GRAINS – U.S. corn, soybeans, wheat drop after recent gains

CHICAGO, July 29 (Reuters) – U.S. wheat futures fell 2.8 per cent to fresh contract lows on Tuesday due to plentiful global supplies as well as strong competition on the export market, traders said. Corn and soybean futures also fell as forecasts for rain in the U.S. Midwest next week alleviated concerns about dry conditions reducing harvest prospects for both […] Read more


GRAINS: Corn bounces but posts 5th weekly loss on supply pressure

Reuters — U.S. corn futures inched higher on bargain buying Friday but posted a fifth consecutive weekly loss as expectations of record yields in this autumn’s harvest continued to hang over the market, traders said. Wheat rose on short-covering buying as the market consolidated above contract lows set this week, while soybeans ended mixed. At […] Read more

GRAINS: U.S. soybeans extend advance on exports, weather worries

Reuters — U.S. soybean prices rose to a near two-week high on Thursday on firm export demand and concerns that dry weather in parts of the Midwest crop belt might jeopardize yield prospects, traders said. Corn futures fell to fresh four-year lows, retreating from early gains, and wheat also fell. At the Chicago Board of […] Read more



GRAINS: Soybeans hit over one-week high, U.S. old-crop supply tightens

Reuters — Front-month soybean futures rose to their highest level in more than a week on Wednesday, supported by firming U.S. cash markets as supplies of old-crop soybeans dwindle with the autumn harvest still about two months away, traders said. Corn futures fell to a fresh four-year low while wheat was mixed in choppy trade. […] Read more


ND wheat tour continues — yields variable in northwest

Bowbells, North Dakota/Reuters — Spring wheat yield potential in northwestern North Dakota was seen as variable, with much of the crop behind its typical development schedule following late planting, scouts on an annual tour found on Wednesday. On one route through Ward, Mountrail and Burke counties, scouts on the Wheat Quality Council’s annual tour projected […] Read more

Slow sales, transportation keep Prairie feed grain supported

CNS — Feed grain prices are above milling prices in some areas of Western Canada right now due to complicated travel logistics and patient farmers, says an industry analyst. “Just in general right now, farmers aren’t really big sellers of crop,” said Charlie Pearson, a provincial crops market analyst at Alberta Agriculture and Rural Development. […] Read more