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Spring wheat

CBOT November 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Weather

U.S. grains: Corn, soy ease on warmer weather

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Chicago | Reuters — Chicago soybean, corn and wheat futures all settled down on Monday after early strength, as outlooks for improved U.S. weather boosted crop production prospects, analysts said. The August soybean contract on the Chicago Board of Trade settled down 14-3/4 cents at $8.89-3/4 a bushel and new-crop November settled down 14-1/2 cents
CBOT September 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn posts steepest drop in three years on USDA acreage view

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Chicago | Reuters — U.S. corn futures plunged by the most in nearly three years on Friday after the U.S. Department of Agriculture (USDA) pegged U.S. planted acres well above trade expectations despite rains and flooding this spring that disrupted sowing. Soybeans firmed on USDA’s smaller-than-expected acreage estimate, while wheat fell in tandem with plummeting
Cigi staff evaluate wheat flour for use in oriental noodles. (Cigi photo)
Cereals, Crops

Cigi, Cereals Canada agree to pursue amalgamation

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The boards of the Canadian International Grains Institute (Cigi) and Cereals Canada have agreed to pursue amalgamation by March 31, 2020. That’s if a proposal, yet to be developed, is approved by the two bodies’ member organizations, leaders Dean Dias and Cam Dahl, said Friday in separate interviews. “During the past week, both boards have
Average Canada Western Red Spring wheat prices were down $5-$8 for the week ending June 21.
Grain Markets, Markets

Wheat bids turn out mixed across the Prairies

Minneapolis, Chicago and Kansas City September wheats were all down on the week

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Western Canadian wheat bids varied during the week ended June 21, with strong gains observed in CWRS bids along with mixed CPSR bids and steady CWAD bids. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $5-$8, except for in eastern Manitoba, where prices were only down by 65 cents,
Wet conditions this spring made planting quite difficult, especially for corn and soybeans.
Grain Markets, Markets

Action in oilseed markets swings on weather forecasts

Precipitation on the Prairies will steer canola values

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In the constant battle between influences weighing on values or providing support for canola bids, last week came down to a battle between our rainfall versus their rainfall. On the Prairies, starting Father’s Day, precipitation brought struggling crops a little bit of a boost at a critical stage in their development. The Prairies have been
CBOT September 2019 corn (candlesticks) and MGEX September 2019 wheat (orange line). (Barchart)
Crops, Markets

CBOT weekly outlook: USDA’s acreage report could push up prices

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MarketsFarm — At least one analyst predicts the U.S. Department of Agriculture’s next acreage report, due out Friday, could have a bullish effect at the Chicago Board of Trade. “If we come in near trade expectations for the (soybeans), it might be supportive,” said Terry Reilly, grains analyst with Futures International in Chicago. Trade expectations
CBOT July 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Weather

U.S. grains: Soy, corn down on improved weather

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Chicago | Reuters — U.S. corn futures fell for the first time in three sessions and soybeans fell for a second straight day on Wednesday, with prices weighed down by forecasts of dry weather in parts of the U.S. Midwest that lifted hopes for improved crop conditions. “This short-term warm weather can lead to a
Crop Report, Weather

Recent rains help spur crop growth, forage quality a concern for producers

Manitoba Crop Report and Crop Weather report for June 25

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Southwest Region Recent rainfall has helped crops and forages over the entire Southwest region. Crops have responded and now some warm days and evenings will help in crop development. Quantity of moisture generally adequate for crop growth throughout the region but the Melita, Ninette, Sinclair, Pierson, and Rivers areas received more than 45 mm over
(Dave Bedard photo)
Crops, Markets, Weather

StatsCan: Less canola and durum, more barley and oats

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MarketsFarm — Canadian farmers seeded fewer canola and durum acres than they originally intended, but more barley and oats, according to updated acreage estimates from Statistics Canada that largely came within expectations. StatsCan pegged planted Canadian canola area for 2019-20 (August to July) at 20.952 million acres, down by about 300,000 from the March survey

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