Daily Network News

More News →

Winter wheat

(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans down on profit-taking before USDA data

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped two per cent on Thursday, the steepest decline in 2-1/2 months, on profit-taking tied to lower veg oil prices and extended weather outlooks for rainfall in Argentina, traders and analysts said. U.S. President-elect Donald Trump’s nomination of Oklahoma Attorney General Scott Pruitt to run the nation’s Environmental […] Read more
A truck bears the logo of the Fortune brand, used by Cofco’s China Agri subsidiary to market rice and flour. (Cofco.com)
Cereals, Crops

China shipping wheat flour to Canada

By
Reading Time: < 1 minute Chinese state-owned agrifood firm Cofco says it has scored its first-ever international sale of wheat flour — into the Canadian market. Cofco, which said in June it plans to open a Canadian grain trading office in Winnipeg, recently announced it had loaded a container ship at the northeastern port of Dalian on Nov. 17 with […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat, corn sag on ample supplies

By
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat and corn futures fell on Wednesday, pressured by plentiful world feedgrain supplies and profit-taking following light rallies a day earlier, traders said. Soybean futures ended modestly higher after a choppy session, supported by fresh export demand for U.S. soy and worries about South American crop weather. Chicago Board of […] Read more
Figure 1.
Crops

Pest Patrol: Farmers are reducing weed seed return after cereal harvest

#PestPatrol with Mike Cowbrough, OMAFRA

By
Reading Time: 3 minutes I was driving down a long country road and noticed two large fields where winter wheat had been harvested almost eight weeks earlier. Each had a beautiful thick canopy of oats. Figure 1 (at top). An oat cover crop planted almost eight weeks ago following winter wheat harvest. That same day, when I came across […] Read more
(FIle photo by Allan Dawson)
Crops, Markets, Reuters

U.S. grains: Exports support gains in corn, soybeans

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Tuesday with another round of export deals with China and concerns about dry weather in Argentina pushing prices higher, traders said. Short covering lent support to corn, which also benefited from overseas interest in U.S. supplies, but wheat closed lower, pressured by a strong U.S. dollar […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans rally, pull wheat higher

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose 1.5 per cent on Monday, snapping a four-session fall, as healthy overseas demand and rallies in Asian oilseed markets countered pressure from large global supplies, traders said. The gains in soybeans spilled over into corn and wheat markets, which also benefited from short covering by investment funds. […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat ends week down 3.6 per cent

By
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures firmed on Friday on bargain-buying a day after falling to multi-month lows, but both grains posted weekly declines reflecting swelling global supplies. Soybeans ended modestly lower after a choppy session. Chicago Board of Trade March wheat settled up 8-3/4 cents at $4.04-1/4 per bushel and March […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat falls on Southern Hemisphere harvest

By
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Thursday for a sixth straight session, pressured by the expanding harvest of crops in the Southern Hemisphere that should add to plentiful global grain stockpiles, analysts said. Corn futures fell on disappointing weekly U.S. export data and soybeans posted modest declines. The most-active March wheat contract […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy falls on position squaring

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Wednesday in the second straight day of declines as investors evened out positions and locked in profits from monthly gains, traders said. Wheat futures also fell, pressured by a firm dollar that further dimmed prospects for U.S. supplies on the export market. Corn was steady to […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy snaps winning streak

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell 1.2 per cent on Tuesday, pulling back from a 4-1/2 month high on a round of profit-taking, as well as pressure from falling crude oil prices. Corn and wheat futures also fell, their fourth straight losing session due to pressure from ample global supplies. Multiple Chicago Board […] Read more

Latest Market News

More Market News →