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Cereals


Photo: Scharfsinn86/Getty Images
Markets

Prairie Wheat Weekly: Reds are up, while amber is mixed

By Glen Hallick Marketsfarm August 30, 2024
Cash wheat prices for Canada Prairie Red Spring Wheat and Canadian Western Red Spring Wheat were higher for the week ended Aug. 29, while those for Canadian Western Amber Durum were mixed.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybeans, corn rebound on renewed US export demand

By Heather Schlitz, Reuters August 29, 2024
Chicago soybean and corn futures rose on Thursday on short-covering and an uptick in export demand, though expectations for strong U.S. crop production limited gains, traders said.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. livestock: Live cattle futures fall on consumer demand questions

By Heather Schlitz, Reuters August 28, 2024
Chicago Mercantile Exchange (CME) live cattle futures fell on Wednesday as boxed beef cutout values turned lower ahead of the U.S. Labor Day holiday on September 2, when many Americans light up their grills, traders said.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets

CBOT Weekly: Wheat set to increase, as soybeans, corn to recede

By Glen Hallick Marketsfarm August 28, 2024
While the general direction for soybeans and corn on the Chicago Board of Trade is to continue moving lower, United States wheat was on the rise and is to remain so in the coming weeks, according to a trader.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybeans and corn ease on rain forecasts

By Heather Schlitz, Reuters August 28, 2024
Chicago soybean and corn futures stumbled on Wednesday as traders assessed whether beneficial rain and forecasts for milder weather will aid the country's corn and soy crops during their final growing stages, analysts said.

File photo of grain bins in Saskatchewan. (Chinaface/iStock/Getty Images)
Crops, Markets

StatCan field crops report numbers fairly acceptable says analyst

By Glen Hallick Marketsfarm August 28, 2024
Statistics Canada’s production estimates in its principal field crops report issued Aug. 28, came in better than expected according to MarketsFarm analyst Mike Jubinville. While Jubinville thought StatCan might peg the 2024/25 canola crop at around 20 million tonnes, the federal agency placed their call at 19.50 million, while a poll by Reuters expected 19.20 million.


The Canadian Grain Commission said Aug. 28 both dealer and primary elevator licences at Purely Canada Foods’ Saskatchewan facilities in Avonlea, Kindersley and Lajord had been pulled and farmers in all three prairie provinces could be owed money. | Screencap via youtube.com/Purely Canada Foods
News

Grain commission revokes Purely Canada licence 

By Karen Briere August 28, 2024
The Canadian Grain Commission has revoked the licences of Purely Canada Foods.

 Photo: E+/Getty Images
Crops, Markets

Manitoba crop report: Harvest advances

By Glen Hallick Marketsfarm August 28, 2024
Manitoba Agriculture said the provincewide harvest was at eight per cent complete, according to the department’s latest crop report released on Aug. 27.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Corn and wheat rise on hot weather, fall in crop ratings

By Renee Hickman, Reuters August 27, 2024
Chicago Board of Trade corn, soybean and wheat futures strengthened on Tuesday, as a spell of hot weather hit the U.S. Midwest and the market took in weekly crop ratings from the U.S. Department of Agriculture, which all fell from last week.

Photo: iStock
Crops, Markets

Little faith in accuracy of August StatCan report

By Glen Hallick Marketsfarm August 27, 2024
There appears to be very little credibility that will be given to Statistics Canada’s principal field crop report to be issued on Wednesday. The concerns among analysts and brokers include the timing of the report and the use of satellite imagery.


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