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CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, wheat firm ahead of USDA report

CBOT soybeans end mixed

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Chicago | Reuters — Chicago Board of Trade corn and wheat futures firmed on Thursday, with traders unwinding bearish bets ahead of a key U.S. government report on supply and demand on Friday. The soybean market was mixed, with thinly traded old-crop contracts easing and new-crop contracts firming as investors adjusted positions ahead of the
ICE November 2023 canola with Bollinger bands (20,2). (Barchart)
Crops, Markets

ICE weekly outlook: Canola prices ‘cheap’ but rangebound

Trade also watching U.S. soy complex

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MarketsFarm — ICE Futures canola contracts held relatively rangebound during the week ended Wednesday, in choppy activity as traders wait to get a clearer picture on the size of this year’s crop. “Overall, canola is relatively cheap,” said Ken Ball of PI Financial in Winnipeg. He pointed to wide crush margins — over $200 per
(Qingwa/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Few changes expected in coming U.S. reports

Trade's expectations already factored into prices

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MarketsFarm — Soybeans may see significant changes in new-crop carryout numbers when the U.S. Department of Agriculture (USDA) releases several key reports Friday, but corn and wheat estimates will likely stay put for the most part, according to one analyst. USDA releases both its crop production report and its monthly world agricultural supply/demand estimates (WASDE)
A parasitoid wasp settles 
on a flower.
Crops

Army in place to fight crop insect pests

There’s a natural defence insect force guarding grain fields

By
It was the year of the armyworm in Manitoba when a high numbers of adults blew in this spring. But farmers have their own army, plus an air force, ready to meet the invaders and possibly keep their numbers below economic thresholds. “I don’t have enough time to talk about the enormous number of different
CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soy futures rise, wheat drops

Traders adjust positions ahead of USDA report due Friday

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Chicago | Reuters — Chicago Board of Trade soybean futures rose on Wednesday on improving U.S. export demand and as the market recovered from a one-month low reached in the previous session, analysts said. Corn and wheat futures declined. Exporters sold 251,000 metric tonnes of U.S. soy to China, the largest buyer of the oilseed,
Field peas. (Lisa Guenther photo)
Crops, Pulses, Weather

Pulse weekly outlook: Average yields expected for Manitoba crops

Beans, soy may still benefit if rain comes

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MarketsFarm — Pulse crops in Manitoba fared well against the elements which included sporadic rainfall and normal to below-normal temperatures for much of the past month. Provincial pulse specialist Dennis Lange in Altona said field peas should begin harvesting operations next week. “As far as pea acres go, we’re looking at about 145,000 acres. That’s
CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soybean futures firm

Chicago wheat weak on demand view

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Chicago | Reuters — U.S. soybean and corn futures edged higher on Tuesday, recovering from early weakness as investors covered short positions ahead of a key U.S. government crop outlook on Friday, traders said. Wheat futures dipped, with concerns about weak demand for U.S. supplies weighing on the market after Egypt booked another deal for
Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Crops, Markets

U.S. grains: wheat firms on Russian port attack, India import prospects

Attack near grain hub heightens war risks to Black Sea trade

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Chicago | Reuters – Chicago wheat climbed on Friday after a Ukrainian drone attack near a Russian Black Sea export hub, rekindling global supply fears while India raised demand expectations as it considers scrapping wheat tariffs. Soybeans climbed on stronger crude and vegetable oil markets, also on alert following the Black Sea disruptions. Corn followed
North Dakota spring wheat yield down as drought widens
Crops, News

North Dakota spring wheat yield down as drought widens

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Reuters – Spring wheat yields in North Dakota, the U.S.’s top-producing state, will exceed the five-year average but fall short of last year as farmers grapple with an expanding drought, scouts on an annual crop tour said July 25. The Wheat Quality Council tour predicted an average yield of 47.4 bushels per acre, compared to

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