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Spring wheat

(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat slides as harvest progresses

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures sagged on Tuesday, with the K.C. hard red winter wheat market hitting its lowest in nearly five months on fund-driven long liquidation and pressure from the harvest in the southern Plains, traders said. Soybeans were also lower while corn ended modestly higher as traders awaited key U.S. Department […] Read more
Namdaemun, the “Great Southern Gate” in the walls that once surrounded the city of Seoul. This photo was taken before a 2008 fire damaged the gate’s wooden structure, which was restored by May 2013. (CIA.gov)
Crops, Reuters, Spring Wheat

South Korea lifts suspension on Canadian wheat sales

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Reading Time: < 1 minute Seoul | Reuters — South Korea’s food ministry on Tuesday said it had lifted a temporary suspension on sales of Canadian wheat as it had not discovered any unapproved genetically modified strains during tests on imports. South Korea suspended sales of Canadian wheat last week after Canada announced the discovery in mid-2017 of an unapproved […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat jumps on global crop worries

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures climbed for a second straight day on Thursday on bargain buying following the market’s recent drop and on a weather-reduced wheat crop in Russia, the world’s top exporter. Corn followed wheat higher, underpinned by concerns that heavy rains and flooding in parts of the U.S. Midwest could drag […] Read more
(Photo courtesy United Soybean Board)
Crops, Markets, Reuters

U.S. grains: Soy nears 10-year low on trade row, weather

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures plunged to their lowest level in nearly a decade on Tuesday as escalating trade tensions between the U.S. and China, the world’s biggest soy buyer, prompted fund-driven selling, analysts said. Corn and wheat followed broad declines in the commodity sector. Favourable weather in the Midwest bolstered corn and […] Read more
(Dave Clark photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn at contract lows, soy dips below $9

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to life-of-contract lows on Monday and soybeans briefly dipped below US$9 a bushel for the first time since 2016 as favourable weather outlooks bolstered yield prospects and trade tensions threatened export demand, analysts said. Chicago Board of Trade soft red winter wheat futures also sagged and K.C. […] Read more
(Jack Dykinga photo courtesy ARS/USDA)
Crops, Reuters, Spring Wheat

Japan suspends sale of Canadian wheat

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Reading Time: < 1 minute Tokyo/Winnipeg | Reuters — Japan’s farm ministry said Friday it has suspended its tender and sale of wheat from Canada after grain containing a genetically modified trait was discovered last summer in Alberta. The Canadian Food Inspection Agency (CFIA) said Thursday the wheat containing a genetically modified trait, developed by Monsanto to tolerate Roundup herbicide, […] Read more
(Bob Nichols photo courtesy ARS/USDA)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy drop to multi-month lows as weather improves

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Reading Time: 2 minutes Chicago | Reuters — Forecasts for crop-boosting weather in key growing areas of the U.S. Midwest pushed corn and soybean futures to multi-month lows on Thursday, traders said. Wheat futures also were sharply lower, their second straight day of steep declines, with investors continuing to push back against a sharp rally on Tuesday amid abundant […] Read more

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