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Bison on pasture near Teulon, Man. on May 30, 2023. (MarketsFarm photo by Glen Hallick)
Livestock, Markets

Bison industry expanding, becoming mainstream

Bison meat emerging from 'seasonal' perception

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MarketsFarm — The Canadian bison industry has been through some difficult times during the last few years but is now emerging from those doldrums, according to Manitoba Bison Association president Robert Johnson. “Between the two drought years and the COVID-19 pandemic, then high feed prices, probably the last two years have been pretty crappy for
CBOT July 2023 soft red winter wheat with 20-day moving average (green line, right column) and MGEX and K.C. July 2023 wheats (yellow and orange lines, left column). (Barchart)
Crops, Markets

U.S. grains: Wheat futures snap winning streak

Corn weak, soybeans mixed

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Chicago | Reuters — U.S. wheat futures fell on Wednesday, with the most-active Chicago Board of Trade soft red winter wheat contract snapping a five-session rally that had pushed prices to their highest in nearly three weeks, traders said. But concerns about export demand for U.S. supplies pulled wheat prices lower, with high-protein offerings notching
CBOT July corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soybean futures sag on demand woes

U.S. wheat futures firm

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Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell on Monday, retreating from gains made during the overnight trading session on signs that already light export demand for U.S. supplies had weakened further, traders said. Wheat futures were firm, with the biggest gains being notched by K.C. hard red winter wheat
CBOT July 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soy up on weather worries, macroeconomic optimism

Black Sea tensions, China weather support wheat

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Chicago | Reuters — U.S. corn and soybean futures closed higher on Friday, lifted by bargain-buying following this week’s multi-month lows, dryness in the Midwest crop belt and spillover strength from equities and crude oil, traders said. Wheat followed the firm trend, drawing additional support from weather concerns in China and tensions over a shipping
CBOT July 2023 soft red winter wheat with Bollinger bands (20,2), MGEX July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat bounces off 2-1/2 year low

Corn, soy futures pare losses

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Chicago | Reuters — Chicago wheat futures closed higher on Wednesday on a round of bargain buying after the benchmark July contract dipped to its lowest level in nearly 2-1/2 years, dragged down by strong competition for export business and macroeconomic worries, brokers said. Similarly, U.S. corn and soybean futures recovered from steep declines, with
CBOT July 2023 soft red winter wheat with 20- and 50-day moving averages, MGEX July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat, corn, soy fall on uncertain demand, weather

Sagging equities, crude oil also bearish on grains

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Chicago | Reuters — U.S. wheat, corn and soybean futures tumbled on Tuesday, pressured by macroeconomic worries, strong competition for global grain export business and some forecasts for beneficial Midwest rains next month that could bolster production prospects, analysts said. “The wetter outlook removed the one factor providing stability for the grain and oilseed markets,

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