Feed barley bids in Western Canada continue to find some support as the calendar turns to spring, with seasonal road restrictions lending some nearby support to prices.
Corn
Seasonal trends underpinning feed grains for now
U.S. grains: Soybeans climb back above $12 a bushel while wheat stumbles
Chicago Board of Trade (CBOT) soybean futures jumped two per cent on Wednesday, climbing back above $12 a bushel as commodity funds appeared to cover short positions, brokers said, while news of fresh U.S. soybean export sales and excessive rains in Argentina lent support.
Rangebound outlook for CBOT soybeans/corn in short-term
Soybean and corn futures at the Chicago Board of Trade have both shown some strength over the past week but should be expected to hold relatively rangebound in the short term ahead of acreage data due out at the end of the month, according to an analyst.
Tightening canola ending stocks for 2024/25: AAFC
Canadian canola ending stocks will likely be tighter by the close of the upcoming 2024/25 marketing year, while the wheat carryout should rise, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released March 19.
U.S. grains: Wheat, corn tick up on short covering; soybeans falter
Chicago Board of Trade (CBOT) wheat and corn futures strengthened on Tuesday on technical moves as traders seek to unwind short positions ahead of uncertain springtime weather and upcoming U.S. Department of Agriculture reports, analysts said.
China expands list of GM soybean, corn variety approvals
China has approved 27 genetically modified corn seed varieties and 3 GM soybean varieties, expanding its list of approvals as it aims to increase the development and planting of high-yielding crops.
U.S. grains: Wheat jumps on rising Black Sea tensions, soy slips
U.S. wheat futures rose 2.7 per cent on Monday as Russia's weekend attacks on Ukrainian ports underscored risks to exportable grain supplies from the Black Sea region, analysts said.
Calmer dairy waters predicted for 2024
Stresses from borrowing and feed costs should ease: FCC
A recent outlook released by Farm Credit Canada says there’s room for optimism in the dairy sector. “It has been a volatile few years for dairy producers, but 2024 is shaping up to be calmer — a return to a more normal environment, if you will,” FCC senior economist Graeme Crosbie said in a Feb.
Crop plans, grain markets countdown to spring
Expert’s Radar: Recent snowfall eases some moisture worries as thoughts turn to spring
March comes in like a lion and goes out like a lamb, according to the old saying that alludes to the idea that storms early in the month are often followed by milder spring weather as the calendar turns to April. Much of Western Canada welcomed snow in early March and the moisture eased some
Zimbabwe goes hungry as crops wither amid El Nino drought
Residents of the Zimbabwean village of Buhera stood in groups at a primary school waiting to be called by name to receive life-saving handouts of grain, peas and cooking oil.
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