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CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: USDA cuts soy, corn crop outlooks, trims demand

Large Russian wheat supplies temper war worries

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Chicago | Reuters — U.S. soybean futures jumped to a two-week high on Wednesday after the U.S. Department of Agriculture (USDA) unexpectedly cut its U.S. harvest forecast and raised imports by top soy buyer China in a monthly report. Soybean price gains were held in check, however, by expectations for large South American crops that
CBOT December 2022 soft red winter wheat (candlesticks) with 20-, and 50-day moving averages (green and black lines), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat, corn slip ahead of key crop forecasts

Corn, soy consolidate as U.S. crop data watched

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Chicago | Reuters — Chicago wheat futures fell back on Tuesday, after jumping to a three-month high a day earlier, as signs of escalation in the war between Russia and Ukraine continued to raise concerns about the viability of Black Sea grain trade in the coming months. Corn futures slipped, and soybeans firmed, as investors
CBOT December 2022 soft red winter wheat (candlesticks) with MGEX December 2022 hard red spring wheat (green open/high/low/close) and K.C. December 2022 hard red winter wheat (orange O/H/L/C). (Barchart)
Crops, Markets

CBOT weekly outlook: Tightening stocks underpin U.S. wheat, corn

USDA's soybean data seen as bearish

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MarketsFarm — Tighter-than-expected quarterly wheat and corn stocks in last Friday’s report from the U.S. Department of Agriculture provided the biggest influence on the futures markets over the past week, with larger soybean stocks putting some nearby pressure on that market. Corn stocks in the U.S., as of Sept. 1, came in at 1.377 billion
CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soy sags on recession fears, firm dollar

Corn inches higher, wheat down on day

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Chicago | Reuters — U.S. soybean futures ended down about one per cent on Wednesday on macroeconomic worries as the dollar bounced and brokers awaited more information on the size of the U.S. harvest, analysts said. Wheat futures closed lower after a choppy session but corn eked out a higher close as traders awaited fresh
(Keshin/iStock/Getty Images)
Crops, Markets

Quinoa production improves in 2022-23

Yields swing closer to average level

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MarketsFarm — Compared to last year, Canada’s 2022-23 quinoa harvest has significantly improved, with yields exceeding expectations, according to Michael Dutcheshen of Saskatoon-based NorQuin. “Last year was a tough year for Canadian farmers for all crops, with quinoa no exception. This year is looking a lot more positive. We seem to have missed the hot

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