Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures surged more than four per cent on Friday while wheat and soybeans also firmed, buoyed by expectations for a partial U.S.-China trade deal and worries about wintry weather threatening crops in the Midwest, analysts said. Chicago Board of Trade December corn settled up 17-1/2 cents at $3.97-3/4 a […] Read more
U.S. grains: Corn jumps four per cent
U.S. grains: Corn falls after higher yield estimate surprises traders
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures dropped to their lowest prices in more than a week on Thursday after the U.S. Agriculture Department surprised traders by raising its domestic yield estimate in a monthly crop report. The losses dragged down soybean futures, which earlier approached a three-month high on lower-than-expected U.S. yield and ending […] Read more
Feed weekly outlook: Prairie grain market finding a bottom
Reading Time: 2 minutes MarketsFarm — The western Canadian feed grain market is showing signs of finding a bottom, as buyers wait to get a better handle on the quality of grain still unharvested across the Prairies. Feed barley is currently trading at around $200 per tonne in southern Alberta, while feed wheat bids are around $210, according to […] Read more
U.S. grains: Wheat, corn, soy rally after finding technical support
Reading Time: 2 minutes Chicago | Reuters — U.S. corn, soybean and wheat futures rose on Tuesday, rebounding from weakness in the overnight session after finding technical support, traders said. Wheat notched the biggest gain, with the benchmark Chicago Board of Trade soft red winter wheat contract rising 2.3 per cent. The contract rebounded from early weakness after finding […] Read more
Japan trade deal aims to put U.S. farmers on par with TPP
Reading Time: 2 minutes Washington | Reuters — The new U.S.-Japan trade deal will provide staged reduction of Japanese tariffs for more than US$2 billion worth of U.S. beef and pork, matching access now granted to the 11 Trans-Pacific Partnership trade pact countries, a text of the agreement shows. U.S. President Donald Trump presided over a White House signing […] Read more
Iraq replaces state grain agency’s chief
Reading Time: < 1 minute Baghdad/Dubai | Reuters — Iraq, a major Middle East wheat and rice importer, has replaced the head of its state grain buying agency, government sources and a document showed on Tuesday. Naeem al-Maksousi was replaced by Hassanein Mahdi Elwan, a document reviewed by Reuters showed. The reason for the replacement, which comes after a week […] Read more
U.S. grains: Corn firm ahead of USDA report, frosty weather
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures inched higher on Monday on position-squaring ahead of a key monthly U.S. government crop report later this week and worries about forecasts for a freeze looming for the northwestern Corn Belt, traders said. Soybeans and wheat closed lower after a choppy session. Chicago Board of Trade December corn […] Read more
Take a new look at the Western Grain Research Foundation
The organization is ready to embark on the next 40 years of funding vital crop and agronomic research to benefit western Canadian growers
Reading Time: 5 minutes When you do a job well for a long time, it can sometimes go unnoticed — people simply get used it. That’s why every once in a while it’s good to take a step back and see things with fresh eyes. Agricultural research, for instance — just gets done. New varieties come out regularly, new […] Read more
Prairie cash wheat: CWRS down, durum up
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mixed for the week ended Thursday. Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats saw losses, while Canada Western Amber Durum (CWAD) saw gains. The Canadian dollar was higher for most of the past week, topping off at 75.55 U.S. cents on Tuesday, […] Read more
U.S. grains: Soybean futures slip on technical sales
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures weakened on Thursday, retreating from early gains on technical selling after failing to take out the 10-week high hit on Tuesday, traders said. Wheat futures ended little changed, supported by a surprise export deal with China. But traders said more bullish inputs were needed to push prices back […] Read more
A message from April Stewart, Country Guide's Associate Editor
