U.S. grains: Soy, corn rally on smaller-than-expected stockpiles

U.S. grains: Soy, corn rally on smaller-than-expected stockpiles

Chicago | Reuters — China bought more U.S. soybeans on Monday as the U.S. Department of Agriculture reported crop stockpiles were smaller than traders expected, sending futures prices to nine-week highs. Corn futures set an eight-week high after the USDA report also showed tighter-than-expected inventories of the yellow grain. Farmers welcomed the rallies after crop


Despite harvest being somewhat behind, Jake Ayre said he’s had a good yield thus far.

Wet weather makes mud of farm tires

After a dry summer, a dumping of water bogs down harvest 2019

Wet weather put the brakes on harvest in many regions of Manitoba, putting progress behind average and threatening crop quality. “We’re definitely behind,” said Jake Ayre, who farms near Minto. On September 24, he said their harvest was about 40 per cent complete. “Believe it or not, we combined 100 acres yesterday,” he said. Ayre



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

U.S. grains: Corn, soybean futures ease

Chicago | Reuters –– Chicago Board of Trade (CBOT) corn and soybean futures closed lower on Friday, as weather forecasts showed fewer yield risks to Midwest crops ahead of harvesting, as traders jockeyed for positioning ahead of a U.S. grain stocks report slated for Monday, traders said. Meanwhile, CBOT wheat futures extended a technical bounce

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

U.S. grains: Soy futures end near unchanged

Chicago | Reuters — U.S. soybean futures finished near unchanged on Thursday after initially rising on hopes for further Chinese purchases, traders said. China, the world’s largest soybean importer, will buy about six million tonnes of soy from the United States before trade talks in early October, said a chief analyst at Shanghai JC Intelligence



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

U.S. grains: Soybeans slip on weather, Chinese buying concerns

Chicago | Reuters — Chicago soybean futures fell on Wednesday as investors worried U.S.-China trade relations could escalate and as thoughts of frost impacting U.S. Midwest yields began to ease, traders said. Soybean futures faced pressure after President Donald Trump criticized Chinese policy in his address at the United Nations on Tuesday, reviving worries that


Harvest progress in Manitoba slowed by widespread rainfall

Manitoba Crop Report and Crop Weather report for September 24

Southwest Region Severe thunderstorms with hail and heavy rains fell over the last week and on the weekend. Rainfall has prolonged harvest, which is already delayed from earlier high moisture conditions. Other than Russell area, most districts received 30 to 110 mm rainfall. Brandon, Boissevain, and Mountainside all received greater than 100 mm. Frequent rains