(FIle photo by Allan Dawson)

U.S. grains: Corn tops two-month high

Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures climbed to their highest in more than two months on Tuesday as traders predicted the U.S. will cut its production estimate in a crop report due out Friday. The U.S. Department of Agriculture, in the monthly report, may reduce its estimates for the average corn yield and for […] Read more

(Country Guide file photo)

Western Canadian wheat bids stay rangebound

Reading Time: 2 minutes CNS Canada — Cash wheat bids across Western Canada stayed mainly rangebound during the week ended Monday. Average Canada Western Red Spring (CWRS) wheat prices were up by C$1 per tonne across the three Prairie provinces, according to price quotes from a cross-section of delivery points. Bids ranged from $228 per tonne in Manitoba to […] Read more


(USDA.gov via Flickr)

U.S. grains: Prices rise on technicals, positioning before reports

Reading Time: 2 minutes Chicago | Reuters –– U.S. grain and soybean futures strengthened on Monday as technical buying and positioning ahead of U.S. crop reports overshadowed concerns about poor export demand. Soybean oil neared a two-month high. Traders were adjusting positions in the markets before the U.S. Department of Agriculture (USDA) issues reports on crop production, supplies and […] Read more

(Allan Dawson photo)

U.S. grains: Wheat falls on profit-taking

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures sank on Friday on a round of end-of-week profit taking after prices hit an 8-1/2 week high on Thursday, traders said. Soybeans also fell, pressured by the expanding harvest of what is expected to be a bumper crop in the U.S., while corn was close to unchanged. Wheat […] Read more



(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat extends rally, soybeans slip

Reading Time: 2 minutes Reuters — Chicago wheat rose more than one per cent on Thursday, extending a rally triggered by Wednesday’s U.S. Department of Agriculture data that put the 2015 U.S. crop below market estimates. Corn futures rose slightly on technical buying and spillover support from wheat. Soybeans slumped on pressure from an advancing Midwest harvest and technical […] Read more


(USDA.gov via Flickr)

U.S. grains: Wheat futures jump as USDA cuts production outlook

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rebounded on Wednesday, after a government report showed that wheat production was less than traders had expected. Meanwhile, corn futures lost ground, after the U.S. Department of Agriculture’s quarterly grain stocks report showed that both corn and soybean supplies were plentiful and U.S. farmers are harvesting what is […] Read more

(Dave Bedard photo)

Next StatsCan survey expected to show larger canola, wheat crops

Reading Time: 2 minutes CNS Canada — Yields are generally beating earlier expectations as the harvest progresses across Western Canada, which should lead to upward revisions to canola and wheat when Statistics Canada releases its latest production survey results Friday. However, those numbers still may be underreported, and further revisions are expected in subsequent reports. “As the harvest is […] Read more


(Country Guide file photo)

Prairie wheat bids rise with U.S. futures

Reading Time: 3 minutes CNS Canada –– Cash wheat bids across Western Canada posted solid gains during the week ended Friday, as advances in U.S. futures and improving basis levels provided support. Average Canada Western Red Spring (CWRS) wheat prices were up by C$6-$7 per tonne across the three Prairie provinces, according to price quotes from a cross-section of […] Read more