Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: wheat firms on Russian port attack, India import prospects

Attack near grain hub heightens war risks to Black Sea trade

Chicago | Reuters – Chicago wheat climbed on Friday after a Ukrainian drone attack near a Russian Black Sea export hub, rekindling global supply fears while India raised demand expectations as it considers scrapping wheat tariffs. Soybeans climbed on stronger crude and vegetable oil markets, also on alert following the Black Sea disruptions. Corn followed […] Read more

Photo: Getty Images

U.S. grains: Soybeans gain on export optimism; wheat, corn slip

Chicago | Reuters – Chicago soybean futures climbed on Thursday, energized by fresh export sales, although forecasts for cooler, rainy weather capped gains. Wheat fell to a three-week low, as the market assessed global supply prospects marked by large Russian exports and war-curtailed shipments from Ukraine. Corn also touched a three-week low, pressured by crop-friendly […] Read more


(Photo: Reuters/Diego Vara)

Saskatchewan Crop Report: Dryness continues as harvest begins 

Since April 1, the entirety of the province received 200 mm or less of rain

MarketsFarm – With the exception of a handful of areas, most of Saskatchewan remained dry for the week ended July 31 as harvest operations began in the province’s southwest and west-central regions. Areas north of Prince Albert and northwest of Kindersley, as well as inside and around Hudson Bay each saw more than 30 millimetres […] Read more

(Geralyn Wichers photo)

Feed weekly outlook: Influx of cheaper U.S. corn pushing down prices

Weaker Chicago corn prices led to a 50-cent/bu. drop in Alberta feed barley, wheat

MarketsFarm – Feed grain prices took a tumble this week in Alberta, said Susanne Leclerc of Market Master Ltd. in Edmonton. “It’s kind of shocking. I know we had some harvest start in the southern part [of the province]. It seems to have really affected prices. Of course, corn got cheap with the futures dropping […] Read more


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: wheat falls after Ukraine port attack renews worries

Russian attack Wednesday underscored the risk of a further squeeze on Ukrainian exports

Chicago | Reuters – Chicago wheat slid for a sixth consecutive session on Wednesday, after sharp gains overnight as supply jitters caused by a Russian strike against a Ukrainian port were tempered by strong Russian exports and signs Moscow is open to reviving a Black Sea corridor deal. Soybeans dipped to one-month lows and corn […] Read more

ICE canola weekly outlook: Prices trending down ahead of harvest

ICE canola weekly outlook: Prices trending down ahead of harvest

Harvest pressure may not be that large this year says analyst

 MarketsFarm – ICE Futures canola contracts lost ground during the week ended Aug. 2, as spillover from outside markets and easing concerns over the state of the crop ahead of the harvest weighed on values. Excessive heat during the flowering period in June and July caused canola prices to climb higher, but the market is […] Read more


Photo: Thinkstock

CBOT weekly outlook: August forecasts pulling prices down 

Wheat prices went down during the week despite Russia’s withdrawal from Black Sea deal

MarketsFarm – Recent weather forecasts for much of the United States put pressure on grain prices on the Chicago Board of Trade (CBOT) during the week ended Aug. 2.  Cooler and wetter conditions are expected for the U.S. Midwest during the first half of August, which could help stabilize corn and soybean crops affected by […] Read more

Mature winter wheat. (Allan Dawson photo)

Manitoba’s crops continue to hold up 

Hay yields generally below average; pasture conditions were deteriorating due to dryness

MarketsFarm – Timely rains in Manitoba have kept the province’s crops in relatively good shape, according to the latest crop report. Manitoba Agriculture said precipitation as of Aug. 1 amounted to as much as 73 millimeters around Zhoda in the southeast to 13 mm at The Pas in the north. Although several locales throughout the […] Read more


(Thinkstock photo)

U.S. grains: Soybeans climb on export hopes; corn, wheat remain weak

Wheat slips again as Black Sea competition continues

Chicago | Reuters – Soybean futures on the Chicago Board of Trade ended higher on Tuesday after two-sided trade, as export demand optimism won out over forecasts for cooler, wetter weather that pressured markets. Chicago corn eased, pressured by expectations that timely rains in August would improve heat-stressed crops. Wheat fell for a fifth session […] Read more

Green lentils. (Savany/iStock/Getty Images)

Pulse weekly outlook: lentils poised to go either way pricewise 

Everything is dependent on the yields come harvest says analyst

MarketsFarm – Before the harvest of lentils gets underway across the Canadian Prairies, there has been some speculation as to which way prices could go, according to Levon Sargsyan of Johnston’s Grain.  “Of the two stories I’m getting, one is from farmers, and one is from buyers, and of course there’s bias,” Sargsyan commented.  “[The […] Read more