Reading Time: < 1 minute Chicago | Reuters — U.S. soybean, corn and wheat futures rose on Wednesday, with bargain buyers snapping up commodities that posted sharp declines during February. The higher closes in soybeans and corn snapped a stretch of five straight losing sessions. Traders said that the recent sell-off may have sparked some buying interest from importers that […] Read more
U.S. grains: Soy, corn, wheat futures bounce after declines
U.S. grains: Corn hits lowest since August
Chicago soybeans, wheat also drop
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures fell to their lowest level in more than six months on Tuesday and soybean and wheat futures also dropped on a round of end-of-month liquidation by investment funds, traders said. Soybeans notched the biggest declines, with the most-active contract falling 2.2 per cent, its biggest daily decline since […] Read more
U.S. grains: Wheat hits lowest since September 2021
Chicago corn, soy also fall
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures dropped 1.6 per cent to their lowest level since September 2021 on Monday as rain across key growing areas during the weekend boosted harvest prospects for the U.S. crop, traders said. Optimism that the deal allowing grain shipments from Black Sea ports in war-torn Ukraine […] Read more
U.S. grains: Corn, wheat hit multi-week lows on export concerns
Hopes for Black Sea export deal pressure CBOT grains
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures set a six-week low on Friday while wheat hit its lowest level in more than four weeks on concern over competition for global export business, analysts said. Technical selling helped fuel the sell-off, along with prospects for robust 2023 corn production in the U.S. and […] Read more
CBOT weekly outlook: Wide array of factors affecting grain prices
Corn, soy see speculative profit-taking
Reading Time: 2 minutes MarketsFarm — Recent rains in parts of South America, as well as a correction in the markets, have paused rallies in corn and soybeans on the Chicago Board of Trade (CBOT), according to one trader. Jack Scoville, vice-president of The Price Futures Group in Chicago, said that while central and southern Argentina are still mired […] Read more
Lake Erie grain terminal sold to main tenant
Ceres sells export facility to London Ag Commodities
Reading Time: 3 minutes The former Robin Hood flour mill turned grain export terminal on the Ontario side of Lake Erie is under new ownership by its main user. Minneapolis-based Ceres Global Ag announced Wednesday it has sold the well-known terminal at Port Colborne, Ont., about 30 km west of Buffalo, N.Y., to London Agricultural Commodities (LAC) for US$4 […] Read more
U.S. grains: Soy, corn hit one-week highs on Argentina weather worries
Firmer U.S. dollar drags on CBOT wheat
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures hit their highest in a week and soyoil touched a one-month peak on Tuesday as worries about crop prospects in drought-hit Argentina supported prices, analysts said. “It’s all about drought in Argentina… and adding more risk premium,” said Don Roose, president of Iowa-based U.S. Commodities. “The […] Read more
IGC makes changes in corn, soybean supply outlook
Council makes only minor tweaks in wheat
Reading Time: < 1 minute MarketsFarm — There are some notable changes to the monthly report from the International Grains Council (IGC), primarily in corn and soybeans. The London-based IGC on Thursday issued new supply and demand estimates, pointing to reduced agricultural production such as in Argentina as the main reason for the changes. That’s despite increased output in Brazil […] Read more
Maritime YEN takes crop yields to a new level
It’s not just about how much you produce, but how much you could produce on your farm
Reading Time: 5 minutes Kyle Jewell wasn’t sure what he was getting into when he agreed to join the Maritime Yield Enhancement Network (YEN) project in 2019. Now he can hardly imagine doing without its depth of information and the co-operative spirit he’s seen in the past three growing seasons. The YEN concept has become popular, with a Canada/U.S. […] Read more
U.S. grains: Wheat, corn, soy down on stronger U.S. dollar, interest rate fears
Uncertainty over Black Sea deal underpins corn, wheat
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell more than two per cent on Wednesday and corn and soybeans followed the trend lower, pressured by a stronger U.S. dollar and fears of more interest rate hikes by the Federal Reserve, analysts said. Fundamental news for grains and oilseeds was thin, leaving markets stuck within recent […] Read more
A message from April Stewart, Country Guide's Associate Editor
