Reading Time: < 1 minute MarketsFarm — Tight barley supplies in Western Canada continue to keep the feed market underpinned, with gains in the U.S. corn market also providing support to grain markets in general. “We’re starting to see a bit of an early weather market in the U.S.,” Allen Pirness of Market Place Commodities in Lethbridge said. Rising corn […] Read more
Feed weekly outlook: Prairie grains firm, watching new-crop weather
U.S. corn values supportive
U.S. grains: Soy, corn rise as funds step in after two losing sessions
Wheat up on 'water deficit' concerns
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rose on Tuesday, bouncing back from two days of declines on bargain buying by investment funds and concerns about tight supplies of both commodities, traders said. Wheat futures also firmed, with concerns about dry soils limiting U.S. and European production underpinning prices. Corn and soybean futures […] Read more
CBOT weekly outlook: Focus to shift after USDA’s largely stand-pat WASDE report
Reading Time: 2 minutes MarketsFarm — There was little change in U.S. markets shortly after the release of the latest supply and demand estimates from the U.S. Department of Agriculture (USDA). But that scenario could change for wheat markets, said Steve Georgy, president of Allendale Inc. at McHenry, Ill. “We’ve got to pay attention to how the wheat markets […] Read more
U.S. grains: Corn climbs on exports, ethanol
Dry weather expected to slow U.S. spring wheat seeding; soy steady ahead of WASDE
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures climbed on Thursday on export optimism and positioning ahead of the U.S. Agriculture Department’s monthly supply and demand report, out on Friday, traders said. Wheat gained as frigid temperatures across Europe and the Black Sea region threatened crops. Soybeans were also firmer. The most-active corn contract on the […] Read more
U.S. grains: Soybean futures advance on supply concerns
Traders watch U.S. planting progress, crop weather
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures jumped on Monday on concerns about U.S. supplies dwindling due to strong export demand and smaller-than-expected plantings. The U.S. Department of Agriculture shocked traders last week by reporting that U.S. farmers plan to sow 87.6 million acres with soybeans this spring and 91.1 million acres […] Read more
U.S. grains: CBOT May corn retreats after 7-1/2-year high
Deferred corn contracts climb; May soy, wheat also down
Reading Time: 2 minutes Chicago | Reuters — U.S. nearby corn futures declined on Thursday on profit-taking after the benchmark contract climbed to its highest since 2013, bolstered by a U.S. Department of Agriculture (USDA) report that projected smaller-than-expected plantings and rekindled worries over global grain supplies. Nearby soybean futures also fell on profit-taking, after a limit-up rally a […] Read more
Feed weekly outlook: Prices dropping off over past month
Reading Time: < 1 minute MarketsFarm — While prices for Canadian feed grains are quite higher than they were a year ago, high-delivered bids for feed grains have seen a slight drop-off over the past month. “Demand has just fallen off a little bit,” Glen Loyns, general manager of JGL Commodities at Moose Jaw, said. “Farmers are either getting down […] Read more
U.S. grains: Soy, corn limit-up on planting intentions
USDA acreage data provides lift; wheat also higher
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean and corn futures surged by their daily trading limits on Wednesday after the U.S. Agriculture Department released smaller-than-expected U.S. planting intentions. Wheat followed higher, despite USDA’s higher-than-expected quarterly grain stocks. The most-active soybean futures contract on the Chicago Board of Trade (CBOT) added 70 cents to $14.36-3/4 per bushel, […] Read more
U.S. grains: Soy, corn, wheat futures slide ahead of USDA data
Planting intentions, stocks reports due Wednesday
Reading Time: 2 minutes Chicago | Reuters — U.S. soy and corn futures fell on Tuesday as traders liquidated positions and booked profits a day ahead of a pair of key crop reports from the U.S. Department of Agriculture, analysts said. Wheat also declined, with a firmer dollar hanging over the market along with spillover from broad weakness in […] Read more
U.S. grains: Corn falls one per cent, soy drifts lower
May wheat ends up off nine-week low
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell about one per cent on Monday on position squaring ahead of crop reports due this week from the U.S. Department of Agriculture (USDA) along with forecasts for generally favourable planting weather in the Midwest, analysts said. Soybean futures also declined while wheat closed higher, rallying on bargain […] Read more
A message from April Stewart, Country Guide's Associate Editor
