Chicago | Reuters — U.S. soybean futures slid to fresh lows on Friday and the most-active contract closed at the lowest in nearly a decade after a government report reinforced concerns that the trade dispute with China will dent exports and lead to a build-up in stocks. Corn futures followed soybeans lower, with additional pressure […] Read more
U.S. grains: Soy sinks to new lows as trade war seen swelling supply
U.S. spring wheat, durum expected to surge
CNS Canada — Data released today from the U.S. National Agricultural Statistics Service showed large expected increases in spring wheat and durum production this year. Spring wheat production in the country, not including durum, is forecast at 614 million bushels, up 48 per cent from 2017. Of that, 584 million bushels, or 95 per cent […] Read more
U.S. grains: Soybeans bounce after hitting new lows on trade war fears
Chicago | Reuters — U.S. soybean futures fell to contract lows on Thursday after the U.S. Department of Agriculture said a trade war with China would curb exports and swell supplies, but the market clawed back those losses late in the session in a short-covering bounce. Corn rallied from earlier contract lows as USDA, in […] Read more
U.S. grains: Soybeans end near decade low as trade war deepens
Chicago | Reuters — U.S. soybean futures dropped to contract lows on Wednesday and the most active contract closed at the lowest in nearly 10 years as an escalating trade war with China stoked worries about long-term export demand from the world’s top importer of the oilseed. Favourable crop weather in the U.S. Midwest weighed […] Read more
U.S. grains: Corn hits contract lows on favourable weather
Chicago | Reuters — U.S. corn futures fell to contract lows on Tuesday on forecasts for crop-boosting rain and milder temperatures in the heart of the U.S. corn belt, with three-quarters of the nation’s crop already in good-to-excellent shape. Wheat futures tumbled more than three per cent on dull export demand and improving spring wheat […] Read more
U.S. grains: Soybeans fall on China trade woes, good crop weather
Chicago | Reuters — U.S. soybean futures retreated on Monday, giving up more than half of their gains from a bargain-buying rally before the weekend as investors weighed the impact of reduced Chinese demand following Beijing’s tariffs on U.S. supplies. Improved growing conditions in the U.S. Midwest also weighed on soybeans and corn before weekly […] Read more
Crops improve in South, Central Alberta, other regions see declines
Alberta crop conditions as of July 3, 2018
Reading Time: < 1 minute The province endured some erratic weather this past week ranging from strong winds, a little hail, some cooler than normal temperatures and random rainfall. At this time there is standing water in some fields while others are parched. Recent rainfalls have contributed to an overall increase in surface soil moisture rated as good or better, […] Read more
U.S. grains: Soy rises but fears persist over China trade fight
Chicago | Reuters — U.S. soybean futures surged on Friday as the market recovered a day after nearing a decade low on concerns over the escalating trade war with China. Prices climbed as the U.S. implemented tariffs on $34 billion in Chinese imports and Beijing said it would retaliate with planned duties on products, including […] Read more
U.S. grains: Soybeans down as China tariffs loom
Chicago | Reuters — U.S. soybean futures fell to contract lows and closed at their lowest in 2-1/2 years on Thursday ahead of a tit-for-tat trade tariff battle with China that is set to raise duties on U.S. shipments to the world’s top importer of the oilseed. Grains were higher, however, led by surging wheat […] Read more
U.S. grains: Wheat, corn gain on weather worries
Chicago | Reuters — U.S. wheat futures rebounded on Tuesday from the steepest percentage decline in nearly a year during the previous trading session on worries about weather-reduced crops in several key production areas around the world. Corn futures bounced from the prior session’s contract lows on caution over stressful weather in a crucial month […] Read more