Chicago | Reuters — U.S. wheat futures rose on Wednesday, rebounding from a near two-month low with support from a broad rally in commodities and Wall Street equities tied to optimism that the coronavirus epidemic will be contained, traders said. Corn and soybean futures also advanced. Chicago Board of Trade March wheat settled up 5-1/2 […] Read more
U.S. grains: Wheat rallies from near two-month low
U.S. grains: Wheat sags on adequate world supplies, fund selling
Corn follows wheat lower; soy flat
Chicago | Reuters — U.S. wheat futures fell to a seven-week low on Tuesday as signs of adequate global supplies and softening world cash prices triggered a round of what appeared to be fund-driven long liquidation, analysts said. Corn futures also fell while soybeans ended flat to fractionally higher after the U.S. Department of Agriculture […] Read more
U.S. grains: Soybeans up as China pledges to fulfill purchases
Chicago | Reuters — U.S. soybean futures rose for a sixth straight session on Monday on expectations that Beijing will meet the purchasing targets agreed in the Phase One trade deal with Washington, although concerns about the coronavirus outbreak in China capped gains. The most active soybean futures contract on the Chicago Board Of Trade […] Read more
Prairie cash wheat: Lower loonie strengthens bids
MarketsFarm — Wheat bids in Western Canada for the week ended Thursday were up for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat. Bids for Canada Western Amber Durum (CWAD) were steady to higher. The Canadian dollar was down by approximately four-10ths of a cent during the week, which provided support […] Read more
U.S. grains: Wheat, corn up on technical buying, export optimism
Soybean traders remain cautious
Chicago | Reuters — U.S. corn and wheat futures rose on Thursday on chart-based buying and short-covering coupled with optimism about prospects for U.S. agricultural export sales to China, traders said. Soybean futures firmed but trailed the advances in grains. Chicago Board of Trade March corn settled up 4-1/4 cents at $3.83-1/2 per bushel after […] Read more
GFO quits Grain Growers of Canada
Grain Farmers of Ontario flags national group's 'governance' and structure
Grain Farmers of Ontario has dropped out of Grain Growers of Canada. The Ontario organization, which represents about 28,000 barley, corn, oat, soybean and wheat farmers in the province, cited a lack of representation in the national policy group. GFO publicly announced its withdrawal in a news release on Thursday, days after it informed the […] Read more
U.S. grains: Corn, wheat slide on strong dollar, export uncertainty
Chicago | Reuters — Chicago wheat and corn futures fell on Thursday as a strengthening dollar dampened U.S. export prospects and traders continued to wait for signs of China buying agricultural goods, analysts said. Soybean futures eked out a modest advance. Chicago Board of Trade March corn settled down 1-1/2 cents at $3.79-1/4 per bushel […] Read more
U.S. grains: Soybeans rise for third session
Chicago | Reuters — U.S. soybean futures rose modestly on Wednesday as strength from global equity markets and soyoil futures offset worries about export demand for U.S. oilseeds, traders said. Wheat futures firmed on technical buying. But corn drifted lower in rangebound trade as uncertainty about demand hung over the market. Chicago Board of Trade […] Read more
U.S. grains: Soybeans, corn end higher
Chicago | Reuters — U.S. grain and soybean futures firmed on Tuesday, supported by a broad rebound in equity markets following losses sparked by a coronavirus outbreak in China, analysts said. Worries about harvest delays in Brazil’s soybean areas added support. Chicago Board of Trade March soybeans settled up 2-1/2 cents at $8.79-1/2 per bushel, […] Read more
U.S. winter wheat conditions mostly fair to good
MarketsFarm — The condition of the bulk of the U.S. winter wheat crop, taken from data provided by 17 reporting states, was at 29 per cent fair and 48.1 per cent good at the end of January. The rest of those states’ crops stood at 4.2 very poor, 12.1 poor and 7.2 per cent excellent, […] Read more