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Spring wheat

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

U.S. grains: Wheat rises on weather concerns

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures rose 1.2 percent on Monday and hit their highest level since mid-February on concerns about dry conditions hampering crop development in the U.S. Plains, traders said. Falling production in Australia and strong export data also lent strength to the wheat market, which closed in positive […] Read more
(Lisa Guenther photo)
Crops, Markets, Reuters

U.S. grains: Corn, soy, wheat recover from early dips

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Reading Time: 2 minutes Chicago | Reuters –– U.S. corn, soybean and wheat futures all closed modestly higher on Friday, recovering from early weakness on a mild round of technical buying. All three commodities posted weekly gains but an ample supply base and rising export competition kept a bearish tone over the marketplace and checked Friday’s strength. Additionally, investors […] Read more
(Photo courtesy United Soybean Board)
Crops, Markets, Reuters

U.S. grains: Soybeans sag on profit-taking, Brazilian crop

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Thursday, pressured by the ongoing harvest of a projected record-large crop in Brazil and profit-taking after a two-session climb attributed to fund buying, traders said. Corn futures and wheat futures closed lower, tracking broad declines in commodities. The 19-market Thomson Reuters CoreCommodity CRB Index fell nearly […] Read more
(Cia.gov)
Crops, Reuters, Spring Wheat

India considering reinstating wheat import tax

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Reading Time: 2 minutes New Delhi | Reuters –– India could impose a 25 per cent import tax on wheat by the middle of March, two government sources said on Wednesday, reinstating the tariff after a gap of nearly three months in response to recent large purchases from overseas. India, the world’s second-biggest wheat producer, lowered the import tax […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat ends up three per cent

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures climbed about three per cent on Wednesday on a mix of technical buying and enthusiasm over a larger-than-expected wheat purchase by top global importer Egypt a day earlier, traders said. Corn and soybeans also rose, supported by fund investment at the start of a new month and carry-over […] Read more
The Andersons’ ethanol plant at Denison, Iowa. (AndersonsEthanol.com)
Crops, Markets, Reuters

U.S. grains: Corn, soyoil climb on biofuels news

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Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures rose on Tuesday and soyoil futures climbed about four per cent on prospects for changes to the U.S. renewable fuels policy that could boost demand for corn-based ethanol and soy biodiesel, traders said. Both markets pared gains following a White House statement that no executive order was in […] Read more
(Doug Wilson photo courtesy ARS/USDA)
Crops, Oats

Wheat disease risk sees farmers looking to oats

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Reading Time: < 1 minute CNS Canada — Canadian farmers are showing an increased interest in seeding oats this spring, despite a lack of activity from a pricing standpoint, as quality concerns in wheat and barley have growers looking to other cereals. “We are seeing a huge influx of acres into oats,” said Scott Shiels, grain procurement merchant with Grain […] Read more
(Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Wheat, corn, soy fall after firming overnight

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell two per cent to their lowest in nearly three weeks on Monday, weakening on technical sales after firming briefly during the overnight trading session. Corn and soybean futures also dropped to multi-week lows, with traders noting some end-month liquidation by investment funds. Both wheat and corn futures […] Read more
(BonMatin.ca)
Crops, Spring Wheat

Canada Bread to shut Beauce-region bakery

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Reading Time: 2 minutes Baked goods firm Canada Bread Co. plans to shut a pantry bread bakery in Quebec’s Beauce region and shift a nearby plant’s bread roll production to a third site in the province. The company, an arm of Mexican bakery firm Grupo Bimbo since 2014, announced Tuesday it will close its bakery at St-Come-Liniere, about 110 […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat, corn hit two-week lows on long liquidation

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell to a two-week low on Friday and corn hit a 2-1/2-week low on technical selling including fund long liquidation, analysts said. Soybeans closed modestly higher, bouncing after the spot March contract hit a six-week low. Chicago Board of Trade March wheat settled down 6-3/4 cents at $4.31-1/4 […] Read more

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