Chicago | Reuters – Chicago soybeans and corn strengthened on Thursday as worries about the August weather forecast in the central U.S. took centre stage. Meanwhile, slow demand and cheap Russian exports pressured wheat as a crop tour in North Dakota forecast high spring yields in the United States, according to analysts. Hot, dry weather […] Read more
U.S. grains: Corn and soybeans rise on hot, dry weather concerns
Feed Weekly: Crops still in ‘relatively good condition’
The hot and dry weather present in much of the Prairies for much of July may not have yet put a dent in production numbers. Matt Beusekom, trader for Market Place Commodities in Lethbridge, Alta., said while the heat is pressuring crops, good harvests are still expected for now. “(The heat) has definitely had an […] Read more
U.S. grains: Chicago grains firm as forecasts call for hot, dry weather
Chicago wheat and corn gained strength on Wednesday as the market monitored a hot, dry spell forecast in parts of North America, but gains were capped by sizeable global supplies.
CBOT Weekly: Weather, fund buying raises prices
Despite the majority of all three major United States crops being in good to excellent condition, hot weather and speculative fund buying have lifted prices at the Chicago Board of Trade (CBOT).
Manitoba Crop Report: Crops grow with additional heat
Warmer conditions helped crops across Manitoba advance in their development during the week ended July 21, according to the province’s weekly crop report.
U.S. grains: Soybeans, corn touch two-week highs on short-covering, weather
The price rally in Chicago Board of Trade (CBOT) corn futures extended into a second day on Tuesday, with the most-active contract Cv1 reaching a two-week high, as traders began to focus on weather-related impacts on the U.S. crop and short-covering, market analysts said.
AAFC makes changes in July estimates
Agriculture and Agri-Food Canada (AAFC) made a handful of changes to its July balance sheet released on July 22, compared to the month before.
U.S. grains: Soybeans rebound as market unwinds some of its ‘Trump trade’
Chicago Board of Trade soybean futures jumped on Monday on a flurry of short covering, with prices rebounding from last week's 2020 lows as traders re-evaluated the U.S. political landscape after U.S. President Joe Biden abandoned his reelection bid on Sunday.
U.S. grains: Wheat rebounds on short covering, global weather worries
Chicago Board of Trade wheat futures climbed on Friday on short-covering and concerns over weather in wheat-growing areas of the U.S. Plains and globally.
U.S. grains: Soybeans bounce from near 4-year low; corn and wheat decline
Chicago Board of Trade (CBOT) soybean futures rose on Thursday on bargain buying and signs of renewed export demand after the most-active contract Sv1 fell to a nearly four-year low in early trading, analysts said.
Cyber-Savvy Farmer
