CNS Canada — As the winter wheat harvest finishes up in Manitoba, initial reports are that yields are lower than in years past. “It was a disadvantage with the winter and with the weather conditions this summer it’s been pretty dry… so between the two, it’s kind of reduced yields,” said Doug Martin, chairman of […] Read more
Manitoba winter wheat yields down
U.S. spring wheat, durum expected to surge
CNS Canada — Data released today from the U.S. National Agricultural Statistics Service showed large expected increases in spring wheat and durum production this year. Spring wheat production in the country, not including durum, is forecast at 614 million bushels, up 48 per cent from 2017. Of that, 584 million bushels, or 95 per cent […] Read more
U.S. grains: Soybeans down on trade war worry
Chicago | Reuters — U.S. soybean futures closed at their lowest level in more than two years on Monday while corn fell to fresh contract lows on strong U.S. crop prospects and worries about trade fights with China and other main export partners. Wheat also retreated as rising supplies from the U.S. winter crop harvest […] Read more
U.S. grains: Corn, soybeans sink to 1-1/2 week lows
Chicago | Reuters — U.S. corn and soybean futures drifted lower on Thursday ahead of a key U.S. government report due on Friday expected to raise estimates of U.S. 2018 corn and soybean plantings. Wheat also eased, pressured by an accelerating U.S. winter crop harvest and reports of higher-than-expected yields in some areas. Favourable crop […] Read more
U.S. grains: Wheat slides as harvest progresses
Chicago | Reuters — U.S. wheat futures sagged on Tuesday, with the K.C. hard red winter wheat market hitting its lowest in nearly five months on fund-driven long liquidation and pressure from the harvest in the southern Plains, traders said. Soybeans were also lower while corn ended modestly higher as traders awaited key U.S. Department […] Read more
U.S. grains: Soy nears 10-year low on trade row, weather
Chicago | Reuters — U.S. soybean futures plunged to their lowest level in nearly a decade on Tuesday as escalating trade tensions between the U.S. and China, the world’s biggest soy buyer, prompted fund-driven selling, analysts said. Corn and wheat followed broad declines in the commodity sector. Favourable weather in the Midwest bolstered corn and […] Read more
U.S. grains: Wheat climbs on global weather woes
Chicago | Reuters — U.S. wheat futures climbed nearly two per cent on Wednesday on a mix of technical buying and worries about persistent dry weather in major exporting countries including Russia and Australia. Corn and soybeans sagged as weather in the U.S. crop belt remained mostly favourable. Chicago Board of Trade July wheat settled […] Read more
U.S. grains: Wheat, corn climb on bargain-buying
Chicago | Reuters — U.S. wheat futures closed higher Tuesday on a technical bounce a day after the spot July contract neared a two-week low, and on worries about dry weather in the Black Sea crop region, analysts said. Corn also advanced, rebounding from a two-month low, while soybeans closed mixed as nearby contracts lost […] Read more
U.S. grains: Corn, soy slide on crop weather, trade jitters
Chicago | Reuters — U.S. corn futures fell to a two-month low on Monday as favourable U.S. crop weather and worries about trade disputes triggered fund-driven long liquidation, analysts said. Soybeans and wheat followed the weak trend that spread across commodity markets. Chicago Board of Trade July corn settled down 10-3/4 cents at $3.80-3/4 per […] Read more
U.S. grains: Wheat rallies on Plains dryness, technical buying
Chicago | Reuters — U.S. wheat futures surged nearly three per cent on Tuesday on technical buying and crop production concerns due to dry weather in the U.S. Plains wheat belt and other major production areas around the globe. Corn futures advanced on spillover support from wheat, while soybeans advanced on follow-through buying from Monday’s […] Read more
Cyber-Savvy Farmer
