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Crops, Markets, Reuters

U.S. slashes corn, soybean, wheat harvest forecasts

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Reading Time: 2 minutes Chicago | Reuters – The U.S. government slashed its outlook for domestic corn production by 2.7 percent and its soybean harvest view by 1.5 percent on Thursday as dry soils in key western growing areas cut into the potential for a bumper harvest. The dry conditions also hampered U.S. wheat production, which was forecast at […] Read more
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Crops, Markets, Reuters

U.S. grains: CBOT wheat stabilizes after rally as traders await U.S. crop data

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Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures stabilized on Wednesday as traders adjusted positions ahead of a U.S. government crop report, a day after prices jumped on concerns about tightening global inventories. The U.S. Department of Agriculture is set to issue an update on global grain supplies and demand in a monthly report on […] Read more
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Crops, Markets, Reuters

U.S. grains: Wheat higher on global supply fears; soybeans climb, corn eases

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Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures rose more than 2 percent on Tuesday as European wheat markets climbed on concern about tightening global supplies, traders said. Soybean futures firmed on renewed export demand for U.S. supplies while corn ended modestly lower, pressured by better-than-expected weekly U.S. crop condition ratings. Chicago Board of Trade September […] Read more
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Markets, Reuters

Corteva launches Brazil biotech soy, tackles Bayer head-on

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Reading Time: < 1 minute Sao Paulo | Reuters – Corteva Agriscience said on Aug. 9 it will start selling biotech soybean seeds in Brazil, as it seeks to bolster its presence in the world’s largest producer of the oilseed and tackle German rival Bayer AG. Corteva said its Enlist soybean seeds can resist three weed killers including glyphosate, ammonium […] Read more
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Crops, Markets, Reuters

U.S. grains: Corn, soy retreat on U.S. rains, broad declines in commodities

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Reading Time: 2 minutes Chicago | Reuters – U.S. corn and soybean futures declined on Monday, pressured by beneficial weekend rains in the Corn Belt and spillover weakness from outside commodity markets including crude oil and gold, analysts said. Wheat followed the weaker trend, with a firmer dollar adding to bearish sentiment. Chicago Board of Trade December corn settled […] Read more
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Reuters

India to launch $1.48 bln plan to raise oilseed output, cut imports

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Reading Time: 1 minute New Delhi | Reuters – India will launch a 110 billion rupee ($1.48 billion) plan to boost domestic oilseed production to make the country self-sufficient in edible oil, Prime Minister Narendra Modi said on Monday, a move that will cut costly vegetable oil imports. India is the world’s biggest vegetable oil importer and spends an […] Read more
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Crops, Markets, Reuters

U.S. grains: Soybeans climb on exports, end week lower

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Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures gained on Friday after a second day of fresh export sales buoyed demand prospects, though forecasts for rain across the U.S. Midwest through the weekend capped gains. Corn was little changed while wheat added as harvest setbacks in North America, Russia and Western Europe raised concern over tightening […] Read more
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Crops, Markets, Reuters

U.S. grains: Corn, soy firm on demand strength

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Reading Time: < 1 minute Chicago | Reuters – Chicago corn and soybeans climbed on Thursday on stronger export sales, though gains were capped by rainfall across parts of the U.S. Midwest. Wheat traded near even before ending slightly lower, supported by firmer grains complex and distressed crops across North America. The market also awaits the U.S. Department of Agriculture monthly […] Read more
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Cereals, Crops

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Wheat deserves more credit for the great outlook on Ontario farms

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Reading Time: 6 minutes In formulating their crop plans for a year, growers cite a blend of influences, from climate and planting conditions to commodity pricing, fertility plans and weed and disease management strategies. All play a part in the decision-making process because there has to be some give in those hard-and-fast rules on rotations. Sometimes you have to […] Read more

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