Cash wheat prices across the Canadian Prairies varied the week ended July 18, despite the United States wheat complex being lower. Canada Prairie Red Spring Wheat was mixed, while Canadian Western Red Spring Wheat, and Canadian Western Amber Durum down hard, particularly durum prices.
Prairie Wheat Weekly: Canadian prices drift
U.S. grains: Soybeans bounce from near 4-year low; corn and wheat decline
Chicago Board of Trade (CBOT) soybean futures rose on Thursday on bargain buying and signs of renewed export demand after the most-active contract Sv1 fell to a nearly four-year low in early trading, analysts said.
Feed Grains Weekly: Prices remain lower despite upswing in market
Although prices for barley and wheat have swung higher during the week ended July 18, prices for feed grains fell back.
U.S. grains: Wheat ends higher on bargain buying; corn firm, soy mixed
U.S. wheat futures rose 1.6 per cent on Wednesday on bargain buying one day after a drop in prices to four-month lows appeared to spur fresh export business, traders said.
CBOT Weekly: Market choppy as funds continue to build shorts
Despite a weakened United States dollar on July 17, activity in the grains at the Chicago Board of Trade was choppy, according to broker Ryan Ettner of Allendale Inc. in McHenry, Ill. Added to that, Ettner pointed out the speculative funds resumed accumulating very large short positions in corn and soybeans.
Manitoba crops advancing with warm weather: report
Warmer conditions across Manitoba during the week ended July 16 helped advance crop growth, with recent rainfall leaving most of the province with wet or optimal soil moisture conditions, according to the latest provincial crop report.
U.S. grains: Oversold corn and soy bounce back after lows
Chicago soybean and corn futures firmed on Tuesday after hitting multi-year lows on bargain buying and forecasts for lower harvests in some parts of the world, according to analysts.
U.S. grains: Soybeans near 4-year low; corn, wheat sag on supply prospects
U.S. soybean futures fell to their lowest level in nearly four years on Monday and corn and wheat futures followed the weaker trend as rains bolstered Midwest production prospects and traders worried about demand for big crops, analysts said.
Short position in canola edges lower, while soybeans/corn rise
The managed money short position in canola futures edged lower in the latest data, while bearish bets in soybeans hit their largest level in five years and the net short position in corn set a new record, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Alberta crop conditions steady at 74 per cent good-to-excellent
Warm temperatures helped keep crop conditions well above average in Alberta during the week ended July 9, although heat stress could become a concern without cooler temperatures and more precipitation in the weeks ahead, according to the latest provincial crop report.
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