Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures slid on Monday on reports of healthy crop development across much of the U.S. Midwest, as concerns about a potential bumper crop cooled market enthusiasm over recent strong Chinese demand. Private exporters reported the sale of 390,000 tonnes of soybeans to China for delivery in the 2020-21 marketing […] Read more
U.S. grains: Soybeans fall on crop development
Wheat lifts on short-covering
U.S. grains: Soybeans gain on hope of continued China purchasing
USDA hiked world wheat stocks to record high; corn gains after ethanol demand cut less than expected
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures rallied late on Friday as hopes of continued U.S. exports to top-importer China supported prices. Wheat futures rebounded after touching a three-week low at the Chicago Board of Trade earlier in the session, as the U.S. government’s forecast for a record world wheat stock added supply pressure. Corn […] Read more
Feed weekly outlook: Barley prices close to ceiling
Reading Time: < 1 minute MarketsFarm — Feed barley prices, which climbed during May, have very likely risen as far as they can go, said Nelson Neumann, senior trader with Agfinity at Stony Plain, Alta. “We’re at the point where corn can be a cheaper alternative. There’s a ceiling on the market and we’re pretty much at that ceiling,” Neumann […] Read more
CBOT weekly outlook: WASDE largely neutral for soy, corn
Reading Time: < 1 minute MarketsFarm — The world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) had a “benign effect” on the Chicago Board of Trade (CBOT), according to one trader. That’s mainly because U.S. production estimates for corn, wheat, and soybeans were largely unchanged. The U.S. soybean production estimate for 2020-21 was unchanged […] Read more
U.S. grains: Soybeans gain on China demand
Improved U.S. rating lifts expectations for bumper corn crop; wheat up on pre-report positioning
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures gained on Wednesday, supported by solid demand from the world’s biggest importer, China, while corn edged lower on strong crop conditions. Wheat inched higher after falling for three consecutive sessions, but advances remained capped by a progressing winter wheat harvest in the U.S. southern Plains. Traders positioned ahead […] Read more
U.S. grains: Wheat falls as dollar bounces
Soy firms on export business
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Friday, pressured by a firmer dollar, which makes U.S. grains less competitive globally, and expectations of a busy harvest weekend in the breadbasket of the U.S. Plains, analysts said. Soybeans closed steady to higher and posted a weekly rise of about three per cent as export […] Read more
Prairie cash wheat: Prices dip due to stronger loonie
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were down by varying degrees for the week ended Thursday. Canada Western Red Spring (CWRS) wheat was steady to lower, Canada Prairie Spring Red (CPSR) was down, and Canada Western Amber Durum (CWAD) slipped a few cents. Increased strength in the Canadian dollar weighed on values, while support […] Read more
U.S. grains: Wheat soars as export outlook brightens
CBOT soybeans near two-month top
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures hit their highest levels in nearly two months on Thursday and wheat futures rose more than two per cent as a weaker dollar bolstered export prospects for U.S. grains and oilseeds, analysts said. Corn futures followed the firm trend. Chicago Board of Trade July soybeans settled up 10-1/4 […] Read more
U.S. grains: Soybeans rise on improving exports
Wheat recovers from two-day slide, corn ends narrowly mixed
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures climbed on Wednesday to a three-week high as fresh export demand from China, the world’s top importer, continued to support prices. Wheat prices bounced after a two-day slide, with a softer U.S. dollar lending support, while corn ended narrowly mixed. Chicago Board of Trade July soybeans settled up […] Read more
Hang on to your chequebook for cropping decisions
Highest returns come from soil testing to determine fertility rates plus choosing crop-protection products based on past pest problems and frequent scouting
Reading Time: 4 minutes After two years of a three-year trial, results indicate that the highest wheat yields and protein come from applying the highest level of inputs. But if you’re interested in the highest profits, you might want to hang on to your chequebook. The trial is led by Chris Holzapfel, research manager at the Indian Head Agricultural […] Read more
A message from April Stewart, Country Guide's Associate Editor
