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Spring wheat

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

U.S. grains: Wheat down on global supplies, seasonal pressure

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Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures fell more than two per cent on Monday on chart-based selling, abundant global supplies and seasonal pressure from the approach of harvest, analysts said. Corn futures followed wheat lower. Soybeans were firmer, but pared gains on a smaller-than-expected monthly U.S. soybean crush figure. Chicago Board of Trade July […] Read more
(Photo courtesy Water Management Research Unit, ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn inches higher on weather uncertainty

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures firmed on Friday on light short-covering ahead of the weekend and uncertainty about planting weather in the Midwest, analysts said, while soybeans and wheat closed modestly lower. Chicago Board of Trade July corn settled up 1-3/4 cents at $3.71 per bushel (all figures US$). July soybeans ended down […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy, corn sag on technical selling

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures hit a 1-1/2-week low on Thursday, pressured by follow-through weakness after Wednesday’s poor technical close and some farmer selling, analysts said. Corn futures sagged as forecasts called for improving weather in the U.S. Midwest, where wet conditions have stalled planting in some areas. Wheat futures were modestly higher. […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets, Spring Wheat

Prairie feed wheat, barley at seasonal highs

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Reading Time: 2 minutes CNS Canada –– Feed barley and feed wheat appear to be settling into some seasonal highs, according to a market-watcher in Alberta. “Whether it goes up much more remains to be seen,” said Jim Beusekom of Market Place Commodities in Lethbridge. “Between Easter and May long weekend, we’re probably at a high.” High vomitoxin (10 […] Read more
(Dave Clark photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn up on USDA world stocks view

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose about two per cent on Wednesday after the U.S. Department of Agriculture’s forecast for global inventories at the end of the 2017-18 marketing year fell below trade expectations. Soybean futures hit a six-week high after the USDA’s reports were released, buoyed by the government’s forecast for a […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy up ahead of USDA data

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed nearly one per cent on Tuesday, halting a three-session slide, as traders adjusted positions a day ahead of a U.S. government crop report and as excessively wet weather in the Midwest raised concerns, analysts said. Corn futures closed modestly higher while wheat fell, pressured by a stronger […] Read more
A wheat crop in progress on May 24, 2016 north of London, Ont. (Ralph Pearce photo)
Crops, Markets, Reuters

U.S. grains: Wheat, corn bounce on short-covering

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Friday, supported by lingering concerns about crop damage in the U.S. Plains following a snow storm at the weekend. Short-covering also contributed to the wheat gains as traders covered bearish bets following a sell-off on Thursday. Corn futures also rose, with traders noting short-covering as a […] Read more
A canola field in northwestern Saskatchewan on Oct. 5, 2016 after the area was blanketed by wet snow. (Lisa Guenther photo)
Crops, Markets

StatsCan data confirm tight canola supplies

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Reading Time: 3 minutes CNS Canada — Grain and oilseed stocks data released Friday from Statistics Canada were bullish for canola and wheat — though analysts suggest the effects of the report on the market may be short-lived. Figures for barley, lentils and peas were above year-ago levels, but movements in those markets are more likely be driven by […] Read more

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