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CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soy, wheat, corn consolidate after earlier gains

Wheat ends week nearly three per cent higher

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Chicago | Reuters — Chicago soybeans, corn and wheat eased on Friday as the markets consolidated after earlier gains, pressured by a continuing U.S. harvest and limited exports at hurricane-damaged U.S. Gulf export terminals. The most-active soybean futures on the Chicago Board of Trade fell 12 cents to $12.84 a bushel, ending the week down
CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soybeans ease as large crops loom

Wheat drops on easing supply worries

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Chicago | Reuters — Chicago soybeans ended lower on Monday, pressured as farmers begin harvesting what is expected to be a near-record crop, though stronger-than-expected weekly export sales mitigated losses. Corn also saw harvest pressure, while wheat dropped on easing concerns about global supplies. Chicago Board of Trade most-active soybeans lost 1-3/4 cents to end
CBOT November 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soybeans firm, fail to erase earlier losses

Wheat around seven-week low as world supply concerns ease

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Chicago | Reuters — Chicago soybean futures firmed on Friday, following the U.S. Agriculture Department’s monthly supply and demand report showing a drop in harvested U.S. acres, though much of the reports findings had been anticipated by earlier trading. Corn traded near even, while wheat edged lower after touching a new seven-week low, pressured by
An employee loads wheat near a grain store in the settlement of Raduga in Stavropol Region, Russia June 30, 2021.
News

Putin’s drive to tame food prices threatens grain sector

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The move to address domestic concerns could make a key competitor less competitive

During a televised session with ordinary Russians in late June, a woman pressed President Vladimir Putin on high food prices. Valentina Sleptsova challenged the president on why bananas from Ecuador are now cheaper in Russia than domestically produced carrots and asked how her mother can survive on a “subsistence wage” with the cost of staples
The growing season was dry from the start this year, setting the stage for a seed challenge next spring.
News

Seek next year’s seed sooner than later

With harvest just underway the outlook isn’t clear, but cereal and pulse seed stocks are expected to be down

By
Manitoba farmers should talk to seed sellers about supplies for the 2022 growing season early. With harvest just underway it’s too soon to get a handle on cereal and pulse seed stocks, but production is expected to be reduced due to drought and excessive heat. But that’s not the only factor at play. High crop
CBOT December 2021 corn (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn, soy fall as Midwest rains benefit crops

Tight global wheat supplies could boost U.S. exports

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Chicago | Reuters — U.S. corn and soybean futures ended lower on Thursday, as beneficial rainfall across the U.S. Midwest added pressure to soybean markets, while export sales capped losses. Wheat found technical support, underpinned by tight global supply concerns. Chicago Board of Trade most-active corn fell one cent to $5.50-3/4 a bushel, while nearby
CBOT November 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Weather

U.S. grains: Soybeans rally as crop conditions drop, soyoil prices rise

Hot weather forecast for heart of Midwest farm belt

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Chicago | Reuters — U.S. soybean futures rallied on Tuesday on eroding Midwest crop conditions and improving export demand, and as soyoil prices rose another three per cent amid further gains in crude oil markets. Corn futures also climbed on deteriorating crop conditions across the heart of the farm belt. Wheat ended lower, though spillover
(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Big jump for durum

U.S. futures, lower loonie supportive for cash wheat bids

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MarketsFarm — Wheat bids in Western Canada for the week ended Thursday were higher for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats, while there were sharp increases for Canada Western Amber Durum (CWAD). Gains in U.S. wheat markets supported values, as did a steep drop for the Canadian dollar. Average
CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soybeans fall on technicals, U.S. weather

Wheat, corn futures end firm

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Chicago | Reuters — U.S. soybean futures fell Wednesday on technical selling and forecasts for welcome rains in northwestern portions of the U.S. Midwest, but wheat and corn futures edged higher. Chicago Board of Trade November soybeans settled down 8-1/4 cents at $13.53-1/4 per bushel (all figures US$). CBOT December wheat ended up 2-3/4 cents

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