Corn from the United States continued to move into Canadian feed channels at a steady pace, but little fresh business is going on the books as end users turn their attention to new crop production prospects.
Corn
U.S. corn still moving into feed channels, but new business slow
CBOT Weekly: Spring wheat poised for good conditions
Planting of the spring wheat in the United States continues to be off to an excellent start, according to Tom Lilja of Progressive Ag in Fargo. Meanwhile, the heavy rains that fell as of May 21 are very likely to lead to less corn being seeded with U.S. farmers switching to soybeans.
U.S. grains: Wheat sets 10-month high on deteriorating Russian harvest prospects
Chicago Board of Trade wheat futures climbed to a 10-month peak on Wednesday as worries grew about deteriorating harvest prospects in top exporter Russia, before the market turned lower.
U.S. grains: CBOT wheat hits July high on declining Russian crop estimates
Chicago Board of Trade wheat futures Wv1 reached their highest level since July on Tuesday as frost damage in top-exporter Russia and lower U.S. crop ratings supported prices, traders said.
U.S. grains: CBOT wheat drops as Kansas tour projects above-average crop
Chicago Board of Trade wheat futures dropped on Friday after a crop tour through Kansas this week projected better-than-average yields in the top U.S. winter wheat state, analysts said.
U.S. grains: Soybeans end mixed on Brazil crop concerns, weak US demand
Chicago Board of Trade soybean futures ended mixed on Thursday as renewed worries about major flooding in southern Brazil offset data indicating lower demand for soy from U.S. processors, analysts said.
Feed Grain Weekly: More moisture for feed grain crops
While seeding progress has been varied across Alberta and Saskatchewan this spring, healthy growing conditions are pressuring prices according to Erin Harakal, trade manager for Agfinity Inc. in Stony Plain, Alta.
The ups and downs of canola futures markets
Changes in moisture fortunes shift markets
Canola futures hit their strongest levels of 2024 in early May before backing off those highs as losses in outside markets and improving Prairie moisture conditions slowed the upward momentum. July canola hit a session high of C$669.10 per tonne May 7, with the new-crop November contract hitting its year-to-date peak at C$682.10 per tonne.
Manitoba Crop Alliance sets new course
The organization is ready to look forward and ‘move the needle,’ CEO says
Five years post-amalgamation, the Manitoba Crop Alliance is well established, according to chief executive officer Pam de Rocquigny. Now, the multi-commodity farm group’s new strategic plan is looking to future opportunities. Why it matters: Commodity groups representing wheat, winter wheat, barley, corn, flax and sunflower growers merged in 2020 to form the Manitoba Crop Alliance.
U.S. grains: CBOT soybeans slip as US crush hit 7-month low in April
Chicago Board of Trade soybean futures ticked down on Wednesday, after the National Oilseed Processors Association (NOPA) reported that U.S. crushing plunged in April to a seven-month low.
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