soybeans and soybean pods

Trade’s outlook for U.S. soybeans bearish on canola

Wheat stocks limit any upside from lower U.S. acres

Speculation ahead of a much-anticipated dataset from the U.S. Department of Agriculture had ICE Futures Canada canola chopping around a wide range in the week ending March 31. USDA released its prospective plantings and grain stocks reports on March 31. The department’s seeding estimates often act as a major mover in markets, leaving values with

(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat falls in thin trade

Chicago | Reuters — U.S. wheat futures fell on Thursday on technical selling, hitting their lowest level since last week on a lack of supportive news and plentiful global inventories, analysts said. Corn and soybeans also sagged. Chicago Board of Trade May wheat settled down 6-1/2 cents at $4.23-1/4 per bushel (all figures US$). CBOT


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans rebound on Argentina rains

Chicago | Reuters — U.S. soybeans rebounded on Wednesday from multi-month lows sparked a day earlier by fears of harvest delays in Argentina, while China’s return to the market after a holiday helped boost prices, analysts said. Corn and wheat followed the strength in soybeans, but rising stockpiles of corn-based ethanol pressured corn futures at

(Photo courtesy United Soybean Board)

U.S. grains: Soybeans plumb new lows

Chicago | Reuters — Chicago Board of Trade May soybean futures fell to their lowest level in a year on Tuesday, pressured by expectations for record-large U.S. plantings and a massive South American harvest, analysts said. Corn futures fell one per cent on profit-taking a day after reaching a three-week top, while wheat ended narrowly






Western Canadian wheat bids seen softening

Western Canadian wheat bids seen softening

Large and potentially larger global supplies put pressure on prices

Spring wheat bids in Western Canada were lower during the week ended March 24, as favourable weather in the U.S. Plains and large world supplies weighed on the market. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down $4-$5 per tonne across the Prairie provinces, according to price quotes from