(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat nears one-month high on global weather worries

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures neared a one-month high on Wednesday on short-covering and poor weather in Australia and the Black Sea region that worried traders who have recently been focused on large global supplies. Corn and soybean futures ended little changed. Propelling wheat prices higher was dry weather that is threatening the […] Read more

(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soy futures fall as harvest pace picks up

Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and soybean futures fell on Tuesday, under pressure from the expanding harvest around the U.S. Midwest as well as some profit-taking after rallying on Monday, traders said. Wheat futures also fell, but losses were kept in check as bargain buyers stepped into the market when prices hit their session […] Read more


(Country Guide file photo)

Prairie wheat bids dip slightly

Reading Time: 3 minutes CNS Canada — Cash wheat bids across Western Canada generally dropped lower during the week ended Friday. Average Canada Western Red Spring (CWRS) wheat prices were up by C$1-$3 per tonne across the three Prairie provinces, according to price quotes from a cross-section of delivery points. Bids ranged from about $221 per tonne in southern […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat, corn rise on short-covering bump

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Monday, with the benchmark Chicago Board of Trade soft red winter wheat contract gaining 1.8 per cent, on a round of short-covering by investment funds as well as technical buying, traders said. “If you are looking for a fundamental reason for today’s price rally, look elsewhere, […] Read more





(Photo courtesy Canada Beef Inc.)

U.S. grains: Corn, wheat fall for second day on harvest, ample supply

Reading Time: 2 minutes Chicago | Reuters — U.S. grains were lower on Wednesday, with both corn and wheat easing about one per cent for their second straight session of declines on pressure from the advancing corn harvest and plentiful global grain supplies. Soybeans reversed from earlier gains to turn narrowly lower, in light trading volumes in each commodity […] Read more

(Country Guide file photo)

Wheat basis levels improve, futures stay bearish

Reading Time: 2 minutes CNS Canada –– Canada’s spring wheat basis has hit fresh highs to spur producer selling, but overall the market remains bearish. “It does seem kind of counterintuitive to see cash prices strengthening right during harvest,” said Brenda Tjaden Lepp, co-founder of FarmLink Marketing Solutions in Winnipeg. Over the past week, quoted basis levels for Canada […] Read more


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans hit three-week high as crop condition declines

Reading Time: 2 minutes Chicago | Reuters –– U.S. soybeans rose to a three-week high on Tuesday, underpinned by a U.S. Department of Agriculture report showing a slight deterioration in crop ratings that could result in lower yields. Wheat and corn declined at the Chicago Board of Trade (CBOT) in relatively thin volumes in all three commodities, with many […] Read more

(Country Guide file photo)

Prairie wheat bids climb higher

Reading Time: 3 minutes CNS Canada — Cash wheat bids across Western Canada posted solid gains during the week ended Friday, as U.S. futures recovered from their five-year lows and Canadian basis levels showed some improvement. Average Canada Western Red Spring (CWRS) wheat prices were up by C$9 to $13 per tonne across the three Prairie provinces, according to […] Read more