Reading Time: 2 minutes Spring wheat cash prices were mixed for the week ended Oct. 31, as pressure from declines in United States wheat futures were countered by support from a weaker Canadian dollar that encourages more export sales.
Prairie Wheat Weekly: Declines in U.S. wheat, loonie lead to mixed prices
Ukrainian grain exports to fall in 2024/25: USDA attaché
Reading Time: < 1 minute Ukrainian grain exports are expected to be down in the 2024/25 marketing year due to smaller crops, tighter carryout stocks and the ongoing challenges of shipping through the Black Sea, according to the United States Department of Agriculture’s Foreign Agricultural Service in Kyiv.
More wheat, less corn in Argentina for 2024/25 says United States Department of Agriculture attaché
Reading Time: < 1 minute As wheat production in Argentina is projected to increase in 2024/25, according to the United States Department of Agriculture attaché in Buenos Aires, the country’s corn output is to be smaller than in the previous year.
Fund short position in canola smallest in six months
Reading Time: < 1 minute The net fund short position in canola fell to its lowest level in six months during the week ended Oct. 22, as speculators covered bearish bets and put on new longs, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Alberta harvest wraps up
Reading Time: 2 minutes Harvest operations in Alberta are virtually complete for 2024, the province’s crop report said. Combining advanced three points to 99 per cent finished as of Oct. 22 as well as being three points above the five-year average.
Prairie wheat bids mixed as U.S. futures, loonie weaken
Reading Time: 2 minutes Hard red spring wheat bids in Western Canada were mixed during the week ended Oct. 24, although the general bias was lower in most locations.
Manitoba harvest nearly done, only corn/sunflowers left
Reading Time: 2 minutes Harvest operations across Manitoba are nearly complete, with only sunflowers and corn still left to come off the fields, according to the latest provincial crop report for the week ended Oct. 22.
CBOT Weekly: Corn, soybeans rising, wheat slipping
Reading Time: 2 minutes Corn and soybean prices rose at the Chicago Board of Trade during the week ended Oct. 23, 2024. However, wheat prices went lower during the same week.
AAFC lowers canola ending stocks estimate
Reading Time: 2 minutes Canadian canola ending stocks for the 2024-25 marketing year are forecast to be tighter than earlier expectations, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Oct. 21.
Fund short position in canola dips for fourth week
Reading Time: < 1 minute The net fund short position in canola declined for the fourth week in a row in mid-October, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
A message from April Stewart, Country Guide's Associate Editor
