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(Country Guide file photo)
Crops, Markets, Spring Wheat, Winter Wheat

Western Canadian wheat bids stay rangebound

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Reading Time: 2 minutes CNS Canada — Cash wheat bids across Western Canada stayed mainly rangebound during the week ended Monday. Average Canada Western Red Spring (CWRS) wheat prices were up by C$1 per tonne across the three Prairie provinces, according to price quotes from a cross-section of delivery points. Bids ranged from $228 per tonne in Manitoba to […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Prices rise on technicals, positioning before reports

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Reading Time: 2 minutes Chicago | Reuters –– U.S. grain and soybean futures strengthened on Monday as technical buying and positioning ahead of U.S. crop reports overshadowed concerns about poor export demand. Soybean oil neared a two-month high. Traders were adjusting positions in the markets before the U.S. Department of Agriculture (USDA) issues reports on crop production, supplies and […] Read more
(Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Wheat falls on profit-taking

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures sank on Friday on a round of end-of-week profit taking after prices hit an 8-1/2 week high on Thursday, traders said. Soybeans also fell, pressured by the expanding harvest of what is expected to be a bumper crop in the U.S., while corn was close to unchanged. Wheat […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Wheat extends rally, soybeans slip

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Reading Time: 2 minutes Reuters — Chicago wheat rose more than one per cent on Thursday, extending a rally triggered by Wednesday’s U.S. Department of Agriculture data that put the 2015 U.S. crop below market estimates. Corn futures rose slightly on technical buying and spillover support from wheat. Soybeans slumped on pressure from an advancing Midwest harvest and technical […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Wheat futures jump as USDA cuts production outlook

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rebounded on Wednesday, after a government report showed that wheat production was less than traders had expected. Meanwhile, corn futures lost ground, after the U.S. Department of Agriculture’s quarterly grain stocks report showed that both corn and soybean supplies were plentiful and U.S. farmers are harvesting what is […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Corn, soy gain as shorts hunt for cover

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean and corn futures rebounded on Tuesday as traders covered short positions on concerns that the U.S. Agriculture Department would reduce its estimate for last year’s soybean crop. Wheat prices eased back, despite being bolstered earlier in the day by steadying equity and oil prices, and cooling concerns about the […] Read more
(Country Guide file photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie wheat bids rise with U.S. futures

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Reading Time: 3 minutes CNS Canada –– Cash wheat bids across Western Canada posted solid gains during the week ended Friday, as advances in U.S. futures and improving basis levels provided support. Average Canada Western Red Spring (CWRS) wheat prices were up by C$6-$7 per tonne across the three Prairie provinces, according to price quotes from a cross-section of […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy, corn, wheat rally to close week

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade soybeans rallied 2.4 per cent to their highest in more than a week on Friday, supported by signs of a pick-up in export demand for U.S. supplies, traders said. U.S. wheat futures rose 2.2 per cent to their highest since Aug. 14. Wheat pulled corn higher on […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: CBOT wheat slides from one-month high

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell two per cent from a one-month top on Thursday on a round of profit taking, with plentiful global supplies allaying concerns about adverse crop weather in Australia and the Black Sea region, traders said. Corn futures edged lower, pressured by the expanding harvest of what is expected […] Read more

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