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Spring wheat

CBOT September 2020 corn with 20- and 50-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy climb on smaller-than-expected acreage view

Wheat follows corn, soy higher

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Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures surged nearly four per cent on Tuesday after the U.S. Department of Agriculture reported that American farmers planted 92 million acres of corn this spring, a figure that fell below a range of analyst expectations. Soybean futures rose after USDA put U.S. plantings at 83.8 million acres, up […] Read more
(Dave Bedard photo)
Crops, Markets, Weather

Attention turns to yield potential after StatsCan report

Future tweaks to acreage numbers seen as unlikely to sway markets

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Reading Time: 2 minutes MarketsFarm — Updated acreage estimates from Statistics Canada came largely within market expectations, with the focus now shifting to growing conditions and yield potential. The survey was completed in early June “and may not have captured all of the seeding delays and potential shifts that may have happened in central/northern Alberta and northwestern Saskatchewan because […] Read more
File photo of an Alberta wheat field. (ImagineGolf/E+/Getty Images)
Crops, Markets, Reuters, Weather

StatsCan survey shows bump up in wheat acres, particularly durum

Farmers back off canola, soybeans; pandemic expected to cause other problems for ag

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Reading Time: < 1 minute Ottawa | Reuters — Canadian farmers planted slightly more wheat overall in 2020 than in 2019, but the coronavirus outbreak will pose “unique challenges” in the production and distribution of crops, Statistics Canada said on Monday. Farmers planted 25 million acres of wheat, up 1.5 per cent from 2019, thanks in part to a 16.2 […] Read more
Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)
Barley, Crops, Markets

Feed weekly outlook: Barley, wheat price strength may continue

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Reading Time: < 1 minute MarketsFarm — Prices for feed barley and wheat have remained strong over the last few weeks, according to traders in Alberta and Saskatchewan. “They move up a dollar or two per metric tonne just to keep moving the old crop,” said Evan Peterson of JGL Commodities’ Saskatoon office. “From what we’ve seen, buyers are just […] Read more
Cigi staff evaluate wheat flour for use in oriental noodles. (Cigi photo)
Cereals, Crops

‘New’ Cereals Canada names board, chair

The merged Cereals Canada/Cigi unit held its first annual meeting

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Reading Time: 3 minutes Alberta farmer Todd Hames was elected Monday as the chair of the board for the recently reconstituted Cereals Canada, at its first-ever annual meeting. The ‘new’ Cereals Canada was created June 1 when it and the Canadian International Grains Institute (Cigi) amalgamated after two years of discussions and the approval of their respective boards April […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Fund short position edging down in canola

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Reading Time: < 1 minute MarketsFarm — The managed money net short position in canola saw a slight reduction in mid-June, as speculators covered short positions in the market, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at […] Read more
(Country Guide file photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Most bids see gains on the week

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Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mostly higher for the week ended Thursday. Canada Western Red Spring (CWRS) wheat made the strongest gains, as Canada Prairie Spring Red (CPSR) was either side of steady. There were modest increases for Canada Western Amber Durum (CWAD). Support came from the Canadian dollar losing about two-10ths […] Read more
MGEX September 2020 spring wheat (candlesticks) and Kansas City (K.C.) September 2020 hard red winter wheat (yellow line). (Barchart)
Crops, Markets

CBOT weekly outlook: Spring wheat premium widening over winter wheat

Row crop futures stuck in sideways range

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Reading Time: 2 minutes MarketsFarm — All eyes remain on weather conditions in U.S. grain and oilseed markets, with soybeans and corn stuck in sideways patterns while seasonal harvest pressure causes the spring wheat premium to widen over the winter wheats. The advancing winter wheat harvest has weighed on Chicago and Kansas City winter wheat contracts recently, with reports […] Read more
(Country Guide file photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Prices dip due to stronger loonie

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Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were down by varying degrees for the week ended Thursday. Canada Western Red Spring (CWRS) wheat was steady to lower, Canada Prairie Spring Red (CPSR) was down, and Canada Western Amber Durum (CWAD) slipped a few cents. Increased strength in the Canadian dollar weighed on values, while support […] Read more

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