CNS Canada –– Soybean and corn futures at the Chicago Board of Trade came under pressure over the past week, but are expected to see divergent moves in the near future as poor planting weather in the U.S. Midwest may see acreage shift out of corn and into soybeans. News that U.S. President Donald Trump […] Read more
CBOT weekly outlook: U.S. weather supports corn, weighs on soy
U.S. grains: Corn firms on short-covering
Chicago | Reuters — U.S. corn futures climbed about two per cent on Monday on short-covering ahead of the Midwest planting season and chart-based buying, analysts said. Wheat futures were also higher on short-covering while soybeans closed almost flat, retreating from early advances. Chicago Board of Trade May corn settled up 7-1/2 cents at $3.67 […] Read more
Farmers big on pulses, but canola down on the year
CNS Canada — Canadian farmers will be seeding record acres of peas and lentils this spring, as expected, but the increases to pulse crops are coming at the expense of canola — which saw acres come in below expectations in a report out from Statistics Canada. In its first acreage survey of the year, released […] Read more
Some farmers already seeding in southern Alberta
CNS Canada — Some farmers in southern Alberta are seeding earlier than normal this spring, thanks to some recent warmer weather. “Some guys are just starting to turn a wheel in southern Alberta,” Harry Brook, crop specialist with Alberta’s provincial Ag-Info Centre in Stettler, said Thursday. Soil temperatures are still not very warm, so more […] Read more
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