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(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat prices fall on hefty supplies

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat fell for the second straight day on Thursday, pressured by technical selling, ample global supplies and lacklustre demand for U.S. shipments and dragged by Paris futures which hit a contract low early in the session. Chicago Board of Trade wheat futures extended declines after Euronext March milling wheat tumbled […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soybeans see higher-value trading range

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Reading Time: 2 minutes CNS Canada — Corn and soybean contracts at the Chicago Board of Trade are both rangebound, but beans are above the major moving averages, according to one analyst, as traders watch outside markets and weather for indications on where to move next. “I’m friendly, but I’m not looking for any explosions,” said Scott Capinegro, senior […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Corn, soy steady on technicals after big gains

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybeans edged higher on Wednesday while wheat prices were slightly lower at the Chicago Board of Trade, with all three markets steadying after hitting multi-week peaks in the previous session following a bullish U.S. Department of Agriculture supply report. CBOT March wheat reached a fresh 2-1/2 week high […] Read more
(Lisa Guenther photo)
Crops, Markets, Reuters

USDA grains report catches speculators leaning wrong way

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Reading Time: 2 minutes Washington | Reuters — Grains market speculators who had built massive short positions in recent months were caught leaning the wrong way after the U.S. government cut its corn and soy harvest views, as well as its wheat planting estimate, in reports released on Tuesday. Although the overall fundamental picture remains bleak, the bearish bets […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Wheat surges as USDA cuts acreage view

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Reading Time: 2 minutes Chicago | Reuters — U.S. grain prices rallied on Tuesday after the U.S. Department of Agriculture slashed its estimate of winter wheat seedings by more than anticipated and unexpectedly cut its corn and soybean production view. Wheat futures surged nearly three per cent to a three-week high on fund short covering while corn and soybeans […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

USDA’s corn, stocks view misses forecasts; prices surge

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Reading Time: 2 minutes Washington | Reuters — U.S. corn and soybean supplies ballooned to record levels during the last three months of 2015 following bountiful harvests of both commodities and cutbacks in usage, according to government data released on Tuesday. But grain stocks lagged market forecasts, and corn and soybean production was smaller than previously estimated, the U.S. […] Read more
(Michael Thompson photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Wheat falls from three-week high

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures dropped two per cent on Monday on technical selling and profit-taking after touching three-week highs last week, while traders eyed an eagerly awaited series of government reports on crops due on Tuesday. Corn and soybeans also fell, with declines in broader commodities markets amid fresh investor concerns about […] Read more
(Michael Thompson photo courtesy ARS/USDA)
Crops, Markets, Spring Wheat, Winter Wheat

U.S. wheat up with short-covering, but more downside possible

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Reading Time: 2 minutes CNS Canada — U.S. wheat futures hit contract lows over the past week, before seeing a short-covering correction in recent days. However, with ample world supplies and poor export demand, the path of least resistance likely remains lower, according to market participants. The fundamentals are pretty bearish for wheat, but the market structure is looking […] Read more
(Dave Bedard photo)
Crops, Reuters

U.S. cracks down on intake of added sugar, saturated fat

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Reading Time: 3 minutes Chicago | Reuters — New U.S. dietary guidelines on Thursday urged Americans to cut their added sugar and saturated fat intake to less than 10 per cent of daily calories, but consumer advocates criticized the recommendations for not providing clear guidance on the need to reduce consumption of meat. The government guidelines, which are issued […] Read more

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