The United States Department of Agriculture’s (USDA) monthly supply/demand estimates, released on March 8, were largely left unchanged, the exceptions being South American corn and soybeans as well as U.S. wheat.
Few changes in March USDA report
Increased projections for South American corn, soybeans, U.S. wheat carryout
Prairie Wheat Weekly: Bids hold against weak U.S. futures
Low exports, declining Black Sea, European milling wheat prices pressure U.S. wheat
Western Canadian wheat bids were little affected by a stronger Canadian dollar and the recent drop-off in United States wheat futures during the week ended March 7.
Feed grain weekly outlook: Growers looking at the skies, prices
Barley prices should decline in later spring as growers sell, analyst says
Despite recent weather bringing much-needed moisture into southern Alberta, dryness remains a concern in the region weeks before the start of seeding.
Are corn markets poised for a rebound in March?
Ethanol and possibility of China purchases support a rebound
The leap year’s extra day in February provided another one with misery for crop prices on both sides of the Canada-U.S. border. Whether canola, corn, wheat or the Chicago soy complex, all May contracts were under their respective 50- and 100-day averages, and all had large net short positions as of Feb. 29. Each one
Pulse weekly outlook: More acres for dry beans in Manitoba
Soybean acres also expected to increase
The Manitoba government’s pulse specialist said it’s likely there will be more dry bean acres seeded in the province this spring.
Continued strong demand supports cattle prices
StatsCan says Canadian herd the lowest since 1989
The Louis Riel Day long weekend in Manitoba only slightly reduced the number of cattle going through the rings at most auction sites during the week ended Feb. 22. Six of eight sites saw at least 1,000 animals sold at their regular sales, and five sold more cattle than the week before. But while 11,969
ICE weekly outlook: Canola seeking a catalyst
Soyoil has been weaker than expected, pressuring canola, analyst says
Canola prices on the Intercontinental Exchange (ICE) went up during the week ended Feb. 28, but signs of upcoming extended rallies are hard to come by.
CBOT weekly outlook: Corn acres could drop further says strategist
Lower prices blamed on funds, 'too much farmer ownership'
Corn acres in the United States may end up even lower than early expectations if the market remains under pressure, according to an analyst.
Prairie wheat weekly outlook: Weaker U.S. futures drag Western Canadian wheat bids
Cheaper Russian wheat exports also dragged global wheat prices down
United States wheat futures hit new contract lows and pressured Western Canadian wheat bids during the week ended Feb. 15.
Feed grain weekly: Buyers waiting longer to purchase more grain
U.S. corn shipments continue to put pressure on feed prices
Buying activity for feed barley and feed wheat in Western Canada is moving slowly and prices continue to decline, according to Susanne Leclerc, owner of Market Master Ltd. in Edmonton.
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