Daily Network News

More News →

Tag Archives Wheat

File photo of a Chinese cornfield. (Baona/iStock/Getty Images)
Crops, Markets

China’s 2020 corn, wheat imports reach record highs

By ,
Beijing | Reuters — China’s grains imports soared to record highs in 2020, customs data showed on Monday, after tight domestic corn supplies pushed prices to multi-year peaks, driving demand for cheaper imports. China, the world’s top agricultural market, bought a record 11.3 million tonnes of imported corn last year, including 2.25 million tonnes in
K.C. March 2021 hard red wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat rises on Russian export tax plan

Corn, soybeans fall on profit-taking

By ,
Chicago | Reuters — U.S. wheat futures rose on Friday, supported by Russia’s plan to double its tax on exports of the grain, while corn and soybeans fell as traders took money out of the market following their surge to multi-year highs earlier in the week. Wheat traded both sides of unchanged, ending in positive
CBOT March 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans, corn, wheat rally

Futures up, but below recent peaks

By ,
Chicago | Reuters — U.S. soybean futures rose 1.7 per cent on Thursday, underpinned by the strong demand highlighted in the U.S. Agriculture Department’s monthly supply and demand report on Tuesday, traders said. Corn futures also rallied, with the market receiving a boost after the U.S. Environmental Protection Agency said it would not rule on
Concerns over world soybean stocks, driven partly by concern for growing conditions in South America, are lending even more support to canola values.
Grain Markets, Markets

Canola values’ climb likely to continue

Crush margins are around the widest levels seen in the past year

By
ICE Futures canola continued its months-long rally during the first week of 2021, hitting fresh contract highs to trade at levels not seen in more than seven years. While a profit-taking correction is always possible, the trend appears intact for the time being. The most active March contract had faced some resistance at the psychological $650-per-tonne mark during
(Groupe Soufflet video screengrab via YouTube)
Crops

InVivo in talks to acquire French agribusiness Soufflet

Firms see limited overlap outside grain trading

By , ,
Paris | Reuters — Co-operative group InVivo has entered exclusive talks to acquire family-controlled Soufflet in a deal that would create one of Europe’s biggest agricultural businesses with 10 billion euros (C$15.5 billion) in sales, the French firms said on Wednesday. The potential consolidation comes as France, the European Union’s largest agricultural producer, is trying
CBOT March 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Futures surge to highest since 2014 as USDA cuts supply outlook

Wheat futures at six-year high; corn, soy at 6-1/2 year highs

By ,
Chicago | Reuters — U.S. corn, soybean and wheat futures surged to fresh multi-year highs on Tuesday after the U.S. Department of Agriculture (USDA) said 2020 U.S. corn and soy harvests were smaller than expected and stocks of key crops were thinner that previously thought. Corn jumped by as much as five per cent, while
CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybeans to 6-1/2-year top on expectations of tightening stocks

Corn futures up, wheat retreats

By ,
Chicago | Reuters — U.S. soybean futures resumed their rally on Friday after a light setback a day earlier, climbing to 6-1/2-year highs on signs of fresh export demand and expectations that key U.S. crop reports next week will indicate tightening global supplies. Corn futures also rose, hovering near multi-year highs set this week above
CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybeans set fresh high on supply worries, technical buying

Chicago wheat, corn also close higher

By ,
Chicago | Reuters — U.S. soybean futures soared on Tuesday, climbing to fresh 6-1/2-year highs on a mix of fund-driven technical buying and worries about South American supplies, analysts said. Corn followed soybeans higher but stayed below psychological resistance at the $5 per bushel mark (all figures US$). Wheat rose about two per cent, setting
Markets, News

Little scope for EU to take wheat export business from Russia

By
Tight wheat supplies in the European Union will limit its scope to win more export business this season after Russia’s decision to impose a wheat export tax, consultancy Strategie Grains said on Dec. 17. Moscow will apply a 25-euros- (US$30.57-) per-tonne tax on wheat exports from Feb. 15 until the end of the marketing season

AgCanadaTV

AgCanada TV: In case you missed it; your national ag news recap for April 17, 2026

Sponsored by:
More Videos →

Latest Market News

More Market News →