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Crops, Markets, Weather

CBOT weekly outlook: Higher spring wheat all about dry North Dakota

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Reading Time: 2 minutes MarketsFarm — As heat and dryness prevail across North Dakota, prices for Minneapolis (MGEX) spring wheat will continue to rise, according to broker Ryan Ettner of Allendale Inc. at McHenry, Ill. Ettner pointed to the weekly crop progress report from the U.S. Department of Agriculture that showed the condition of spring wheat in North Dakota […] Read more
CBOT July 2021 corn (candlesticks) with CBOT July 2021 wheat, K.C. July 2021 wheat and MGEX July 2021 spring wheat (yellow, orange and green lines respectively). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn futures drop on crop ratings

Soy rises, wheat mixed

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures dropped 2.8 per cent on Wednesday, pressured by a government report that showed the condition of the U.S. crop was better than expected, traders said. Wheat futures were mixed, with contracts that track U.S. winter wheat falling while spring wheat rallied to a four-year high […] Read more
CBOT July 2021 corn (candlesticks) with MGEX July 2021 spring wheat (orange open/high/low/close) and CBOT July 2021 wheat (green OHLC). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn eases after volatile week

Wheat, soybeans also ease after tracking corn rally

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Reading Time: 2 minutes Chicago | Reuters — Chicago corn eased on Friday, after a strong rebound a day earlier as the market weighed up strong Chinese demand against U.S. growing conditions. Wheat and soybeans also edged lower, though spring wheat futures on the Minneapolis Grain Exchange (MGEX) climbed as a cold front hitting much of the U.S. Midwest […] Read more
CBOT July 2021 corn (candlesticks) with 20-day moving average (yellow line) and CBOT July 2021 wheat (orange open/high/low/close). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn limit-up on export demand, short-covering

Soybeans follow corn higher, wheat also up

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures surged more than six per cent on Thursday in a technical-buying and short-covering bounce from one-month lows and as strong demand for feed grains supported prices. Soybeans followed corn higher, rising for the first time in eight sessions after hitting the lowest point in a month in the […] Read more
ICE November 2021 canola (candlesticks) with 20-day moving average (yellow line) and CBOT December 2021 soyoil (green line, left column). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Swings ahead for canola

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Reading Time: < 1 minute MarketsFarm — If anything is certain for canola values, it’s that they are going to be swingy for the next while, according to Ken Ball of PI Financial in Winnipeg. Canola bids, especially new-crop, have been on the downswing lately, largely due to precipitation the Prairies recently received. While the resulting moisture won’t rectify the […] Read more
CBOT July 2021 corn (candlesticks) with 20-day moving average (yellow line) and CBOT July 2021 wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn up off one-month low

Wheat and soy drift lower

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures recovered slightly on Wednesday from a steep selloff a day earlier as bargain buying and technical buying lifted prices from one-month lows, although gains were limited by favourable crop weather across the U.S. Midwest. Soybeans were mostly lower, extending prior-session losses on good crop weather, while wheat fell […] Read more
Soybean growers need to be aware that a number of older varieties are about to see their registration cancelled at the start of the new crop year, August 1.
Crops, Soybeans

Will the soybean variety you planted still be around come harvest?

A long list will see their registrations cancelled Aug. 1 and that could affect how they are sold

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Reading Time: 4 minutes Manitoba farmers should take note of the soybean varieties they’re planting this spring. More than two dozen will have their registrations cancelled Aug. 1, which could affect crop marketing, says Manitoba Agriculture and Resource Development pulse crop specialist Dennis Lange. The surest way to know is by planting certified seed. “The way I view soybean seed that’s not registered… […] Read more
CBOT July 2021 corn (candlesticks) with 20-day moving average (yellow line) and December 2021 corn (orange high/low/close). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn sinks to one-month low on weather, technical selling

Soybeans, wheat follow corn lower

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Reading Time: < 1 minute Chicago | Reuters — U.S. corn futures tumbled to a one-month low on Tuesday as timely spring planting and beneficial rains across most of the Midwest boosted crop prospects. Losses accelerated as corn prices fell below recent lows and breached other technical chart support levels. Soybeans and wheat also dropped on stronger harvest prospects as […] Read more
CBOT July 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soybeans sink after Midwest rains

Wheat down on big Kansas crop outlook, export competition

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Reading Time: 2 minutes Reuters — U.S. corn and soybean futures fell on Monday as rains boosted recently planted crops across the U.S. Midwest and as traders weighed future export demand following a flurry of corn purchases by China last week. Wheat futures also fell, sinking to the lowest level in more than a month as prospects for a […] Read more

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