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CBOT May 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Brazilian storms push U.S. corn, soy futures higher

Cold-weather concerns support wheat

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Chicago | Reuters — U.S. corn and soybean futures rose on Wednesday as storms in major production areas of Brazil disrupted fieldwork, threatening to slow export shipments from one of the world’s major suppliers, traders said. “Very heavy rains remain in the forecast for Brazil’s northern soybean belt, where farmers are trying to harvest this
CBOT May 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat, soy, corn futures rise

Still remain below multi-year peaks

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Chicago | Reuters — U.S. wheat futures rose on Monday, led by a 2.2 per cent gain in the benchmark Chicago Board of Trade May soft red winter wheat contract, as traders focused on the condition of the crop after severe cold snaps in key growing regions. “Wheat is receiving some support from cold weather
China finds illegal work on genetically modified crops
News

China finds illegal work on genetically modified crops

The nation has signalled it will accept the technology, but has not yet officially done so

By
China’s Ministry of Agriculture and Rural Affairs has found eight companies and research institutes that illegally produced or carried out research on genetically modified (GM) seeds. The companies included two seed marketing companies in northeast Liaoning province and two corn breeders in northwest Xinjiang province that were producing GM corn seed. The ministry said seeds
Toews Family Enterprises tops corn competition
News

Toews Family Enterprises tops corn competition

A harvest of 281.9 bushels to the acre earned the farm the annual honours

By
Toews Family Enterprises, of MacGregor, has earned top spot in the 50th annual corn yield competition, hosted by the Manitoba Crop Alliance, with 281.9 bushels an acre. It will get its name inscribed on the trophy and will safeguard it for the year, as well as earning a $1,000 cash prize donated by the winning
CBOT November 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans rise as USDA projects tight supplies into 2022

Wheat slumps on profit taking, nearby corn also slips

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Chicago | Reuters — U.S. soybean futures firmed on Friday after the U.S. Department of Agriculture (USDA) forecast domestic supplies of the oilseed would remain historically tight into 2022 despite its projection for a record-large harvest this autumn. Corn futures were mixed, with nearby contracts slipping from earlier highs on profit-taking ahead of the weekend,
CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Weather

U.S. grains: Soybeans, corn slump on record USDA acreage projections

Wheat gains on harsh U.S. cold, surging European wheat

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Chicago | Reuters — Corn and soybean futures retreated on Thursday after the U.S. Department of Agriculture (USDA) projected that U.S. farmers would devote more acres to the two crops this spring than any year on record. U.S. wheat futures, meanwhile, climbed to the highest level in 2-1/2 weeks on rallying European wheat prices, a
CBOT March 2021 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Wheat retreats after cold-weather rally

Corn, soy futures consolidate

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Chicago | Reuters — U.S. wheat futures fell two per cent on Wednesday, retreating from a two-week high set in early moves, as concerns eased about cold-weather damage following a frigid weekend in the U.S. Plains, analysts said. Corn futures firmed slightly, consolidating below multi-year highs established last week, and soybean futures closed mixed. A

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