(USDA.gov via Flickr)

U.S. grains: Wheat surges as USDA cuts acreage view

Chicago | Reuters — U.S. grain prices rallied on Tuesday after the U.S. Department of Agriculture slashed its estimate of winter wheat seedings by more than anticipated and unexpectedly cut its corn and soybean production view. Wheat futures surged nearly three per cent to a three-week high on fund short covering while corn and soybeans



Average Manitoba corn yields in 2015 hit a new record high of 136 bushels an acre, based on 99.7 per cent of yield data collected by the Manitoba Agricultural Services Corporation being keyed in.

Manitoba crop yields above average in 2015

Corn and soybeans set new records at 136 and 39 bushels an acre, based on crop insurance data

2015 was a bumper crop year for Manitoba with farmers setting new records for corn and soybean yields, according to data collected by the crop insurance branch of the Manitoba Agricultural Services Corporation (MASC). Based on 99.7 per cent of yield data from insured farmers entered into MASC’s database, the average yield for corn in


(Country Guide file photo)

Prairie spring wheat bids move higher

CNS Canada –– Cash spring wheat bids across Western Canada moved higher during the week ended Friday, as U.S. futures also rose during that timeframe. Average Canada Western Red Spring (CWRS) wheat prices were up by C$9-$10 per tonne during the period, according to price quotes from a cross-section of delivery points across the Prairie

(Michael Thompson photo courtesy ARS/USDA)

U.S. grains: Wheat falls from three-week high

Chicago | Reuters — U.S. wheat futures dropped two per cent on Monday on technical selling and profit-taking after touching three-week highs last week, while traders eyed an eagerly awaited series of government reports on crops due on Tuesday. Corn and soybeans also fell, with declines in broader commodities markets amid fresh investor concerns about



(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat surges on short covering

Chicago | Reuters — U.S. grain and soybean futures firmed on Friday on technical buying and short-covering as investors squared positions before a key government crop report due to be released on Tuesday. Stabilizing global equities markets following steep losses to start the year offered underlying support to grains. Wheat futures notched the strongest gains