Reading Time: 2minutes Chicago wheat rose on Friday, and registered its biggest weekly gain in more than three months on concerns over lower production in Europe.
Reading Time: < 1minute Chicago soybean and corn futures rose on Thursday on short-covering and an uptick in export demand, though expectations for strong U.S. crop production limited gains, traders said.
Reading Time: 2minutes Severe storms brought strong winds, heavy rains, and, in some places, golf ball-sized hail over parts of Saskatchewan. Nevertheless, the province’s harvest continued to progress during the week ended Aug. 26, according to the agriculture department’s weekly crop report.
Reading Time: < 1minute Statistics Canada released its crush report on Aug. 29, showing an increase in the amount of canola that was processed last month compared to the previous July. As for soybeans, its crush was significantly lower.
Reading Time: 2minutes Chicago Mercantile Exchange (CME) live cattle futures fell on Wednesday as boxed beef cutout values turned lower ahead of the U.S. Labor Day holiday on September 2, when many Americans light up their grills, traders said.
Reading Time: < 1minute While the general direction for soybeans and corn on the Chicago Board of Trade is to continue moving lower, United States wheat was on the rise and is to remain so in the coming weeks, according to a trader.
Reading Time: < 1minute Chicago soybean and corn futures stumbled on Wednesday as traders assessed whether beneficial rain and forecasts for milder weather will aid the country's corn and soy crops during their final growing stages, analysts said.
Reading Time: 2minutes Statistics Canada’s production estimates in its principal field crops report issued Aug. 28, came in better than expected according to MarketsFarm analyst Mike Jubinville. While Jubinville thought StatCan might peg the 2024/25 canola crop at around 20 million tonnes, the federal agency placed their call at 19.50 million, while a poll by Reuters expected 19.20 million.
Reading Time: 2minutes Manitoba Agriculture said the provincewide harvest was at eight per cent complete, according to the department’s latest crop report released on Aug. 27.
Reading Time: 2minutes Chicago Board of Trade corn, soybean and wheat futures strengthened on Tuesday, as a spell of hot weather hit the U.S. Midwest and the market took in weekly crop ratings from the U.S. Department of Agriculture, which all fell from last week.