(USDA.gov via Flickr)

U.S. grains: Wheat futures jump as USDA cuts production outlook

Chicago | Reuters — U.S. wheat futures rebounded on Wednesday, after a government report showed that wheat production was less than traders had expected. Meanwhile, corn futures lost ground, after the U.S. Department of Agriculture’s quarterly grain stocks report showed that both corn and soybean supplies were plentiful and U.S. farmers are harvesting what is

(USDA.gov via Flickr)

U.S. corn, soy stocks grow less than expected

Washington | Reuters — U.S. soybeans and corn stocks ballooned from a year ago but still missed market forecasts as strong demand ate into supplies, the U.S. Department of Agriculture said Tuesday. Wheat supplies were bigger than expected. U.S. wheat has struggled on the export market and weak prices for corn have cut demand for





(Dave Bedard photo)

Canada’s large canola stocks top expectations

CNS Canada — Releasing its Canadian year-end stocks estimates, Statistics Canada painted a picture Tuesday that’s mostly bearish for canola. StatsCan’s figure for canola stocks as of Dec. 31, at 11.103 million tonnes, was at the high end of expectations, surpassing what some market watchers anticipated. “I’m not sure if that means that StatsCan’s production number