The USDA Quarterly Grain Stocks report as of Sept. 1 caused prices at the Chicago Board of Trade (CBOT) to rise during the week ended Oct. 2, 2024.
Cereals
CBOT Weekly: USDA report, short-covering raising prices
Feed Grain Weekly: Weight issues, low cattle numbers holding prices back
Feed grain prices on the Prairies stayed relatively steady for the week ended Sept. 25 as low cattle numbers in feedlots and light test weights for grains limit price gains.
Canadian purchases of U.S. corn off to slow start
Canadian purchases of corn from the United States are off to a slow start in the 2024-25 marketing year, with ample old crop barley supplies likely limiting demand.
Oats futures rise, cash bids steady
United States oats futures and Western Canadian cash bids for the cereal crop are seeing very different levels of activity in the first half of September.
Prairie Wheat Weekly: Most Western Canadian wheat bids rise
Western Canadian wheat bids were mostly higher during the week ended Sept. 5, following the lead of United States wheat futures. The U.S. Department of Agriculture reported the country’s spring wheat harvest to be 70 per cent complete as of the start of September, matching the five-year average and being two points ahead of last […] Read more
Feed Weekly: More grain to enter feed markets
Feed barley and feed wheat are in no short supply on the Prairies, according to Jim Beusekom, president of Market Place Commodities in Lethbridge, Alta. He has recently seen light test-weight barley and wheat coming from various places in Western Canada being shipped to feedlots. Beusekom added the feed grains were coming from “almost everywhere […] Read more
Ukraine 2024/25 wheat exports to be capped
Kyiv | Reuters – Ukraine’s farm ministry has agreed with traders and agriculture associations to limit wheat exports in the 2024/25 July-June season to 16.2 million metric tons, the ministry said on Tuesday. The government and traders annually sign a memorandum in which officials promise to maintain the existing terms of trade and not restrict […] Read more
Ukraine boosts grain exports despite intensified Russian attacks
Kyiv/London | Reuters – Ukraine is scrambling to ship as much grain as it can this summer, taking advantage of military gains it has made in the Black Sea area to boost exports even as Russia has attacked its ports. Ukraine is a major global wheat and corn grower and before Russia’s invasion in 2022 […] Read more
Feed Weekly: Crops still in ‘relatively good condition’
The hot and dry weather present in much of the Prairies for much of July may not have yet put a dent in production numbers. Matt Beusekom, trader for Market Place Commodities in Lethbridge, Alta., said while the heat is pressuring crops, good harvests are still expected for now. “(The heat) has definitely had an […] Read more
Back to normal for cereal leaf disease in Saskatchewan
Precipitation has more or less returned to normal in Saskatchewan, but that also means cereal growers need to be more aware of leaf and other diseases, says a plant pathologist.
Canadian Cattlemen Presents: Depth of Field
