Oats futures at the Chicago Board of Trade (CBOT) rose to their highest levels in five months in early May as strength in wheat provided support.

Oat prices rise to five-month highs

Feed Grain Weekly: A bearish market, especially in southern Alberta
Sufficient supplies of domestic barley and wheat along with the ongoing influx of corn from United States, have continued to keep a lid on feed grain prices on the Canadian Prairies. That’s especially so in southern Alberta, according to Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.

Argentine grains ports and crushing plants idled due to general strike
Argentine grains ports and soybean crushing plants in the area surrounding the major Rosario hub are standing idle due to a nationwide strike launched on Thursday, the head of the major grains exporting nation's oilseed export chamber said.

U.S. grains: CBOT grains, soybean futures end lower ahead of USDA reports
Chicago Board of Trade wheat futures fell on Wednesday despite weather risks in top exporter Russia, highlighting the size of its supply as the country continues to dominate global export markets.

CBOT Weekly: Focus on weather interrupted by USDA report
A grain rally at the Chicago Board of Trade (CBOT) during the week ended May 8 has seemed to run out of steam.

Manitoba seeding progress made, but behind average pace
Planting progress in Manitoba advanced a little bit during the week ended May 7, with four per cent of the province’s crops in the ground. With the bulk of the seeding in the central region, that’s up two points from the previous week but five behind the five-year average.

Thunder Bay grain shipments up to start season
Grain shipments out of the Port of Thunder Bay are running well ahead of average through the first few weeks of the 2024 shipping season.

China approves first gene-edited wheat in step to open up GM tech to food crops
China has approved the safety of gene-edited wheat for the first time as Beijing cautiously moves forward with commercial growing of genetically modified food crops.

Brazil floods hit food silos, disrupt routes to major grains port
Heavy flooding in southern Brazil has hit food storage facilities in lower areas while hampering the shipping of grains to port, jeopardizing the nation's exports and wreaking havoc to the economy of Rio Grande do Sul state, a large soy, rice, wheat and meat producer.

U.S. grains: Chicago grains back off highs on weather outlook, USDA data
Chicago wheat fell on Tuesday from peaks not seen since December, while corn eased from four-month highs as investors gauged the impact of harsh weather in some major production zones.