Reading Time: < 1 minute The amounts of Canadian oilseeds crushed, as well as those for grains delivered, saw slight increases compared to the year before, according to Statistics Canada (StatCan). Domestic producers crushed 861,671 tonnes of oilseeds last June, more than the 821,292 crushed in June 2023. The June canola crush was reported to be 776,354 tonnes, with 334,909 […] Read more
Oilseed crush, grain deliveries up year-by-year
Crop tour forecasts record wheat yields in parts of North Dakota
Reading Time: 2 minutes Devils Lake, North Dakota | Reuters – U.S. spring wheat crops in northwest and north-central North Dakota are expected to produce the highest yields since at least 1994, the Wheat Quality Council said on an annual tour on Wednesday. Crop scouts estimated the average hard red spring wheat yield at 53.7 bushels per acre, up […] Read more
U.S. grains: Chicago grains firm as forecasts call for hot, dry weather
Reading Time: < 1 minute Chicago wheat and corn gained strength on Wednesday as the market monitored a hot, dry spell forecast in parts of North America, but gains were capped by sizeable global supplies.
CBOT Weekly: Weather, fund buying raises prices
Reading Time: 2 minutes Despite the majority of all three major United States crops being in good to excellent condition, hot weather and speculative fund buying have lifted prices at the Chicago Board of Trade (CBOT).
U.S. grains: Soybeans, corn touch two-week highs on short-covering, weather
Reading Time: 2 minutes The price rally in Chicago Board of Trade (CBOT) corn futures extended into a second day on Tuesday, with the most-active contract Cv1 reaching a two-week high, as traders began to focus on weather-related impacts on the U.S. crop and short-covering, market analysts said.
U.S. grains: Soybeans rebound as market unwinds some of its ‘Trump trade’
Reading Time: 2 minutes Chicago Board of Trade soybean futures jumped on Monday on a flurry of short covering, with prices rebounding from last week's 2020 lows as traders re-evaluated the U.S. political landscape after U.S. President Joe Biden abandoned his reelection bid on Sunday.
U.S. grains: Wheat rebounds on short covering, global weather worries
Reading Time: 2 minutes Chicago Board of Trade wheat futures climbed on Friday on short-covering and concerns over weather in wheat-growing areas of the U.S. Plains and globally.
U.S. grains: Soybeans bounce from near 4-year low; corn and wheat decline
Reading Time: 2 minutes Chicago Board of Trade (CBOT) soybean futures rose on Thursday on bargain buying and signs of renewed export demand after the most-active contract Sv1 fell to a nearly four-year low in early trading, analysts said.
U.S. grains: Wheat ends higher on bargain buying; corn firm, soy mixed
Reading Time: 2 minutes U.S. wheat futures rose 1.6 per cent on Wednesday on bargain buying one day after a drop in prices to four-month lows appeared to spur fresh export business, traders said.
U.S. grains: Oversold corn and soy bounce back after lows
Reading Time: 2 minutes Chicago soybean and corn futures firmed on Tuesday after hitting multi-year lows on bargain buying and forecasts for lower harvests in some parts of the world, according to analysts.