Reading Time: 2 minutes Chicago Board of Trade soybean and corn futures drifted lower on Wednesday as initial optimism faded over the U.S. and China agreeing on the framework of a trade truce, and market players shifted their focus back to benign crop weather, analysts said.
U.S. grains: Soy, corn futures retreat on weather as US-China optimism cools
CBOT Weekly: ‘Not looking for any fireworks’ in June WASDE
Report unlikely to have notable changes
Reading Time: 2 minutes Do not expect any major changes in the June supply and demand report from the United States Department of Agriculture, said Terry Reilly, senior agricultural specialist for Marex.
Manitoba crops 99 per cent planted
Five points ahead of average
Reading Time: < 1 minute Seeding operations across Manitoba largely wrapped up during the week ended June 10, with 99 per cent of intended acres in the ground, according to the latest provincial crop report. That was up four points from the previous week and compares with the five-year average of 94 per cent done.
U.S. grains: Wheat futures sag on crop rating boost; corn, soybeans firm
Reading Time: 2 minutes Chicago wheat futures fell to their lowest level in more than a week on Tuesday as improving U.S. crop condition ratings and seasonal pressure overshadowed early harvest delays and drought in Russia, traders said.
Canadian Wheat Research Coalition funds AAFC variety development
Reading Time: < 1 minute The Canadian Wheat Research Coalition has pledged nearly $20 million in funding for wheat variety development over the next three years.
U.S. grains: Wheat retreats on harvest pressure; corn, soybeans end lower
Reading Time: 2 minutes U.S. wheat futures fell about two per cent on Monday on seasonal pressure from the start of the Northern Hemisphere winter wheat harvest and corn futures sagged on mostly favorable crop weather, traders said.
U.K. wheat output to swing higher in 2025/26
Wheat production fell last year for several reasons
Reading Time: < 1 minute Wheat production in the United Kingdom is forecast to turn around in 2025/26 after falling back the previous year, the United States Department of Agriculture reported on June 9.
Tariffs on canola seen supercharging Canadian farmers’ shift to spring wheat
U.S. Great Plains farmers skipping the cereal in favour of more profitable crops
Reading Time: 4 minutes The prospect of Chinese and U.S. tariffs on canola have prompted Western Canadian farmers to seed more wheat.
U.S. grains: Chicago futures firm on weather, U.S.-China trade optimism
Reading Time: < 1 minute Chicago grains and soybeans firmed on Friday as expectations improved for U.S.-China trade relations after leaders of the two countries spoke and agreed to further discussions.
Drop in U.S. bulk exports highlighted by USDA report
Down 10 points in three years says FAS
Reading Time: 2 minutes Since 2020, bulk exports out of the United States rose and then fell back, said the U.S. Department of Agriculture report released on June 6. Issued by the USDA's Foreign Agricultural Service, the Rise and Fall of Bulk Commodities cited several reasons for the drop in bulk exports.
A message from April Stewart, Country Guide's Associate Editor
