Reading Time: 2 minutes Reuters — U.S. corn and soybean futures fell on Monday as rains boosted recently planted crops across the U.S. Midwest and as traders weighed future export demand following a flurry of corn purchases by China last week. Wheat futures also fell, sinking to the lowest level in more than a month as prospects for a […] Read more
U.S. grains: Corn, soybeans sink after Midwest rains
Wheat down on big Kansas crop outlook, export competition
U.S. grains: Corn futures rise; soybeans, wheat weak
Kansas winter wheat tour sees record yield potential
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose on Thursday, with strong export demand highlighting concerns about dwindling crop supplies due to harvest shortfalls in Brazil, traders said. Soybeans and wheat weakened after firming early in the session. Private exporters reported the sale of 1.224 million tonnes of corn to China for delivery in the […] Read more
U.S. grains: Corn up on another sale to China
CBOT wheat, soybeans fall
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose for the second day in a row on Tuesday, supported by strong export demand as well as concerns that forecasts for dry weather in parts of the U.S. could stress the recently seeded crop, traders said. Wheat and soybean futures weakened on a technical setback after failing […] Read more
U.S. grains: Corn and soy mixed, wheat down
Wheats lower on weather view for U.S. Plains
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures closed mixed on Monday, with nearby contracts firming on support from tight supplies and strength in the cash market, while forecasts for warm weather that will boost crop development in the U.S. Midwest pressured new-crop issues, traders said. “The outlook warmed up for the Midwest over […] Read more
U.S. grains: Corn, soy futures hit multi-year highs on supply fears
Dryness in Brazil fuels supply fears
Reading Time: 2 minutes Chicago | Reuters — Concerns that global crop supplies will remain lean pushed Chicago Board of Trade corn futures to their highest price since March 2013 on Friday, while soybean futures reached their highest since October 2012. The markets surged before the weekend as traders braced for the potential of further rallies driven by tightening […] Read more
U.S. grains: Corn tops $7 for first time since 2013 in most-active contract
High corn prices are not destroying demand, Bunge CEO says
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures on Tuesday topped US$7 a bushel in the most-active contract for the first time since 2013 as unfavourably dry crop weather in Brazil kept attention on tightening global supplies. Surging prices have done little to curb robust demand for corn used to feed livestock and produce ethanol, opening […] Read more
Feed weekly outlook: Solid exports support domestic barley market
Reading Time: < 1 minute MarketsFarm — Canada has already exported more barley through the first two-thirds of the 2020-21 marketing year than in any full crop year in over a decade. That solid export pace is keeping domestic prices well supported, with an increase in seeded area in 2021-22 expected. Export data from the Canadian Grain Commission through March […] Read more
U.S. grains: Corn, soy climb to multi-year highs
Tight supplies, weather woes supportive; wheat also up
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures climbed to multi-year highs on Wednesday, supported by firm cash markets as old-crop supplies dwindle and weather issues threaten prospects for the 2021 harvests, analysts said. Wheat futures also rose, drawing additional support from frosty temperatures in the Plains and Midwest. Chicago Board of Trade May […] Read more
U.S. grains: Corn up on weather outlook, weaker dollar
CBOT May wheat down, K.C. May wheat up
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
ICE weekly outlook: For canola, the only certainty is volatility
"The market has to feel comfortable there’s a crop on the way"
Reading Time: 2 minutes MarketsFarm — After starting this week with losses, canola bounced back with back-to-back gains, raising prices by more than $20 per tonne for old-crop after falling back $4-$5 on Monday. Errol Anderson, an analyst with ProMarket Communications in Calgary, emphasized there will be a good amount of volatility in the markets, with wide swings possible […] Read more
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