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Tag Archives export demand

Barley, Crops, Markets

Feed weekly outlook: Barley finds support in lull between old, new crops

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MarketsFarm — Feed barley bids in Western Canada are seeing some modest strength in early September, as old-crop supplies run out and the new crop is not yet available. “Prices have definitely gone up this past week,” said Mike Fleischhauer of Eagle Commodities at Lethbridge. Expectations for a good 2020 crop had farmers making space […] Read more
Crops, Markets, Reuters

U.S. grains: Soy up on prospects for Chinese demand

U.S. dollar strength drags on wheat, corn

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Chicago | Reuters — U.S. soybean futures rose on Thursday, rallying from early declines on short-covering and prospects for China to step up purchases of U.S. supplies as the U.S.-China Phase One deal goes into effect in days, traders said. But wheat and corn futures fell, pressured by a stronger U.S. dollar, worries about economic […] Read more
Crops, Markets, Reuters

U.S. grains: Wheat, soybean futures rally

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Chicago | Reuters — U.S. wheat futures rose for the sixth day in a row on Thursday, with new forecasts calling for extended dryness in the U.S. Plains pushing prices to fresh 7-1/2-month highs, traders said. Soybean futures rallied to a 13-month high on signs of strong export data. Parched soils in Argentina that threatened […] Read more
Crops, Markets, Reuters

U.S. grains: Soy, wheat, corn firm on export demand

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Chicago | Reuters — U.S. soybean futures firmed on Thursday on supportive export demand and light bargain buying following a three-day slide, along with renewed optimism about demand for soy-based biodiesel fuel, analysts said. Wheat and corn rose on light technical buying and bullish weekly export sales data. Chicago Board of Trade November soybean futures […] Read more
Crops, Markets, Reuters

U.S. grains: Wheat down on weak export demand

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Chicago | Reuters — U.S. wheat futures fell for a third straight day on Wednesday, pressured by plentiful global supplies and strong competition for export business, especially from Russia, traders said. Corn fell, following wheat, and soybeans also declined after a choppy session. Chicago Board of Trade December wheat settled down 4-3/4 cents at $4.30 […] Read more
Crops, Markets, Reuters

U.S. grains: Soybeans ease but notch fourth weekly gain

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Chicago | Reuters –– U.S. soybean futures fell on Friday on profit-taking but the benchmark Chicago Board of Trade November contract still recorded a fourth straight weekly advance, supported by firm cash markets and export demand. CBOT wheat rose on short-covering and worries about dry conditions in Australia while corn closed modestly higher in rangebound […] Read more
Canola, Crops, Markets

ICE weekly outlook: Harvest pressure set to increase

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CNS Canada — The canola market will likely be tested in coming days as harvest pressure, both north and south of the border, intensifies. While futures enjoyed a bounce upward following a bearish report from the U.S. Department of Agriculture on Tuesday, the technical bias appears to be pointed lower. The front-month November contract at […] Read more
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Strong demand to underpin soy, corn

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CNS Canada — Soybean and corn futures at the Chicago Board of Trade will soon face seasonal harvest pressure, but good demand may limit the downside this year. Slight upward revisions to the U.S. Department of Agriculture’s yield estimates in the latest supply/demand report weighed on soybeans and corn on Tuesday, but the soybean losses […] Read more

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