(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat ends up three per cent

Chicago | Reuters — U.S. wheat futures climbed about three per cent on Wednesday on a mix of technical buying and enthusiasm over a larger-than-expected wheat purchase by top global importer Egypt a day earlier, traders said. Corn and soybeans also rose, supported by fund investment at the start of a new month and carry-over


CBOT oat December 2016. (chart as of Nov. 18, 2016)

Drozd: Oat futures rally to a one-year high

Market Outlook: The increase might seem sudden but charts predicted upward movement

Oat futures at the CBOT experienced a 40 per cent gain from September 13 to October 28, 2016. The December 2016 oat futures rallied $.69 per bushel (all figures U.S. funds), going from a low of $1.71 to $2.40, a one-year high. The December oat futures contract had been in a major downtrend since it



soybeans and soybean pods

Soybean yields may be major thorn in bulls’ sides: Braun

All signs are pointing to a bin-busting U.S. soybean crop that could upend markets

Expectations surrounding the U.S. soybean crop keep growing. Not only is a reality check in order — in terms of whether such big yields are even possible — but the impact on domestic stocks may be of greater interest. Analysts were expecting soybean yields to rise to 51.5 bushels per acre in the U.S. Department



(LouisDreyfus.ca)

Louis Dreyfus stems profit slide, but headwinds persist

Paris | Reuters — Agricultural trading giant Louis Dreyfus Company eked out a small rise in 2016 first-half net profit, saying steady shipped volumes helped it weather another tough period in commodity markets. Louis Dreyfus has been grappling with ample supply, lower prices and slower economic growth that have cut margins, while also going through

(OPEC.org)

OPEC announcement could boost ag markets, maybe

CNS Canada — The bearish malaise that has gripped the North American agricultural market shows no sign of breaking soon, and it could take a major disruption, say such as a hike in oil prices, to lead the way higher, according to some industry watchers. “Let’s say we go to US$55 (per barrel). That would



farmers talking in a field

Income decline makes farm management skills key

But farm balance sheets are generally strong, the president of FCC says

The analogy may be outdated, but the old advice to farmers to sharpen their pencils applies to the financial conditions they will likely face during the next few years, says Mike Hoffort, president of Farm Credit Canada. “We’ve gone through a rising cycle of farm incomes and now we’re entering a period when good management