Spring wheat bids in Western Canada were mixed during the week ended Feb. 23 as choppy activity in the United States futures spilled into the cash market.
Wheat
Prairie wheat bids mixed as choppy futures trend lower
Wheat futures tested fresh contract lows
EU leader proposes policy shift as farmers protest
Rules "create a risk for EU food security" agriculture commissioner says
The EU should change conditions imposed on farmers who wish benefit from Common Agriculture Policy (CAP) funding, European Agriculture Commissioner Janusz Wojciechowski said in an interview with French newspapers of the Ebra group.
U.S. grains: Corn and soybeans slump on supply glut, export competition
Wheat futures weaken as U.S. files sanctions against Russia
Chicago Board of Trade corn futures on Friday dipped below $4 per bushel in the front-month contract Cc1 for the first time since November 2020, as hefty U.S. and global supplies weighed over the market.
U.S. grains: Corn, soy hit multi-year lows as South American supply fears wane
Rising stockpiles, falling Chinese demand spurred massive short in corn, soy
U.S. corn and soybean futures fell to three-year lows on Thursday, dragged down by expectations of ample South American harvests and rising stockpiles at a time of uncertain demand, analysts said.
Feed barley under pressure, but opportunities available
Corn downturn likely to keep feedlots looking to extend coverage
Feed barley bids in Western Canada remained under pressure in mid-February amid continued imports of corn from the United States and the relatively mild Prairie winter. However, localized spot opportunities do pop up occasionally.
Valentine’s week gave no happy ending for grain markets
Dipping prices made for a sour note
The charts were solidly red, but there was little love in the air for North American grain and oilseeds during Valentine’s Day week. Canola, wheat and corn futures all hit contract lows and soybeans were at their softest levels in eight months. The March ICE Futures canola contract settled at C$567 per tonne on Feb.
U.S. grains: Corn slides to three-year low near $4 a bushel on ample supplies
Soybeans followed corn lower; wheat ended mostly weaker
Chicago | Reuters -- U.S. corn futures fell to three-year lows on Wednesday, nearing $4 a bushel as ample domestic grain supplies and strong South American crop prospects weighed on sentiment, analysts said.
U.S. grains: Wheat rises nearly four per cent on short-covering, corn and soy climb
Chicago | Reuters – Chicago Board of Trade (CBOT) wheat futures rose nearly four per cent on Tuesday, rebounding from life-of-contract lows as a softer dollar and the approach of the spring growing season in the northern hemisphere sparked a short-covering rally, analysts said. CBOT corn and soybeans also closed higher but hovered near multi-year
Canadian farmers blamed for ag chemical in U.S. oat foods
Discovery sets off media story despite samples testing well inside safe levels
A U.S. environmental group is pointing a finger at Canadian oat growers, saying they’re the cause of ag chemical residues found in Cheerios and Quaker Oats.
Record large fund short position grows in canola
Net short in soybeans, corn also grew
Speculators added to their already record large net short position in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).