There were a few tweaks to the latest monthly report from the United States Department of Agriculture released on Nov. 8. The World Agricultural Supply and Demand Estimates not only lowered yields for U.S. corn and soybeans, the department reduced the ending stocks for both.
USDA lowers U.S. soybean/corn yield estimates
Prairie Wheat Weekly: Spring wheat bids rise, durum down
Spring wheat bids in Western Canada were slightly higher than the week before on Nov. 7, 2024. Meanwhile, durum prices were a bit lower.
Prairie Wheat Weekly: Declines in U.S. wheat, loonie lead to mixed prices
Spring wheat cash prices were mixed for the week ended Oct. 31, as pressure from declines in United States wheat futures were countered by support from a weaker Canadian dollar that encourages more export sales.
Feed Grain Weekly: Barley, corn in southern Alberta on par with each other
Feed barley and corn imported from the United States are currently trading at the same price into southern Alberta, said Lethbridge-based Darcy Haley, vice-president of Ag Value Brokers.
More wheat, less corn in Argentina for 2024/25 says United States Department of Agriculture attaché
As wheat production in Argentina is projected to increase in 2024/25, according to the United States Department of Agriculture attaché in Buenos Aires, the country’s corn output is to be smaller than in the previous year.
Alberta harvest wraps up
Harvest operations in Alberta are virtually complete for 2024, the province’s crop report said. Combining advanced three points to 99 per cent finished as of Oct. 22 as well as being three points above the five-year average.
CBOT Weekly: Corn, soybeans rising, wheat slipping
Corn and soybean prices rose at the Chicago Board of Trade during the week ended Oct. 23, 2024. However, wheat prices went lower during the same week.
Feed Grain Weekly: Less activity before corn deliveries
Despite a lack of activity in the feed grain markets, prices for feed barley and feed grain are trending lower, according to a grain broker from Edmonton.
CBOT Weekly: Trade too low on U.S. corn, soybeans ahead of S/D report
Estimates for U.S. corn and soybeans are perhaps too low and wheat prices are set to increase due to smaller global supplies.
Canadian Grain Commission releases August export report
The Canadian Grain Commission's monthly report on grain exports for August 2024 - the first month of the 2024/25 marketing year.
Cyber-Savvy Farmer
