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Spring wheat

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

U.S. grains: Wheat futures lead grain rally

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Thursday, led by a 2.9 per cent rally in the benchmark Chicago Board of Trade July contract, on concerns about dry weather leading to crop shortfalls globally. Corn also rise, following the gains in wheat, while soybeans generated strength from a bullish report on U.S. crushing, […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: MGEX spring wheat eases on rains

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Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soy futures were mostly lower on Wednesday, with MGEX spring wheat declining from an earlier 2-1/2-year high on pressure from technical selling and forecasts for crop-friendly rainfall, traders and analysts said. Chicago Board of Trade corn futures declined the most as scattered rains fell in the Midwestern crop […] Read more
Soybeans in Ontario, June 2016. (Ralph Pearce photo)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soybeans end higher ahead of hot spell

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures firmed on Friday as forecasts for scorching temperatures in the Midwest crop belt through early next week prompted funds to cover short positions, analysts said. Chicago Board of Trade winter wheat futures fell on profit-taking but still posted a weekly advance of 3.8 per cent, triggered […] Read more
Crops, Markets, Spring Wheat, Weather

Spring wheat futures climb to two-year highs

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Reading Time: < 1 minute CNS Canada — Spring wheat futures in Minneapolis climbed to their highest levels in nearly two years during the week ended Friday, as weather concerns in major U.S. wheat-growing states provided support. The nearby July contract on Thursday hit a session high of US$6.1775 per bushel, the strongest level for the front-month spring wheat contract […] Read more
A close-up of emerging corn seedlings north of London, Ont. on May 24, 2016. (Ralph Pearce photo)
Crops, Markets, Reuters, Weather

U.S. grains: Corn nears one-year high on adverse weather

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Reading Time: 2 minutes Chicago | Reuters — U.S. spot corn futures hit a near one-year high on Wednesday on forecasts for potentially stressful crop weather in the Midwest, while Minneapolis spring wheat futures retreated from a near two-year high. Soybeans followed corn higher. The weather jitters come as commodity funds hold large net short positions in corn, wheat […] Read more
(WeatherFarm.com)
Crops, Reuters, Weather

Parched soils threaten canola, spring wheat

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Reading Time: 2 minutes Winnipeg | Reuters — Canada’s western farm belt, dogged by excessive rain in some areas this spring, is now facing parched conditions in others, threatening wheat and canola crops, crop analysts say. A large area of southern Saskatchewan and southwestern Manitoba has received less than 40 per cent of normal precipitation during the 30-day period […] Read more
Sunset in Egypt on the Nile River south of Luxor. (CIA.gov)
Crops, Reuters, Spring Wheat, Winter Wheat

Egypt’s wheat imports again uncertain as ergot ban looms

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Reading Time: 2 minutes Cairo | Reuters — An Egyptian court has decided to reinstate a zero tolerance policy on common grain fungus ergot, lawyers on the case told Reuters on Tuesday, plunging trade with the world’s largest wheat importer back into uncertainty. Egypt last year scrapped a ban on ergot in grain imports after it effectively halted purchase […] Read more

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