Chicago wheat futures Wv1 fell for an eighth day on Friday for their lowest close in a month after Turkey said it would halt wheat imports in a blow to the global demand outlook.
Soybeans
U.S. grains: Wheat marks biggest weekly loss in nearly a year as Turkey bans imports
Recent rains a double-edged sword for crops
Drought fears laid to rest, but delayed seeing raises concerns
The massive low-pressure system that sat over Manitoba May 24 brought precipitation that helped soil moisture and complicated seeding operations. The storm drenched fields in central and eastern Manitoba, while western Manitoba was temporarily catapulted back to winter. Why it matters: Low snow pack over the winter had producers worried about whether Manitoba was in
U.S. grains: Corn and soy futures rise on new Brazilian tax rule
Chicago Board of Trade corn Cv1 and soybean Sv1 futures rose on Thursday as news of tighter rules on industry tax credits in Brazil made traders and producers hopeful that it could boost U.S. export business, traders said.
Canola prices pull back
As conditions have improved, prices have eroded, even with planting delayed
Spring planting has caught up with canola futures on the Intercontinental Exchange. For several weeks canola pushed upward, even as rain across the Prairies replenished depleted soil moisture levels, but now optimism for good crops has put pressure on values. Planting was delayed and as much as 40 per cent of this year’s canola is
CBOT Weekly: Selling, crop conditions drive price drops
Wheat prices led the way as the July Chicago contract fell 46 cents per bushel at US$4.46. The July Kansas City hard red wheat contract dropped 43.5 cents at US$6.7625/bu., while the July Minneapolis spring wheat contract lost 39.5 cents at US$7.1250/bu.
U.S. grains: Wheat falls as U.S. Plains harvest advances, Russia concerns ease
Chicago benchmark wheat Wv1 futures fell on Wednesday for the sixth day in a row, as progress in the U.S. winter harvest weighed on prices and concerns eased over the Russian crop, traders said.
Livestock feed markets and the ‘big oil deficit’
Biofuel boom likely to spill into lower meal prices
Food and feed are the main sources of global demand for crops but climate-related policies could tip that apple cart. Governments are making legislative overtures to boost production of biofuels. In Canada, that includes the Canadian Clean Fuels Regulation, which lays out rules for fuel production and aims to encourage development of cleaner fuels and
Seeding progresses in Manitoba, despite wet conditions
Manitoba Crop Report: Issue 6
Despite the wet conditions, seeding progress was made throughout much of the province last week and is now estimated to be 83 per cent complete. Canola and soybean planting advanced, with 71 per cent of canola acres planted and 82 per cent of soybean acres planted. Spring cereals are estimated to be 87 to 94
U.S. grains: Corn, soy down as traders weigh weather and planting progress
Chicago Board of Trade corn and soy dipped in choppy trade on Tuesday as traders weighed U.S. planting progress and strong corn ratings with adverse weather in importer Mexico and downgrades to soybean harvest forecasts in major exporter Brazil.
US farmers opt for soy to limit losses as all crop prices slump
In March, the U.S. Department of Agriculture forecast farmers would plant 86.5 million acres of soybeans nationwide this spring, the fifth most ever. Some analysts expect soybean acres to increase by another million acres or more as heavy rains close the window on corn planting.
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