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Wheat

CBOT December 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn, soybean futures rise

Chicago wheat ends weaker

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Chicago | Reuters — U.S. corn futures gained 1.5 per cent on Wednesday, supported by concerns that hot and dry weather in the U.S. Midwest could cut into harvest yields, traders said. Soybean futures also were firm, recovering from sharp declines after the U.S. Agriculture Department’s monthly world agricultural supply and demand estimates (WASDE) report
“This season for wheat is complicated.” – Juan Francisco Arregui, Argentinian farmer.
Markets, News

With world short of wheat, Argentina farmers worry about crop

From weather worries to political whims and lack of inputs, key exporter expected to produce much smaller wheat harvest

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Reuters – Drought is only the beginning of worries for growers like Juan Francisco Arregui in Argentina. The world is relying on more wheat than usual these days to fill a supply crunch of grain needed to make bread and flour. “This season for wheat is complicated,” Arregui told Reuters, as he stood in a
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Crops

Larger spring wheat crop expected in U.S.

USDA expects reduced total worldwide wheat crop

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MarketsFarm — Early indications point to a much larger spring wheat crop in the United States in 2022 compared to the drought-stricken 2021 crop despite the late seeding, according to the latest production estimates from the U.S. Department of Agriculture. In USDA’s first official production estimates of the growing season breaking out the different wheat
Crop conditions swiftly advance, heavy rains damage crops
Crop Report, Crops, News

Crop conditions swiftly advance, heavy rains damage crops

Manitoba Crop Report: Issue 10, July 12, 2022

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Overview Crops have advanced rapidly across all parts of Manitoba this past week, faster than many agronomists had expected. Rapidly growing crops have hastened crop flowering, and cereal and canola fungicide application is well underway. Warm temperatures, high humidity, and rain in recent days has increased the risk for fusarium head blight and sclerotinia disease
CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)
Crops, Markets

U.S. grains: Futures plunge after USDA raises supply outlook, trims some demand

Larger corn, soybean supplies in forecast

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Chicago | Reuters — U.S. grain and soybean futures fell sharply on Tuesday after the U.S. Department of Agriculture (USDA) boosted key crop supply forecasts and scaled back some demand expectations in a monthly report. Benchmark corn, soy and wheat futures all retreated back to pre-Ukraine war levels as soaring costs since Russia’s invasion and
Zaporizhzhia Region, Ukraine, July 5, 2022. Due to the ongoing hostilities, grains are harvested only on the territory of the Zaporizhzhia and part of Polohy districts which constitute one-sixth of the total area of the Zaporizhzhia Region, south-eastern Ukraine.
News

Recovery from grain production shortfalls could take years

Many factors have weighed in to produce tight global grain stocks

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Reuters – Eric Broten had planned to sow about 5,000 acres of corn this year on his farm in North Dakota, but persistent springtime rains limited him to just 3,500 in a state where a quarter or more of the planned corn could remain unsown this year. The difficulty planting corn in the northern United
dry bare ground and a wheat head
Markets, News

Hungary flags heat-damaged 2022 grains outlook

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Hungary’s 2022 grains crop prospects have been “substantially damaged” by extreme hot weather and a lack of rainfall, state news agency MTI reported Agriculture Minister Istvan Nagy as saying June 28. The heatwave has also prompted an earlier than usual start to the nation’s grain harvest, he said. Hungary, one of eastern Europe’s top grain
CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)
Crops, Markets, Weather

U.S. grains: Soy, corn firm on weather worries

CBOT wheat drops; grain traders also positioning ahead of Tuesday's USDA report

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Chicago | Reuters — U.S. corn and soybean futures climbed on Monday on forecasts for hot, dry conditions across the Midwest farm belt as well as technical buying and positioning ahead of Tuesday’s monthly U.S. Department of Agriculture (USDA) supply-and-demand reports. The market eased from overnight highs, however, as updated weather models appeared slightly less

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