St. Lawrence Seaway grain movement up five per cent in 2023

Grain movement through the St. Lawrence Seaway was up by five per cent in 2023 compared to the previous year, with Canadian wheat accounting for well over half of all the grain moved, according to a joint report from the Canadian St. Lawrence Seaway Management Corporation (SLMC) and the United States Great Lakes St. Lawrence Development Corporation (GLS) released May 27.

CWRS bids edge lower with Minneapolis futures, CPSR up

MarketsFarm - Wheat bids in Western Canada were mixed during the week ended Nov. 7, with a steady to lower tone in Canada Western Red Spring Wheat as a downtrend in the Minneapolis future weighed on values. However, the Chicago and Kansas City winter wheat contracts trended higher, which underpinned Canada Prairie Spring Red (CPSR)[...]


Specs book profits in soybeans, but trend still up overall

CNS Canada -- Soybean futures at the Chicago Board of Trade moved higher during the week ended Wednesday, but profit-taking came forward to limit the advances. And while more speculative long liquidation is possible in the short-term, the longer-range trend remains pointed higher, according to an analyst. Soybeans had rallied in the lead up to[...]

CBOT soybeans nearing resistance

CNS Canada -- Chicago Board of Trade soybean contracts moved higher during the week ended Wednesday, but are running into upside resistance as a number of bearish factors overhang the market. "Over the short term (soybeans) will be very choppy, but over the medium and long-term I'm still bearish," said analyst Terry Reilly of Futures[...]


CBOT soybeans at a crossroads, awaiting South American crops

CNS Canada -- Soybean futures at the Chicago Board of Trade moved higher during the week ending Feb. 5, but the market now finds itself at a bit of a crossroads. Tightening old-crop supplies and good export demand continue to provide support for the front months, but big production prospects out of South America mean[...]

Old/new-crop corn and soybean spreads widening

Old-crop soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday (May 22), as tight supplies provided underlying support. New-crop soybeans lagged to the upside, while rapid seeding progress across the Midwest caused corn to post small losses in the deferred months. The spread between the old- and[...]


Weekly soybean crush hits record

Canada's weekly soybean crush is running at a very strong pace, as favourable margins for processing the crop, and tight supplies of canola, cause those plants with flexible capacity in Eastern Canada to increase the percentage of soybeans moving through their facilities. Canada crushed 46,241 tonnes of soybeans during the week ended Nov. 28, after[...]

Broker sees seasonal highs in for corn, soy

Soybean and corn futures at the Chicago Board of Trade (CBOT) have moved sharply lower the past few weeks as looming harvest pressure and global financial uncertainty weigh on values. The path of least resistance was expected to remain to the downside through the harvest season, barring a weather scare or sharp move in the[...]


Corn, soy markets seen focusing soon on new-crop issues

Soybean and corn futures at the Chicago Board of Trade dropped sharply over the past week, as the earthquake, tsunami and resulting nuclear crisis in Japan triggered a speculative sell-off in the agricultural commodity markets. Concerns that Japanese demand for grains and oilseeds will back away in the near term, as the country deals with[...]

Highs likely in place for soybeans, corn: analyst

(Resource News International) -- Corn and soybean futures at the Chicago Board of Trade (CBOT) have moved higher over the past week, supported by production uncertainty ahead of the U.S. harvest and recent strength in the wheat market. However, both soybeans and corn failed to move back to the highs set earlier in the month,[...]