Markets
Reading Time: 2 minutes Chicago soybean and corn futures chopped up and down on Wednesday as traders monitored results from a U.S. Midwest field tour that initially confirmed strong yield prospects, traders said.
Markets
U.S. grains: Soybeans, corn choppy as traders eye crop tour results
North American Grain and Oilseed Review: About-face for canola to correct higher
Positive traction for U.S. soybeans, corn, wheat
Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures gained some traction on Wednesday, correcting higher after two sessions of losses. Good weather across the Prairies has continued to weigh on values. An analyst said the rains in August averted what was likely a below average canola crop. The analyst also […] Read more
Manitoba harvest sees winter crops pass halfway point
Combining of spring crops getting started
Reading Time: 2 minutes Harvest operations in Manitoba pressed ahead during the week ended Aug. 18, with fall rye and winter wheat leading the way.
ICE Canola Midday: Either side of unchanged
Good weather holding back rally
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were bouncing either side unchanged on Wednesday morning, with a rally quite unlikely said an analyst. The change in weather, away from the dry conditions earlier this summer, has been impacting the futures the analyst said. He forecast the canola harvest to be […] Read more
Nebraska soy, Indiana corn show best potential in years, crop scouts say
Reading Time: 2 minutes Nebraska’s soybean pod count is the highest in at least 22 years, and its corn yield potential is the strongest in four years, scouts said on Tuesday during the second day of Pro Farmer’s annual tour of major grain-producing states.
Global Markets: Crop tour results for Indiana, Nebraska
Bean pod counts fall in Indiana
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Day two of the Pro Farmer crop tour brought results from Indiana and Nebraska. In Indiana on Tuesday, corn yields increased from last year to 193.82 bushels per acre, but […] Read more
ICE canola finds positive momentum
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Wednesday as comparable oils were mixed. European rapeseed was up, but Chicago soyoil and Malaysian palm oil were down. Crude oil made gains due to a draw in United States stockpiles and uncertainty over peace talks between Russia and Ukraine. Much of the […] Read more
Canadian Dollar and Business Outlook: Loonie slips lower
Greenback dips as well as crude rises
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar eased back on Wednesday morning despite a relatively steady United States dollar and upticks in crude oil. As of 8:35 am CDT, the loonie was at US$0.7213 or US$1=C$1.3864 compared to Tuesday’s close of US$0.7219 or US$1=C$1.3852. On the U.S. Dollar Index, the greenback […] Read more
U.S. livestock: Feeders set fresh highs, hogs mixed
Reading Time: < 1 minute Chicago cattle futures ended Tuesday mostly up, with feeder contracts setting fresh highs. Hogs were mixed.
U.S. grains: Chicago wheat, corn tick lower on continued supply pressure
Reading Time: 2 minutes Chicago wheat fell on Tuesday, pressured by an upward revision to Russia's wheat crop forecast and the latest talks to end the war in Ukraine, while corn eased as strong yield projections from a U.S. Midwest field tour maintained supply pressure.