Daily Network News

More News →

Tag Archives ending stocks

(OceanFishing/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: ‘No fireworks’ in January USDA reports

By ,
MarketsFarm — Updated supply/demand data from the U.S. Department of Agriculture were slightly bearish for grains and relatively neutral for soybeans, although there were no real surprises, according to an analyst. “There were no fireworks out of this report,” said Terry Reilly of Futures International in Chicago. World numbers put some pressure on wheat futures,
CBOT March 2022 wheat (candlesticks) with K.C. March 2022 wheat (yellow line) and MGEX March 2022 wheat (green line, left column). (Barchart)
Crops, Markets

U.S. grains: Wheat futures fall on bigger-than-expected plantings, stocks

Winter wheat plantings exceed analysts' expectations; USDA also cuts corn, soybean crop estimates in South America

By ,
Chicago | Reuters — U.S. wheat futures extended losses on Wednesday after the U.S. Department of Agriculture projected that domestic farmers planted more acres than traders anticipated. Larger-than-expected USDA estimates for wheat inventories added pressure on the market, analysts said, after supply concerns drove Chicago Board of Trade futures prices to nine-year highs in November.
(Dave Bedard photo)
Crops, Markets

AAFC adjusts grain, oilseed balance sheets slightly

By ,
MarketsFarm –– Updated supply and demand tables from Agriculture and Agri-Food Canada (AAFC), released late Friday, included only minor adjustments to balance sheets for the country’s major crops. The department’s projected ending stocks for wheat and canola were left unchanged from the previous month. Factoring in the official estimates from Statistics Canada, released Dec. 3,
CBOT March 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Wheat hits one-month low on USDA projections

Corn, soybean futures rise

By , ,
Chicago | Reuters –– U.S. wheat futures slumped to a one-month low on Thursday after the U.S. Department of Agriculture forecast larger-than-expected global production and stocks in a monthly report that reinforced a recent spate of bearish news. Corn and soybean futures tracked wheat lower, but promptly rebounded from their lows on speculative and technical
(Lentils.ca)
Crops, Markets

Pulse weekly outlook: Lentil prices steady to lower despite supply cuts

Lentil crop smallest in almost a decade

By ,
MarketsFarm — Just like many other crops in Western Canada, lentil production was cut sharply due to this year’s drought. Canada’s lentil crop was reduced by 37.2 per cent to 1.802 million tonnes for the 2021-22 marketing year, according to Agriculture and Agri-Food Canada’s (AAFC) principal crop estimates from Friday. The total represents Canada’s lowest
(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Bids jump after USDA projects cuts

By ,
MarketsFarm — A larger-than-expected cut in the U.S. Department of Agriculture’s (USDA) latest supply and demand forecast, plus rising wheat futures in anticipation of tighter worldwide supply, led to higher bids for western Canadian wheat for the week ended Thursday. USDA on Tuesday trimmed world wheat ending stocks to 275.8 million tonnes, down 1.38 million
CBOT January 2022 soybeans (candlesticks) with 20-day moving average (dark green line) and ICE January 2022 canola (yellow line, left column). (Barchart)
Crops, Markets

U.S. grains: Soy jumps on USDA’s surprise cut to yield estimates

Traders had expected a higher soy yield; U.S. corn carryout seen lower than last month

By ,
Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures soared on Tuesday after the U.S. Department of Agriculture reduced its estimate for domestic yields, surprising traders who were expecting an increase. USDA pegged production at 4.425 billion bushels on a yield of 51.2 bushels per acre in a monthly crop report. That was

AgCanadaTV

AgCanadaTV: Inflation puts tighter squeeze on farmers

Sponsored By:
More Videos →

Cyber-Savvy Farmer

Glacier Farmmedia Podcast

Latest Market News

More Market News →