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CBOT September 2022 wheat (candlesticks) with 20-day moving average (green line), MGEX September 2022 spring wheat (yellow line) and K.C. September 2022 hard red wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, wheat futures extend gains on crop risks

Wheat market also weighs prospects for more Ukraine exports

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Chicago | Reuters — Chicago Board of Trade corn and wheat futures rose on Wednesday, as hot, dry weather in parts of the U.S. and Europe kept attention on harvest risks, while soybeans settled lower after notching contract highs. Traders also adjusted positions ahead of the U.S. Department of Agriculture’s (USDA) monthly supply and demand […] Read more
CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans gain as U.S. crop ratings decline

Restart of Ukraine sea exports anchors wheat

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Chicago | Reuters — U.S. corn and soybean futures climbed to their highest in more than a week on Tuesday on lower weekly U.S. crop condition ratings and worries that hot, dry weather in the western Midwest forecast would continue to stress crops. Wheat was also firmer as the dollar softened, although gains were limited […] Read more
Crops, Reuters

Ukraine’s first outbound corn cargo refused by buyer

Buyer cites months of delay, embassy says

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Istanbul | Reuters — The Razoni, the first ship to depart Ukraine under a U.N.-brokered deal, is looking for another port to unload its grain cargo as the initial Lebanese buyer refused delivery citing a more than five-month delay, Ukraine’s embassy in Lebanon said Monday. “According to the information provided by the shipper of the […] Read more
CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans slip after Midwest rains

Traders looking ahead to USDA report on Friday

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Chicago | Reuters — U.S. corn and soybean futures eased on Monday as improved weather in parts of the U.S. Midwest’s farm belt boosted harvest prospects for crops stressed recently by high temperatures and dryness. Chicago Board of Trade wheat firmed as the dollar softened, although gains were limited by improving prospects for exports from […] Read more
Photo: File
Crops

Manitoba crops variable: report

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MarketsFarm – Crop development was highly variable across Manitoba during the week ended Aug. 2 depending on localized rainfall and drainage, with fields in the southern growing areas of the province generally better than those to the north, according to the latest report from Manitoba Agriculture. Localized insect concerns were reported, with some spraying required. […] Read more
Photo: Thinkstock
Cereals, Reuters

As grain prices fall, food prices to ease first in developing world -U.S. official

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Sao Paulo | Reuters – Seth Meyer, chief economist at the United States Department of Agriculture, said on Tuesday weaker commodities prices will take longer to ease food inflation in the United States than in the developing world. Some of the world’s poorest nations were hardest hit by a spike in corn and wheat prices after Russia’s […] Read more

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