Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: wheat firms on Russian port attack, India import prospects

Attack near grain hub heightens war risks to Black Sea trade

Chicago | Reuters – Chicago wheat climbed on Friday after a Ukrainian drone attack near a Russian Black Sea export hub, rekindling global supply fears while India raised demand expectations as it considers scrapping wheat tariffs. Soybeans climbed on stronger crude and vegetable oil markets, also on alert following the Black Sea disruptions. Corn followed

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U.S. grains: Soybeans gain on export optimism; wheat, corn slip

Chicago | Reuters – Chicago soybean futures climbed on Thursday, energized by fresh export sales, although forecasts for cooler, rainy weather capped gains. Wheat fell to a three-week low, as the market assessed global supply prospects marked by large Russian exports and war-curtailed shipments from Ukraine. Corn also touched a three-week low, pressured by crop-friendly


(Geralyn Wichers photo)

Feed weekly outlook: Influx of cheaper U.S. corn pushing down prices

Weaker Chicago corn prices led to a 50-cent/bu. drop in Alberta feed barley, wheat

MarketsFarm – Feed grain prices took a tumble this week in Alberta, said Susanne Leclerc of Market Master Ltd. in Edmonton. “It’s kind of shocking. I know we had some harvest start in the southern part [of the province]. It seems to have really affected prices. Of course, corn got cheap with the futures dropping

Dry weather slashes EU bumper crop expectations

Reuters – The European Union’s crop monitoring service further reduced its yield forecasts July 24 for this year’s harvest, citing dry and hot weather. Crop prospects in the bloc have taken on extra significance since Russia’s invasion of Ukraine, a major wheat, corn and sunflower exporter, has disrupted Black Sea exports and raised uncertainty over


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: wheat falls after Ukraine port attack renews worries

Russian attack Wednesday underscored the risk of a further squeeze on Ukrainian exports

Chicago | Reuters – Chicago wheat slid for a sixth consecutive session on Wednesday, after sharp gains overnight as supply jitters caused by a Russian strike against a Ukrainian port were tempered by strong Russian exports and signs Moscow is open to reviving a Black Sea corridor deal. Soybeans dipped to one-month lows and corn

‘There are reams of data in the report, particularly in three key focus areas: seeds, meatpacking, and food retail. We — the “us” outside of the USDA — need to draw our own conclusions.’

Comment: Agribusiness competition and the danger of the middle road

Hemming and hawing avoids tougher action and ‘us’

After plowing through a 57-page U.S. Department of Agriculture report titled “Concentration and Competition in U.S. Agribusiness,” I asked an agronomist friend who had also read the report why it seemed that its writers used so much “hem-and-haw” language in analyzing, for example, the rise of today’s powerful seed companies. “I’m less interested in the


Table 2: Spring wheat quality rating by region.

Most of agro-Manitoba comes up dry, heat diminishing potential wheat yield in areas

Manitoba Crop Report: Issue 12 (week 31)

Overview  Limited harvesting of fall rye and winter wheat began late last week. Winter cereal crops continued to dry down with producers applying pre-harvest herbicides or swathing as crop seed moisture content allowed. Harvest is expected to become more general this week if the weather cooperates. Crop condition remained good to excellent. Early yield reports

(Thinkstock photo)

U.S. grains: Soybeans climb on export hopes; corn, wheat remain weak

Wheat slips again as Black Sea competition continues

Chicago | Reuters – Soybean futures on the Chicago Board of Trade ended higher on Tuesday after two-sided trade, as export demand optimism won out over forecasts for cooler, wetter weather that pressured markets. Chicago corn eased, pressured by expectations that timely rains in August would improve heat-stressed crops. Wheat fell for a fifth session


A seaport grain terminal damaged during Russian missile and drone strikes in Odesa region, Ukraine on July 19, 2023.

Asian wheat buyers go shopping after Ukraine port attacks

Reuters – Asian millers will look elsewhere for their wheat as attacks on Ukrainian ports after the collapse of a safe passage deal spark supply risks, traders and analysts said. Supply constraints from the key Black Sea region add further uncertainty amid the prospect of dry El Niño weather threatening Asian crops and exacerbating food

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

U.S. grains: corn, soy fall as US weather improves

Wheat dropped despite Black Sea supply concerns

Chicago | Reuters – Chicago soybeans and corn fell on Monday, pressured by expectations of cooler, wetter weather across the U.S. Midwest in August. Wheat also dropped, despite worries over Black Sea supplies, although no new major Russian attacks on Ukrainian grain infrastructure were reported over the weekend. Chicago Board of Trade most-active corn Cv1contract