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Winter wheat

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Corn hits five-month high

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Chicago | Reuters — Chicago Board of Trade corn futures rose to a five-month high on Tuesday, with strong exports and technical buying supporting prices, traders said. Wheat futures also closed firm, their fourth straight day of gains, while soybeans eased on technical selling, traders said. CBOT wheat benefited from short-covering as investors unwound bearish
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soy falls on Argentine rain view

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Chicago | Reuters — U.S. soybean futures weakened on Monday on forecasts for some much-needed rain in dry parts of Argentina’s growing areas, traders said. Wheat and corn futures closed higher, with wheat receiving support from improving export hopes for U.S. supplies, traders said. Both grains traded in negative territory before buyers stepped in to
A close-up of emerging corn seedlings north of London, Ont. on May 24, 2016. (Ralph Pearce photo)
Crops, Weather

StatsCan confirms drought impact on Ontario yield

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Statistics Canada has confirmed what most farmers in Ontario knew this past summer: Hot and droughty conditions drove production of corn and soybeans almost 10 per cent lower than 2015 levels. StatsCan’s harvest report, released this week, also showed the large wheat crop in Ontario was a record, with a 56 per cent increase in
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soybeans down on profit-taking before USDA data

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Chicago | Reuters — U.S. soybean futures dropped two per cent on Thursday, the steepest decline in 2-1/2 months, on profit-taking tied to lower veg oil prices and extended weather outlooks for rainfall in Argentina, traders and analysts said. U.S. President-elect Donald Trump’s nomination of Oklahoma Attorney General Scott Pruitt to run the nation’s Environmental
(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat, corn sag on ample supplies

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Chicago | Reuters — U.S. wheat and corn futures fell on Wednesday, pressured by plentiful world feedgrain supplies and profit-taking following light rallies a day earlier, traders said. Soybean futures ended modestly higher after a choppy session, supported by fresh export demand for U.S. soy and worries about South American crop weather. Chicago Board of
(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Corn, soybeans rally, pull wheat higher

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Chicago | Reuters — U.S. soybean futures rose 1.5 per cent on Monday, snapping a four-session fall, as healthy overseas demand and rallies in Asian oilseed markets countered pressure from large global supplies, traders said. The gains in soybeans spilled over into corn and wheat markets, which also benefited from short covering by investment funds.
(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat ends week down 3.6 per cent

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Chicago | Reuters — U.S. corn and wheat futures firmed on Friday on bargain-buying a day after falling to multi-month lows, but both grains posted weekly declines reflecting swelling global supplies. Soybeans ended modestly lower after a choppy session. Chicago Board of Trade March wheat settled up 8-3/4 cents at $4.04-1/4 per bushel and March

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