Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell on Monday, retreating from gains made during the overnight trading session on signs that already light export demand for U.S. supplies had weakened further, traders said. Wheat futures were firm, with the biggest gains being notched by K.C. hard red winter wheat […] Read more
U.S. grains: Corn, soybean futures sag on demand woes
U.S. wheat futures firm
U.S. grains: Corn, soy up on weather worries, macroeconomic optimism
Black Sea tensions, China weather support wheat
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures closed higher on Friday, lifted by bargain-buying following this week’s multi-month lows, dryness in the Midwest crop belt and spillover strength from equities and crude oil, traders said. Wheat followed the firm trend, drawing additional support from weather concerns in China and tensions over a shipping […] Read more
Inflation, interest rates, input costs catch up to meat sector
Canada's meat industry hits hard times
Reading Time: 4 minutes There’s been a torrent of bad news in the meat sector in the last two months. Tyson Foods reported its first quarterly loss since 2009; HyLife’s processing plant in Windom, Minn., declared bankruptcy; Smithfield Foods is closing 40 sow farms in Missouri; Olymel announced the permanent closure of its Vallée-Jonction hog plant in Quebec; and […] Read more
Feed weekly outlook: Weather market will determine grain prices
Old-crop pricing is starting to come down
Reading Time: < 1 minute MarketsFarm – To Glen Loyns of JGL Commodities at Moose Jaw, Sask., feed grains on the Canadian Prairies are in a weather market, with prices for barley, wheat and corn quite able to go either way. “If it rains it’s going to be weak. If it’s dry it’s going to be higher. A pretty tough […] Read more
U.S. grains: Weather worries lift soybeans, new-crop corn
CBOT July wheat also climbs
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Thursday on worries about dryness building in the Midwest crop belt, while a setback in the dollar and speculative buying at the start of a new month lent additional support, analysts said. Chicago Board of Trade (CBOT) wheat climbed 2.8 per cent, extending Wednesday’s rebound from […] Read more
U.S. grains: Wheat bounces off 2-1/2 year low
Corn, soy futures pare losses
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures closed higher on Wednesday on a round of bargain buying after the benchmark July contract dipped to its lowest level in nearly 2-1/2 years, dragged down by strong competition for export business and macroeconomic worries, brokers said. Similarly, U.S. corn and soybean futures recovered from steep declines, with […] Read more
CBOT weekly outlook: Quick seeding bringing down prices
U.S. debt ceiling negotiations affected crude oil prices, agricultural commodities mostly immune
Reading Time: 2 minutes MarketsFarm – Prices for corn, soybeans and wheat on the Chicago Board of Trade (CBOT) were pressured by fast planting paces during the week ended May 31, according to one trader. The U.S. Department of Agriculture (USDA) reported on May 30 that 92 per cent of the country’s corn crop was planted as of Sunday, […] Read more
U.S. grains: Wheat, corn, soy fall on uncertain demand, weather
Sagging equities, crude oil also bearish on grains
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat, corn and soybean futures tumbled on Tuesday, pressured by macroeconomic worries, strong competition for global grain export business and some forecasts for beneficial Midwest rains next month that could bolster production prospects, analysts said. “The wetter outlook removed the one factor providing stability for the grain and oilseed markets, […] Read more
Pre-election reports analyze Alberta’s ag issues
Three reports focus on party histories, ag sector concerns, current platforms
Reading Time: 3 minutes Alberta farmers’ concerns with provincial policy, and the two major parties’ stances on those concerns, are the subjects of a three-part analysis leading up to a provincial election on Monday. The Simpson Centre for Food and Agricultural Policy, a think tank operating out of the University of Calgary’s School of Public Policy, says its three […] Read more
U.S. grains: Corn hits one-month high on weather worries
Soybean, wheat futures also advance
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures reached a one-month high on Friday as forecasts for dry weather in the U.S. Midwest kept attention on early risks to this year’s crop. Soybean and wheat futures also rose, with the agricultural markets posting weekly gains following recent declines to multi-month lows. Traders added […] Read more
A message from April Stewart, Country Guide's Associate Editor
