Chicago | Reuters — Chicago grain and soybean futures declined on Friday as the prospect of rain in drought-stricken Brazil eased crop concerns, while traders exited long positions heading into a shortened U.S. Thanksgiving trading week. Soybeans and corn dipped more than one per cent while wheat fell 0.5 per cent. The most-active soybean contract […] Read more
U.S. grains: Chicago soy, corn slip on improved weather in Brazil
Traders exit long positions ahead of U.S. Thanksgiving week
U.S. grains: CBOT soybeans decline on prospect of rain in Brazil
A large harvest in Brazil could limit global demand for U.S. soybeans says analyst
Chicago soybean futures tumbled on Thursday as the prospect of downpours in Brazil helped offset concerns over hot, dry weather threatening crops in the top exporting nation.
IGC raises world crop projections
If realized, the world wheat crop will the second largest on record
Projected worldwide wheat, corn and soybean production in 2023/24 was raised by the International Grains Council in its latest update, with better-than-expected corn yields in the United States and larger Black Sea wheat crops behind the adjustment.
CBOT weekly outlook: All eyes in Chicago soybeans, corn looking south
Soybeans have been trending higher over the past few weeks, while corn touched two-year lows
Shifting South American weather forecasts will likely keep the soybean and corn markets at the Chicago Board of Trade on edge over the next few months, as crops in Brazil and Argentina develop.
Organic operators down, acreage up: new industry stats
Total organic sales in 2022 was $10.26, billion up from $9.35 billion in 2021
The number of Canadian organic producers and processors fell by nearly 300 in 2022 according to the latest industry stats. “There’s people coming in and there’s people going out,” said Tia Loftsgard, executive director of the Canadian Organic Trade Association (COTA).
U.S. grains: Soybeans hit August high, soymeal climbs on strong demand
U.S. soy crush likely set record monthly high in October
U.S. soybean futures jumped to their highest price since August on Tuesday on concerns about unfavorable crop weather in top supplier Brazil, analysts said. A rally to contract highs in soymeal futures helped lift the soybean market.
U.S. grains: Chicago soy soars on Chinese buying, Brazilian weather
Corn futures rise on U.S. sales to Mexico
Chicago | Reuters — Chicago soybean futures sharply rallied on Monday on Chinese demand and scorching heat in Brazil, where farmers are expected to face crop-stressing temperatures over the next several days. Meanwhile, corn futures rose on technical trading and support from news of Mexico buying U.S. grain — a move up that also gave […] Read more
U.S. grains: Chicago corn slumps on forecast for record-large crop
Crude oil recovery lends some support to grains
Chicago | Reuters — Chicago corn futures posted a third straight weekly decline on Friday, as traders reacted to a government forecast that U.S. farmers will produce a record-large crop this year. Wheat was lower, following corn. Commodity funds hold a sizeable net short position in Chicago wheat futures, leaving the market prone to volatility […] Read more
U.S. grains: Chicago grain, soy futures drop after USDA forecasts
China buys over one million tonnes of U.S. soy
Chicago | Reuters — The Chicago Board of Trade’s most-active corn futures plunged sharply on Thursday after the government reported that U.S. farmers will produce the biggest-ever corn crop this year. The report’s forecast topped trade estimates. The most-active CBOT corn contract at one point dipped to $4.66-1/2, the lowest price since Dec. 30, 2020, […] Read more
Feed weekly outlook: U.S. corn moving into Canadian feedlots
Canada's feed grain exports down on year
MarketsFarm — The steady flow of corn from the United States into Canadian feedlots should keep prices for domestic feed grains under pressure for the foreseeable future. Canada imported 91,100 tonnes of corn from the U.S. during the week ended Nov. 2, taking the marketing-year-to-date total to 221,700 tonnes, according to the latest U.S. Department […] Read more
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