Soy and corn futures turned lower on Friday after the U.S. Department of Agriculture's supply and demand report confirmed the advancing harvests in the U.S. will be some of the largest on record.
Wheat
U.S. grains: Soy, corn futures down as USDA projects massive US crops
Prairie spring wheat bids rise as loonie drops
Hard red spring wheat bids in Western Canada moved to their highest levels in three months during the week ended Oct. 10, as a firm tone in the United States futures and sharp weakness in the Canadian dollar provided support.
Ukraine grain exports to fall by more than 10 million tonnes due to smaller crop, official says
Ukraine's 2024/25 grain exports are likely to decrease to around 40 million metric tons from almost 51 million tons in 2023/24 due to a smaller harvest, the first deputy agriculture minister Taras Vysotskiy said on Friday.
U.S. grains: Wheat climbs as dry weather, Ukraine war put supply risks in focus
Chicago wheat extended gains on Thursday as traders assessed whether increased tensions between Russia and Ukraine and persistent dryness in grain production areas around the world may curb global wheat exports, analysts said.
Feed Grains Weekly: Prices higher, likely to continue upward trend
Feed grain prices on the Canadian Prairies have been pushing higher and are likely to continue on that upswing for now, said CorNine Commodities Ltd. trade manager Travis Ebens.
Saskatchewan crop report: Harvest nearly complete
Combining in Saskatchewan is virtually complete with the provincial report putting the harvest at 97 per cent finished overall. That's a gain of six points during the week ended Oct. 7, as parts of the province contended with rain delays.
Harsh weather curbs global wheat output, buoys prices
World wheat inventories have fallen from record highs five years ago, U.S. data shows, as poor weather hurt output and Russia's 2022 invasion of Ukraine temporarily spiked grain prices.
U.S. grains: Wheat up for third day, corn and soybean regain ground
Chicago Board of Trade corn and soybean futures ticked higher in choppy trading on Wednesday, boosted by strength in the financial markets and as traders adjusted positions ahead of a government supply-and-demand report, market analysts said.
Florida fertilizer plants, grain mills close as Hurricane Milton nears
Fertilizer plants, livestock feed facilities and at least one large flour mill in Florida closed on Wednesday in preparation for Hurricane Milton's destructive winds, heavy rain and deadly storm surge.
CBOT Weekly: Trade too low on U.S. corn, soybeans ahead of S/D report
Estimates for U.S. corn and soybeans are perhaps too low and wheat prices are set to increase due to smaller global supplies.
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