(Lisa Guenther photo)

U.S. grains: Prices fall on technical selling, abundant supplies

Reading Time: 2 minutes Reuters — U.S. grain and soybean prices fell on Tuesday, weighed by technical selling and abundant global supplies. Soybeans and wheat gave up earlier gains that were based on weather concerns for developing crops, while corn led the way down in choppy trading ahead of Friday’s Christmas holiday. “There’s no real bullish news, so there’s […] Read more

Moscow at Christmastime. (Cia.gov)

Russian ministry proposes reducing wheat export tax

Reading Time: < 1 minute Moscow | Reuters — Russia’s agriculture ministry has proposed that the government reduce or cancel its wheat export tax due to rouble volatility and a decline in global wheat benchmarks, the Interfax news agency reported, citing first deputy minister Evgenii Gromyko. The rouble has lost about six per cent against the U.S. dollar since the […] Read more


(Country Guide file photo)

Prairie spring wheat bids down as basis erodes

Reading Time: 2 minutes CNS Canada –– Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as basis levels deteriorated. Average Canada Western Red Spring (CWRS) wheat prices were down by C$1-$5 per tonne during the week, according to price quotes from a cross-section of delivery points across the Prairie provinces. Average prices ranged […] Read more

(Lisa Guenther photo)

U.S. grains: Soybeans, grains slip on big supplies, choppy trade

Reading Time: 2 minutes Reuters — Prices for U.S. grains and soybeans dipped on Monday, giving up slight early advances in thin, choppy trade that focused on plentiful global supplies. The markets declined despite favourable weakness in the U.S. dollar and concerns about insufficient rains curbing Brazil’s soybean production. Price movements and volumes were limited as the market wound […] Read more





(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Brazil dryness sparks soy short-covering

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rebounded from a 3-1/2-week low on Thursday and closed higher for the first time in three sessions on short-covering sparked by concerns that dry weather in Brazil may clip soy production. Corn and wheat also clawed back earlier losses tied to Argentina’s export-friendly move to let the peso […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat, corn, soy fall on global supply pressure

Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade wheat, corn and soybeans fell on Wednesday as traders grappled with huge world stocks of all three commodities. Grain and oilseed prices edged higher during the overnight session but traders quickly locked in profits from the mild spikes amid the bearish global balance sheet. Wheat futures fell […] Read more


Moscow at Christmastime. (Cia.gov)

Russia aiming for steady grain crop in 2016

Reading Time: 2 minutes Moscow | Reuters –– Russia, one of the world’s largest wheat exporters, is aiming for an unchanged grain harvest in 2016 compared with the current year, the agriculture ministry said Tuesday. If the weather remains favourable during the winter and spring, Russia, a major wheat supplier to Turkey, Egypt and Iran, will harvest a large […] Read more

(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soybeans fall on export pressure

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures sank on Tuesday on expectations that U.S. exports will dry up due to increasing competition from South American countries, traders said. Corn futures also weakened, with ample global supplies and technical pressure triggering a round of profit-taking after they rose on Monday. Wheat edged higher […] Read more