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Winter wheat

(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat ends up three per cent

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures climbed about three per cent on Wednesday on a mix of technical buying and enthusiasm over a larger-than-expected wheat purchase by top global importer Egypt a day earlier, traders said. Corn and soybeans also rose, supported by fund investment at the start of a new month and carry-over […] Read more
The Andersons’ ethanol plant at Denison, Iowa. (AndersonsEthanol.com)
Crops, Markets, Reuters

U.S. grains: Corn, soyoil climb on biofuels news

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Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures rose on Tuesday and soyoil futures climbed about four per cent on prospects for changes to the U.S. renewable fuels policy that could boost demand for corn-based ethanol and soy biodiesel, traders said. Both markets pared gains following a White House statement that no executive order was in […] Read more
(Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Wheat, corn, soy fall after firming overnight

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell two per cent to their lowest in nearly three weeks on Monday, weakening on technical sales after firming briefly during the overnight trading session. Corn and soybean futures also dropped to multi-week lows, with traders noting some end-month liquidation by investment funds. Both wheat and corn futures […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat, corn hit two-week lows on long liquidation

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell to a two-week low on Friday and corn hit a 2-1/2-week low on technical selling including fund long liquidation, analysts said. Soybeans closed modestly higher, bouncing after the spot March contract hit a six-week low. Chicago Board of Trade March wheat settled down 6-3/4 cents at $4.31-1/4 […] Read more
Few producers use the Canadian Grain Commission’s procedures for appealing a grade at the elevator, but 8,000 to 10,000 a year use the free Harvest Sample Program to determine their grade before shopping their grain to different buyers.
Cereals, Crops

If you want to dispute a grain grade

If you don’t like the grade at the elevator, you can appeal to the Grain Commission, but most farmers choose to shop around for the best deal

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Reading Time: 5 minutes It’s their legal right under the Canada Grain Act — if farmers don’t like the grade their elevator manager offers, they can appeal to the Canadian Grain Commission for an official ruling. But not many do. “In 35 years of buying grain, I’ve only had it once or twice with guys that I’ve dealt with,” […] Read more
(Photo courtesy United Soybean Board)
Crops, Markets, Reuters

U.S. grains: Soybeans hit three-week low

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures closed lower on Tuesday for a third straight session, reversing from early strength to touch a three-week low on expectations for large South American soy harvests, analysts said. Wheat futures fell while corn firmed, supported by export demand and technical buying. Chicago Board of Trade March soybean futures […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat, corn post weekly declines after fund-fueled rally

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat and corn futures fell on Friday for a second straight session as traders liquidated long positions ahead of a U.S. holiday weekend, and following a fund-driven rally seen as lacking fundamental drivers, analysts said. Soybeans also extended losses from Thursday, pressured by falling vegetable oil prices in Asia and […] Read more

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