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

U.S. grains: Prices steady on short-covering, gain for week

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Reading Time: 2 minutes Chicago | Reuters –– U.S. grain and soybeans were roughly flat on Friday, stabilizing amid a lack of fresh fundamental news following steep gains earlier this week tied mostly to investor short-covering, traders and analysts said. Corn and soybean futures each were unchanged to slightly lower at the Chicago Board of Trade after prices failed […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Wheat down on ample supplies

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures fell more than one per cent on Thursday, easing from a two-session rally as traders returned their focus to record-large global inventories and poor export demand for U.S. supplies, traders said. Corn and soybean futures also declined. At the CBOT, March wheat settled down 6-1/4 […] Read more
(HuskyEnergy.com)
Crops, Markets, Reuters

U.S. grains: Prices jump on short-covering, oil rise

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade corn futures gained for the second straight day on Wednesday, as the grain market enjoyed a price bump from investors continuing to cover short positions and as crude oil prices rose. Front-month CBOT March corn cracked through several moving averages during the day — including the 50-day […] Read more
(Portosdobrasil.gov.br via Flickr)
Crops, Markets, Reuters

U.S. grains: Prices rise on short-covering, slow loadings in Brazil

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Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures climbed to a 1-1/2-week high on Tuesday while wheat and corn each gained about one per cent, boosted by investor short-covering and a backlog of export loadings at Brazilian ports. Prices rose as trade resumed following a three-day weekend due to Monday’s U.S. Presidents Day holiday. They were […] Read more
(Country Guide file photo)
Cereals, Crops, Markets

Prairie wheat bids drift down with U.S. futures

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Reading Time: 2 minutes CNS Canada — Cash spring wheat bids across Western Canada edged lower in most locations during the week ended Friday, as losses in the U.S. futures weighed on values. However, basis levels saw some slight improvement in many locations, as Canadian wheat has continued to see more stable export demand compared to U.S.-origin supplies. Average […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Exports spark gains in soybeans

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Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures rose 1.3 per cent on Thursday as the U.S. Agriculture Department’s report of stronger-than-expected exports spurred a round of short-covering, traders said. Corn futures were steady to weak, with the front-month contract settling unchanged while deferred contracts posted modest declines. Corn had fallen for six days in a […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Wheat rises on bargain buying

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures firmed Wednesday, edging higher on a round of bargain buying and short-covering a day after prices hit their lowest in nearly six years, traders said. Corn and soybean futures were close to unchanged for most of the day but closed in negative territory. A bearish […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Wheat drops to lowest since 2010 on record supply estimate

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Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures dropped to their lowest level since 2010 after the U.S. government on Thursday said year-end global supplies would be the biggest in history. Prices crumbled as the U.S. Department of Agriculture’s forecasts for record-large world wheat production and ending stocks fuelled fears about excessive inventories. Concerns about large […] Read more
(Country Guide file photo)
Crops, Markets, Spring Wheat

Prairie spring wheat bids slide lower

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Reading Time: 2 minutes CNS Canada –– Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as the firmer Canadian dollar and losses in U.S. wheat futures weighed on values. Average Canada Western Red Spring (CWRS) wheat prices were down by $4-$6 per tonne over the week, according to price quotes from a cross-section […] Read more

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