Grain Markets
Argentina set for bumper wheat crop
Other wheat-growing regions are facing weather woes
China uncertainty continued in last week’s grain markets
A recent small purchase from the U.S. had little influence on price
Little direction in grain markets until August 12
USDA’s WASDE report will provide long-awaited numbers on corn, soybean and acres which were prevented from planting
Bearish influences continue to weigh on canola market
Improved crop conditions have also contributed to the trend, though corn is still king
Weather supportive for canola crops, albeit not for prices
Uncertainty also continues over U.S. soybean acreage
Wheat bids turn out mixed across the Prairies
Minneapolis, Chicago and Kansas City September wheats were all down on the week
Action in oilseed markets swings on weather forecasts
Precipitation on the Prairies will steer canola values
Western Canadian wheat bids up in all classes
Gains in Kansas City and Chicago wheat futures offered up some support for cash prices
Lingering old-crop supplies limit canola futures’ climb
U.S. seeding delays could lift spring wheat — but not yet
CWRS, CPSR bids mixed across Prairies
Minneapolis July wheat futures were up on the week, while K.C. July wheat fell