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U.S. grains: Soybeans fall to four-year low on record U.S. crop estimate

August 12, 2024

Chicago | Reuters – Chicago soybeans took a nosedive on Monday to their lowest level since September 2020 as the U.S. Department of Agriculture released data showing a record production forecast for the crop. Meanwhile, corn rose as the government agency saw smaller than expected acreage, and wheat fell on competition from Black Sea crops. The Chicago

Markets

USDA adjusts August supply and demand numbers

By Glen Hallick - MarketsFarm August 12, 2024

While the United States Department of Agriculture raised its yield projections for 2024/25 in its latest supply and demand report on Aug. 12, production varied from the July estimates due to changes in the amount of planted acres. The August edition of the USDA’s World Agricultural Supply and Demand Estimates is its first report in

File photo of sunset over port facilities at Odesa. (Mixarde/iStock/Getty Images)

Cereals, Markets

Ukraine boosts grain exports despite intensified Russian attacks

By Jonathan Saul, Pavel Polityuk, Tom Balmforth August 12, 2024

Kyiv/London | Reuters – Ukraine is scrambling to ship as much grain as it can this summer, taking advantage of military gains it has made in the Black Sea area to boost exports even as Russia has attacked its ports. Ukraine is a major global wheat and corn grower and before Russia’s invasion in 2022

Markets

U.S. grains: Corn and soy futures near four-year low, wheat rises

By Reuters August 9, 2024

Chicago corn and soy futures closed near four-year lows on Friday and posted weekly losses, while wheat prices rose on expectations of a poor crop in France as traders positioned for Monday's U.S. supply and demand report.

Markets

Prairie spring wheat bids dip with U.S. futures, rising loonie

By Phil Franz-Warkentin August 9, 2024

Average Canada Western Red Spring (13.5%) wheat prices were down C$0.90 to down C$3.30 per tonne across the Prairies, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes). Average prices ranged from C$244.80 per tonne in southeastern Saskatchewan to as high as C$272.60 per tonne in southern Alberta.

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

Markets

U.S. grains: Corn, soybeans face bearish pressure on hefty supplies

By P.J. Huffstutter, Reuters August 8, 2024

Chicago Board of Trade (CBOT) corn futures fell on Thursday, and soybean futures set new life-of-contract lows, as U.S. farmers scramble to sell their bins of old-crop grain and oilseeds into a global market awash in supplies, traders said.

Markets

Canadian markets ignoring any weather woes for now

By Phil Franz-Warkentin August 8, 2024

Heat and a lack of moisture in parts of Western Canada likely cut into production prospects this year. However, any weather concerns have yet to find their way into the markets, with solid production prospects out of the United States weighing on values overall.

Photo: Sasapanchenko/iStock/Getty Images

Markets

Prairie feed grain markets trending lower as harvest looms

By Phil Franz-Warkentin August 8, 2024

Feed grain bids in Western Canada continue to trend lower, with early harvest pressure contributing to the softness.

Crops

Saskatchewan crops advance rapidly: report

By Phil Franz-Warkentin August 8, 2024

Hot temperatures and a lack of moisture saw crops in Saskatchewan continue to advance rapidly during the week ended Aug. 5, according to the latest provincial crop report, with the conditions leading to a further decline in yield potential. While any moisture received would be too late for advanced crops, producers indicated precipitation would still

Markets

U.S. grains: Corn, soybeans ease on US crop expectations, demand concerns

By P.J. Huffstutter, Reuters August 7, 2024

Chicago Board of Trade corn and soybean futures turned lower on Wednesday as markets came under pressure from expectations of a U.S. bumper crop, moderate weather in the Midwestern corn belt and sluggish oilseed demand, traders said.

Daily Network News

Russian grain ship believed sunk in Ukrainian drone attack found, towed to shore, TASS says

Striking JBS workers to return to Colorado plant on promise of talks

Canadian finance minister talks supply chain integrity, pork tariffs with Chinese vice premier

Wheat

U.S. grains: Soybeans fall to four-year low on record U.S. crop estimate

USDA adjusts August supply and demand numbers

Ukraine boosts grain exports despite intensified Russian attacks

U.S. grains: Corn and soy futures near four-year low, wheat rises

Prairie spring wheat bids dip with U.S. futures, rising loonie

U.S. grains: Corn, soybeans face bearish pressure on hefty supplies

Canadian markets ignoring any weather woes for now

Prairie feed grain markets trending lower as harvest looms

Saskatchewan crops advance rapidly: report

U.S. grains: Corn, soybeans ease on US crop expectations, demand concerns

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