Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures surged more than six per cent on Thursday in a technical-buying and short-covering bounce from one-month lows and as strong demand for feed grains supported prices. Soybeans followed corn higher, rising for the first time in eight sessions after hitting the lowest point in a month in the […] Read more
U.S. grains: Corn limit-up on export demand, short-covering
Soybeans follow corn higher, wheat also up
U.S. grains: Corn up off one-month low
Wheat and soy drift lower
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures recovered slightly on Wednesday from a steep selloff a day earlier as bargain buying and technical buying lifted prices from one-month lows, although gains were limited by favourable crop weather across the U.S. Midwest. Soybeans were mostly lower, extending prior-session losses on good crop weather, while wheat fell […] Read more
U.S. grains: Corn sinks to one-month low on weather, technical selling
Soybeans, wheat follow corn lower
Reading Time: < 1 minute Chicago | Reuters — U.S. corn futures tumbled to a one-month low on Tuesday as timely spring planting and beneficial rains across most of the Midwest boosted crop prospects. Losses accelerated as corn prices fell below recent lows and breached other technical chart support levels. Soybeans and wheat also dropped on stronger harvest prospects as […] Read more
Strong wheat yields possible in ultra-early seeding system
Study finds producers in some parts of the province may be able to seed their wheat as early as mid-February
Reading Time: 6 minutes Glacier FarmMedia – Graham Collier’s grandfather used to time his seeding by the frogs. Once the frogs started singing in the spring, he knew the ground was thawed and it was time to get out into the field. Now, Collier is working on a less esoteric but still uncommon way to time wheat seeding — […] Read more
Dry weather may cut into Canadian crop prospects, AAFC says
Reading Time: 2 minutes MarketsFarm — Dry weather conditions across Western Canada could cut into production prospects in the region, according to updated supply/demand tables released Thursday by Agriculture and Agri-Food Canada. “Extremely dry conditions prevail in large parts of Western Canada, allowing for rapid seeding progress which is trending ahead of normal; however, timely precipitation this spring and […] Read more
Net long position in canola edging down
Net long increases in Chicago, K.C. wheat
Reading Time: < 1 minute MarketsFarm — The managed money net long position in canola has edged down over the past few months, hitting its lowest level since August 2020 in the latest Commitment of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Tuesday, managed money fund traders were holding a net long position in ICE […] Read more
U.S. grains: Wheat hits one-month low, soybeans three-week low
Chicago corn down on profit-taking
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Friday, touching a one-month low on improving prospects for the crop in the U.S. Plains, traders said. Corn futures fell on a round of profit-taking after rising in three of the previous four sessions. Soybeans also closed lower, with concerns about demand outweighing a bargain-buying attempt […] Read more
U.S. grains: Wheat, soybeans plunge on fund selling
Chicago July corn flat
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and wheat futures fell more than two per cent on Wednesday, with traders noting selling by investment funds as commodity contracts tumbled through key technical support points. The most-active corn futures ended unchanged, steadying after trading in negative territory for much of the session. Deferred contracts were slightly lower. […] Read more
Last year’s flour output up in most categories
Reading Time: 2 minutes MarketsFarm — Statistics Canada reported on Monday that Canadian wheat millers processed 3.267 million tonnes of all wheat in 2020 — a slight increase of about 2.1 per cent over 2019, keeping flour processing on the rise over the last four years. There were also year-to-year increases in the other categories tracked by the federal […] Read more
U.S. grains: Corn limit-down on profit-taking, bearish USDA data
Chicago soybeans, wheat follow
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell more than five per cent on Thursday on profit-taking after recent multi-year highs and follow-through selling, a day after the U.S. Department of Agriculture forecast larger-than-expected domestic stocks, analysts said. Soybean and wheat futures fell sharply, also retreating from multi-year highs. “Today is all about a long […] Read more
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