CBOT July 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: CBOT soybeans, corn, wheat rise

Soy nears 10-year highs

Chicago | Reuters — U.S. soybean futures rose on Wednesday on expectations that robust demand from both the domestic and export sectors will keep supplies tight until harvest in the fall, traders said. Corn futures were firm on support from strength in the cash market while wheat ended in positive territory after trading both sides


Expanding the time farmers can ask for a CGC-determined grade would give farmers more flexibility, but add a measure of cost to the grain system. 

CGC extended access gets support

Producers would have more time to trigger a final say from the CGC on disputed grain grades

A Canadian Grain Commission (CGC) proposal to give farmers more time to ask the CGC to grade their grain when they disagree with an elevator ruling is supported by a majority who responded to the CGC’s request for feedback. Currently, farmers have to make that decision at the time the grain is delivered to an elevator. In



CBOT July 2022 wheat (candlesticks) with Bollinger bands (20,2), MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Wheat futures drop after rally

Strong cash market supports corn, soy

Chicago | Reuters — U.S. wheat futures fell 1.9 per cent on Tuesday on a round of profit taking as traders closely monitored prospects for grain exports out of Ukraine. “Wheat continues to ride the wave of varied rhetoric from the Black Sea that seemingly changes by the minute,” Matt Zeller, director of market information

CBOT July 2022 wheat (candlesticks) with MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Wheat futures rally, pull corn higher

Soy also gains; Ukraine grain export prospects dim

Chicago | Reuters — U.S. wheat futures surged 5.1 per cent on Monday, supported by concerns about lengthy disruptions to shipments out of Ukraine as fighting intensified in that key grain export country. The strength in wheat spilled over into the corn market, which was on track to snap a streak of four straight negative



(Aika Pixels/iStock/Getty Images)

N.S. farm limestone program boosted against rising diesel prices

Farmers in Nova Scotia facing rising prices for diesel fuel will see more funding via the Limestone Trucking Assistance Program (LTAP), which is expected to help offset some of those increased costs. “After touring multiple farms around the province to hear from farmers and meeting this morning with farmer Tim Marsh at the Nova Scotia