheat have fallen to their lowest level since 2007 — and that the wheat harvest is the smallest seen in 19 years. At the same time, the country ended the Sept. 1 crop year with slightly […] Read more
ICE November 2021 canola (candlesticks) with Bollinger bands (20,2). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Analyst sees canola spike late next month

Movement expected to roll out of November soon

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Reading Time: < 1 minute MarketsFarm — As the canola harvest winds down on the Prairies, ICE Futures canola began to climb upward in approaching $900 per tonne, the upper limit of its range. That’s given Winnipeg-based analyst Wayne Palmer of Exceed Grain reason to believe canola will bust through $900 per tonne. “That’s all due to the drought and […] Read more
CBOT December 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans, wheat move higher

New USDA stocks data due out Thursday

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose on Wednesday, rebounding from declines a day earlier, as traders adjusted positions ahead of a key quarterly stocks report from the U.S. government, analysts said. Soybeans and wheat futures also advanced, with all three commodities bucking pressure from a sharply higher U.S. dollar. Chicago Board of Trade […] Read more
CBOT December 2021 corn (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn down off four-week top

CBOT oats down off 7-1/2-year high; soy, wheat also down

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell more than one per cent on Tuesday on macroeconomic worries as the dollar strengthened and crude oil futures turned down, and on harvest-related selling as combines rolled in the heart of the Midwest crop belt, analysts said. Soybeans and wheat followed the weak trend. Chicago Board of […] Read more
Rough-stalk bluegrass in wheat, and a closeup (inset) of the open panicle of rough-stalk bluegrass.
Cereals, Crops

Pest Patrol: What was that grassy weed in my winter wheat at harvest time?

#PestPatrol with Mike Cowbrough, OMAFRA

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Reading Time: 3 minutes Three different types of grassy weeds were found above the winter wheat canopy at harvest this year. To prevent them from becoming a problem, they need to be identified so that the appropriate management actions can be taken. Here is a breakdown of each grass species and its control options:  Chess (Bromus secalinus) Chess grass […] Read more
CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn futures up on firm cash markets

Soybeans post modest gains

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose about two per cent on Monday, rallying from early declines on support from tight domestic cash markets and spillover strength from crude oil futures, analysts said. Soybean futures climbed as China booked several U.S. cargos of the oilseed but wheat futures ended narrowly mixed. Chicago Board of […] Read more
(LDC video screengrab via YouTube)
Crops, Markets, Reuters, Soybeans

Dreyfus, others shut soy crushers in China on power curbs

'Cash is on fire'

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Reading Time: 2 minutes Beijing | Reuters — Soymeal prices in China, the world’s top consumer of the animal feed ingredient, are rising after at least 20 soybean crushing plants shuttered to comply with curbs on industrial power consumption, industry participants said on Friday. Five crushing plants in the northern city of Tianjin closed this week, said Tianfeng Futures […] Read more
CBOT December 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat finds two-week high on strong global demand

Corn, soybeans little changed; wider markets encourage consolidation

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Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures firmed on Friday, ending near a two-week high as the market assessed mixed global production prospects and brisk import demand. Corn eased as supply pressure from the ongoing U.S. harvest countered background support from tight supplies, while soybeans inched higher after trading both sides of even. The most-active […] Read more
One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)
Crops, Markets, Reuters

Grains council tweaks numbers in latest supply and demand data

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Reading Time: < 1 minute MarketsFarm — The International Grains Council (IGC) released its monthly supply and demand report Thursday, projecting a six million-tonne increase in total global grain production at 2.289 billion tonnes in 2021-22. That change consisted of a seven million-tonne increase in global corn production, offset by a one million-tonne decrease in world wheat output. Soybean production […] Read more

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