Reading Time: 3 minutes Many ingredients went into the mix that resulted in the extraordinary success of agriculture in feeding a growing population. There’s the ability of farmers to constantly learn and increase their management skills. There are also vast improvements in technology – mechanical, digital and biological – that have come from researchers in both private companies and […] Read more
Keep balance in research funding
Declining federal government funding means others must fill in to fill the gap
CBOT weekly outlook: Prices for U.S. soybeans, corn where they should be
USDA report calls for tightest soy carryout in eight years
MarketsFarm — There have been no surprises in the price movement for U.S. soybeans and corn on the Chicago Board of Trade following the release of the U.S. Department of Agriculture’s monthly supply and demand report. “This was a case [for soybeans] where the trade expected even tighter ending stocks. That 220 million bushels matched […] Read more
U.S. grains: Wheat rallies on Black Sea tensions
Corn prices follow wheat higher, soy gains as traders eye crop yields
New York | Reuters — Wheat futures on the Chicago Board of Trade (CBOT) rose for a second straight session on Wednesday, as Russia reported Ukrainian strikes on a naval base in the grain-rich Black Sea region and Kyiv said its grain exports dropped sharply. Kyiv said on Wednesday more than 100 of its port […] Read more
USDA adjusts soy, corn outlooks in September report
U.S. wheat usage, carryout estimates shift
MarketsFarm — The U.S. Department of Agriculture made a number of slight changes to its forecast on soybeans and corn for 2023-24, while keeping its domestic wheat numbers from August. USDA on Tuesday issued its monthly world agricultural supply and demand estimates, adjusting its forecast on this year’s soybean yields at 50.1 bushels per acre, […] Read more
U.S. grains: Futures sharply lower on U.S. harvest outlook
Wheat bounces on smaller-than-expected world stocks forecast
New York | Reuters — Chicago soybeans plummeted to a three-week low and corn sharply dropped on Tuesday after a government report said crops were not hampered as much as some traders had expected by hot and dry summer weather. The U.S. Department of Agriculture raised its outlook for the corn harvest, as expectations for […] Read more
U.S. grains: Corn choppy, wheat hits new contract low
Market eyes USDA's monthly supply-demand report for price direction
Chicago | Reuters — Chicago corn futures were choppy and wheat futures slid to the lowest level since May on Monday as traders scrambled to adjust their positions ahead of a key government crop report. Corn futures firmed late in the session on short-covering, and as market players debated how big the cuts to the […] Read more
U.S. grains: Wheat hits three-month low
Soy sets two-week low before U.S. crop report
Chicago | Reuters — Chicago Board of Trade wheat futures hit their lowest price in more than three months on Friday, while soybean futures rose from a two-week low as traders waited for updated U.S. crop data. Trading was choppy and subdued before the U.S. issues its monthly world agricultural supply and demand estimates (WASDE) […] Read more
Feed weekly outlook: Harvest pressure keeps lid on prices
Domestic prices seen weighing on corn imports
MarketsFarm — As the harvest continued across the Canadian Prairies, pressure kept feed grain prices largely in check, according to Crystal Leitch of Market Master Ltd. in Edmonton. “We don’t see things changing too much because pricing is not what it was. There’s some hope that pricing is going to come back up, whether it […] Read more
U.S. grains: Soy futures stumble as trade awaits harvest, crop data
U.S. corn harvesting starts early in some areas
Chicago | Reuters — U.S. soybean futures fell on Thursday as grain traders waited for farmers to harvest their fields and the government to release updated crop estimates next week. Most-active soybean futures ended down 16-3/4 cents at $13.59-1/2 a bushel at the Chicago Board of Trade (all figures US$). CBOT wheat futures declined 9-1/4 […] Read more
Feed testing gives clearer picture
Reading Time: < 1 minute When you don’t know the quality of your livestock feed, maintaining animal health and welfare can become significantly more difficult, says the Beef Cattle Research Council. Visual assessment of feedstuffs is not accurate enough to access quality and may lead to cows being underfed and losing body condition, or wasting money on expensive supplements that […] Read more
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