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Crops Crops

CBOT May 2021 corn (candlesticks) with 20-day moving average (yellow line) and December 2021 corn (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn up on weather outlook, weaker dollar

CBOT May wheat down, K.C. May wheat up

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Chicago | Reuters — U.S. corn futures rose on Monday, flirting with multi-year highs set last week, as forecasts for frosty weather and precipitation raised concerns about the pace of planting and germination, analysts said. A weaker dollar lent support, theoretically making U.S. grains more competitive globally. Soybeans followed corn higher, but wheat was choppy, […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids soar after weather events

U.S. May wheat futures up on week

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MarketsFarm — Cash bids for Prairie wheat jumped as wintry weather made its way across the Prairies and U.S. northern Plains during the week ending Thursday. Wheat futures in the U.S. rose due to spillover from soybeans. However, a stronger Canadian dollar tempered Prairie wheat prices. Manitoba and Saskatchewan, as well as Montana, North Dakota […] Read more
Loading grain on a vessel at a Burrard Inlet terminal. (Maxvis/iStock/Getty Images)
Crops, Markets

Grain, oilseed exports at strong pace

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MarketsFarm — Canadian grain and oilseed exports continue at a strong pace, with movement of canola, wheat and barley all running well ahead of the year-ago pace. Crop-year-to-date exports of Canada’s major grains and oilseeds as of Sunday came in at 37.78 million tonnes, according to Canadian Grain Commission (CGC) data. That’s up by roughly […] Read more
CBOT May 2021 soybeans (candlesticks) with 20-, 40- and 50-day moving averages (gold, green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybean futures rise

Wheat eases, corn mixed, traders focused on weather

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Chicago | Reuters — U.S. soybean futures rose on Friday, gaining ground on corn contracts as the market tried to entice farmers to boost acreage of the oilseed despite the yellow grain’s rally to its highest in nearly eight years earlier this week. “The last two weeks all the talk has been about the corn […] Read more
A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Barley, Corn, Crops, Markets

Feed weekly outlook: Prairie grains firm, watching new-crop weather

U.S. corn values supportive

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MarketsFarm — Tight barley supplies in Western Canada continue to keep the feed market underpinned, with gains in the U.S. corn market also providing support to grain markets in general. “We’re starting to see a bit of an early weather market in the U.S.,” Allen Pirness of Market Place Commodities in Lethbridge said. Rising corn […] Read more
CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn futures retreat from peak above $6

Wheat, soybean futures rise

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Chicago | Reuters — U.S. corn futures closed mixed on Thursday, with the most-active contract easing on pressure from commercial hedging after spiking above US$6 a bushel for the first time since June 2013 during overnight trading. But concerns about seeding delays due to cold weather in the U.S. Midwest lifted new-crop corn contracts. Weather […] Read more
ICE July 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark yellow and green lines). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: For canola, the only certainty is volatility

"The market has to feel comfortable there’s a crop on the way"

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MarketsFarm — After starting this week with losses, canola bounced back with back-to-back gains, raising prices by more than $20 per tonne for old-crop after falling back $4-$5 on Monday. Errol Anderson, an analyst with ProMarket Communications in Calgary, emphasized there will be a good amount of volatility in the markets, with wide swings possible […] Read more
Chickpeas. (Grigorenko/iStock/Getty Images Plus)
Crops, Markets, Pulses, Weather

Pulse weekly outlook: Seeding numbers may exceed USDA expectations

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MarketsFarm — The U.S. Department of Agriculture’s (USDA) prospective plantings report, delivered March 31, provided a mixed bag for pulse growers in that country as far as the numbers are concerned. Some analysts, however, believe the actual acres seeded will top USDA’s projections. Increasing demand from China, India and a recovering domestic market have raised […] Read more
(Medioimages/Photodisc/Getty Images)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Tight old-crop supplies keep soy, corn strong

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MarketsFarm — Soybean and corn futures at the Chicago Board of Trade posted solid gains during the week ended Wednesday, with the widening inverted spread between old-crop contracts and new-crop months a feature. “Commercials are buying any dips they can,” Sean Lusk of Walsh Trading said of the market. With the nearby months trading at […] Read more

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