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CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets

CBOT weekly outlook: USDA acreage numbers provide bullish spark for corn, soy

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MarketsFarm — Much-anticipated acreage estimates from the U.S. Department of Agriculture, on Wednesday provided a bullish boost to Chicago Board of Trade (CBOT) soybean and corn markets, with planting intentions for both crops coming in well below trade expectations. Corn futures were up by their 25 cents per bushel daily limit in reaction to USDA’s
CBOT May 2021 soybeans with 20- and 50-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soy, corn limit-up on planting intentions

USDA acreage data provides lift; wheat also higher

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Chicago | Reuters — Chicago soybean and corn futures surged by their daily trading limits on Wednesday after the U.S. Agriculture Department released smaller-than-expected U.S. planting intentions. Wheat followed higher, despite USDA’s higher-than-expected quarterly grain stocks. The most-active soybean futures contract on the Chicago Board of Trade (CBOT) added 70 cents to $14.36-3/4 per bushel,
A mayfly on water. (SBTheGreenMan/iStock/Getty Images)
Crops

Health Canada steps back from bans on two neonics

New limits, some cancellations to be put in place

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A federal proposal to protect aquatic insect habitat by cancelling all registered outdoor uses for two popular ag insecticides has been walked back in a major way. Health Canada on Wednesday announced its special review decisions on the risks to aquatic bug life from the use of clothianidin and thiamethoxam, both pesticides and seed treatments
CBOT November 2021 soybeans with 20-, 40- and 50-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soy, corn, wheat futures slide ahead of USDA data

Planting intentions, stocks reports due Wednesday

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Chicago | Reuters — U.S. soy and corn futures fell on Tuesday as traders liquidated positions and booked profits a day ahead of a pair of key crop reports from the U.S. Department of Agriculture, analysts said. Wheat also declined, with a firmer dollar hanging over the market along with spillover from broad weakness in
CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Corn falls one per cent, soy drifts lower

May wheat ends up off nine-week low

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Chicago | Reuters — U.S. corn futures fell about one per cent on Monday on position squaring ahead of crop reports due this week from the U.S. Department of Agriculture (USDA) along with forecasts for generally favourable planting weather in the Midwest, analysts said. Soybean futures also declined while wheat closed higher, rallying on bargain
CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybeans follow veg oils lower

Corn, wheat gain after selloff

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Chicago | Reuters — Chicago soybean futures slid on Friday, pressured by declines in soyoil and funds squaring positions ahead of the U.S. Department of Agriculture’s grain stocks and planting intentions reports due March 31, traders said. Corn and wheat rebounded from prior day losses, but failed to end the week higher. The most-active soybean
CBOT May 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat hits three-month low on supply prospects

CBOT soybeans, corn also decline

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Chicago | Reuters — U.S. wheat futures fell to their lowest level of 2021 on Thursday, pressured by improving global production prospects and a firmer dollar, which tends to make U.S. grains less competitive globally, analysts said. Corn and soybean futures also eased, following broad declines in commodities along with position-squaring ahead of key U.S.
(Dave Bedard photo)

USDA plans more pandemic programs for disadvantaged farmers

Review found disparities in farm aid distribution

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Chicago | Reuters — The U.S. Department of Agriculture said on Wednesday it will dedicate at least US$6 billion to help smaller-scale and socially disadvantaged farmers who were hurt by the pandemic, along with producers of organic food and other specialty crops. The agency said it would also increase by approximately $5.6 billion payments made

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