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Winter wheat

Emerging corn plants in Canada. (Sophie-Caron/iStock/Getty Images)
Crops, Markets, Reuters

U.S. grains: Corn hits one-week high as USDA cuts yield more than expected

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures climbed to a one-week high on Tuesday after the U.S. Department of Agriculture (USDA) made a bigger-than-expected cut to its yield estimate due to unprecedented planting delays this spring. USDA, in a monthly report, slashed its corn yield projection by 10 bushels an acre from May, or 5.7 per […] Read more
(Jack Dykinga photo courtesy ARS/USDA)
Crops, Reuters, Spring Wheat

USDA investigates unapproved GMO wheat in Washington state

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Reading Time: 2 minutes Chicago | Reuters — The U.S. Department of Agriculture has confirmed the discovery of unapproved, genetically modified (GM) wheat plants growing in an un-planted agricultural field in Washington state. There was no evidence the wheat had entered the food supply, USDA’s Animal and Plant Health Inspection Service said in a statement on Friday. The wheat […] Read more
Emerging durum south of Griffin, Sask. on May 31, 2019. (Leeann Minogue photo)
Crops, Markets, Reuters, Spring Wheat

Canadian wheat sales to China hit 14-year high despite dispute

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Reading Time: 2 minutes Winnipeg/Chicago | Reuters — Canada has shipped the most wheat to China in 14 years, contrasting a sudden halt in canola trade amid a diplomatic dispute between the countries, as Chinese buyers shunned the United States. China bought 1.5 million tonnes of wheat from Canada from August 2018 through April 2019, nearly double the pace […] Read more
CBOT July 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Wheat rebounds on weather abroad

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Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures rose on Thursday, rebounding after two days of deep losses, with support from dry weather that is expected to reduce yields in Russia and Australia. Traders said they are monitoring wet conditions in the southern U.S. Plains and Midwest that threaten winter wheat quality, as well as the […] Read more
CBOT July 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Futures plummet on Midwest weather, profit-taking

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Reading Time: 2 minutes Chicago | Reuters — U.S. grain futures plummeted across the board on Wednesday, as fears eased about the potential for rain damage to the wheat crop and forecasts of warmer temperatures in the U.S. Midwest opened a narrow planting window for soybean farmers. The burgeoning U.S.-Mexico trade fight added pressure to corn futures, despite a […] Read more
CBOT July 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy rise as report shows rain slows plantings

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade (CBOT) corn futures rose on Tuesday to revisit last week’s three-year highs after the U.S. Department of Agriculture said U.S. planting was well behind the average pace for this time of year following repeated rainfall. Soybeans rose too as rain also slowed U.S. sowings, according to the […] Read more
Kansas City July 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat rallies on weather

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rallied on Monday on concerns about harvest risks as more heavy rain was forecast in some U.S. grain belts and warm, dry weather was expected in top wheat exporter Russia. Meanwhile, corn and soybean futures traded choppily as the markets digested a threat of U.S. tariffs against Mexico, […] Read more
U.S. grains: Trump tariff threat pushes corn, soy, wheat lower
Crops, Markets, Reuters

U.S. grains: Trump tariff threat pushes corn, soy, wheat lower

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn, wheat and soybean futures fell on Friday, weighed down by fresh concerns about demand after U.S. President Donald Trump threatened to place tariffs on imports of goods from Mexico in response to illegal immigration across the U.S. border. All three commodities also faced pressure from profit-taking after posting big […] Read more

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