Spring wheat yield prospects in northwestern North Dakota are lower than they were a year ago but still better than average, scouts on an annual crop tour of the top U.S. spring wheat state said on Wednesday. Much of the crop in the area was seeded later than usual, and because of its delayed development, […] Read more
U.S. spring wheat prospects above average in northern N.Dakota
Scouts find yields variable in North Dakota wheat fields
Yield prospects for the spring wheat crop in southern North Dakota were averaging about 5 bushels per acre better than a year ago but variability was high between fields, scouts on an annual tour said on Tuesday. Scouts predicted an average yield of 46.7 bushels per acre, based on surveys of four fields in Ransom […] Read more
U.S. corn falls after record planting pace
U.S. corn futures dropped 1.5 per cent, to their lowest since early April, on Tuesday as investors unwound bull spreads following a record planting pace last week that encouraged farmers to sell some old-crop supplies to ease cash market tightness, traders said. A surge in corn planting progress during the past week eased farmer concerns […] Read more
Short-covering fuels rally in U.S. corn, soybeans, wheat
U.S. grains and soybeans rallied on Thursday, with soybeans touching their highest level in nearly two months, as traders covered short positions ahead of a monthly U.S. Agriculture Department report. Wheat and corn notched the biggest gains, surging 2.5 per cent, but the bullish tone supported the entire agricultural complex. “This looks like a short-covering […] Read more
U.S. corn, soy, wheat mostly lower on planting outlook
U.S. grain and soy futures closed mostly lower on Wednesday as farmers geared up for what’s expected to be their best stretch of planting this spring. Forecasts for dry weather in the U.S. Midwest bolstered hopes that growers will be able to push planting back on schedule after damp field conditions caused the slowest start […] Read more
U.S. corn slips as planters roll, pulls wheat lower
U.S. corn futures fell 3.7 per cent on Monday, their biggest drop in more than a month, on forecasts for warm and dry weather that will allow U.S. farmers to rapidly plant crops during the next week, traders said. Soybeans also fell on expectations that farmers will be able to ramp up their planting soon, […] Read more
Chicago wheat rallies on demand, cold temperatures
Chicago Board of Trade (CBOT) wheat futures rose 2.4 per cent on Friday, rallying through key technical resistance amid signs of good export demand and worries about the health of the U.S. crop, traders said. Soybean and corn futures also rose, with corn posting its fifth straight positive session and soybeans hitting a two-week high […] Read more
Old-crop U.S. corn, soy firm on tight supplies
Front-month Chicago Board of Trade (CBOT) soybean futures rose on Thursday due to strong nearby demand for physical supplies from U.S. crushers, traders said. “It is all bull spreading right now,” said Chad Henderson, grain market adviser with Prime Agricultural Consultants. “It really has to do with the stronger cash basis on beans. The old […] Read more
Chicago corn, soy rise ahead of USDA report
U.S. corn futures rose 1.7 per cent on Tuesday as traders unwound bearish bets on the market ahead of a key government supply report, traders said. Soybean futures also rose in pre-report positioning, while wheat futures were mixed. Improving crop conditions and profit-taking weighed on the benchmark Chicago Board of Trade (CBOT) soft red winter […] Read more
U.S. soy closes firm on technicals
U.S. soybean futures rose on Monday, snapping a streak of three straight negative sessions, on technical buying and worries that delays in the South American harvest will further slow delivery of supplies from Argentina and Brazil, traders said. The soybean market found support from bargain-hunters after prices on Friday dropped to their lowest level since […] Read more
Canadian Cattlemen Presents: Depth of Field
