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Winter Wheat

(MGEX.com)
Crops, Markets, Spring Wheat

MGEX spring wheat shows strength

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CNS Canada — Minneapolis (MGEX) spring wheat futures have climbed back to their highest levels in two months and could remain strong relative to other wheat classes over the next few months, according to an analyst. The nearby July 2016 contract is trading at about US$5.50 per bushel, while the July 2017 contract is now […] Read more
Sunset in Egypt on the Nile River south of Luxor. (CIA.gov)
Cereals, Crops, Markets, Reuters

Egypt returns to zero tolerance of ergot in wheat

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Abu Dhabi/Cairo | Reuters — Egypt has rejected two shipments of wheat for containing trace levels of the ergot fungus, backtracking on a government pledge to apply international standards and alarming traders looking to do business with the world’s largest buyer of the grain. Earlier this year traders boycotted state wheat tenders after the country’s […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans rise on weather view

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Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures rose on Tuesday, supported by concerns about a La Nina weather pattern hindering crop development in the U.S. Midwest this summer with hot temperatures and dry conditions, traders said. Wheat futures also advanced, rising for the fifth straight day amid a round of short-covering […] Read more
A rye cover crop. (Stephen Ausmus photo courtesy ARS/USDA)
Crops, Weather, Winter Wheat

Favourable conditions boost Manitoba winter cereals

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CNS Canada –– Favourable weather throughout spring and winter has allowed Manitoba’s winter cereals to flourish, according to the head of an industry group. “People are bragging about their fall rye,” said Jake Davidson, executive director at Winter Cereals Manitoba. “Wheat is also excellent.” A relatively warm spring with few cold snaps and a mild […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy rallies on export hopes

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Chicago | Reuters — U.S. soybean futures soared to their highest in nearly two years on Thursday on hopes that export demand will rise amid concerns about the quality of the crop being harvested in Argentina. Corn firmed to its highest since July 2015, supported by forecasts for a reduced harvest in Brazil, but closed […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans surge on export prospects

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Chicago | Reuters — U.S. corn and soybean futures rallied on Wednesday, peaking late in the session as export hopes for U.S. supplies brightened amid heightened concerns about South American crops, traders said. The most actively traded Chicago Board of Trade soybean futures contract hit its highest since July 2014 while CBOT corn futures topped […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat drops on weather forecast

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Chicago | Reuters –– U.S. wheat futures sank 3.2 per cent on Tuesday, on track for their biggest daily decline in four weeks as forecasts called for improving harvest conditions for the winter crop good weather for spring wheat development. “Drier weather begins to develop in the southern Plains starting this weekend to improve harvest […] Read more

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