McMillan: USDA area estimates surprise trade

CNSC / The U.S. Department of Agriculture surprised some analysts Wednesday by leaving seeded area estimates unchanged for all U.S. crops. Before the report, a poll of grain analysts by Reuters found expectations were for corn acres to drop 1.5 million acres and soybean acres to rise 700,000 due to seeding difficulties this spring. Over









Grain market report

Weather issues played a role in determining the price direction of the Canadian and U.S. grain and oilseed markets during the week ended May 24 and it looks like this influence is still in the back of everyone’s mind. Canola values on the ICE Futures Canada trading platform trended higher in the latest reporting period,