The United States Department of Agriculture’s (USDA) May World Agricultural Supply/Demand Estimates (WASDE) released May 10 featured the first production and ending stocks estimates for the 2024-25 marketing year.
Tighter stocks, production in USDA report
Prairie Wheat Weekly: Prices mixed at end of tumultuous week
Prices for wheat on the Canadian Prairies were either side of steady by the week ended May 9. There were losses for Canadian Western Red Spring Wheat and Canadian Western Amber Durum, but Canada Prairie Red Spring Wheat incurred increases.
U.S. grains: Wheat climbs as frosts cause state of emergency in Russia
Chicago wheat futures rose on Thursday as Russia declared a state of emergency in key grain-growing regions due to frosts, while soybeans and corn fell ahead of a monthly U.S. Department of Agriculture supply-and-demand report due on Friday.
Feed Grain Weekly: A bearish market, especially in southern Alberta
Sufficient supplies of domestic barley and wheat along with the ongoing influx of corn from United States, have continued to keep a lid on feed grain prices on the Canadian Prairies. That’s especially so in southern Alberta, according to Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
U.S. grains: CBOT grains, soybean futures end lower ahead of USDA reports
Chicago Board of Trade wheat futures fell on Wednesday despite weather risks in top exporter Russia, highlighting the size of its supply as the country continues to dominate global export markets.
CBOT Weekly: Focus on weather interrupted by USDA report
A grain rally at the Chicago Board of Trade (CBOT) during the week ended May 8 has seemed to run out of steam.
China approves first gene-edited wheat in step to open up GM tech to food crops
China has approved the safety of gene-edited wheat for the first time as Beijing cautiously moves forward with commercial growing of genetically modified food crops.
U.S. grains: Chicago grains back off highs on weather outlook, USDA data
Chicago wheat fell on Tuesday from peaks not seen since December, while corn eased from four-month highs as investors gauged the impact of harsh weather in some major production zones.
Most Canadian grain stocks tighter than a year ago
For many of Canada’s major crops, their holdings came in lower than a year ago, as Statistics Canada released its stocks of principal field crops as of March 31 report. There were declines in all wheat, durum, oats, corn, lentils and peas, but there were increases for barley and canola while soybeans were relatively steady.
Kazakhstan wheat crop set to rebound in 2024/25
Wheat production in the central Asia country of Kazakhstan is expected to bounce back in 2024/25 according to the United States Department of Agriculture attaché in the capital of Astana.
Canadian Cattlemen Presents: Depth of Field
