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Feed weekly outlook: wheat, barley prices still on the rise 

Demand for feed grains on the quiet side as feedlots order more United States corn says analyst

Marketsfarm – Variable crop conditions in Alberta and Saskatchewan are contributing to rising feed grain prices on the Prairies just weeks away from harvest.  Erin Harakal, trade manager for Agfinity Inc. in Stony Plain, Alta., said while conditions in the northern half of Alberta are good in some places, areas around Red Deer and parts […] Read more

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Feed weekly outlook: Dry weather cuts into barley prospects

Canadian buyers already booking new-crop U.S. corn

MarketsFarm — Dry weather across the Canadian Prairies may be cutting into barley production prospects, keeping domestic feed prices underpinned for the time being despite the likelihood of large corn imports from the United States. Alberta’s barley crop was only rated 43 per cent good to excellent in the latest weekly report, well off the […] Read more


CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy soars after USDA slashes plantings estimate

CBOT corn dives, wheat follows; soyoil runs limit-up

Chicago | Reuters — U.S. soybean futures surged about six per cent on Friday after the U.S. Department of Agriculture (USDA) reported much lower-than-expected 2023 soy plantings and June 1 inventories, while corn futures tumbled on larger-than-expected acreage. Wheat futures fell in sympathy with corn, despite a smaller-than-expected quarterly wheat stocks figure. On the Chicago […] Read more

File photo of the facade of the U.S. Department of Agriculture building in Washington, D.C. (Camrocker/iStock/Getty Images)

U.S. farmers plant more corn, less soybeans in 2023

Total U.S. wheat acres estimated up about 8.5 per cent

MarketsFarm — Farmers in the United States seeded more corn and less soybeans than earlier intentions in 2023, according to updated acreage data Friday from the U.S. Department of Agriculture. Total corn plantings in the country were estimated by USDA at 94.1 million acres, which was a million acres above the top end of trade […] Read more


Corn in progress just east of Blumenort, Man. on July 20, 2022. (Dave Bedard photo)

CBOT weekly outlook: Corn could surprise in USDA’s acres report

Eyes on dry conditions in the Dakotas

MarketsFarm — Although grains analyst Terry Reilly of Futures International said he isn’t expecting any big changes in two upcoming reports from the U.S. Department of Agriculture, he suggested there’s an opportunity for couple of notable alterations. USDA is scheduled to release its planted acreage and quarterly grain stocks reports on Friday at 11 a.m. […] Read more

File photo of a chickpea crop in India. (Nikhil Patil/iStock/Getty Images)

Pulse weekly outlook: World chickpea supplies expected tight over next six months

MarketsFarm — Chickpeas are expected to be in short supply around the world over the next six months, according to a release from the Global Pulse Confederation (GPC). Hot and dry weather in India cut production prospects for that country’s kabuli chickpea crop, according to the report. Production out of Mexico also failed to meet […] Read more


CBOT May 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn futures hit six-week low on projected plantings

Corn, soy, wheat prices to drop from 2022, USDA predicts

Chicago | Reuters — Chicago Board of Trade corn futures hit a six-week low on Thursday as the U.S. government projected farmers will plant more acres this year and prices will decline, analysts said. The U.S. Department of Agriculture, at its annual Agricultural Outlook Forum, pegged 2023 corn plantings at 91 million acres, up from […] Read more

File photo of winter wheat plants in snow. (Volodymyr Shtun/iStock/Getty Images)

CBOT weekly outlook: U.S. winter wheat to feel the cold

Crop off to 'a really bad start'

MarketsFarm — With frigid weather coming out of the Arctic, across the Canadian Prairies and into the U.S., there has been an upswing in wheat prices at the Chicago Board of Trade (CBOT). Prior to Christmas Day, temperatures are expected to fall as cold as -40 C in the northern Plains to below freezing in […] Read more