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Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: CBOT soybeans, corn end week firm

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for the fifth straight day on Friday, hitting their highest in 5-1/2 weeks as concerns about crop development in South America fuelled buying, traders said. Parched soils in Argentina have underpinned prices throughout the week. “Dryness in Argentina has provided enough fuel for soybean prices to find […] Read more
Corn, Crops, Markets, Soybeans, Winter Wheat

CBOT weekly outlook: Markets stabilize following USDA reports

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Reading Time: 2 minutes CNS Canada — Corn and soybean contracts on the Chicago Board of Trade (CBOT) are catching up following the release of U.S. Department of Agriculture (USDA) reports last Friday. Corn “went down on Friday in response to the report. We couldn’t file through it all yesterday. So we actually ended up finding some short-covering and […] Read more
(Dave Clark photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn jumps in short-covering bounce

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures climbed more than one per cent on Wednesday on short-covering and technical buying after recent contract lows and on expectations that a weaker U.S. dollar may revive slumping export demand. Wheat also rose about one per cent after hitting one-month lows in the previous session, while soybeans recovered […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat hits one-month low on supplies, acreage forecasts

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell to a one-month low on Tuesday, pressured by ample global grain supplies and a government forecast on Friday that said U.S. farmers planted more winter wheat this season than had been expected. Soybeans climbed to a one-week high on short-covering and concerns that dry conditions in Argentina […] Read more
(Allan Dawson file photo)
Corn, Crops, Markets

Manitoba corn rides strong yields through bearish market

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Reading Time: 2 minutes CNS Canada — Even as large world supplies continue to weigh down the North American corn market, farmers in Manitoba can continue to hang their hats on strong yields, according to an industry expert. Manitoba’s average yield from the 2017 crop was 134 bushels an acre, according to Myron Krahn, president of the Manitoba Corn […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Wheat drops most since August after USDA acreage surprise

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Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures tumbled nearly three per cent on Friday, notching their biggest daily decline since August, after the U.S. Department of Agriculture showed larger-than-expected U.S. winter wheat plantings. Corn futures fell to life-of-contract lows, while soybeans turned higher in a recovery from four-month lows in the wake of the midday […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

USDA raises corn harvest view

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Reading Time: 2 minutes Washington | Reuters — The U.S. Agriculture Department on Friday boosted its estimate of domestic corn production due to a record yield that stemmed from bumper harvests in major growing states such as Illinois as well as some of the smaller production areas. USDA also trimmed its view of soybean production, although the 2017 crop […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Soybeans down ahead of USDA crop data

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures fell to a four-month low on Thursday ahead of U.S. Department of Agriculture data due on Friday that was expected to show bigger U.S. stockpiles and higher Brazilian soy output. Wheat futures also eased after weekly U.S. wheat export sales came in below analyst expectations, while corn futures […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans, Winter Wheat

CBOT weekly outlook: Markets await USDA reports

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Reading Time: < 1 minute CNS Canada — Updated production, stocks and acreage numbers due out from the U.S. Department of Agriculture on Friday should provide some nearby direction for U.S. grain and oilseed markets. “I can’t really get too bullish on the bean market with the large USDA estimates hanging over our heads,” said Terry Reilly of Futures International […] Read more

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