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File photo of a flooded North Dakota highway. (DLerick/E+/Getty Images)

Heavy North Dakota snows threaten wheat seeding

By Julie Ingwersen March 25, 2019

Chicago | Reuters — A blanket of heavy, wet snow covering most of North Dakota, the top U.S. wheat state, threatens to delay planting of spring wheat in another blow to a U.S. farm belt already facing billions of dollars in damage from flooding. Farmers from Missouri to South Dakota have seen their corn and […] Read more

CBOT May 2019 wheat with 20-day moving average. (Barchart)

Crops, Markets, Reuters

U.S. grains: Wheat rises on short-covering, planting worries

By Stephanie Kelly March 25, 2019

New York | Reuters — U.S. wheat futures gained on Monday, lifted by short-covering and technical buying, as well as concerns about North American production as weather in the Midwest threatened to delay planting. Corn prices also rose, extending gains into a fourth session, while soybean futures firmed. The May wheat futures contract on the […] Read more

Canola, Crops, Markets

Canola fund short position continues to grow

By Phil Franz-Warkentin March 22, 2019

MarketsFarm — Fund traders remained on the short side in the ICE Futures canola market during the week ended Tuesday, adding to their large net short position, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators […] Read more

CBOT May 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn up on China buying, flood worries

By Karl Plume March 22, 2019

Chicago | Reuters — U.S. corn futures rose to a 3-1/2-week high on Friday as China booked its largest purchase of the grain in more than five years and as flooding in the western U.S. Midwest raised concerns over spring planting. Technical selling and profit-taking later pulled corn from the highs, although the market closed […] Read more

ICE May 2019 canola futures, with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets, Reuters

Trudeau optimistic about making progress to end China canola ban

By David Ljunggren, Mark Weinraub March 22, 2019

Ottawa/Chicago | Reuters — Canada is optimistic it can make progress this year in talks to persuade China to allow imports of Canadian canola seed to resume, Prime Minister Justin Trudeau said on Friday, even as tensions between Ottawa and Beijing reach new highs. Trudeau spoke hours after an industry group said Chinese importers had […] Read more

Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)

Canola, Crops, Markets

Monthly Canadian canola crush well below average

By MarketsFarm Team, GFM Network News March 22, 2019

MarketsFarm — Canada’s monthly canola crush hit its lowest level in 1-1/2 years in February, according to the latest crushing data from Statistics Canada. The agency reported that 635,526 tonnes of canola were crushed in February 2019. That was down by nearly 200,000 tonnes from the January level and compares with the monthly average over […] Read more

Barley, Corn, Crops, Markets, Spring Wheat, Weather

Feed weekly outlook: Spring weather may swing Prairie feed markets

By Phil Franz-Warkentin March 22, 2019

MarketsFarm — Weather conditions have the potential to swing feed grain markets in Western Canada over the next few weeks, although prices generally remain steady for the time being. “Spring is here, and as the snow melts it creates mud, road bans and all that lovely stuff,” said Brandon Motz of CorNine Commodities in Lacombe, […] Read more

Crops, Markets, Reuters, Weather

Grain markets walled off from flood impacts by mountains of supplies

By Mark Weinraub March 22, 2019

Chicago | Reuters — A massive supply of grains has shielded the futures markets from the impact of flooding in the U.S. Midwest so far, with traders largely shrugging off this week’s reports of destroyed storage bins, swamped elevators and questions about if waters will recede in time for planting. The problem is grain glut […] Read more

The AltEn ethanol plant at Mead, Neb. on March 21, 2019. (Photo: Reuters/Humeyra Pamuk)

Crops, Reuters

Floods shut nearly a sixth of U.S. ethanol production

By Humeyra Pamuk, Jarrett Renshaw March 22, 2019

Mead, Neb./New York | Reuters — Massive flooding in the U.S. Midwest has knocked out roughly 13 per cent of the nation’s ethanol production capacity, as plants in Nebraska, Iowa and South Dakota have been forced to shut down or scale back production following the devastation. Production facilities owned by large companies like Archer Daniels […] Read more

CBOT May 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn rises as Midwest floods fuel planting concerns

By Karl Plume March 21, 2019

Chicago | Reuters — U.S. corn futures jumped more than one per cent on Thursday to their highest level in 2-1/2 weeks as concerns about delayed planting in the western U.S. Midwest sparked buying and fund short-covering. Soybeans followed corn higher, although gains were restrained by lower-than-expected weekly export sales data and concerns about trade […] Read more

Daily Network News

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Crops

Heavy North Dakota snows threaten wheat seeding

U.S. grains: Wheat rises on short-covering, planting worries

Canola fund short position continues to grow

U.S. grains: Corn up on China buying, flood worries

Trudeau optimistic about making progress to end China canola ban

Monthly Canadian canola crush well below average

Feed weekly outlook: Spring weather may swing Prairie feed markets

Grain markets walled off from flood impacts by mountains of supplies

Floods shut nearly a sixth of U.S. ethanol production

U.S. grains: Corn rises as Midwest floods fuel planting concerns

Canadian Cattlemen Presents: Depth of Field

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