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Crops Crops

(Dave Bedard photo)
Crops, Markets

Funds reduce net short position in canola

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MarketsFarm — Fund traders were covering short positions in canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 48,614 contracts (886 long/49,500 short), a decrease of about
CBOT May 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat retreats from two-month peak

Corn rallies to end firm

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Chicago | Reuters — U.S. wheat futures fell on Thursday, retreating from a two-month high set the previous session, as traders booked profits and awaited developments in the coronavirus crisis that had sparked the recent run-up in wheat markets. Soybean futures also declined but corn rallied late in the session to eke out a modest
(File photo by Dave Bedard)
Crops

Farm suppliers race COVID-19 spread for planting season

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Winnipeg/Chicago | Reuters — North America’s biggest farm suppliers are accelerating shipments of fertilizer, seeds and agricultural chemicals to crop-growing regions in an unprecedented race against the coronavirus that threatens to disrupt planting season. The timing could not be worse for farmers preparing to plant crops. Disruptions in deliveries of fertilizer, seeds or chemicals could
(Gelmold/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Wheat futures underpinned for now

However, traders still watching headlines

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MarketsFarm — U.S. wheat futures have climbed higher over the past week, with the largest gains in Chicago Board of Trade soft wheat, as global uncertainty over the COVID-19 pandemic provided some support. However, that uncertainty could also makes predicting market trends rather difficult, according to an analyst. “All of my comments come with a
Gordon Harrison. (Manitoba Co-operator file photo by Allan Dawson)
Cereals, Crops

Lots of flour to go around, millers’ association says

System is 'doing extremely well' and should have no problem keeping up with demand, CNMA's Gordon Harrison says

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The grain supply chain is working as it should during the COVID-19 pandemic, says the president of the Canadian National Millers Association. “From the milling industry vantage point, the movement of grain from farm to the producer to the elevator systems to mills is doing extremely well,” Gordon Harrison said Tuesday. “The grain supply chain
(File photo by Dave Bedard)
Crops

Safety protocols in place for farmers’ grain deliveries

Grain moving as normal, but farmers need to practice social distancing when delivering to elevators

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Grain deliveries to country elevators should continue without any disruptions, the executive director of the Western Grain Elevator Association says. “All of the members of the Western Grain Elevator Association are doing everything in their power to keep the grain supply chain functioning” during the COVID-19 coronavirus pandemic, Wade Sobkowich said Tuesday. “That means we’ll

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