Hot and dry weather saw crop conditions decline across much of Western Canada over the past month, with the latest model-based production estimates from Statistics Canada showing downward revisions in both canola and wheat production from the August report.
StatCan revises canola production lower
U.S. grains: CBOT wheat hits 12-week peak on Black Sea tensions
Chicago Board of Trade wheat futures reached a 12-week high on Friday as escalating tensions in Russia's war with Ukraine increased uncertainty about Black Sea exports.
U.S. grains: Corn ends higher despite USDA raising US yield outlook
Chicago Board of Trade corn futures ended higher on Thursday, rebounding from a drop to near two-week lows after the U.S. Department of Agriculture (USDA) raised its estimate of the U.S. corn crop, traders said.
USDA’s September numbers meet trade expectations
Coming within market expectations was essentially the central theme in the September supply and demand report (WASDE) from the United States Department of Agriculture released on Sept. 12.
La Niña weather 71 per cent likely to develop in Sept-Nov, says US forecaster
There is a 71 per cent chance of La Niña weather conditions developing during the September to November period, a U.S. government forecaster said on Thursday.
U.S. grains: Wheat climbs to one-week high; soy, corn firm ahead of USDA data
U.S. wheat futures hit a one-week high on Wednesday, supported by signs that supply pressure from the Black Sea export region may be easing, analysts said.
Trade expects mixed bag in WASDE report
The Chicago Board of Trade (CBOT) will be focusing on the monthly World Agricultural Supply/Demand Estimates (WASDE) from the United States Department of Agriculture (USDA) on Sept. 12.
Louisiana energy hubs, crop exports disrupted ahead of Hurricane Francine
Energy production and agricultural exports out of the U.S. Gulf of Mexico were disrupted, and oil refineries in Louisiana slowed operations ahead of Hurricane Francine's landfall later on Wednesday, according to official and operator reports.
Manitoba harvest advances with co-operative weather
Harvesting in Manitoba reached 40 per cent complete according to the latest crop report from the provincial agriculture department on Sept. 10. The central region was furthest along a 51 per cent finished, followed by the eastern region at 47 per cent done, the southwest at 38 per cent, the Interlake at 34 per cent and the northwest at 25 per cent.
U.S. grains: Soybeans to 1-week low on better-than-expected crop ratings
Chicago soybean futures fell to a one-week low on Tuesday, with the benchmark contract Sv1 retreating back under $10 a bushel as better-than-expected U.S. crop ratings bolstered production prospects and eased worries about recent dry weather.