Chicago | Reuters –– U.S. wheat futures rallied on Wednesday, with the front-month K.C. hard red winter wheat contract jumping to its highest in 7-1/2 years, on concerns about tightening global supplies and strong export demand. Corn futures also rose, with the most-active contract surging 2.6 per cent in its biggest daily percentage gain in […] Read more
U.S. grains: Wheat futures rally as global stocks tighten
CBOT corn, soybeans also strong
Feed weekly outlook: U.S. corn filling Canadian feed shortages
MarketsFarm – As winter approaches, corn is making up a greater appearance in feed channels, supplanting barley and wheat in the process. “In Western Canada, the yields were significantly lower than average. So we’re importing a lot of feed into Western Canada, mostly corn and corn with DDGs (dried distillers’ grains),” said Allen Pirness, manager […] Read more
QUIET REVOLUTION: Genomics takes wheat breeding into new era
Having a set of complete genomes unlocks the door to wheat’s vast and vastly useful genetic richness
Reading Time: 5 minutes It may not have seemed like a big deal when researchers announced they had sequenced the genomes of a bunch of wheat varieties. But it was big news for wheat midge — as well as other pests and diseases such as stripe rust and fusarium head blight. That’s because it should greatly speed up the […] Read more
Feed weekly outlook: Almost out of space for corn
MarketsFarm – At this point of the fall, there’s not much room still to be had for feed corn, according to Brandon Motz of CorNine Commodities in Lacombe, Alta. In the meantime, prices for feed barley and wheat continued to push higher. “The in-bound corn is picking up and we are starting to see new […] Read more
Feds tighten forecast for wheat carryout
MarketsFarm — Canadian wheat carryout for the 2021-22 crop year will be even tighter than earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Wednesday. The October report included only minor adjustments for most crops, with the most notable change from September being a 500,000-tonne reduction in projected wheat ending […] Read more
Wheat supply drop sharpest in a decade
Not only are supplies tight — so are ocean vessels for delivering to customers
Reading Time: 3 minutes It wasn’t only a bad year for growing wheat in Canada and the U.S. — poor weather in other major producers has sharply reduced the world’s exportable supplies. In a recent webinar held in conjunction with Alberta Wheat and Barley, Jade Delafraye of London-based Argus Media said the U.S. Department of Agriculture has dropped its […] Read more
U.S. grains: Corn climbs on export data, acreage worries
CBOT soy, wheat also firm
Chicago | Reuters — U.S. corn futures ended higher on Monday, rallying from early declines, as traders focused on stronger-than-expected weekly U.S. export inspections data and fears that rising fertilizer prices could limit corn plantings in the coming year. Soybean futures also rose, buoyed by strength in soyoil and global vegetable oil markets. Wheat futures […] Read more
U.S. grains: Corn, soy bounce on technical buying, potential export demand
CBOT wheat turns higher on Paris rally
Chicago | Reuters — Chicago corn and soybean futures prices rose on Friday, supported by technical buying and renewed hopes of export demand, while wheat prices were boosted by a rally in the European market, traders said. Prices of corn and soybeans have recovered since falling sharply following higher-than-expected supply forecasts from the U.S. Department […] Read more
U.S. grains: Futures see ‘dead cat bounce’
Traders watching potential for increase grain export demand
Chicago | Reuters — Chicago corn and soybean futures prices crept up on Thursday, finding chart support after sharp losses over the past two sessions on higher-than-expected U.S. grain supply forecasts. It has been a rocky week for the corn and soybean markets. The U.S. Department of Agriculture (USDA) on Tuesday released estimates of both […] Read more
Son of India government minister arrested, accused of killing farmers
Junior home minister's son was 'not co-operating' in probe
Lucknow | Reuters — Ashish Mishra, son of junior home minister Ajay Mishra Teni, has been arrested on accusations he ran over and killed four protesting farmers last week, a senior police official said. The farmers, killed on Oct. 3 in the northern state of Uttar Pradesh, were part of India’s longest-running agricultural protest, opposing […] Read more