Chicago | Reuters — U.S. corn futures fell to two-week lows and new-crop soybeans hit a six-month low on Thursday on improving crop weather in the Midwest and news of a deal to restart Ukraine’s Black Sea grain exports, traders said. Wheat futures declined after choppy trade. All three markets fell to the day’s lows […] Read more
U.S. grains: Corn, soy, wheat fall on weather, Ukraine sea pact
IGC's corn outlook lower, wheat outlook up
CBOT weekly outlook: Keep an eye on the weather
Corn, soy seen trending lower
MarketsFarm — As soybeans and corn trend downward on the Chicago Board of Trade, wheat is poised to climb higher, according to Andrew Mages, analyst with Progressive Ag at Fargo, N.D. The weather outlook has called for scattered showers over the next couple of weeks, which will impact crops in some way, he said. “The […] Read more
U.S. grains: Soy, corn futures ease on improving weather
CBOT wheat firms on export news
Chicago | Reuters — U.S. soybean and corn futures fell on Wednesday on forecasts for improving weather in the Midwest, including rains next week that should boost crop production prospects, analysts said. Wheat futures rose as traders awaited the outcome of Egyptian wheat purchase negotiations, as well as talks on a possible deal to boost […] Read more
Sizzling heat stresses livestock, crops in southern U.S. Plains
Chicago | Reuters — Scorching temperatures in the southern U.S. Plains are stressing cattle as well as crops such as cotton, corn and soybeans, meteorologists and traders said on Tuesday. Temperatures were forecast to reach 111 F (44 C) in parts of the Texas Panhandle, a core area for cotton and cattle production. While much […] Read more
South Africa looking at another large corn crop in 2022-23
MarketsFarm — South Africa is reported to be well on its way to producing another 15 million-plus-tonne corn crop in 2022-23, according to the U.S. Department of Agriculture (USDA) attaché in Pretoria. However, it will be far less than the USDA’s current estimate of 17.3 million tonnes. Nevertheless, if the attaché’s forecast were to hold, […] Read more
U.S. grains: Corn, soybeans end lower on crop prospects
Wheat down on cancelled export tender
Chicago | Reuters — U.S. corn futures fell more than two per cent on Tuesday and soybeans also declined on optimism for sizable U.S. crops and some forecasts for rain next week, despite pockets of stress from hot and dry conditions, traders said. Wheat futures finished lower after a choppy session, declining after Egypt’s state […] Read more
Pulse weekly outlook: Manitoba’s crops in ‘better situation’ than last year
Lost acreage still a question mark
MarketsFarm — Despite varied amounts of rainfall across the southern half of Manitoba over the past few weeks, pulses are faring quite well according to the province’s pulse specialist. Dennis Lange, who’s based at Altona, said while peas in fields with excessive moisture are struggling, those grown in adequate moisture and lighter soils are in […] Read more
U.S. grains: Corn, soy, wheat up on broad commodity strength
Crop-stressing dry heat expected in Midwest
Chicago | Reuters — U.S. corn, soybeans and wheat futures rose on Monday in response to worries about potentially stressful hot weather in the Midwest and Europe, coupled with bullish sentiment in crude oil and a weaker dollar, analysts said. Chicago Board of Trade benchmark December corn settled up seven cents at $6.10-3/4 per bushel, […] Read more
U.S. grains: CBOT wheat hits five-month low
Corn, soy firm on U.S. weather outlook
Chicago | Reuters — Chicago Board of Trade wheat futures tumbled to a five-month low on Friday, with hopes for a pick-up in exports from war-torn Ukraine threatening the recent gains made in demand for U.S. supplies, traders said. Corn futures firmed again, their seventh gain in the last eight sessions, on concerns about hot […] Read more
U.S. grains: Wheat futures extend losing streak
Soybeans weak, corn firm
Chicago | Reuters — U.S. wheat futures fell for the fourth straight day on Thursday on optimism about a deal that could lead to the resumption of Ukrainian Black Sea grain exports, traders said. Corn futures rose for the sixth time in seven sessions on growing concerns about hot weather stunting crop development in the […] Read more
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