CBOT December 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

CBOT weekly outlook: WASDE yields mixed results

MarketsFarm — World agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) have turned out largely bullish for wheat values, bearish for corn and neutral for soybeans on the Chicago Board of Trade (CBOT). The report, released Tuesday, lowered U.S. wheat stocks by 40 million bushels to total 947 million tonnes,

Jason Shapiro at Grain World. (MarketsFarm photo by Glen Hallick)

Grain World: Geopolitics is back dominating global relations

Saskatoon | MarketsFarm — Geopolitics is again shaping the international scene, including China, Jason Shapiro explained here Thursday at the Grain World conference. Geopolitics, he said, resulted in catastrophic global wars and generated very little peace for close to a century. Shapiro, director of analysis for Geopolitical Futures — an Austin, Tex.-based international risk analysis



(Photo courtesy Canola Council of Canada)

Canada’s canola crush posts new monthly record

MarketsFarm — Canadian oilseed processors set a new monthly record in October 2019, crushing 882,301 tonnes of canola during the reporting period, according to the latest data from Statistics Canada. The crush pace was up by 114,000 tonnes from the previous month and compares with the year-ago October crush of 786,770 tonnes. The previous single





CBOT December 2019 corn with 20-, 50- and 200-day moving averages. (Barchart)

U.S. grains: Harvest pace drags on corn, soybeans

Chicago | Reuters — U.S. soybean futures ended flat on Wednesday as optimism that China would significantly increase U.S. export purchases after offering to waive tariffs was overshadowed by a lack of confirmed buying and an accelerating U.S. harvest. Corn was also flat on harvest pressure and limited demand, while wheat firmed in a modest




(Photo courtesy Canola Council of Canada)

Canadian canola deliveries hit weekly record

MarketsFarm — Canadian farmers made record deliveries of canola into the commercial pipeline during the second week of October, according to the latest Canadian Grain Commission data. Wet weather, including heavy snow in some regions, continued to keep farmers off of their fields across much of Western Canada, but producers were actively delivering canola and