Corn futures set new 3-month highs on support from wheat, and as oil prices jumped on Tuesday, after the Israeli military said on Tuesday that missiles had been launched from Iran at Israel and NATO's new chief Mark Rutte voiced strong support for Ukraine.

U.S. grains: Wheat rallies on drought, geopolitical tensions; corn follows

Vancouver grain workers reach tentative deal to end strike
Workers at six grain terminals in the Canadian port of Vancouver have reached a tentative deal on September 27, ending a strike potentially impacting exports from the world's top canola and number three wheat exporter during the harvesting period.

US East Coast dockworkers strike, halting half the nation’s ocean shipping
Dockworkers on the U.S. East Coast and Gulf Coast began a strike early on Tuesday, their first large-scale stoppage in nearly 50 years, halting the flow of about half the nation's ocean shipping after negotiations for a new labour contract broke down over wages.

U.S. grains: Soy futures soar on US weather woes
U.S. soybean futures hit their highest in two months on Friday as soymeal futures surged by five per cent on worries about damage to crops and infrastructure in the Gulf Coast region following the landfall of Hurricane Helene as well as short-covering ahead of key crop reports due Monday.

EU cuts wheat crop estimate to 12-year low
European wheat production forecast at 12-year low. Corn, barley, oilseeds also down on year.

U.S. grains: CBOT soybeans, wheat see volatile trade as drought risks weigh
Chicago soybeans touched a new two-month peak before ending lower on Tuesday, amid questions over export demand and late-season drought impacts on U.S. crop yields, traders said.

Saskatchewan Crop Report: Harvest nears 80 per cent despite rain
Despite rainfall across Saskatchewan, the province's harvest still advanced five points at 79 per cent complete as of Sept. 23. This year's pace is currently ahead of the five-year and 10-year averages.

Manitoba Crop Report: Heavy rainfalls slow harvest
Manitoba harvest advances to 58 per cent complete, despite rain delays.

U.S. grains: Wheat turns higher on Russia weather worries; soy, corn also rally
U.S. wheat futures turned higher on Wednesday as worries about crop prospects in top global exporter Russia sparked a round of short-covering, analysts said.

AAFC ups wheat, canola carryout forecasts
Canadian wheat ending stocks for the 2024-25 marketing year are forecast to be well above earlier expectations, says Agriculture and Agri-Food Canada.