Daily Network News

More News →

Tag Archives ending stocks

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Look for May USDA report to be bullish

New WASDE will include first projections for 2021-22

By ,
MarketsFarm — With the next supply and demand estimates from the U.S. Department of Agriculture (USDA) a week away, broker Ryan Ettner provided his outlook on the report. “[Soybean] exports have been good enough to meet the USDA’s expectations,” but maybe not enough to adjust any of their numbers, said Ettner, a broker for Allendale
CBOT July 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange, dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn tops $7 for first time since 2013 in most-active contract

High corn prices are not destroying demand, Bunge CEO says

By ,
Chicago | Reuters — U.S. corn futures on Tuesday topped US$7 a bushel in the most-active contract for the first time since 2013 as unfavourably dry crop weather in Brazil kept attention on tightening global supplies. Surging prices have done little to curb robust demand for corn used to feed livestock and produce ethanol, opening
(Dave Bedard photo)
Crops, Markets

StatsCan’s projected canola area on low side of expectations

Wheat acres expected lower, barley up

By ,
MarketsFarm — As the market grapples with new planting projections from Statistics Canada, one thing was abundantly clear to MarketsFarm Pro analyst Mike Jubinville: this canola forecast isn’t enough to rectify tight ending stocks. In StatsCan’s survey-based principal field crop areas report, released Tuesday, the federal agency pegged canola acres for 2021-22 at 21.53 million,
CBOT July 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Corn, soy extend multi-year highs

Tightening global supply picture supportive; CBOT wheat also up

By ,
Chicago | Reuters — U.S. corn and soybean futures closed firm on Friday after rocketing to multi-year highs this week on tightening domestic and global supplies, traders said. As stocks from the 2020 harvest dwindle, dryness in Brazil and a U.S. cold spell raised doubts about prospects for the 2021 corn crops in the world’s
(Dave Bedard photo)
Crops, Markets

Slight adjustments in AAFC’s April supply/demand report

By ,
MarketsFarm — Updated supply and demand estimates from Agriculture and Agri-Food Canada, released Tuesday, included only minor adjustments to balance sheets for most major crops. Statistics Canada releases its first survey-based acreage estimates for the upcoming growing season on Tuesday next week (April 27), which should lead to adjustments in subsequent supply/demand projections. Canola ending
CBOT July 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Corn tops $6 a bushel, soy at seven-year high

CBOT wheat also books life-of-contract high

By ,
Chicago | Reuters — U.S. corn futures climbed to their highest in nearly eight years on Tuesday and soybean futures neared a seven-year high as tightening supplies supported cash markets and attracted speculative buying, analysts said. Worries about dry conditions curbing corn yields in Brazil and cold weather slowing germination of the 2021 U.S. crop
(iStock photo)
Crops, Markets

Pulse weekly outlook: Slight increase in lentil acres likely

Increase 'won't be as big as people think'

By ,
MarketsFarm — Lentil acres are likely to increase slightly when farmers take to planting this spring, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. The pulse industry will get a better idea of what will be going into the ground over the coming weeks on April 27, when Statistics Canada releases its
(Qingwa/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Focus to shift after USDA’s largely stand-pat WASDE report

By ,
MarketsFarm — There was little change in U.S. markets shortly after the release of the latest supply and demand estimates from the U.S. Department of Agriculture (USDA). But that scenario could change for wheat markets, said Steve Georgy, president of Allendale Inc. at McHenry, Ill. “We’ve got to pay attention to how the wheat markets

AgCanadaTV

AgCanadaTV: Inflation puts tighter squeeze on farmers

Sponsored by:
More Videos →

Cyber-Savvy Farmer

Glacier Farmmedia Podcast

Latest Market News

More Market News →