GRAINS-Soy crumbles as China cancels purchases; back months rise

* More soy cancellations expected * New-crop corn and soy underpinned by wet weather * Wheat firm on short-covering, U.S. weather worries (Updates with closing princes; adds quotes) By Sam Nelson and Julie Ingwersen CHICAGO, May 29 (Reuters) - Chicago Board of Trade (CBOT) soybean futures fell on Wednesday following news that China, the world's

GRAINS-Soybeans crumble as China begins cancelling purchases

* More cancellations expected * New-crop corn and soy underpinned by wet weather (New throughout to reflect shift in market sentiment; adds fresh analyst quotes, weather details; changes dateline from HAMBURG/SINGAPORE) By Sam Nelson CHICAGO, May 29 (Reuters) - Chicago Board of Trade (CBOT) soybean futures fell on Wednesday following news that China, the world's


Winter wheat acres reseeded due to winterkill

Weekly Provincial Summary  Producers made good seeding progress over the past week in many areas of Manitoba. Seeding is estimated to be 75-80 per cent complete in the Southwest Region, 80 per cent complete in the Northwest Region, 70-85 per cent complete in the Central Region, 85 per cent complete in the Eastern Region and

Grain market report

Weather issues played a role in determining the price direction of the Canadian and U.S. grain and oilseed markets during the week ended May 24 and it looks like this influence is still in the back of everyone’s mind. Canola values on the ICE Futures Canada trading platform trended higher in the latest reporting period,


GRAINS-Corn prices firm, near 4-wk high as planting slows

SYDNEY, May 29 (Reuters) - U.S. new-crop corn rose for the fifth session on Wednesday and was near a four-week high after the pace of U.S. planting slowed last week due to wet weather. New-crop soybeans fell even as the U.S. Department of Agriculture confirmed oilseed planting marked its slowest pace in 17 years last