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Spring wheat

(FIle photo by Allan Dawson)
Crops, Markets, Reuters

U.S. grains: Wheat surges on worries about Plains dryness

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Reading Time: 2 minutes Chicago | Reuters — Nearby Chicago wheat futures jumped three per cent on Wednesday and hit a four-month high on worries about dry conditions threatening yield prospects in the southern U.S. Plains, analysts said. Corn futures rose on robust export demand for U.S. supplies while soybean futures declined after a choppy session. Chicago Board of […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters, Weather

U.S. grains: Wheat lower on technicals, better weather

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell to a one-week low on Monday on technical selling and an improving weather outlook, including beneficial moisture in parts of the Midwest winter wheat belt, analysts said. Soybean futures set a two-week low on forecasts for much-needed moisture in parts of Argentina, and corn sagged as well. […] Read more
Total stocks of principal Canadian field crops at Dec. 31, 2017, rounded to nearest thousand tonnes. (StatCan.gc.ca)
Crops, Markets

Canadian canola stocks jump

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Reading Time: 1 minute CNS Canada — Stocks of Canadian canola have increased substantially, according to the latest estimate from Statistics Canada. Total stocks of oats, lentils and peas also rose, but not by as much as canola. StatsCan on Monday pegged canola stocks, as of Dec. 31, 2017 at 14.15 million tonnes, up from the 2016 total of […] Read more
Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Soybeans dip on Argentina rain outlook, technical selling

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell for a third straight session on Friday on technical selling and as an improved South American crop weather forecast soothed some anxiety about drought-reduced production in Argentina. Wheat also declined, with soft red winter wheat futures pressured by forecasts for snow in some U.S. production areas. Corn […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans fall on weak exports, bumper Brazil harvest

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped for a second straight day on Thursday on technical selling and profit taking following government data showing lower-than-anticipated U.S. export sales last week. Forecasts for rain and cooler temperatures in Argentina by mid-February and an accelerating soy harvest in Brazil further weighed on prices. Corn and wheat […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans, Winter Wheat

CBOT weekly outlook: Futures get weather boost

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Reading Time: 2 minutes CNS Canada — The troublesome weather that gave Chicago Board of Trade (CBOT) corn, soybean and wheat contracts a boost over the past week should remain supportive, despite nearby technical setbacks, according to a trader. “I’m still slightly bullish on beans, corn and wheat given the unfavourable weather situation in South America, with too much […] Read more
(FIle photo by Allan Dawson)
Crops, Markets, Reuters

U.S. grains: Profit-taking drags wheat from multimonth peaks

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Reading Time: 2 minutes Chicago | Reuters — U.S. winter wheat futures turned lower on Wednesday in a profit-taking setback from multi-month highs after five straight sessions of gains fuelled by concerns over poor crop conditions in the U.S. Soybeans were also lower as traders banked profits from a recent grain market rally and a slightly improved crop weather […] Read more
Crops, Markets, Reuters

U.S. grains: Winter wheat jumps as crop conditions drop

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Reading Time: 2 minutes Chicago | Reuters — U.S. winter wheat futures surged to their highest in at least four months on Tuesday, led by a more than three per cent rally in hard red winter wheat, after the government slashed condition ratings for the drought-hit U.S. Plains crop. Soybeans and corn also advanced on technical buying and short […] Read more

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