Reading Time: 2 minutes A variety of factors caused the Chicago soy complex to fall at the Chicago Board of Trade during the week ended Dec. 18, 2024.
Tag Archives Wheat
CBOT Weekly: Chicago soy complex tumbles, grains weaken
Prairie spring wheat bids rise as loonie falls
Reading Time: 2 minutes Hard red spring wheat bids in Western Canada moved higher during the week ended Dec. 12, as gains in the United States futures and weakness in the Canadian dollar provided support.
CBOT Weekly: WASDE report brings surprise cut to corn
Reading Time: 2 minutes A larger-than-expected cut to corn carryout in the USDA's monthly WASDE report on Dec. 10 affected prices at the Chicago Board of Trade.
USDA cuts corn ending stocks estimate, soybeans unchanged
Reading Time: 2 minutes Corn ending stocks in the United States will be tighter than earlier projections due to increased exports and demand from ethanol producers, according to updated supply/demand estimates from the U.S. Department of Agriculture released Dec. 10. The projected wheat carryout was also revised lower, while soybean stocks were unchanged.
Bearish speculative bets rise in canola futures
Reading Time: < 1 minute Speculative fund traders were busy putting on fresh bearish bets in early December, taking the net managed money short position back above 100,000 contracts for the first time in two months, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Feed Grain Weekly: Barley, corn the same price
Reading Time: < 1 minute Domestic feed barley and United States corn imports are pretty much the same price in Western Canada, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
Barley, Canola, Cereals, Corn, Lentils, Markets, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat
More wheat, less canola in 2024/25 says Statistics Canada
Reading Time: 2 minutes While Statistics Canada reported more wheat was grown in 2024/25, canola production fell back as the agency issued its principal field crops report on Dec. 5.
CBOT Weekly: Trade focuses on tariffs, USDA report next
Reading Time: 2 minutes Proposed tariffs imposed on Canadian and Mexican imports into the U.S. gave the Chicago Board of Trade a lot to think about during the week ended Dec. 4, 2024.
U.S. grains: Soybeans recoup losses, but Brazil crop outlook caps gains
Reading Time: 2 minutes U.S. soybean futures rebounded on Tuesday in a short-covering and bargain-buying bounce from the prior day's losses, although gains were limited by favorable crop prospects in South America, where Brazil is due to harvest a record crop early next year.
Australia’s canola improves but still lower than 2023/24
Bumps up wheat estimate, trims barley outlook
Reading Time: 2 minutes Of Australia's three largest winter crops for 2024/25, canola production was projected to be down from the previous year. Meanwhile, estimates for wheat and barley output were forecast to be higher than a year ago.