Photo: Thinkstock

U.S. grains: Wheat rallies on fresh round of purchases by China

Soybeans ended narrowly mixed as traders monitored Brazil weather; corn rose for fifth straight session

Wheat rose after U.S. Department of Agriculture (USDA) confirmed private sales of 198,000 metric tons of U.S. soft red winter wheat to China, the second such sale in as many days. Monday's announcement that China had purchased 440,000 tons of the grain, the largest one-off U.S. wheat export sale to China since at least 2020, added impetus to a recent rally.



If it is cost-competitive, wheat can be a good option in feedlot diets.

Examining feed wheat in feedlot diets

Research on the Record with Reynold Bergen

Over the past 20 years, Canada’s barley acreage has shrunk by nearly 155,000 acres annually, while both wheat (up 440,000 acres annually) and corn (up 300,000 acres annually) have grown. A smaller barley supply has prompted Western Canadian cattle feeders to look at alternate grain sources. Cattle feeders in Central Canada and the U.S. have […] Read more

Winter feeding management for cattle

Winter feeding management for cattle

Nutrition with Barry Yaremcio

Cattle are fed over winter using a variety of methods. The level of complexity and mechanization depends on the operation and management. The overall objective is to keep cows in good condition, healthy and productive. For any system to work, accurate animal and bale weights, along with a feed inventory of all feeds are needed. […] Read more



(Dave Bedard photo)

Higher canola, wheat production expected in StatCan report

Traders raise concerns about report accuracy

MarketsFarm — There was a consensus among several traders and analysts that Statistics Canada will very likely raise its estimates on canola and wheat production for 2023-24. Yields on the Prairies were better than expected following a difficult first half of the growing period, as the weather improved during the second half. StatCan is set […] Read more


(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Corn imports, larger crop prospects pressure barley

StatCan expected to raise barley crop estimate

MarketsFarm — The feed barley market in Western Canada remains relatively flat as steady corn imports from the U.S. keep domestic feeders well supplied. Ideas that Canadian production ended up above earlier expectations were also keeping a lid on the domestic market. Delivered barley into the Lethbridge, Alta. area is currently priced in the $300-$320 […] Read more

CBOT March 2024 soft red winter wheat with 20-day moving average, MGEX March 2024 hard red spring wheat (yellow high/low/close) and K.C. March 2024 hard red winter wheat (orange H/L/C). (Barchart)

U.S. grains: Chicago wheat, corn rally as export sales top forecasts

Soybeans lower in narrow trading

Chicago | Reuters — Chicago wheat and corn futures climbed more than one per cent on Thursday as traders covered more short positions following a slump to multi-year lows and as weekly export sales topped forecasts and included sizeable purchases by major importer China. Soybeans were lower in range-bound trading after the U.S. Department of […] Read more