Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)

U.S. grains: Soy tumbles on acreage outlook

Chicago | Reuters — Chicago soybean futures tumbled on Wednesday, pressured by technical selling and outlooks for record-large U.S. plantings this year, traders and analysts said. Chicago Board of Trade May soybean futures dropped 16-1/2 cents, or 1.7 per cent, to $10.32-1/4 per bushel (all figures US$). Prices accelerated declines at late-morning after advisory service




Prairie wheat bids rise as dollar falls

Prairie wheat bids rise as dollar falls

Threats of U.S. tariffs on steel and aluminum imports drag on the Canadian dollar

Most wheat bids in Western Canada rose over the week ended March 2, following the lead of U.S. futures and taking strength from a weak Canadian dollar. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices rose in Western Canada by $1-$5, according to price quotes from a


Chicago soy, lower loonie give boost to May canola

Chicago soy, lower loonie give boost to May canola

In U.S. dollars, the commodity’s value is actually down

ICE Futures Canada canola contracts moved to their highest levels in three months during the week ended March 2, having posted gains for 10 straight sessions. Losses in the Canadian dollar and gains in Chicago Board of Trade soybeans helped keep speculators on the buy side. While the May canola contract rose by $25 per




Late-season snowstorm brings Prairies moisture

CNS Canada — After a winter spent waiting for snow, farmers across the southern Prairies were happy when the forecast was right and Western Canada received a late winter snowstorm. “We’ve heard moisture’s coming before and it doesn’t show up or it goes around us. So when it started snowing and it started adding up