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Crops Crops

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Cereals, Markets

Feed weekly outlook: Feed grains come under harvest pressure

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MarketsFarm – Delayed springtime planting pushed back the feed grain harvest. As a result, prices for old crop feed grains are now beginning to converge with new crop prices. “It feels like we’re transitioning towards new crop,” remarked Travis Ebens, a grains trader with CorNine Commodities in Lacombe, Alta. He said prices for feed barley […] Read more
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Crops, Markets, Reuters

U.S. grains: Corn ends nearly flat as crop prospects offset big sales to China

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Chicago | Reuters – U.S. corn futures closed fractionally higher on Thursday but held just above one-month lows, as benign crop weather and expectations of a large harvest offset news of massive U.S. corn sales to China, analysts said. Soybean futures ended firmer higher while wheat futures drifted lower. Chicago Board of Trade December corn […] Read more
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Corn, Reuters

U.S. sells record amount of corn to China as tensions rise

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Chicago | Reuters – Chinese buyers booked their single biggest-ever purchase of U.S. corn, extending their flurry of large U.S. purchases even as tensions between Washington and Beijing rise. The U.S. Agriculture Department said on Thursday that private exporters sold 1.937 million tonnes of corn to China for delivery in the 2020/21 marketing year. That topped the […] Read more
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Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Large corn, soybean crops expected

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MarketsFarm – The Chicago Board of Trade (CBOT) continues to watch growing conditions in key regions of the United States, as record yields are expected for corn crops. “Corn is pretty much made,” said Terry Reilly of Futures International in Chicago, Ill. “Conditions have improved significantly, and nobody sees any major problems.” Trade participants expect […] Read more
A canola field near Pincher Creek, Alta. (Laughingmango/E+/Getty Images)
Canola, Markets

ICE weekly outlook: Canola scale-up selling to temper gains

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MarketsFarm – ICE Futures canola contracts climbed above chart resistance to hit their highest levels in six-months on July 29. While there is more room to the upside, farmer selling could temper additional gains. Fund traders adding to long positions together with solid export demand, especially from Europe, accounted for much of the recent strength […] Read more
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Crops, Markets, Reuters

U.S. grains: Corn falls to one-month low as mild U.S. weather favours crops

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Chicago | Reuters – U.S. corn futures fell for a fourth straight session on Wednesday, touching their lowest level in a month as mild weather in most of the Midwest favored prospects for a large harvest, analysts said. Soybeans also fell on beneficial weather outlooks. But wheat futures rose on short-covering and optimism about export […] Read more
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Crops, Markets, Reuters

U.S. grains: Corn falls to 1-month low, soy futures dip

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Chicago | Reuters – U.S. corn futures hit a one-month low and soybean futures also tumbled on Tuesday as improving U.S. crop condition ratings and favorable weather outlooks supported expectations for large harvests this autumn, analysts said. Wheat followed the weaker trend. Chicago Board of Trade December corn settled down 4-1/2 cents at $3.30 per […] Read more
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Markets, Pulses

Pulse weekly outlook: Good year for Alberta pulses, except in northern regions

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MarketsFarm – Pulse crops are doing quite well in most of Alberta, according to the province’s agriculture department. However in the Peace River and northwest regions, the story has been much different. “This year, crop conditions are better than the five-year average in both the south and central regions. In the northern region, excess moisture […] Read more

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