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Winter wheat

A close-up of emerging corn seedlings north of London, Ont. on May 24, 2016. (Ralph Pearce photo)
Crops, Markets, Reuters, Weather

U.S. grains: Corn nears one-year high on adverse weather

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Reading Time: 2 minutes Chicago | Reuters — U.S. spot corn futures hit a near one-year high on Wednesday on forecasts for potentially stressful crop weather in the Midwest, while Minneapolis spring wheat futures retreated from a near two-year high. Soybeans followed corn higher. The weather jitters come as commodity funds hold large net short positions in corn, wheat […] Read more
Sunset in Egypt on the Nile River south of Luxor. (CIA.gov)
Crops, Reuters, Spring Wheat, Winter Wheat

Egypt’s wheat imports again uncertain as ergot ban looms

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Reading Time: 2 minutes Cairo | Reuters — An Egyptian court has decided to reinstate a zero tolerance policy on common grain fungus ergot, lawyers on the case told Reuters on Tuesday, plunging trade with the world’s largest wheat importer back into uncertainty. Egypt last year scrapped a ban on ergot in grain imports after it effectively halted purchase […] Read more
Crops, Spring Wheat

Consultations sought on grading U.S. wheat imports

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Reading Time: 3 minutes Grain industry consultations are needed before the Canada Grain Act is amended to allow imported U.S. wheat to receive a Canadian Grain Commission (CGC) grade, the Saskatchewan Wheat Development Commssion says. “(W)e need to have public consultations to figure out the consequences of adding more American grain to our system,” Sask Wheat chair Bill Gehl […] Read more
Canadian Agriculture Minister Lawrence MacAulay (l) and U.S. Agriculture Secretary Sonny Perdue meet in Toronto on June 5. (Government of Canada photo)
Dairy Cattle, Livestock, Reuters, Spring Wheat, Winter Wheat

U.S. asks Canada to end ‘underhanded’ dairy pricing class

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Reading Time: 2 minutes Reuters — The United States has asked Canada to eliminate a new “underhanded” dairy-pricing class that has undercut sales by U.S. dairies to Canadian processors, U.S. Agriculture Secretary Sonny Perdue said on Monday. Perdue was speaking to reporters after he met with Canadian Agriculture Minister Lawrence MacAulay in Toronto. Canada’s dairy farmers last year struck a […] Read more
(MGEX.com)
Crops, Markets, Reuters, Weather

U.S. grains: Minneapolis wheat surges on northern Plains dryness

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Reading Time: 2 minutes Chicago | Reuters — U.S. spring wheat futures set a 5-1/2-month high on Friday, buoyed by expanding dryness in the northern Plains production belt, analysts said. Minneapolis Grain Exchange July spring wheat settled up five cents at $5.83-3/4 per bushel after reaching $5.90, the highest spot price since mid-January (all figures US$). The spot contract […] Read more
(Dave Clark photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn ends higher on lower-than-expected crop ratings

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Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures rose about 1.4 per cent on Wednesday after the U.S. Department of Agriculture’s initial condition ratings for the crop fell below trade expectations. Nearby soybeans also closed firm while wheat turned lower toward the close, after spending most of the session higher. Chicago Board of Trade July corn […] Read more

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