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Wheat

(Thinkstock photo)
Markets

Spring wheat bids edge higher in Western Canada

By Phil Franz-Warkentin March 22, 2024
Reading Time: 2 minutes Spring wheat bids in Western Canada moved higher during the week ended March 21, as wheat futures in the United States continued to recover off their nearby lows.

File photo of barley being loaded off the combine. (Collab Media/iStock/Getty Images)
General, Reuters

EU plans to hit Russia, Belarus grain imports with tariffs

Commission aims to curb Russian income, prevent market distortions, placate farmers

By Philip Blenkinsop, Reuters March 22, 2024
Reading Time: 2 minutes The European Commission proposed on Friday imposing tariffs on imports of grain from Russia and Belarus in an attempt to prevent Moscow and its ally from distorting EU markets and placate farmers who have protested for months over cheap imports.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybean futures set 2-month top; corn, wheat inch higher

By Heather Schlitz, Reuters March 21, 2024
Reading Time: 2 minutes Chicago Board of Trade (CBOT) soybean futures surged to a two-month high on Thursday as worries about threatening weather in Argentina triggered speculative buying and short-covering, analysts said, but the market pared gains after the rally spurred a round of farmer sales.

Photo: JJ Gouin/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Soybeans climb back above $12 a bushel while wheat stumbles

By Heather Schlitz, Reuters March 20, 2024
Reading Time: 2 minutes Chicago Board of Trade (CBOT) soybean futures jumped two per cent on Wednesday, climbing back above $12 a bushel as commodity funds appeared to cover short positions, brokers said, while news of fresh U.S. soybean export sales and excessive rains in Argentina lent support.


Photo: fotokostic/iStock/Getty Images Plus
Markets

Rangebound outlook for CBOT soybeans/corn in short-term

By Phil Franz-Warkentin March 20, 2024
Reading Time: < 1 minute Soybean and corn futures at the Chicago Board of Trade have both shown some strength over the past week but should be expected to hold relatively rangebound in the short term ahead of acreage data due out at the end of the month, according to an analyst.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets, Reuters

U.S. grains: Wheat, corn tick up on short covering; soybeans falter

By Heather Schlitz, Reuters March 19, 2024
Reading Time: 2 minutes Chicago Board of Trade (CBOT) wheat and corn futures strengthened on Tuesday on technical moves as traders seek to unwind short positions ahead of uncertain springtime weather and upcoming U.S. Department of Agriculture reports, analysts said.


U.S. grains: Wheat jumps on rising Black Sea tensions, soy slips
Markets, Reuters

U.S. grains: Wheat jumps on rising Black Sea tensions, soy slips

By Julie Ingwersen, Reuters March 18, 2024
Reading Time: 2 minutes U.S. wheat futures rose 2.7 per cent on Monday as Russia's weekend attacks on Ukrainian ports underscored risks to exportable grain supplies from the Black Sea region, analysts said.

Photo: Thinkstock
Markets

Speculators finally backing away from bearish bets in canola

By Phil Franz-Warkentin March 18, 2024
Reading Time: < 1 minute Speculators were busy covering some of their large net short position in canola in early March, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).


Photo: Thinkstock
Markets, Reuters

U.S. grains: Wheat continues downward trend, soy and corn rise on short covering

By Heather Schlitz, Reuters March 15, 2024
Reading Time: 2 minutes Chicago Board of Trade wheat futures weakened on Friday as plentiful global supplies and weak demand anchored the market, analysts said.

Photo: Scharfsinn86/Getty Images
Markets

Prairie wheat bids rise as U.S. futures attempt recovery

By Phil Franz-Warkentin March 15, 2024
Reading Time: 2 minutes Spring wheat bids in Western Canada moved higher during the week ended March 14, as wheat futures in the United States tried to recover off their lows.


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