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

U.S. grains: Corn posts steepest drop in nearly three years on USDA reports

Chicago | Reuters –– U.S. corn futures tumbled more than four per cent on Friday in the market’s steepest drop in nearly three years after the U.S. Department of Agriculture (USDA) estimated U.S. stocks and projected spring plantings above nearly all trade estimates. Soybeans and wheat followed corn lower despite USDA’s lower-than-expected soy and spring





(Ralph Pearce photo)

U.S. grains: Wheat near limit-up on yield concerns

Chicago | Reuters — U.S. wheat futures surged on Wednesday, supported by concerns about crop shortfalls in key production areas around the globe, traders said. The strength in wheat lifted corn futures to their highest in more than three weeks. Corn also received support from concerns about dry conditions limiting harvest yields in parts of

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U.S. spring wheat, durum expected to surge

CNS Canada — Data released today from the U.S. National Agricultural Statistics Service showed large expected increases in spring wheat and durum production this year. Spring wheat production in the country, not including durum, is forecast at 614 million bushels, up 48 per cent from 2017. Of that, 584 million bushels, or 95 per cent



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Prairie wheat bids mixed with choppy loonie

The Canadian dollar bounced back Friday from a week on the downslope

Hard red spring wheat bids in Western Canada were mixed for the week ended Dec. 1, as the Canadian dollar saw wide price swings during the course of the week. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $1 per tonne in some areas


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy hits one-week top

Chicago | Reuters — U.S. soybean futures climbed to a one-week high on Friday, buoyed by a light surge of buying in the closing minutes of trade following a dull, largely technical session, analysts said. Wheat and corn also closed with modest gains. Chicago Board of Trade November soybeans settled up four cents at $9.72-1/4