Chicago | Reuters — U.S. soybean futures rose slightly on Wednesday, reflecting a slowdown in the Midwest harvest as rains stalled fieldwork and weak cash values discouraged farmer selling, analysts said. Wheat futures fell on technical selling and corn was modestly lower. Chicago Board of Trade November soybeans settled up three cents at $9.58-1/4 per […] Read more
U.S. grains: Soy firm as farmer selling eases
U.S. grains: Corn nears one-week low as harvest weighs
Chicago | Reuters — U.S. corn futures sagged to their lowest level in nearly a week on Tuesday, pressured by the ongoing harvest and softening cash markets, analysts said. Soybeans ended lower after a choppy, seesaw session while wheat futures firmed in a light technical bounce following a three-session sell-off. The Chicago Board of Trade […] Read more
U.S. grains: Soy, corn fall on big harvest forecasts
Chicago | Reuters — U.S. soybean and corn futures fell by over one per cent on Monday on expectations of large harvests that should more than meet demand, adding to hefty inventories, traders said. Wheat futures also fell, with the spot Chicago Board of Trade contract nearing a two-week low, as traders continued to digest […] Read more
Weather slows harvest progress, falls behind five-year average
Alberta crop conditions as of September 26
Reading Time: 2 minutes Minimal harvest progress was made this week as cool temperatures and light to moderate precipitation affected crop dry down. Heavy frost was reported across much of the South region which had been missed previously. Harvest completion is estimated at 60 per cent in the bin, up four percentage points from last week, but falling behind […] Read more
U.S. grains: Wheat futures slide on larger-than-expected crop view
Chicago | Reuters — U.S. wheat futures fell Friday, with Minneapolis Grain Exchange (MGEX) spring wheat tumbling more than three per cent after the U.S. Department of Agriculture surprised traders by raising its estimate of the U.S. spring wheat crop, despite a summer drought. Soybean and corn futures rose roughly one per cent each on […] Read more
U.S. grains: Soy at two-week low on harvest, pre-report adjustments
Chicago | Reuters — U.S. soybean futures fell to a two-week low on Thursday on pressure from the expanding U.S. harvest and technical selling a day ahead of key U.S. government crop reports, analysts said. Wheat and corn followed the lower trend as traders adjusted positions ahead of the U.S. Department of Agriculture’s small grains […] Read more
U.S. grains: Wheat rises to one-month top on technical buying
Chicago | Reuters — Chicago wheat futures set a one-month high Wednesday on technical buying and worries about dry conditions in the Midwest that helped the market rally after a weak start, traders said. Corn and soybeans also turned up, shaking off early pressure tied to the expanding harvest of both crops in the U.S. […] Read more
U.S. grains: Soy down on harvest, worries about biodiesel
Chicago | Reuters — U.S. soybean futures fell to a one-week low on Tuesday on technical selling combined with better-than-expected yield reports from the Midwest, analysts said. Wheat and corn futures followed the weak trend, with wheat retreating after climbing to a one-month high. Chicago Board of Trade November soybeans settled down 7-3/4 cents at […] Read more
U.S. grains: Soybeans sag as harvest gets rolling
Chicago | Reuters — U.S. soybean futures fell about 1.3 per cent on Monday as anecdotal reports of better-than-expected yields from the early harvest in the Midwest began to trickle in, traders said. Wheat futures turned higher on fund short-covering ahead of a key U.S. government crop report on Friday while corn was little changed. […] Read more
Killing frost finds crops in the north, harvest 56 per cent complete
Alberta crop conditions as of September 19
Reading Time: < 1 minute Cooler weather has moved into the province bringing precipitation and frost to most areas. Precipitation in amounts of light showers in the South to rain in the Northern regions and the Peace has slowed harvest progress. Killing frosts below minus 2 Celsius were experienced across much of the province (view map at link below). Yield […] Read more