Reading Time: < 1 minute Canadian wheat ending stocks for the 2024-25 marketing year are forecast to be well above earlier expectations, says Agriculture and Agri-Food Canada.
Wheat
AAFC ups wheat, canola carryout forecasts
U.S. grains: Soybeans hit 2-month high before paring gains; corn, wheat sag
Reading Time: 2 minutes U.S. soybean and corn futures climbed to two-month highs on Tuesday, following broad gains in commodity and equity markets after China unveiled economic stimulus measures, but pared gains as forecasts called for improved crop weather in South America, analysts said.
Exports could take a hit as Vancouver grain terminals workers strike
Reading Time: 2 minutes While producers could feel the pinch of a strike at the Port of Vancouver's grain terminals within a week, the markets won't feel much of a hit unless the strike continues for three or four weeks, analysts said.
U.S. grains: Soybeans climb on supply risks, short-covering; corn, wheat also up
Reading Time: 2 minutes Chicago Board of Trade soybean futures hit nearly a seven-week high on Monday as uncertainty about Brazilian planting weather and the size of the U.S. harvest sparked a round of fund-driven short-covering, analysts said.
Canola net short position grows
Reading Time: < 1 minute The net fund short position in canola grew in mid-September, as speculative selling took the futures to contract lows, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
U.S. grains: Chicago corn dips, soybeans steady on big expected yields
Reading Time: 2 minutes Chicago corn futures ticked down and soybean futures hovered near unchanged on Friday with seasonal harvest pressure on the rise.
Prairie spring wheat bids follow U.S. futures lower
Reading Time: 2 minutes Hard red spring wheat bids in Western Canada moved lower during the week ended Sept. 19, as losses in the United States futures and seasonal harvest pressure weighed on values.
Altai becomes fifth Russian region to declare emergency due to crop problems
Reading Time: < 1 minute Altai on Friday became the fifth Russian region to declare a state of emergency this month due to crop problems caused by extreme weather, saying too much rain had waterlogged the soil.
U.S. grains: Wheat and corn ease on uninspiring export sales
Reading Time: 2 minutes Chicago corn and wheat futures ticked down on Thursday following lackluster export sales data released by the U.S. Department of Agriculture. Soybeans were dragged along for the ride despite more encouraging numbers, said analysts.
Argentine farmers abandon some wheat fields, hope for rain
Reading Time: < 1 minute Argentine farmers have begun abandoning some wheat fields due to an extended lack of rainfall in certain parts of its agricultural heartland, the Buenos Aires grains exchange said in a weekly report on Thursday.