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CBOT July 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago wheat climbs on new global supply concerns

Corn pressured by hopes of planting progress

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Chicago | Reuters — Chicago wheat climbed for a second session on Thursday, underpinned by hot and dry weather across India that is likely to diminish that nation’s wheat export potential, while similar conditions erode U.S. winter wheat crops. Soybean and corn futures added after trading near even all day, as global supplies remain uncertain […] Read more
CBOT July 2022 wheat (candlesticks) with 20-day moving average (dark green line), MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago wheat jumps on India export concerns

Soy follows, corn mixed

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Chicago | Reuters — Chicago wheat futures soared on Wednesday on reports that India, a major world producer, would restrict exports as a drought threatened its production even as the nation had hoped to fill a global export gap created by ongoing war in Ukraine. Soybean futures also gained, while corn traded near even, awaiting […] Read more
A combine unloads wheat on the outskirts of Ahmedabad in western India on March 16, 2022. (Photo: Reuters/Amit Dave)
Crops, Markets, Reuters, Weather, Winter Wheat

Heat wave threatens India’s wheat output, export plans

Thin supplies, rising prices indicate lower output

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New Delhi | Reuters — India’s wheat output looks likely to fall in 2022 after five consecutive years of record harvests, as a sharp, sudden rise in temperatures in mid-March cut crop yields in the world’s second-biggest producer of the grain. The drop could curb Indian exports of the staple. Cashing in on a rally […] Read more
A combine unloads wheat on the outskirts of Ahmedabad in western India on March 16, 2022. (Photo: Reuters/Amit Dave)
Crops, Markets, Reuters, Spring Wheat, Winter Wheat

Record wheat crop, high stocks to help India meet rising export demand

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New Delhi | Reuters — Bumper harvests and overflowing grain bins will help India to meet wheat import needs of the world’s top buyers as Russia’s Ukraine invasion hits supplies from the Black Sea region, a top government official said. India, the world’s second biggest wheat producer, is prepared to meet any extra demand for […] Read more
File photo of a rapeseed field in Iwate prefecture in northeastern Honshu, Japan. (Nattya3714/iStock.Getty Images)
Canola, Crops, Markets, Soybeans

USDA reports offer new oilseed insights from India, Japan

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MarketsFarm — The Foreign Agricultural Service of the U.S. Department of Agriculture (USDA) released its weekly Global Agricultural Information Network (GAIN) reports on Wednesday, including new information regarding oilseeds in India and Japan. Oilseed production in India is projected to increase by one per cent at 42.1 million tonnes in 2022-23, according to FAS New […] Read more
Chickpeas. (CalypsoArt/iStock/Getty Images)
Crops, Markets

Pulse sector hails renewed trade talks with India

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MarketsFarm — Canada and India have formerly relaunched trade negotiations that could lead to increased Canadian pulse exports to the country. Canada’s Trade Minister Mary Ng met with her Indian counterpart Shri Piyush Goyal in New Delhi on Friday to discuss economic relationships between the two countries. While highlighting existing trade relationships, the ministers also […] Read more
Lentils. (Seb_ra/iStock/Getty Images)
Crops, Lentils, Markets

Pulse weekly outlook: Lentil prices decline, may shift in spring

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MarketsFarm — Prices for Canadian lentils, along with other pulses in the country, have slightly declined since the start of 2022. However, one pulse buyer thinks the next few months can recharge the market. Lionel Ector, president of Diefenbaker Spice and Pulse at Elbow, Sask., explained that a good Australian lentil harvest in December has […] Read more
File photo of a chickpea crop in India. (Nikhil Patil/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Chickpea prices reverse direction

Markets correcting lower, buyer says

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MarketsFarm — The chickpea market in Western Canada is undergoing a correction, according to the manager of a pulse buying and processing company in Saskatchewan. With the exception of Desi chickpeas, all varieties of the pulse have seen prices go down two to five cents per pound over the past month, according to Prairie Ag […] Read more

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