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Barley south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Barley, Crops, Markets, Weather

Feed weekly outlook: Barley bids rise on weather woes, tight old-crop supplies

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Reading Time: 2 minutes MarketsFarm — Tight old-crop supplies and mounting weather concerns over new-crop production are keeping feed grain prices well supported in Western Canada as end-users work to ration supplies. “We’ve seen a very real weather market emerge in the last few weeks,” said Brandon Motz of CorNine Commodities at Lacombe, Alta., pointing to wet conditions hampering […] 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 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
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
A Mexican port-of-entry sign on Highway 92 near Naco, Arizona. (Rex_Wholster/iStock/Getty Images)
Crops, Markets, Reuters

Target Trump’s base if trade spat worsens, Mexican farm lobby says

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Reading Time: 2 minutes Mexico City | Reuters — The Mexican government should target agricultural goods produced in states that have voted for U.S. President Donald Trump’s Republican Party if the trade conflict between the two neighbours worsens, the head of Mexico’s main farm lobby said on Friday. Bosco de la Vega, head of Mexico’s national farm council CNA, […] 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
CME August 2019 feeder cattle, with CBOT July 2019 corn (orange line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Futures fall as corn rally boosts feeding costs

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures closed mostly lower on Thursday, with a rally in the corn market pressuring livestock contracts, traders said. “It had a lot to do with corn going up,” said Doug Houghton, an analyst with Brock Associates Inc. “Feed costs are higher.” Feeder cattle futures notched […] Read more
(SKHoward/iStock/Getty Images)
Crops, Markets, Reuters, Soybeans

U.S. to favour soybeans in trade war aid for farmers

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Reading Time: 3 minutes Washington/Chicago | Reuters — The Trump administration is considering direct payments to U.S. farmers of $2 per bushel for soybeans as part of an aid package to offset the trade war with China, Bloomberg reported on Tuesday, an offer that could encourage more soy planting despite record supplies. China is the world’s top soybean importer, […] Read more

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