Chicago Board of Trade wheat futures climbed to a 10-month peak on Wednesday as worries grew about deteriorating harvest prospects in top exporter Russia, before the market turned lower.
Oilseeds
U.S. grains: Wheat sets 10-month high on deteriorating Russian harvest prospects
SeedMaster to expand Sask. headquarters
SeedMaster announced today its intention to invest $10 million in expanding its Emerald Park, Sask., headquarters, just east of Regina.
Manitoba seeding progress nears halfway mark
Spring seeding in Manitoba neared the halfway mark during the week ended May 21, with 47 per cent of intended acres in the ground, according to the latest provincial crop report. That compares with 30 per cent the previous week and the five-year average of 52 per cent done.
U.S. grains: CBOT wheat hits July high on declining Russian crop estimates
Chicago Board of Trade wheat futures Wv1 reached their highest level since July on Tuesday as frost damage in top-exporter Russia and lower U.S. crop ratings supported prices, traders said.
AAFC raises canola carryout projections, wheat to tighten
Canadian canola exports in both 2023/24 and the upcoming new crop year are unlikely to live up to earlier expectations, causing ending stocks of the oilseed to rise, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released May 21.
Alberta Crop Report: Much-needed moisture replenishes province
The rains that fell onto south, central and northeastern Alberta during the week ended May 14 were a mixed blessing for growers according to the provincial government’s crop report released on May 17.
U.S. grains: CBOT wheat drops as Kansas tour projects above-average crop
Chicago Board of Trade wheat futures dropped on Friday after a crop tour through Kansas this week projected better-than-average yields in the top U.S. winter wheat state, analysts said.
U.S. grains: Soybeans end mixed on Brazil crop concerns, weak US demand
Chicago Board of Trade soybean futures ended mixed on Thursday as renewed worries about major flooding in southern Brazil offset data indicating lower demand for soy from U.S. processors, analysts said.
Saskatchewan Crop Report: Half of field pea, lentil acres seeded
In total, 32 per cent of intended acres were seeded so far this spring, according to the Saskatchewan government’s weekly crop report released on May 16. One week earlier, seeding across the province was only 12 per cent complete.
Rail strike won’t happen this month, CPKC says
CPKC, Teamsters to continue meeting as Canadian Industrial Relations Board deliberates
A potential rail strike will not happen this month as rail companies and workers await a decision from the Canada Industrial Relations Board (CIRB), Canadian Pacific Kansas City (CPKC) said today.
Canadian Cattlemen Presents: Depth of Field
