Irrigation of corn

Comment: Rains crucial for U.S. corn crop

Reuters – Despite a late start, the U.S. corn crop began the growing season in strong health, though that has since declined after several weeks of dry and sometimes hot weather. That does not necessarily mean analysts need to make drastic cuts to yield assumptions, though they might consider that if rains don’t arrive. The

Strategie Grains cuts all EU grain crop estimates

Consultancy Strategie Grains on July 14 cut all its forecasts for this year’s grain crops in the European Union, as it fine-tuned wheat and barley estimates and factored dry weather that threatens maize production. The EU wheat crop was expected to yield 123.3 million tonnes, down from 124.4 million projected in June and below the


(File photo by Dave Bedard)

Speculative net short position grows in canola

MarketsFarm — The speculative net short position in ICE Futures canola grew during the week ended Tuesday, as fund traders liquidated long positions and opened some new shorts, according to the latest Commitment of Traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures

CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Cattle futures end higher on firm beef prices

Futures up before new USDA figures released

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Friday, supported by strong beef prices and positioning ahead of U.S. government reports released after the close of the market, traders said. CME August live cattle futures settled up 1.65 cents at 137.375 cents/lb. and most-active October ended up 2.025 cents at



One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

July report from IGC has few changes

Numbers tweaked from previous month's report

MarketsFarm — Other than a few tweaks, there were no major changes in the latest monthly report from the London-based International Grains Council (IGC) released Thursday. In comparing the July report with that from June, the IGC tweaked its estimate for total global grain production for 2022-23. It trimmed output by 0.13 per cent at