Higher U.S. wheat plantings likely — and needed

Production problems haven’t left markets short yet but that could change if Australian growers 
continue to suffer from a lack of rainfall, which would set the stage for a wheat rally

Reuters / Stubbornly high prices have served to keep U.S. wheat out of contention on the export market in recent months, but a broad jump in winter wheat acreage coupled with growing overseas demand could change that picture. It’s no surprise that farmers in top hard red wheat states such as Kansas are upping their

U.S. judge delays efforts to rein in speculators

AU.S. judge has knocked back tough new rules to clamp down on excessive speculation in commodity markets, handing an 11th-hour victory to Wall Street’s biggest banks and angering lawmakers concerned about high prices for gasoline and other raw materials. Just two weeks before the “position limits” rule was to take effect, U.S. District Court Judge


Less stability under AgriStability: KAP

“I’m going to predict today AgriStability will be losing support and subscriptions from farmers because it really has got to be questionable if you’ll ever see a payment,” Doug Chorney said Sept. 14 following the conclusion of the federal-provincial-territorial agriculture ministers’ meeting in Whitehorse, Yukon. Federal Agriculture Minister Gerry Ritz says governments will support farmers



U.S. hog market “a wreck”

chicago / reuters / Record-high feed costs caused by the worst drought in half a century are forcing U.S. farmers to slaughter more of their hogs, with the number reaching 9.9 million head in August. With the pace of slaughter set to increase seasonally in the fourth quarter, the country could be awash with pork.







Canola prices slide as harvest begins

Weather issues continued to dominate the price patterns experienced by the oilseed markets located on the ICE Canada platform and the Chicago Board of Trade during the week ended July 27. The price movement in both resembled that of a roller-coaster with the up-and-down movement far from being over. ICE canola futures lost $36 to