CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soybean futures firm

Chicago wheat weak on demand view

Chicago | Reuters — U.S. soybean and corn futures edged higher on Tuesday, recovering from early weakness as investors covered short positions ahead of a key U.S. government crop outlook on Friday, traders said. Wheat futures dipped, with concerns about weak demand for U.S. supplies weighing on the market after Egypt booked another deal for



North Dakota spring wheat yield down as drought widens

North Dakota spring wheat yield down as drought widens

Reuters – Spring wheat yields in North Dakota, the U.S.’s top-producing state, will exceed the five-year average but fall short of last year as farmers grapple with an expanding drought, scouts on an annual crop tour said July 25. The Wheat Quality Council tour predicted an average yield of 47.4 bushels per acre, compared to

Dry weather slashes EU bumper crop expectations

Reuters – The European Union’s crop monitoring service further reduced its yield forecasts July 24 for this year’s harvest, citing dry and hot weather. Crop prospects in the bloc have taken on extra significance since Russia’s invasion of Ukraine, a major wheat, corn and sunflower exporter, has disrupted Black Sea exports and raised uncertainty over


A seaport grain terminal damaged during Russian missile and drone strikes in Odesa region, Ukraine on July 19, 2023.

Asian wheat buyers go shopping after Ukraine port attacks

Reuters – Asian millers will look elsewhere for their wheat as attacks on Ukrainian ports after the collapse of a safe passage deal spark supply risks, traders and analysts said. Supply constraints from the key Black Sea region add further uncertainty amid the prospect of dry El Niño weather threatening Asian crops and exacerbating food

Photo: Reuters

NFU claims victory for wheat producers after CGC reversal

The changes would've seen the export grade standard applied to deliveries to country elevators

The National Farmers Union (NFU) is calling a reversal of wheat-grading changes a “tremendous success for farmers,” according to news release, Friday. On Friday morning, the Canadian Grain Commission repealed upcoming grading changes in response to complaints from producer groups. In a news release, the CGC simply stated it was repealing the alignment of primary


Just as there are real-time maps that can show you where traffic is slowed by construction, there are bearish warning signs in canola markets.

Reading the roadmaps of the grain market

Expert’s Radar: Beware of ‘construction’ signs

I recently drove back and forth from Winnipeg to the Turtle Mountains in southwestern Manitoba. It’s about a three-hour drive, or three-and-a-half with the required ice cream stop. There are a few routes that head in the same general direction, so after running into construction on Highway 2 on the way down, we opted for

 PHOTO: Laura Rance

CGC repeals grading changes in response to producer complaints

The new regulations would have seen export grade standards applied to deliveries to country elevators

Days before implementation, the Canadian Grain Commission repealed grading changes in response to complaints from producer groups. In a news release, Friday, the CGC simply stated it was repealing the alignment of primary and export tolerances for test weight and total foreign materials for Canada Western Red Spring, Canada Western Hard White Spring, Canada Western Extra


Photo: Thinkstock

Prairie cash wheat: durum soars as red spring falls back

Steep increases following Russian attacks on Ukrainian ports were gone by mid-week

MarketsFarm – There were sharp increases in durum across Western Canada for the week ended July 27, while spring wheat incurred small to moderate declines. There were gains in Minneapolis spring wheat, while Kansas City and Chicago winter wheat contracts slipped back. At the beginning of the week there were steep increases for wheat as

Photo: iStock

Grain groups find common ground over grading changes

In a rare move, the Wheat Growers and Farmers Union are on the same side of an issue

Two producer groups ordinarily at the opposite ends of the ideological spectrum have teamed up and come out swinging against proposed changes to wheat grading. The Wheat Growers Association (WGA) and National Farmers’ Union (NFU)have issued a joint statement decrying changes that will take effect August 1 which would see the export grade standard applied