Chicago | Reuters — U.S. soybean futures closed slightly firm on Thursday, supported by hopes that stepped-up exports to Europe would make up for business lost in a trade fight with China, traders said. Corn futures also settled in positive territory while wheat was mostly lower, weighed down by technical selling. Soybeans, corn and wheat […] Read more
U.S. grains: Soy, corn futures close firm
U.S. grains: Wheat near limit-up on yield concerns
Chicago | Reuters — U.S. wheat futures surged on Wednesday, supported by concerns about crop shortfalls in key production areas around the globe, traders said. The strength in wheat lifted corn futures to their highest in more than three weeks. Corn also received support from concerns about dry conditions limiting harvest yields in parts of […] Read more
U.S. grains: Soy jumps as U.S. readies aid for farmers
Chicago | Reuters — U.S. soybean futures climbed to two-week highs on Tuesday as the Trump administration said it would provide up to US$12 billion in aid to shield U.S. farmers from economic pain stemming from trade disputes. The program will include direct payments for farmers, and those who grow soybeans are expected to be […] Read more
U.S. grains: Wheat retreats after nearing six-week peak
Chicago | Reuters — U.S. wheat futures pulled back on Monday after approaching a six-week high on concerns about dry weather eating into harvests in some of the world’s main exporting countries. Corn futures advanced for the sixth consecutive session to reach their highest prices in three weeks, while soybeans neared a two-week high before […] Read more
U.S. grains: Wheat up on technical buying, export hopes
Chicago | Reuters — U.S. wheat futures sailed to their highest prices in more than a month on Friday on technical buying and expectations for increased U.S. exports as poor crop weather hurts harvests in other countries. Corn and soybean futures each advanced for the fifth straight day. Traders focused on dry weather reducing harvest […] Read more
U.S. grains: Markets rise on corn export demand, crop worries
Chicago | Reuters — U.S. grain futures rose on Thursday on strong demand for corn and worries that harvests may be smaller than expected due to unfavourable global weather. Soybean futures shook off early losses to end higher despite concerns about the ongoing trade battle with China, the world’s top buyer of the oilseed. Last […] Read more
U.S. grains: Markets set one-week highs on export hopes, weather woes
Chicago | Reuters — U.S. grain and soybean futures touched their highest prices in about a week on Wednesday, as agricultural markets stabilized following recent drops to contract lows. Hopes for increased U.S. commodity export demand helped support soy prices after the market fell to a 10-year low on Monday amid widespread concerns about the […] Read more
U.S. grains: Soy, corn rise on decline in crop conditions
Chicago | Reuters — U.S. soybean and corn futures rose on Tuesday as lower-than-expected crop ratings and increased hopes for a resolution to the U.S.-China trade battle helped to extend a recovery from sharp losses last week. The markets advanced after the U.S. Department of Agriculture said on Monday that 69 per cent of the […] Read more
U.S. grains: Soy rises from 10-year low set on trade war
Chicago | Reuters — U.S. soybean futures jumped on Monday after dropping to their lowest prices in a decade earlier in the session, as the U.S.-China trade dispute looms over agricultural markets. Technical buying helped soybeans to recover after the most-active contract lost more than five per cent last week, traders said. The trade dispute […] Read more
Crop conditions slide as soil moisture dwindles in some areas
Alberta crop conditions as of July 10, 2018
Reading Time: 2 minutes Precipitation over the past month has been very spotty across the province, resulting in variable soil moisture reserves and crop conditions. Crop condition ratings are down from a week ago for all regions, but still higher than the short and long term averages in the North East, North West and Peace Regions. For the Southern […] Read more