Reading Time: 2 minutes Chicago | Reuters — Unfavourable dryness in crop-growing areas of South America on Tuesday pushed Chicago Board of Trade corn futures to their highest price since July and soybeans to an August high, analysts said. Wheat futures also rallied. South American weather was in the spotlight amid concerns about dry weather in southern Brazil, the […] Read more
U.S. grains: Corn, soybeans hit summertime-level highs
Dryness in Brazil and Argentina in view for soy and corn; investors show renewed appetite for risk, traders say
U.S. grains: Winter wheat futures rise on demand, crop woes
CBOT soybeans up, corn down
Reading Time: 2 minutes Chicago | Reuters –– U.S. winter wheat futures rose on Monday on global demand and concerns about poor crop weather in America’s Plains region, while concerns about unfavourable dryness in parts of South America helped lift U.S. soy futures, analysts said. Traders focused on weather conditions after crop observers in Kansas said hurricane-force winds that […] Read more
More competition for Canada from Down Under
Australia has learned how to grow its grain exports. Is Canada paying attention?
Reading Time: 5 minutes I remember one Christmas Eve walking in minus 38, and then a week later saw the mercury hit plus 46 on New Year’s Day. Such are the outcomes of a 14-hour plane journey between Canada and Australia. But despite the different weather, I will tell anyone who will listen that Australia and Canada have much […] Read more
U.S. grains: Soy, corn set multi-month highs
South American crop uncertainty, chart-based buying are factors
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures closed higher on Friday, hitting a 2-1/2 month top on worries about South American crop weather coupled with chart-based buying, traders said. Corn futures set a four-month high near $6 a bushel and wheat followed the firm trend (all figures US$). Chicago Board of Trade January soybeans settled […] Read more
Feed weekly outlook: Bids high, but limited supplies mean little moving
Reading Time: < 1 minute MarketsFarm — Feed grain prices in Western Canada remain at very high levels heading into the New Year, but little is actually trading as feedlots fill up with cheaper corn from the U.S. “The volume trading of Canadian feed grains has dropped significantly,” said Jim Beusekom, of Market Place Commodities at Lethbridge, noting about 80 […] Read more
U.S. grains: Soybeans hit three-week top as soyoil climbs
Wheat, corn futures end higher
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures touched a three-week top on Thursday as soyoil futures rose two per cent and hit their highest in a week on signs of tightening U.S. vegetable oil supplies and fresh export demand, traders said. Wheat futures rose by nearly two per cent, bouncing back from a four per […] Read more
U.S. grains: CBOT wheat nears two-month low
Corn declines; soy ends firm
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell nearly four per cent on Wednesday and European wheat fell three per cent as a bumper Australian harvest and signs of continued competition from Black Sea supplies added to technical pressure, traders and analysts said. Corn followed wheat lower while soybean futures ended modestly higher after monthly […] Read more
Growing wheat in Eastern Canada
Public wheat breeding is gaining steam in the East with aggressive new variety goals
Reading Time: 6 minutes It’s been an incredible 20 months for researchers working with wheat in Canada and around the world. In that time, the industry has seen the release of its first transgenic variety (a drought-tolerant wheat in Argentina), and it has also wrapped up more than 13 years of mapping the wheat genome. The latter is a […] Read more
U.S. grains: Soy, corn down on technical selling, Argentine rains
CBOT wheat up off Friday's drop
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell nearly two per cent on Monday and corn futures also declined on a mix of technical selling after last week’s advances and improving prospects for South American production, analysts said. Wheat futures rose on bargain-buying after dipping to a six-week low on Friday. Chicago Board of Trade […] Read more
U.S. grains: Wheat bounces from lowest in a month
Corn weak, soybeans firm
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rebounded from a one-month low on Friday, gaining 1.1 per cent on a round of bargain-buying and renewed interest on the export market, traders said. Soybeans also were firm but corn was weaker on a technical setback. News that Chinese buyers had booked a large amount of feed […] Read more
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