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CBOT July 2022 soybeans (candlesticks) with 20- and 50-day moving averages (yellow and green lines). (Barchart)
Crops, Markets

U.S. grains: Soybeans drop to three-week lows

Wheat futures hit lowest since April 8; corn drops to one-week low

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Chicago | Reuters — Chicago soybean futures dropped to a more than three-week low on Monday, pressured by falling crude oil markets and delayed U.S. corn planting that some analysts think could push farmers to plant more soybeans. Corn fell ahead of the U.S. Department of Agriculture’s weekly planting progress report on Monday afternoon, showing
CBOT July 2022 wheat (candlesticks) with 20-day moving average (green line), MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)
Crops, Markets, Weather

U.S. grains: Wheat futures fall after rains

Chicago soybeans, corn flat

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Chicago | Reuters — U.S. wheat futures fell to three-week lows on Friday, led by hard red winter wheat contracts after showers in key growing parts of the U.S. Plains provided a much needed boost to soil moisture, traders said. Corn futures ended unchanged after spiking to their highest in nearly 10 years for the
CBOT July 2022 soyoil (candlesticks, right column) with July 2022 soybeans (yellow line, left column). (Barchart)
Crops, Markets

U.S. grains: Soyoil futures rally to record high

Corn hits highest since August 2012

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Chicago | Reuters — U.S. soyoil futures surged to a record high on Wednesday after Indonesia broadened its export ban on raw materials for cooking oil to fight food inflation, traders said. “The move dramatically tightens an already tight global supply of edible oils that saw global prices surge when the Russian invasion of Ukraine
CME June 2022 live cattle (candlesticks) with 20-, 30-, 40- and 200-day moving averages (pink, brown, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle, hog futures weak as feeding costs rise

Corn's 'unending rally' drags on feeder cattle

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Chicago | Reuters — CME cattle futures fell on Wednesday as traders assessed higher feeding costs due to a sharp gains in corn. Hog futures were also weak, falling for the sixth time in seven sessions, with prospects for more COVID-19 lockdowns in China further chilling the already weak export demand from the world’s top
Yuri, a Ukrainian farmer, wears his body armour while preparing to work in a field on April 26, 2022 in the country’s southern Zaporizhzhia region. (Photo: Reuters/Ueslei Marcelino)
Crops

Ukrainian farmers don bulletproof vests to plough frontline fields

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Zaporizhzhia | Reuters — Ukrainian farmers in the southern region of Zaporizhzhia, which borders the frontline of the military conflict with Russia, are now wearing body armour to plough their fields. A week after the war started, grad rockets — bombs fired via a truck-mounted multiple-launch system — began falling right next door to the
(Greg Berg photo)
Crops, Markets, Weather

StatsCan predicts more Canadian wheat acres, less canola in 2022

Lentil, corn, soy acres are also expected up from 2021, barley down

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MarketsFarm — Canada’s farmers intend to seed more acres to wheat and less to canola in 2022, according to the first survey-based estimates from Statistics Canada for the upcoming crop year released Tuesday. Canola area is forecast at 20.9 million acres by the government agency, which would be down by seven per cent from the

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