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CBOT July 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn climbs on dry conditions

Wheat follows corn higher, soybeans mixed

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Chicago | Reuters — U.S. corn futures rose to a nearly two-month high on Monday as traders fretted about disappointing weekend rains and dry conditions stressing crops in portions of the Midwest crop belt, analysts said. Wheat futures followed, finding additional support from rising tensions in the Black Sea region. Soybean futures settled mixed, with […] Read more
CBOT July 2023 soybeans with 20-day moving average (dark green line, right scale) and CBOT July 2023 soybean oil (yellow line, left scale). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans up as soyoil touches one-month high

Traders watch U.S. crop weather forecasts

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Chicago | Reuters — Chicago Board of Trade soybean futures exceeded a three-week high on Friday as demand from end-users helped push soybean oil above a one-month peak, traders said. Spillover support from soyoil’s rally lifted soybeans while corn futures slumped, traders said. Soyoil has advanced more than 22 per cent since dropping on May […] Read more
CBOT July 2023 soft red winter wheat (candlesticks, right scale) with MGEX July 2023 hard red spring wheat (yellow line, left scale) and K.C. July 2023 hard red winter wheat (orange line, left scale). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat futures rebound

Corn, soybeans close firm

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Chicago | Reuters — U.S. wheat futures rose on Thursday, bouncing back from a sharp sell-off a day earlier on support from technical buying and concerns about supply disruptions stemming from the Russia-Ukraine war, traders said. Corn and soybeans also closed in positive territory, with old-crop contracts supported by expectations that supplies will remain tight […] Read more
File photo of a barley seedling. (SusanHSmith/iStock/Getty Images)
Barley, Crops, Markets

Feed weekly outlook: Market in a waiting game

U.S. corn, available wheat keep market supplied

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MarketsFarm — The feed grain market in Western Canada is holding relatively steady for the time being as both buyers and sellers wait to get a better handle on new-crop production. “It’s a waiting game at this point between the farmer and the feedlot,” said grain merchant Jay Janzen of CorNine Commodities at Lacombe, Alta. […] Read more
ICE July 2023 canola with 20-day moving average and November 2023 canola (dark green line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola finds support from funds, weather

Crude oil markets also a factor

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MarketsFarm — After being in a steady decline over the past month, the ICE Futures canola market was on the rise for the week ended Wednesday. The July canola contract closed Wednesday at $670.30 per tonne, an increase of $20.70 from the week before. Meanwhile, the November canola contract rose $22.60 per tonne over the […] Read more
Bison on pasture near Teulon, Man. on May 30, 2023. (MarketsFarm photo by Glen Hallick)
Livestock, Markets

Bison industry expanding, becoming mainstream

Bison meat emerging from 'seasonal' perception

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MarketsFarm — The Canadian bison industry has been through some difficult times during the last few years but is now emerging from those doldrums, according to Manitoba Bison Association president Robert Johnson. “Between the two drought years and the COVID-19 pandemic, then high feed prices, probably the last two years have been pretty crappy for […] Read more
CBOT July 2023 soft red winter wheat with 20-day moving average (green line, right column) and MGEX and K.C. July 2023 wheats (yellow and orange lines, left column). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat futures snap winning streak

Corn weak, soybeans mixed

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Chicago | Reuters — U.S. wheat futures fell on Wednesday, with the most-active Chicago Board of Trade soft red winter wheat contract snapping a five-session rally that had pushed prices to their highest in nearly three weeks, traders said. But concerns about export demand for U.S. supplies pulled wheat prices lower, with high-protein offerings notching […] Read more
CBOT July corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soybean futures sag on demand woes

U.S. wheat futures firm

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Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell on Monday, retreating from gains made during the overnight trading session on signs that already light export demand for U.S. supplies had weakened further, traders said. Wheat futures were firm, with the biggest gains being notched by K.C. hard red winter wheat […] Read more

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