
Tag Archives grain stocks — page 2

U.S. grains: Wheat rebounds after weather-driven selloff
Chicago | Reuters — U.S. wheat futures firmed Thursday on bargain-buying a day after forecasts for much-needed moisture pressed the Kansas City May hard red winter wheat contract to a seven-week low, traders said. Corn futures closed modestly higher while soybeans ended mostly steady. Chicago Board of Trade May wheat futures settled up 2-1/4 cents […] Read more

CBOT weekly outlook: Harvest pressure to weigh on soy, corn
CNS Canada — U.S. harvest operations are just getting started, which should keep soybean and corn futures at the Chicago Board of Trade under pressure over the next few weeks. Both commodities are expected to “grind a little lower” over the next few weeks, according to Terry Reilly of Futures International in Chicago. The U.S. […] Read more

CBOT weekly outlook: Corn, soy move with trader positioning
CNS Canada –– Corn and soybean futures at the Chicago Board of Trade are moving in trader-positioning with technical features and ahead of key data. Investors in CBOT corn and soybean markets are rolling out of positions in the July contract into more deferred months. “With that said, we’re seeing a lot of shorts shore-up […] Read more

CBOT weekly outlook: Corn, soy set for major move on acres
CNS Canada — Corn futures on the Chicago Board of Trade could be set for a major move depending on what the U.S. Department of Agriculture reveals in next week’s acreage estimates, according to an analyst. “We’ll find out, did we really plant the 90 million (acres) or are we under?” said Scott Capinegro, president […] Read more

Cargill expects grain glut to last long time
Seoul | Reuters –– Commodity firm Cargill expects international grain markets to remain oversupplied for a long time due to bountiful harvests and a rise in storage, the head of the global commodity trader said on Friday. Bumper crops have flooded many markets, dragging on prices for grains and hitting profits at agribusiness giants including […] Read more

Record crops to send grain stocks to all-time peak, IGC says
London | Reuters –– Global grain stocks are expected to surpass 500 million tonnes for the first time at the end of the 2016-17 season, the International Grains Council said on Thursday, raising its forecasts for both corn and wheat production. The intergovernmental body, in a monthly update, put total grain carryover stocks at the […] Read more

CBOT weekly outlook: More losses likely as U.S. harvest pressure mounts
CNS Canada — Soybean and corn futures at the Chicago Board of Trade are both trending lower and should continue to do so, as seasonal harvest pressure and large production estimates will limit the upside potential over the next few weeks. “To some extent, the large crops are dialed in to our prices,” said Rich […] Read more

CBOT weekly outlook: Corn, soy to fall on weather, post-report
CNS Canada — Corn and soybean futures at the Chicago Board of Trade are moving into position ahead of two key reports, but following that data, the market will shift back into weather trading, one U.S. analyst says. Corn — Corn futures moved lower on the week ended Wednesday, as traders exited long positions with […] Read more

StatsCan report confirms tightening canola, wheat supplies
CNS Canada — Canadian canola and wheat supplies are much tighter heading into the final months of the 2015-16 crop year than they were at the same point a year ago, according to Statistics Canada’s latest stocks report. StatsCan pegged the country’s canola stocks, as of March 31, at 7.49 million tonnes in its report […] Read more

StatsCan grain stocks data to confirm feed demand, production
CNS Canada — Just how much barley did Canadian cattle eat over the past winter? Will there be any old-crop wheat left over this year? And how much canola was really grown in 2015? Answers to these questions and more will be closer to being found when Statistics Canada releases its latest stocks data on […] Read more
Alberta Farmer Express is a unique, Alberta-focused publication combining the efforts of reporters and editors on the ground in the province with the resources of Glacier FarmMedia’s experienced editorial and sales staff.