U.S. soybean futures fell about 1.5 per cent on Thursday on disappointing weekly U.S. export sales data coupled with strong competition from Brazil, where the soy harvest is expanding, traders said.
U.S. grains: Soybeans slide on disappointing US export data; corn also down
Demand for U.S. soy hampered by strong competition from Brazil, China's economic woes
Familiar faces loom large in new Alberta Grains board of directors
Inaugural board announced at organization AGM
Reading Time: 2 minutes The newly-formed Alberta Grains has elected an inaugural board of directors consisting of several faces that will be familiar to former Alberta Wheat and Alberta Barley commission members. The new board – elected at Alberta Grains’ annual general meeting January 31 – includes Tara Sawyer of Acme as chair, Scott Jesperson of Spruce Grove as […] Read more
CBOT weekly outlook: Downturn continues for grains
Early harvest reports from South America could affect prices
March grain futures at the Chicago Board of Trade (CBOT) were in decline during the week ended Jan. 31 despite receiving a boost on Jan. 30.
U.S. grains: Wheat futures sag; corn, soybeans hover near multi-year lows
South American rainfall, Chinese demand, good production outlook for U.S., Russian wheat weighing on prices
U.S. wheat futures fell on Wednesday on technical selling and spillover weakness from European wheat markets amid thin export demand, while corn and soybeans stabilized after setting multi-year lows a day earlier.
Planter and seed drill join forces
Horsch has created a concept to bring the advantages of a planter to smaller-seeded crops
Reading Time: 2 minutes Glacier FarmMedia – Is it a planter or a drill? If a concept machine created by Horsch eventually comes to the market, someone might have to invent a new category. “We’re trying to mix and trying to get the best of both worlds, which is a seed drill and a corn planter,” said Laurent Letzler, […] Read more
U.S. grains: Corn, soybeans close higher, rebounding after multiyear lows
Wheat followed the firm trend, bouncing after a slide to one-week lows
U.S. corn and soybean futures rallied on Tuesday, closing higher on a round of bargain buying after both commodities fell to multiyear lows, although supportive news about supply and demand was lacking, analysts noted.
Argentina wheat harvest ends up 24 per cent year over year
Low prices dent economic impact
Argentine farmers have closed the 2023/24 wheat campaign with a harvest of 15.1 metric tons, slightly lower than initially hoped for but up nearly a quarter versus the drought-hit previous season, the Buenos Aires grains exchange said on Tuesday.
U.S. grains: Soy hits 2-yr lows on South American crop prospects, demand worries
Chinese demand less certain as real estate crisis deepens there
U.S. soybean futures fell to two-year lows below $12 a bushel on Monday, pressured by improving prospects for large South American harvests and worries about demand as top global soy buyer China struggles with a real estate crisis, analysts said.
Grain quality reports available
Reading Time: < 1 minute The Canadian Grain Commission full quality reports for CWRS, CWAD and CPSR wheats are now available and in a new format. These reports now feature new quality summaries, more visual charts and graphs and additional resources. The quality of the CWRS crop was excellent, with more than 97 per cent of the crop being in […] Read more
U.S. grains: Soybeans, corn pressured by South American supply prospects
Outlooks for large soy and corn crops in Argentina, optimism about Brazil's harvest set the tone
U.S. soybean futures sank to a one-week low on Friday and corn fell more than 1 per cent as traders focused on improving prospects for South American harvests, analysts said.