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(File photo)
Barley, Beef Cattle, Cereals, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices fall with rain

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Reading Time: < 1 minute Feed grain prices for Lethbridge’s feedlot alley took a tumble after parts of the Prairies received some much-needed rain. Jim Beusekom, president of Market Place Commodities in Lethbridge, said barley and wheat prices recently dropped. Barley was around $285-$290 per tonne in the area, down about $10 from the week ending June 21. Wheat was […] Read more
CBOT July 2019 soybeans with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Corn, Crops, Markets, Soybeans, Spring Wheat

CBOT weekly outlook: Bullish U.S. Midwest weather story not over

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Reading Time: 2 minutes MarketsFarm — Corn and soybean futures at the Chicago Board of Trade may have run into some profit-taking resistance, but underlying concerns over wet fields and lost acres should keep the general uptrend in place heading through the summer. “I don’t think this weather story is anywhere near over,” said Preston Zacharias of CHS Hedging’s […] Read more
Democratic 2020 U.S. presidential candidate and former Vice-President Joe Biden speaks at an event at Iowa Wesleyan University in Mount Pleasant, Iowa on June 11, 2019. (Photo: Reuters/Jordan Gale)
Corn, Crops, Machinery, Reuters

As Biden tours Iowa, farmers want to know where he stands on ethanol

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Reading Time: 4 minutes New York | Reuters — Joe Biden may have an ethanol problem. The former U.S. vice-president has pledged support for advanced biofuels as part of his bid for the 2020 Democratic presidential nomination. But Biden, who leads the crowded Democratic field in opinion polls in Iowa and nationally, faces lingering questions in the U.S. Farm […] Read more
CBOT July 2019 soybeans (candlestick chart) compared to July 2019 soybeans (orange line chart). (Barchart)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Weather, trade wars keep futures volatile

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Reading Time: < 1 minute MarketsFarm — Extended durations of wet spring weather continue to buoy prices on the Chicago Board of Trade — and price volatility will remain high based on long-term weather forecasts. “Whenever you’re in a weather problem phase, volatility tends to increase,” explained Terry Reilly, a grains analyst with Futures International. Currently, soybeans are trading around […] Read more
The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)
Corn, Crops, Reuters, Weather

Trump lifts curbs on E15 gasoline

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Reading Time: 2 minutes Washington | Reuters — The Trump administration on Friday lifted restrictions on the sale of higher ethanol blends of gasoline, keeping a campaign promise to farmers suffering from the trade war with China but inviting a legal challenge from the oil industry. The announcement allows gasoline stations to sell blends containing up to 15 per […] Read more
(Medioimages/Photodisc/Getty Images)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Trade volatile ahead of USDA announcement

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Reading Time: 2 minutes MarketsFarm — The Chicago Board of Trade saw “a wild ride of volatility” on Wednesday, following rumours of a U.S. Department of Agriculture farm aid package that could top US$15 billion. The package would include payments of about $2 per bushel for soybeans and four cents per bushel for corn, according to Bloomberg. An official […] Read more
The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: U.S./China deal awaited

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Reading Time: < 1 minute MarketsFarm — The Chicago Board of Trade is carefully watching the prolonged trade drama between the U.S. and China and waiting to see if the two countries will reach an agreement in days to come. “Headlines are leading trade,” remarked Steve Georgy, president of Allendale Inc. at McHenry, Il. “Markets are revolving around China talk, […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices steady ahead of seeding

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Reading Time: < 1 minute MarketsFarm — Feed grain prices have firmed up ahead of seeding, and producers are quick to make room in feed bins ahead of seeding. “New-crop price is significantly lower than old-crop, so at some point they’re going to converge,” said Allen Pirness, senior trader with Market Place Commodities in Lethbridge. Statistics Canada’s crop intentions report, […] Read more

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