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Spring Wheat

Cereals, Corn, Crops, Markets, Reuters, Spring Wheat, Winter Wheat

GRAINS: Nearby soy rallies on low old-crop supply; MGEX wheat jumps

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Reuters — Nearby U.S. soybean futures climbed to a one-week high on Friday as U.S. processors scrambled to find scarce old-crop supplies, with the start of the next harvest still at least a month away in the Midwest. MGEX spring wheat futures touched a two-week high amid concerns about excessive rains hurting crops in key […] Read more
Cereals, Crops, Markets, Spring Wheat

European quality issues support Prairie durum bids

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CNS Canada — Durum bids in Western Canada are showing strength relative to other wheat classes, with premiums for higher-quality supplies expected to remain in place or widen as the industry awaits Canada’s crop. Canada’s 2014-15 durum crop is estimated at 4.9 million tonnes by Statistics Canada, which compares with 6.5 million the previous year. […] Read more
Cereals, Corn, Crops, Markets, Soybeans, Spring Wheat, Winter Wheat

USDA projects record U.S. corn, soybean production

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Reuters — U.S. corn production will crack the 14-billion-bushel mark for the first time in 2014, the U.S. Department of Agriculture said on Tuesday, but the crop was slightly below trade expectations, potentially giving a bullish kick to the beaten-down corn futures market. At 14.03 billion bushels, the estimated crop fell short of trade estimates […] Read more
Cereals, Crops, Markets, Spring Wheat, Weather

Durum prices, quality vary

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CNS Canada — The Canadian durum crop is currently seeing a wide range in both crop quality and prices. “It looks like the prices are quite volatile,” said Jerry Klassen, manager of GAP SA Grains and Produits in Winnipeg. “They are quite variable between $7 per bushel to $8.50 per bushel.” This wide price range […] Read more
Cereals, Crops, Markets, Reuters, Spring Wheat, Weather

Rain hits Ukrainian wheat quality

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Kiev/Moscow | Reuters — Ukraine is set to produce more wheat for animal feed and less higher grade bread-making grain this year, as rain damage has shifted the global exporter’s quality balance, traders and analysts said. The altered backdrop is seen heaping further pressure on global prices, while also signalling tougher competition with other European […] Read more
Cereals, Corn, Reuters, Soybeans, Spring Wheat, Winter Wheat

GRAINS: Soybeans, wheat firm on strong exports; corn weakens on weather

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U.S. soybean futures rose on Thursday on signs that demand will keep domestic supplies tight until harvest, while corn weakened due to forecasts for more crop-boosting rain in the U.S. Midwest, traders said. “The beans firmed up due to some speculators taking advantage of the weakness earlier in light of the very strong demand we […] Read more
Barley, Canola, Cereals, Crops, Markets, Oats, Reuters, Spring Wheat, Winter Wheat

W. Canada spring wheat, durum yields look second-biggest ever: crop tour

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Reuters —  Western Canada spring wheat and durum yields this year look to fall from last year’s high levels, but the still bountiful production should offset some losses from flooded farms, leaders of a crop tour said on Thursday. The inaugural Cereals North America Canadian crop tour pegged spring wheat yield potential in the region […] Read more

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