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Wheat

(Geralyn Wichers photo)
Crops, Livestock, Markets

Feed weekly outlook: Influx of cheaper U.S. corn pushing down prices

Weaker Chicago corn prices led to a 50-cent/bu. drop in Alberta feed barley, wheat

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MarketsFarm – Feed grain prices took a tumble this week in Alberta, said Susanne Leclerc of Market Master Ltd. in Edmonton. “It’s kind of shocking. I know we had some harvest start in the southern part [of the province]. It seems to have really affected prices. Of course, corn got cheap with the futures dropping […] Read more
Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Crops, Markets, Reuters

U.S. grains: wheat falls after Ukraine port attack renews worries

Russian attack Wednesday underscored the risk of a further squeeze on Ukrainian exports

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Chicago | Reuters – Chicago wheat slid for a sixth consecutive session on Wednesday, after sharp gains overnight as supply jitters caused by a Russian strike against a Ukrainian port were tempered by strong Russian exports and signs Moscow is open to reviving a Black Sea corridor deal. Soybeans dipped to one-month lows and corn […] Read more
Photo: Thinkstock
Cereals, Corn, Crops, Markets, Soybeans, Spring Wheat

CBOT weekly outlook: August forecasts pulling prices down 

Wheat prices went down during the week despite Russia’s withdrawal from Black Sea deal

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MarketsFarm – Recent weather forecasts for much of the United States put pressure on grain prices on the Chicago Board of Trade (CBOT) during the week ended Aug. 2.  Cooler and wetter conditions are expected for the U.S. Midwest during the first half of August, which could help stabilize corn and soybean crops affected by […] Read more
Mature winter wheat. (Allan Dawson photo)
Canola, Cereals, Crops, Forages, Soybeans

Manitoba’s crops continue to hold up 

Hay yields generally below average; pasture conditions were deteriorating due to dryness

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MarketsFarm – Timely rains in Manitoba have kept the province’s crops in relatively good shape, according to the latest crop report. Manitoba Agriculture said precipitation as of Aug. 1 amounted to as much as 73 millimeters around Zhoda in the southeast to 13 mm at The Pas in the north. Although several locales throughout the […] Read more
(Omersukrugoksu/iStock/Getty Images)
General, Markets, Reuters

Russia strikes Ukraine’s Danube port, sending global grain prices higher

Port hit on Danube opposite NATO-member Romania; Kyiv says aim is to intimidate shippers considering return

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Kyiv | Reuters – Russia attacked Ukraine’s main inland port across the Danube River from Romania on Wednesday, sending global food prices higher as it ramps up its use of force to prevent Ukraine from exporting grain. The attacks destroyed buildings in the port of Izmail and halted ships in their tracks as they prepared […] Read more
(Thinkstock photo)
Crops, Markets, Reuters

U.S. grains: Soybeans climb on export hopes; corn, wheat remain weak

Wheat slips again as Black Sea competition continues

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Chicago | Reuters – Soybean futures on the Chicago Board of Trade ended higher on Tuesday after two-sided trade, as export demand optimism won out over forecasts for cooler, wetter weather that pressured markets. Chicago corn eased, pressured by expectations that timely rains in August would improve heat-stressed crops. Wheat fell for a fifth session […] Read more
The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Crops, Markets, Reuters

U.S. grains: corn, soy fall as US weather improves

Wheat dropped despite Black Sea supply concerns

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Chicago | Reuters – Chicago soybeans and corn fell on Monday, pressured by expectations of cooler, wetter weather across the U.S. Midwest in August. Wheat also dropped, despite worries over Black Sea supplies, although no new major Russian attacks on Ukrainian grain infrastructure were reported over the weekend. Chicago Board of Trade most-active corn Cv1contract […] Read more
Photo: Reuters
Cereals, Crops, Spring Wheat

NFU claims victory for wheat producers after CGC reversal

The changes would've seen the export grade standard applied to deliveries to country elevators

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The National Farmers Union (NFU) is calling a reversal of wheat-grading changes a “tremendous success for farmers,” according to news release, Friday. On Friday morning, the Canadian Grain Commission repealed upcoming grading changes in response to complaints from producer groups. In a news release, the CGC simply stated it was repealing the alignment of primary […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: grain, soy futures drop on milder US weather, with eyes on Black Sea

Markets have retreated since touching multi-week highs on Monday

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Chicago | Reuters – Chicago Board of Trade grain and soybean futures fell to their lowest prices in more than a week on Friday on hopes that U.S. crop weather will improve and Russia will ease its attacks on Ukraine’s grain facilities, analysts said. Technical selling added pressure to prices. Heading into August, the key […] Read more
 PHOTO: Laura Rance
Crops, General, Spring Wheat

CGC repeals grading changes in response to producer complaints

The new regulations would have seen export grade standards applied to deliveries to country elevators

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Days before implementation, the Canadian Grain Commission repealed grading changes in response to complaints from producer groups. In a news release, Friday, the CGC simply stated it was repealing the alignment of primary and export tolerances for test weight and total foreign materials for Canada Western Red Spring, Canada Western Hard White Spring, Canada Western Extra […] Read more

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