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Wheat

(Photo: Reuters/Diego Vara)
Crops, Weather

Saskatchewan Crop Report: Dryness continues as harvest begins 

Since April 1, the entirety of the province received 200 mm or less of rain

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Reading Time: < 1 minute MarketsFarm – With the exception of a handful of areas, most of Saskatchewan remained dry for the week ended July 31 as harvest operations began in the province’s southwest and west-central regions. Areas north of Prince Albert and northwest of Kindersley, as well as inside and around Hudson Bay each saw more than 30 millimetres […] Read more
(Geralyn Wichers photo)
Crops, Livestock, Markets

Feed weekly outlook: Influx of cheaper U.S. corn pushing down prices

Weaker Chicago corn prices led to a 50-cent/bu. drop in Alberta feed barley, wheat

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Reading Time: 2 minutes MarketsFarm – Feed grain prices took a tumble this week in Alberta, said Susanne Leclerc of Market Master Ltd. in Edmonton. “It’s kind of shocking. I know we had some harvest start in the southern part [of the province]. It seems to have really affected prices. Of course, corn got cheap with the futures dropping […] Read more
Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Crops, Markets, Reuters

U.S. grains: wheat falls after Ukraine port attack renews worries

Russian attack Wednesday underscored the risk of a further squeeze on Ukrainian exports

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Reading Time: 2 minutes Chicago | Reuters – Chicago wheat slid for a sixth consecutive session on Wednesday, after sharp gains overnight as supply jitters caused by a Russian strike against a Ukrainian port were tempered by strong Russian exports and signs Moscow is open to reviving a Black Sea corridor deal. Soybeans dipped to one-month lows and corn […] Read more
Photo: Thinkstock
Cereals, Corn, Crops, Markets, Soybeans, Spring Wheat

CBOT weekly outlook: August forecasts pulling prices down 

Wheat prices went down during the week despite Russia’s withdrawal from Black Sea deal

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Reading Time: 2 minutes MarketsFarm – Recent weather forecasts for much of the United States put pressure on grain prices on the Chicago Board of Trade (CBOT) during the week ended Aug. 2.  Cooler and wetter conditions are expected for the U.S. Midwest during the first half of August, which could help stabilize corn and soybean crops affected by […] Read more
Mature winter wheat. (Allan Dawson photo)
Canola, Cereals, Crops, Forages, Soybeans

Manitoba’s crops continue to hold up 

Hay yields generally below average; pasture conditions were deteriorating due to dryness

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Reading Time: 2 minutes MarketsFarm – Timely rains in Manitoba have kept the province’s crops in relatively good shape, according to the latest crop report. Manitoba Agriculture said precipitation as of Aug. 1 amounted to as much as 73 millimeters around Zhoda in the southeast to 13 mm at The Pas in the north. Although several locales throughout the […] Read more
(Omersukrugoksu/iStock/Getty Images)
General, Markets, Reuters

Russia strikes Ukraine’s Danube port, sending global grain prices higher

Port hit on Danube opposite NATO-member Romania; Kyiv says aim is to intimidate shippers considering return

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Reading Time: 4 minutes Kyiv | Reuters – Russia attacked Ukraine’s main inland port across the Danube River from Romania on Wednesday, sending global food prices higher as it ramps up its use of force to prevent Ukraine from exporting grain. The attacks destroyed buildings in the port of Izmail and halted ships in their tracks as they prepared […] Read more
(Thinkstock photo)
Crops, Markets, Reuters

U.S. grains: Soybeans climb on export hopes; corn, wheat remain weak

Wheat slips again as Black Sea competition continues

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Reading Time: 2 minutes Chicago | Reuters – Soybean futures on the Chicago Board of Trade ended higher on Tuesday after two-sided trade, as export demand optimism won out over forecasts for cooler, wetter weather that pressured markets. Chicago corn eased, pressured by expectations that timely rains in August would improve heat-stressed crops. Wheat fell for a fifth session […] Read more
The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Crops, Markets, Reuters

U.S. grains: corn, soy fall as US weather improves

Wheat dropped despite Black Sea supply concerns

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Reading Time: 2 minutes Chicago | Reuters – Chicago soybeans and corn fell on Monday, pressured by expectations of cooler, wetter weather across the U.S. Midwest in August. Wheat also dropped, despite worries over Black Sea supplies, although no new major Russian attacks on Ukrainian grain infrastructure were reported over the weekend. Chicago Board of Trade most-active corn Cv1contract […] Read more
Photo: Reuters
Cereals, Crops, Spring Wheat

NFU claims victory for wheat producers after CGC reversal

The changes would've seen the export grade standard applied to deliveries to country elevators

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Reading Time: 2 minutes The National Farmers Union (NFU) is calling a reversal of wheat-grading changes a “tremendous success for farmers,” according to news release, Friday. On Friday morning, the Canadian Grain Commission repealed upcoming grading changes in response to complaints from producer groups. In a news release, the CGC simply stated it was repealing the alignment of primary […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: grain, soy futures drop on milder US weather, with eyes on Black Sea

Markets have retreated since touching multi-week highs on Monday

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Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade grain and soybean futures fell to their lowest prices in more than a week on Friday on hopes that U.S. crop weather will improve and Russia will ease its attacks on Ukraine’s grain facilities, analysts said. Technical selling added pressure to prices. Heading into August, the key […] Read more

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