Daily Network News

More News →

Winter wheat

(iStock/Getty Images Plus)
Crops, Markets, Spring Wheat, Winter Wheat

USDA expects record world wheat crop in 2021-22

By
Reading Time: < 1 minute MarketsFarm — The latest U.S. forecast puts world wheat production at a new record in 2021-22, with bigger crops in a number of countries more than offsetting expected decreases in Canada and Australia. According to the first outlook for the marketing year from the U.S. Department of Agriculture, total world wheat production for 2021-22 is […] Read more
CBOT July 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange, green lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn mixed on continued liquidation, tight supply

Soybeans slide on profit-taking; wheat up as U.S. dryness expands

By
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures ended mixed on Thursday as traders took profits following a strong run-up in the market, while global supply concerns offered support. Soybeans slipped as soyoil stepped back from recent highs, while wheat ticked higher as dryness expands across the U.S. Great Plains. The most-active corn futures on the […] Read more
CBOT July 2021 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, wheat, soy step back after reaching new eight-year highs

Wheat at highest since February 2013 after U.S. crop rating fall

By
Reading Time: 2 minutes Chicago | Reuters — Chicago corn, wheat and soybean futures ended Tuesday lower after extending a rally to eight-year highs, supported by corn supply worries as adverse weather cast early doubts over harvest prospects in top exporters Brazil and the United States. A sharp decline in weekly U.S. wheat crop ratings also kept the focus […] Read more
CBOT May 2021 corn (candlesticks) with 20-day moving average (yellow line) and December 2021 corn (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn up on weather outlook, weaker dollar

CBOT May wheat down, K.C. May wheat up

By
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose on Monday, flirting with multi-year highs set last week, as forecasts for frosty weather and precipitation raised concerns about the pace of planting and germination, analysts said. A weaker dollar lent support, theoretically making U.S. grains more competitive globally. Soybeans followed corn higher, but wheat was choppy, […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids soar after weather events

U.S. May wheat futures up on week

By
Reading Time: 2 minutes MarketsFarm — Cash bids for Prairie wheat jumped as wintry weather made its way across the Prairies and U.S. northern Plains during the week ending Thursday. Wheat futures in the U.S. rose due to spillover from soybeans. However, a stronger Canadian dollar tempered Prairie wheat prices. Manitoba and Saskatchewan, as well as Montana, North Dakota […] Read more
CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn futures retreat from peak above $6

Wheat, soybean futures rise

By
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures closed mixed on Thursday, with the most-active contract easing on pressure from commercial hedging after spiking above US$6 a bushel for the first time since June 2013 during overnight trading. But concerns about seeding delays due to cold weather in the U.S. Midwest lifted new-crop corn contracts. Weather […] Read more
Kansas City May 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange, green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Futures rally on weather concerns

Wheat futures book biggest increases

By
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat, corn and soybean futures rallied on Wednesday, supported by concerns that a cold snap in the U.S. Midwest and Plains could hamper crop development, traders said. Chicago Board of Trade corn gained 2.4 per cent to hit its highest since June 2013. Wheat futures posted the biggest increases, with […] Read more
Always adjusting, always learning
Crops

Always adjusting, always learning

Agriculture’s diversity demands accepting change and making it work to your advantage

By
Reading Time: 4 minutes In agriculture, diversification thrives when it’s encouraged and nurtured. It not only helps spread risk, it can open the door to new directions and to new ventures that supplement the conventional or create new opportunities. Adam Garniss understands this about as well as anyone. A grower and entrepreneur, he oversees a diversified operation on the […] Read more
MGEX May 2021 wheat (candlesticks) with K.C. May 2021 wheat (yellow line) and CBOT May 2021 wheat (green line). (Barchart)
Crops, Markets, Spring Wheat, Winter Wheat

Spring wheat slowly regains premiums

By
Reading Time: 2 minutes MarketsFarm — Nearby Minneapolis spring wheat contracts have historically traded at a premium compared to their Chicago and Kansas City soft wheat counterparts. And after a winter during which that premium had all but disappeared, spring wheat has so far made gains in 2021. Since the start of the year, both spring wheat contracts have […] Read more
MGEX May 2021 spring wheat (candlesticks) with 20-day moving average (gray line) and CBOT May 2021 wheat (orange line). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Wheat lifted on spring planting concerns

Near-term tightness in world supply underpins soy, corn

By
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures gained on Wednesday, following the Minneapolis Grain Exchange’s hard red spring wheat higher on concerns that dryness across the U.S. Great Plains could affect spring wheat plantings. Chicago corn gained ahead of the U.S. Department of Agriculture’s monthly supply and demand report on Friday, which is expected to […] Read more

Latest Market News

More Market News →