Chicago Board of Trade (CBOT) soybean futures drifted lower on Monday, amid ongoing pressure from a hefty global supply and signs of investors hunting for profits, traders said.
Cereals
U.S. grains: Soybeans fall on supply pressures; corn and wheat turn higher
Canola short position up again in early March
The net speculative short position in canola continued to rise in the first trading days of March, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Canadian canola acres to dip in 2024, wheat steady: StatCan
Lower prices, moisture concerns cited; moisture has since improved somewhat
Canadian farmers intend to seed less canola in 2024 compared to the previous year, while overall wheat area should hold relatively steady, according to the latest Statistics Canada survey results released March 11.
U.S. grains: Wheat futures bounce after 3-1/2 year low; soy, corn climb
Hefty global grain supplies, competition for export business anchor prices
Chicago Board of Trade soybean and corn rose on Friday, extending their recovery from three-year lows set last month, following an uneventful monthly supply/demand report from the U.S. Department of Agriculture (USDA), analysts said.
Managing irrigation with limited water
Some irrigation districts are advising users to brace for limits on available water
There is increasing concern with below-normal mountain snowpack and potential for limited irrigation water availability in 2024. Snowpack in mid-February was about 50 to 75 per cent of normal at most of the snow pillow monitoring sites in the Rocky Mountains of northern Montana and southern Alberta (visit the Alberta River Basins web page, then […] Read more
Few changes in March USDA report
Increased projections for South American corn, soybeans, U.S. wheat carryout
The United States Department of Agriculture’s (USDA) monthly supply/demand estimates, released on March 8, were largely left unchanged, the exceptions being South American corn and soybeans as well as U.S. wheat.
Prairie Wheat Weekly: Bids hold against weak U.S. futures
Low exports, declining Black Sea, European milling wheat prices pressure U.S. wheat
Western Canadian wheat bids were little affected by a stronger Canadian dollar and the recent drop-off in United States wheat futures during the week ended March 7.
Europe’s grain farms await rain break after damp winter
Weak prices for maize could encourage planting other crops
Grain growers in western Europe will need rain to ease this month to progress with spring planting, after a wet February maintained soggy field conditions that have already put the region on course for a smaller wheat harvest, analysts said.
U.S. grains: Wheat sags to 3-1/2-year low
Corn, soy firm ahead of USDA data
Chicago Board of Trade (CBOT) wheat futures ended mostly lower on Thursday with the benchmark contract Wv1 tumbling to a fresh 3-1/2-year low late in the session after China cancelled a purchase of U.S. wheat and Egypt scrapped an international purchase tender, traders said.
Czech farmers dump manure on Prague streets in renewed protests
Farmers across EU continue to protest Ukrainian imports and other grievances
Czech farmers dumped manure in front of the government's office, blocked Prague streets with tractors and taunted the country's farm minister on Thursday as they renewed protests demanding more help and a halt to cheap imports to the European Union.