(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat, soybeans firm

Chicago | Reuters — U.S. grain and soy futures edged higher on Monday, with some wheat contracts rising more than one per cent as weather forecasts showed little rain relief for dry wheat crops in the Plains or drought-affected grain belts in major exporter Argentina. Global benchmark Chicago Board of Trade May wheat was up […] Read more


U.S. grains: Wheat drops on profit-taking

Chicago | Reuters — Chicago Board of Trade wheat futures sank 3.2 per cent on Friday, following a six-day rally that had pushed prices to their highest in 7-1/2 months, traders said. “This has just been a fantastic week of gains,” said Bill Gentry, a broker at Risk Management Commodities. “The funds are taking a […] Read more




(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans retreat on profit-taking

Chicago | Reuters — U.S. soybean futures eased on Monday for the first time in five sessions as profit-taking undercut earlier support stemming from weather forecasts suggesting little rain in drought-hit Argentina, the world’s third-largest exporter. Corn ended higher on concerns about a shrinking crop in Argentina, the world’s No. 3 supplier. Wheat futures jumped […] Read more


A gaucho drives a carriage through the pampas (lowland plains), a primary farming and ranching region of Argentina. (CIA.gov)

U.S. grains: Argentine weather underpins corn, soy

Chicago | Reuters — U.S. corn and soybean futures firmed on Wednesday, stabilizing near recent highs on persistent concerns about dry weather in Argentina hurting crops as they pass through key stages of development, traders said. Corn’s gains were limited as the rally stalled out at the six-month high hit on Tuesday. Soybeans rose to […] Read more




(Photo courtesy Canada Beef Inc.)

U.S. northern Plains ranchers welcome hay lottery

Reuters — Hundreds of livestock ranchers in the drought-stricken U.S. northern Plains are embracing what organizers say is the first lottery designed to provide some much-needed relief to their operations. The prize? Tons and tons of hay. Ranchers in North Dakota, South Dakota and Montana have been suffering through the region’s worst drought in 30 […] Read more