Reading Time: 2 minutes Frigid temperatures this week likely killed as much as 15 per cent of the winter wheat crop in parts of the U.S. Plains and Midwest, the Commodity Weather Group said on Friday, in an ominous sign for U.S. wheat production.
Frigid weather likely damaged US winter wheat crop, meteorologist says
U.S. grains: Soy down on record Brazil crop outlook
Reading Time: < 1 minute U.S. soybean futures fell on Monday on favourable crop weather in South America, forecasts for a record-smashing Brazilian harvest and continued concerns about the incoming Trump administration's hawkish approach to trade with top soy importer China.
Few changes in March USDA report
Increased projections for South American corn, soybeans, U.S. wheat carryout
Reading Time: 2 minutes The United States Department of Agriculture’s (USDA) monthly supply/demand estimates, released on March 8, were largely left unchanged, the exceptions being South American corn and soybeans as well as U.S. wheat.
Commodity Classic: U.S. corn growers await aviation fuel decision
Biden administration expected to announce within weeks if ethanol will qualify for sustainable aviation fuel tax credit
Reading Time: 2 minutes American corn growers are on pins and needles waiting to find out if corn ethanol will qualify for a lucrative sustainable aviation fuel tax credit.
USDA expects record world wheat crop in 2021-22
Reading Time: < 1 minute MarketsFarm — The latest U.S. forecast puts world wheat production at a new record in 2021-22, with bigger crops in a number of countries more than offsetting expected decreases in Canada and Australia. According to the first outlook for the marketing year from the U.S. Department of Agriculture, total world wheat production for 2021-22 is […] Read more
U.S. farmers seed more winter wheat as grain prices rally
Reading Time: 3 minutes Chicago | Reuters — U.S. farmers expanded seedings of winter wheat this autumn for the first time in eight years as strong demand and dry weather in several producing countries fuels higher prices for the grain, farmers and analysts said. Winter wheat, seeded in the Northern Hemisphere in autumn for harvest in June, is the […] Read more
Canadian wheat sales to China hit 14-year high despite dispute
Reading Time: 2 minutes Winnipeg/Chicago | Reuters — Canada has shipped the most wheat to China in 14 years, contrasting a sudden halt in canola trade amid a diplomatic dispute between the countries, as Chinese buyers shunned the United States. China bought 1.5 million tonnes of wheat from Canada from August 2018 through April 2019, nearly double the pace […] Read more
Consultations sought on grading U.S. wheat imports
Reading Time: 3 minutes Grain industry consultations are needed before the Canada Grain Act is amended to allow imported U.S. wheat to receive a Canadian Grain Commission (CGC) grade, the Saskatchewan Wheat Development Commssion says. “(W)e need to have public consultations to figure out the consequences of adding more American grain to our system,” Sask Wheat chair Bill Gehl […] Read more
U.S. wheat futures hit new lows, more losses likely
Reading Time: 2 minutes CNS Canada –– All three U.S. wheat futures markets hit fresh contract lows on Tuesday — and further losses are likely, as most fundamental and technical factors remain bearish. “The trend certainly hasn’t been positive,” said market analyst Bryan Strommen of Progressive Ag in Fargo, N.D. He cited improving U.S. winter wheat conditions, favourable weather […] Read more
A message from April Stewart, Country Guide's Associate Editor
