(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat falls; corn, soy firm

Chicago | Reuters — U.S. wheat futures fell on Friday, led lower by a sharp decline in MGEX spring wheat as investors liquidated bullish positions following the U.S. Department of Agriculture’s forecast for a bigger-than-expected crop in the northern Plains, traders said. The selloff pushed the benchmark Chicago Board of Trade soft red winter wheat



Canadian wheat bids rise, but upside limited

Canadian wheat bids rise, but upside limited

Weekend rains led to a sharp sell-off Monday morning, and those losses should spill into the Canadian cash market

Hard red spring wheat bids in Western Canada posted small gains during the week ended July 21, as persistent weather concerns in the U.S. Spring Wheat Belt provided support. However, rains in the dry area over the weekend (July 22-23) could temper additional advances. Depending on the location, average Canada Western Red Spring (CWRS) wheat







(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans, corn firm on weather view

Chicago | Reuters — Chicago Board of Trade soybean futures rallied 1.4 per cent on Friday on hotter and drier forecasts for important growing areas of the U.S. Midwest, traders said. Concerns about the forecast also supported corn futures but the market closed off session highs as profit-taking weighed on prices after their run-up to