CBOT July 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Weak export data drags soybeans to new lows

Chicago | Reuters — U.S. soybean futures posted contract lows for a fourth straight session on Thursday after weak U.S. Department of Agriculture (USDA) export sales data and amid ongoing concerns that rain-delayed corn sowing would increase soy plantings. Corn was mixed as spillover pressure from lower soybeans offset support stemming from concerns about delayed


(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prices steady ahead of seeding

MarketsFarm — Feed grain prices have firmed up ahead of seeding, and producers are quick to make room in feed bins ahead of seeding. “New-crop price is significantly lower than old-crop, so at some point they’re going to converge,” said Allen Pirness, senior trader with Market Place Commodities in Lethbridge. Statistics Canada’s crop intentions report,

Canada Prairie Spring Red wheat bids were up by $2-$4 per tonne at most locations.

CPSR wheat bids up, CWRS down on the week

MGEX, K.C. and CBOT May wheat futures all declined from the previous week

Western Canadian wheat bids were mainly steady during the week ended April 26, with minor losses observed across the Prairies for Canada Western Red Spring (CWRS) wheat and modest gains for Canada Prairie Spring Red (CPSR). Average CWRS (13.5 per cent protein) wheat prices were down by about $1 per tonne at most locations, with



Seeding begins in most areas of Manitoba

Manitoba Crop Report and Crop Weather report for April 30

Southwest Region Accumulated moisture over the past week amounting to 1.5 to 10 mm as rain and snow. Areas to the south of Hwy #2 received the most snow. Overnight temperatures below zero, daytime highs reaching high teens. Average soil temperature 5 C. Seeding of cereals and some peas has started south of Hwy #1,


CBOT July 2019 wheat with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. grains: Soy, wheat hit new lows as supplies outweigh rainy weather

Chicago | Reuters — U.S. soybean futures fell for a third straight session on Tuesday and struck fresh contract lows in most months as burdensome global stocks and sluggish U.S. exports dragged prices lower, triggering technical selling. Wheat futures, too, posted contract lows as better-than-expected U.S. winter crop conditions added to pressure from largely beneficial

CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn firms as rains stall planting

Chicago | Reuters — U.S. corn futures firmed on Monday, hitting the highest point in a week as wet weather across much of the U.S. Midwest and forecasts for continued rains this week threatened to prolong spring planting delays. Soybeans were lower on sluggish U.S. exports, abundant global supplies and worries that delayed corn seeding


CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn higher on wet weather forecast

Chicago | Reuters — U.S. corn futures rose about one per cent on Friday as wet weather forecast for the Midwest crop belt prompted short-covering, analysts said, while soybeans fell to multi-month lows. Wheat futures firmed slightly but still recorded a weekly decline as ample global supplies anchored the market. Chicago Board of Trade July

CBOT July 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy higher after three-day skid

Chicago | Reuters — U.S. soybean futures closed higher on Thursday, snapping a three-session slide, while corn and wheat rebounded from contract lows as fund-driven selling paused and forecasts signaled more U.S. planting delays, traders said. Chicago Board of Trade (CBOT) July soybeans settled up four cents at $8.72-3/4 per bushel (all figures US$). CBOT