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(Rahr.com)
Barley, Crops, Markets, Reuters

China-Australia row to reshuffle trade in bulging barley market

Gains for Canada, other exporters won't be 'magical'

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Paris | Reuters — A prohibitive Chinese import tariff on Australian barley will benefit other suppliers without changing the bleak global outlook caused by large stocks and depressed beer demand, analysts and traders said. Beijing said on Monday it would apply an 80.5 per cent tariff on Australian barley imports for the next five years, […] Read more
CBOT July 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, soybean futures fall with export prospects

Corn edges up ahead of Memorial Day

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Chicago | Reuters — U.S. wheat futures fell after three straight days of gains on Friday as a firmer dollar disadvantaged the crop in the export market and a forecast for rain promised much-needed relief to dry soils in the U.S. Plains, traders said. Soybean markets also sagged on concerns about export demand, with sales […] Read more
Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)
Barley, Crops, Markets

Feed weekly outlook: Barley prices strong

Jury still out on impact of China-Australia trade spat

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MarketsFarm — Feed grain prices across the Prairies have been stronger during the week ended Thursday, buoyed by rainy conditions in southern Alberta coupled with steady demand. “To fill the gaps, prices have had to go up,” said Allen Pirness of Market Place Commodities in Lethbridge. Prices for feed barley went up by about $5 […] Read more
CBOT July 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans, corn fall

Wheat firms on crop concerns; Russia cuts crop outlook

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Chicago | Reuters — U.S. soybean futures sank 1.4 per cent to a two-week low on Thursday, pressured by concerns about falling export demand from the world’s top soy importer due to rising tensions between Beijing and Washington, traders said. “It does not take much,” said Mark Schultz, chief market analyst at Northstar Commodity. “You […] Read more
CBOT July 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat rallies on Black Sea dryness

Corn eases after three days' gains, soybeans climb

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Chicago | Reuters — Chicago wheat futures gained on Wednesday as dryness in Russia and a weak crop outlook on the U.S. Plains lifted the market. Soybeans lifted as the Brazilian currency gained against the U.S. dollar, renewing hopes of buying by China, while corn was flat as demand gains in ethanol and animal feed […] Read more
Barley south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Barley, Crops, Markets, Reuters

China hits Australia with barley tariff

Duty to last for five years; China may turn to Canada, other exporters

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Beijing/Sydney | Reuters — China added to tensions with Australia on Monday by announcing anti-dumping and anti-subsidy duties totalling 80.5 per cent on Australian barley imports from Tuesday (May 19), which is expected to all but halt a billion-dollar trade between them. China’s ministry of commerce said it had confirmed dumping by Australia and significant […] Read more
CME June 2020 live cattle, with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle book third day of gains

CME to change cattle futures trading rules

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Chicago | Reuters — U.S. live cattle futures rose for the third day in a row on Monday, hitting their highest since April 1, with ongoing strength in the cash markets leading the way higher, traders said. Hog contracts were lower, with the front-month contract sinking to its lowest since April 29. The nearby CME […] Read more
CBOT July 2020 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans drift lower on favourable crop prospects

CBOT July wheat up on short-covering

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Chicago | Reuters — U.S. corn and soybean futures drifted lower on Thursday as generally favourable U.S. Midwest crop weather bolstered expectations for large harvests, analysts said. “We just don’t have enough demand … to overcome the good growing conditions that are seen across the Midwest,” said Brian Hoops, president of Midwest Market Solutions. So […] Read more

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