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Canada has a good quality crop to sell
Crops, News

Canada has a good quality crop to sell

But markets are uncertain as geopolitics ‘trumps’ supply and demand

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On average western Canadian grain farmers harvested a high-quality crop this fall, and lots of it, but they’re selling into an uncertain market where politics obscures supply and demand. “Overall the crop quality is really, really nice,” Daryl Beswitherick, the Canadian Grain Commission’s program manager for national inspection standards, said in an interview Nov. 9.
A wheat crop on the Prairies nears harvest in 2018.
Crops, News

High-quality online presentations to promote high-quality Canadian wheat

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COVID-19 has sidelined Cereals Canada and the Canadian Grain Commission’s annual in-person fall new crop missions, to major Canadian cereal customers around the globe. But Cam Dahl is confident the live, online seminars starting Nov. 20, will be effective. “This is something we’re putting a lot of effort into,” Dahl, Cereals Canada’s chief strategy officer,
A drone photo of wheat being harvested near Moree, Australia, Oct. 27.
Crops, News

Just when Australia needs it, wheat farmers start bumper harvest

Australia to produce third-biggest wheat crop in 30 years as Black Sea conditions lead to wheat price rise

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Reuters – For the past few years, crop machinery has sat idle in many Australian farm sheds as a devastating drought left almost nothing to harvest across the country’s pancake-flat eastern Wheat Belt. As the southern summer approaches, however, Ben Ledingham now watches combine harvesters race up and down wheat fields on his family’s property
Fred Greig.
Cereals, News

Greig to chair wheat research council

CWRC announces new executive and president; AWC obtains host duties

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The Canadian Wheat Research Coalition (CWRC) — a collaboration between the Manitoba Crop Alliance (MCA), Saskatchewan Wheat Development Commission (Sask Wheat) and Alberta Wheat Commission (AWC), has announced its newly appointed executive and president. The new executive is comprised of chair Fred Greig (MCA) who farms at Reston, vice-chair Jake Leguee (Sask Wheat), a farmer from
CBOT January 2021 soybeans (candlesticks) with 20-day moving average (green line) and ICE January 2021 canola (yellow line). (Barchart)
Crops, Markets

U.S. grains: Soybeans touch new four-year peak on supply concerns

Corn hits highest since July 2019, wheat ends mixed

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Chicago | Reuters — U.S. soybean futures rose for a sixth consecutive session on Friday and hit a four-year high on dry conditions in key South American crop areas and concerns about dwindling U.S. supplies. Corn also gained on strong exports and worries about South American dryness, while wheat ended mixed. All three markets finished
CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybeans slip off peak, end mostly firm

Corn, wheat dip; strong demand, tight supply limit losses

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Chicago | Reuters — U.S. soybean futures ended mostly firmer on Thursday as late-session buying amid worries over tightening supplies offset earlier profit-taking and technical selling that had dragged prices down from four-year peaks. Corn and wheat retreated after prior-day increases as investors pocketed some gains. Chicago Board of Trade (CBOT) January soybean futures ended
CBOT January 2021 soybeans (candlesticks) with 20-day moving average (green line) and CBOT January 2021 soyoil (yellow line). (Barchart)
Crops, Markets

U.S. grains: Soybeans hit fresh four-year peak on tightening supplies

Soyoil helps lift soybeans amid tight world veg oil supplies; good exports boost corn

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Chicago | Reuters — U.S. soybean futures rose to a new four-year peak Wednesday, led by sharply higher soyoil and as robust demand for beans from exporters and domestic processors fueled worries about tightening supplies of the oilseed. Corn and wheat followed soybeans higher, with strong export demand giving corn an additional lift. Grains remain
CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybeans rise to four-year peak

Corn up on export hopes, eye on South American dryness

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Chicago | Reuters — U.S. soybean futures scaled a four-year high on Tuesday as soaring demand from domestic users and exporters stoked concerns that already-thin supplies are likely to tighten further. Corn futures climbed for a third straight session on strong demand and smaller global supplies, while wheat dipped after two days of gains. “Soybeans
CBOT January 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans firm on export demand, record crush

Rising energy, equities markets give grains additional lift

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Chicago | Reuters — U.S. soybean futures rose for a second straight session on Monday, holding near a more than four-year high hit last week, on strong demand from top buyer China and data showing the U.S. soy crush pace hit an all-time high last month. The strong demand stoked worries about thinning supplies of
CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybean futures retreat off 4-1/2 year high

Technical selling adds pressure on corn futures, analyst says

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Chicago | Reuters — Chicago Board of Trade soybean futures pulled back on Thursday, a session after they hit their highest level in about 4-1/2 years, and corn futures retreated from their highest in more than a year. The markets took a breather after rallying on a U.S. Department of Agriculture crop report, issued Tuesday,

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