Wheat Archives - Page 116 of 915 - Manitoba Co-operator

U.S. grains: Soybeans slide on profit taking; wheat climbs

By GFM Network News, Reuters March 22, 2024

Chicago Board of Trade soybean futures fell more than one per cent on Friday to below $12 a bushel on profit taking a day after the benchmark contract neared a two-month high as farmer soy sales and the dollar's surge added to bearish sentiment, analysts said.

Markets

Spring wheat bids edge higher in Western Canada

By GFM Network News, Phil Franz-Warkentin March 22, 2024

Spring wheat bids in Western Canada moved higher during the week ended March 21, as wheat futures in the United States continued to recover off their nearby lows.

File photo of barley being loaded off the combine. (Collab Media/iStock/Getty Images)

EU plans to hit Russia, Belarus grain imports with tariffs

Commission aims to curb Russian income, prevent market distortions, placate farmers

By GFM Network News, Philip Blenkinsop, Reuters March 22, 2024

The European Commission proposed on Friday imposing tariffs on imports of grain from Russia and Belarus in an attempt to prevent Moscow and its ally from distorting EU markets and placate farmers who have protested for months over cheap imports.

Markets, News

U.S. wheat sales to China cancelled

USDA confirms more cancellations of U.S. soft red wheat sales to China

By Julie Ingwersen, Naveen Thukral March 22, 2024

Reuters – Private exporters canceled sales of 264,000 tonnes of U.S. soft red winter wheat that had been booked for delivery to China, the U.S. Department of Agriculture confirmed March 11. It was the third cancellation in as many business days and the largest of the three, following two cancellations totaling 240,000 tonnes in the

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Markets

U.S. grains: Soybean futures set 2-month top; corn, wheat inch higher

By GFM Network News, Reuters March 21, 2024

Chicago Board of Trade (CBOT) soybean futures surged to a two-month high on Thursday as worries about threatening weather in Argentina triggered speculative buying and short-covering, analysts said, but the market pared gains after the rally spurred a round of farmer sales.

One of the major factors that pulled canola prices lower until recently was a huge influx of South American soybeans coming on the market.

Grain Markets, Markets

Canola prices higher in rangebound movement

Spring rally still expected, but it may not be a sharp uptick this year

By Glen Hallick - MarketsFarm March 21, 2024

There isn’t much to be overly concerned about now regarding canola futures on the intercontinental exchange. Despite declines, the Canadian oilseed remained a fair bit higher than a week ago. This is pleasant news, given how canola has tumbled downward in recent months. In short, canola can be seen as rangebound. There is a deficit

Markets, News

China backs out of Aussie wheat sales

Australia joins the U.S., which has also seen recent Chinese wheat sales fall through

By Naveen Thukral, Peter Hobson March 21, 2024

Chinese wheat importers have cancelled or postponed about one million tonnes of Australian wheat cargoes, said trade sources with direct knowledge of the deals, as growing world stockpiles drag down prices. The news comes after the U.S. government recently reported cancellation of more than 500,000 tonnes of U.S. soft red winter wheat exports to China, the world’s

Photo: JJ Gouin/iStock/Getty Images Plus

Markets

U.S. grains: Soybeans climb back above $12 a bushel while wheat stumbles

By GFM Network News, Reuters March 20, 2024

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.

Photo: fotokostic/iStock/Getty Images Plus

Markets

Rangebound outlook for CBOT soybeans/corn in short-term

By GFM Network News, Phil Franz-Warkentin March 20, 2024

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.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Markets

U.S. grains: Wheat, corn tick up on short covering; soybeans falter

By GFM Network News, Reuters March 19, 2024

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.

Daily Network News

Canadian aquaculture should be classed as agriculture, industry groups say

CBOT Weekly: April supply and demand report a ‘nothing burger’

Canada blocks meats, dairy from Greece over foot-and-mouth disease

Wheat

U.S. grains: Soybeans slide on profit taking; wheat climbs

Spring wheat bids edge higher in Western Canada

EU plans to hit Russia, Belarus grain imports with tariffs

U.S. wheat sales to China cancelled

U.S. grains: Soybean futures set 2-month top; corn, wheat inch higher

Canola prices higher in rangebound movement

China backs out of Aussie wheat sales

U.S. grains: Soybeans climb back above $12 a bushel while wheat stumbles

Rangebound outlook for CBOT soybeans/corn in short-term

U.S. grains: Wheat, corn tick up on short covering; soybeans falter

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