Chicago | Reuters — U.S. soybean futures set a one-month high on Thursday on robust export demand coupled with short covering and strength in cash markets, traders said. Corn followed the firm trend, drawing additional support from strength in other commodities, including crude oil. The 19-market Thomson Reuters CoreCommodity Index was up 0.2 per cent […] Read more
U.S. grains: Soy hits one-month top on export demand
U.S. grains: Soy steadies after tumbling on higher crop estimate
Chicago | Reuters — U.S. soybeans firmed on Wednesday in a light technical rebound one day after the U.S. Department of Agriculture surprised analysts by raising its estimates of the U.S. corn and soybean yields. Corn futures ended flat while wheat was modestly higher, paring gains after the Chicago Board of Trade December contract hit […] Read more
U.S. grains: Corn falls after USDA raises yield estimate
Chicago | Reuters — Chicago corn futures fell 1.7 per cent on Tuesday, the biggest drop for a most-active contract in nearly a month, after the U.S. Department of Agriculture raised its 2017 corn yield forecast, bucking most trade expectations for a reduction. Soybean futures fell after the USDA surprised analysts by hiking its U.S. […] Read more
U.S. grains: Wheat lower on hefty global stocks
Chicago | Reuters — U.S. wheat futures dipped to a one-week low on Monday as swelling harvest supplies in the Black Sea export region hung over a subdued market a day ahead of closely watched U.S. government crop forecasts. Soybean futures also declined, while corn edged higher in choppy trade. Chicago Board of Trade December […] Read more
Alberta harvest reaches 32 per cent, some areas behind five-year average
Alberta crop conditions as of September 5
Reading Time: 2 minutes Harvest operations continue to benefit from the warm, dry weather which has encompassed much of the province. Light precipitation did fall in northerly regions but amounts were small causing minimal delays. Harvest progress has advanced to 32 per cent of the province completed primarily on the progress in the South and Central regions. Harvest progress […] Read more
U.S. grains: Corn, wheat post small gains
Chicago | Reuters — U.S. corn and wheat futures firmed slightly on Friday, supported by a round of end-of-week bargain buying after posting sharp declines on Thursday, traders said. Soybeans weakened on technical pressure after the market threatened, but failed to break through a four-week high hit on Thursday. Strong export demand limited the declines. […] Read more
U.S. grains: Corn, soybean, wheat futures weaken
Chicago | Reuters — U.S. corn futures on Thursday sagged 1.7 per cent on technical selling and expectations of a U.S. bumper harvest that would enlarge the already massive global supply of the grain, traders said. Wheat and soybean futures also posted lower closes. Wheat faced pressure from weak worldwide demand for U.S. supplies and […] Read more
U.S. grains: Corn hits two-week high
Chicago | Reuters –– U.S. corn futures hit a two-week high on Wednesday on a mix of short-covering and worries about the pace of U.S. crop maturity, traders said. Soybeans and wheat futures also posted modest advances. Chicago Board of Trade December corn futures settled up 2-1/2 cents at $3.61 per bushel after reaching $3.62, […] Read more
Traders look to new crop following StatsCan stocks estimates
CNS Canada — Canadian canola stocks were relatively tight at the close of the 2016-17 crop year, which should be underpinning the market as the trade works to get a better handle on new-crop production. In a report released Wednesday, Statistics Canada pegged Canadian canola supplies as of July 31 at 1.35 million tonnes, compared […] Read more
U.S. grains: Soy rises on technicals, dry forecast
Chicago | Reuters — U.S. soybean futures hit a 3-1/2-week high on Tuesday on technical buying and forecasts for dry weather in the Midwest that could threaten late-season yield prospects, analysts said. Corn and wheat futures followed the higher trend. Chicago Board of Trade November soybean futures settled up 19 cents at $9.68-1/2 per bushel […] Read more