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(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Wheat rises on Black Sea tensions, but off three-week peak

By Heather Schlitz, Reuters, GFM Network News March 25, 2024
Chicago Board of Trade (CBOT) wheat futures settled up on Monday, but fell short of the three-week high that prices hit early in session.

Photo: Getty Images
Markets, Reuters

U.S. grains: Soybeans slide on profit taking; wheat climbs

By Heather Schlitz, Reuters, GFM Network News March 22, 2024
Chicago Board of Trade soybean futures fell more than one per cent on Friday to below $12 a bushel on profit taking a day after the benchmark contract neared a two-month high as farmer soy sales and the dollar's surge added to bearish sentiment, analysts said.


File photo of barley being loaded off the combine. (Collab Media/iStock/Getty Images)
General, Reuters

EU plans to hit Russia, Belarus grain imports with tariffs

Commission aims to curb Russian income, prevent market distortions, placate farmers

By Philip Blenkinsop, Reuters, GFM Network News March 22, 2024
The European Commission proposed on Friday imposing tariffs on imports of grain from Russia and Belarus in an attempt to prevent Moscow and its ally from distorting EU markets and placate farmers who have protested for months over cheap imports.

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

U.S. grains: Soybean futures set 2-month top; corn, wheat inch higher

By Heather Schlitz, Reuters, GFM Network News March 21, 2024
Chicago Board of Trade (CBOT) soybean futures surged to a two-month high on Thursday as worries about threatening weather in Argentina triggered speculative buying and short-covering, analysts said, but the market pared gains after the rally spurred a round of farmer sales.


(Photo courtesy Canada Beef Inc.)
Markets

Seasonal trends underpinning feed grains for now

By Phil Franz-Warkentin, GFM Network News March 21, 2024
Feed barley bids in Western Canada continue to find some support as the calendar turns to spring, with seasonal road restrictions lending some nearby support to prices.

Photo: JJ Gouin/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Soybeans climb back above $12 a bushel while wheat stumbles

By Heather Schlitz, Reuters, GFM Network News March 20, 2024
Chicago Board of Trade (CBOT) soybean futures jumped two per cent on Wednesday, climbing back above $12 a bushel as commodity funds appeared to cover short positions, brokers said, while news of fresh U.S. soybean export sales and excessive rains in Argentina lent support.


Photo: fotokostic/iStock/Getty Images Plus
Markets

Rangebound outlook for CBOT soybeans/corn in short-term

By Phil Franz-Warkentin, GFM Network News March 20, 2024
Soybean and corn futures at the Chicago Board of Trade have both shown some strength over the past week but should be expected to hold relatively rangebound in the short term ahead of acreage data due out at the end of the month, according to an analyst.

Photo: Thinkstock
Crops, Markets

Tightening canola ending stocks for 2024/25: AAFC

By Phil Franz-Warkentin, GFM Network News March 20, 2024
Canadian canola ending stocks will likely be tighter by the close of the upcoming 2024/25 marketing year, while the wheat carryout should rise, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released March 19.


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

U.S. grains: Wheat, corn tick up on short covering; soybeans falter

By Heather Schlitz, Reuters, GFM Network News March 19, 2024
Chicago Board of Trade (CBOT) wheat and corn futures strengthened on Tuesday on technical moves as traders seek to unwind short positions ahead of uncertain springtime weather and upcoming U.S. Department of Agriculture reports, analysts said.

Photo: Thinkstock
General, Reuters

China expands list of GM soybean, corn variety approvals

By Reuters, GFM Network News March 19, 2024
China has approved 27 genetically modified corn seed varieties and 3 GM soybean varieties, expanding its list of approvals as it aims to increase the development and planting of high-yielding crops.


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