(Viterra.ca)

April grain deliveries see increases all around

Barley deliveries up sharply

MarketsFarm –– Producer deliveries of major grains last month were up nearly 40 per cent when compared to April 2022, according to Statistics Canada (StatCan). In April 2023 more than 3.44 million tonnes of grain were delivered, versus 2.46 million a year ago. The uptick in deliveries continued to demonstrate the sizeable harvest farmers reaped

CBOT July 2023 soybeans with Bollinger (20,2) bands. (Barchart)

CBOT weekly outlook: Chicago soy, corn find chart support

Pre-Memorial Day positioning expected

MarketsFarm — Soybean and corn futures at the Chicago Board of Trade were testing lows in mid-May but appeared to have found some support for the time being. “We’re getting a little technical bounce off these lows,” said John Weyer, director of commercial hedging with Walsh Trading in Chicago. He had expected July soybeans to


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

U.S. grains: Corn, soy futures rally

Wheat up off lowest level since March 2021

Chicago | Reuters — U.S. soybean and corn futures rallied on Monday and wheat futures firmed as a round of bargain buying supported commodities prices after a bearish global supply picture pushed prices sharply lower this month. The benchmark Chicago Board of Trade wheat contract dropped below $6 a bushel for the first time in

CBOT July 2023 soybeans with Bollinger bands (20,2). (Barchart)

U.S. grains: Chicago futures roil as U.S. debt ceiling talks halt

Wheat turns down, after technical bounce early in session

Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures slid sharply on technical trading on Friday, as investors rushed to liquidate their positions ahead of the weekend, traders said. The most-active soybean contract fell to the lowest prices seen since July — and several new-crop soybean contracts also plunged to new contract lows


One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

IGC boosts estimates for global corn, soy production

World wheat output expected down on year

MarketsFarm — The International Grains Council (IGC) on Thursday bumped up its forecast for total global grain production for 2023-24 to a record 2.294 billion tonnes, raising outputs for corn and soybeans but reducing its call for wheat. Compared to the IGC’s April report, it added three million tonnes to its May forecast on overall

Farmer Steve Timmer plants corn near Shelby in Richland County, Ohio, about 110 km north of Columbus, 
on April 19.

Grain traders cover some risk as planting continues

Canola contracts show strength independent of other oilseeds

North American grain and oilseed contracts saw choppy activity during the second week of May, moving up and down as the growing season for most crops got underway and traders looked to cover some risk in the face of uncertainty. For its part, the ICE Futures canola market showed independent strength relative to other vegetable


Figure 1: Seeding progression in 2023 compared to previous years.

Seeding progress behind five-year average, soybean, canola seen lagging

Manitoba Crop Report: Issue 1 (week 20)

Weekly Provincial Summary  Precipitation was variable across agro–Manitoba from May 8 to 14 with values ranging from 0 to 48.9 mm. Mid-week rains brought the highest observed precipitation to the Northwest and Southwest regions. Climate normals for total accumulated precipitation from May 1 to May 14 range from 13.1 to 29.2 mm and are based



The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Record U.S. corn, soybean crops for 2023-24, USDA says

U.S., worldwide wheat ending stocks expected down on year

MarketsFarm — The United States may be in the midst of growing record-breaking corn and soybean crops if the U.S. Department of Agriculture (USDA) is correct. USDA on Friday released its monthly world agricultural supply/demand estimates (WASDE), which included its first U.S. production estimates for 2023-24. The report also provided ending stocks projections for new

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

U.S. grains: Bargain buying pulls soy up off lows

CBOT wheat, corn weak

Chicago | Reuters — Chicago Board of Trade soybean futures rose on Thursday, snapping a three-session losing streak as a wave of bargain buying hit the market after prices sank to their lowest in 6-1/2 months, traders said. Corn and wheat futures fell, with poor demand for U.S. supplies pushing prices toward lows hit earlier