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MGEX July 2021 spring wheat (candlesticks) with CBOT and K.C. July 2021 winter wheats (yellow and green lines). (Barchart)
Crops, Markets, Spring Wheat, Winter Wheat

CBOT weekly outlook: MGEX wheat spread widens over winter wheats

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MarketsFarm — Hot, dry growing conditions in key spring wheat-growing regions of the northern U.S. and Canadian Prairies have seen Minneapolis (MGEX) spring wheat futures widen their spread over Chicago and Kansas City winter wheat contracts over the past few weeks — with additional strength likely given the current weather forecasts. Nearby spring wheat futures, […] Read more
CBOT December 2021 corn (candlesticks) with MGEX, CBOT and K.C. September 2021 wheats (green, yellow and orange lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy fall as Midwest rains seen boosting crop health

CBOT September wheat down, MGEX September wheat up

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Chicago | Reuters — Forecasts for rain in the U.S. Midwest pushed corn and soybean futures lower on Tuesday, traders said. New-crop December corn, which tracks the crop that farmers will harvest in the fall, notched the biggest decline. The contract sagged 3.2 per cent as the storms are expected to provide a much-needed boost […] Read more
CME August 2021 lean hogs (candlesticks) with 20- and 50-day moving averages (pink and brown lines) and August 2021 live cattle (red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs drop on weaker pork, falling prices in China

Live cattle down with cash beef prices; feeder cattle up as corn eases

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Chicago | Reuters — U.S. lean hog futures fell sharply on Monday, continuing a retreat from multi-year highs set earlier this month as cash pork prices dropped and worries increased about Chinese import demand for U.S. pork. Technical selling and profit-taking have sped the multi-session decline after the actively traded Chicago Mercantile Exchange August lean […] Read more
CBOT July 2021 soybeans (candlesticks) with Bollinger bands (20,2) and November 2021 soybeans (yellow line). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans firm on long-term forecast, China demand

Wheat mixed on winter crop harvest, spring wheat drought

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Chicago | Reuters — U.S. soybean futures advanced on Monday on renewed buying by China and as concerns lingered about dry conditions in western portions of the Midwest farm belt despite scattered storms over the weekend. Corn futures were mostly lower as rain in the central corn belt boosted crop prospects, while wheat was mixed […] Read more
CBOT July 2021 corn (candlesticks) with CBOT July 2021 wheat (orange line) and July 2021 soybeans (dark green line, left column). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy, wheat up after sell-off

Some traders feel Thursday's sell-off overdone

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Chicago | Reuters — U.S. corn, soybean and wheat futures rose sharply on Friday, rebounding from steep declines a day earlier on bargain-buying ahead of the weekend and uncertainty about weather in the Midwest crop belt, analysts said. Fresh export interest lent support as this week’s break in futures appeared to stimulate demand. Chinese state-owned […] Read more
Storage tanks at a PBF Energy refinery at Delaware City, Delaware on Aug. 21, 2015. (File photo: Reuters/Charles Mostoller)
Crops, Reuters

U.S. refiners amass biofuel liability as Biden mulls relief

Open RIN positions could hit refiners' earnings

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New York | Reuters — U.S. merchant refiners have amassed up to a US$1.6 billion shortfall in the credits they will need to comply with U.S. biofuel laws, according to a Reuters review of corporate disclosures, an apparent bet that the Biden administration could let them off the hook or that credit prices will fall. […] Read more
CBOT July 2021 corn (candlesticks) with MGEX, CBOT and K.C. July 2021 wheat (green, black and orange lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy plunge on weather, broad commodities sell-off

CBOT wheat follows trend lower

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Chicago | Reuters — U.S. corn and soybean futures fell sharply on Thursday, pressured by outlooks for rain and cooler temperatures in the Midwest crop belt, as well as spillover from broad-based selling in the commodities sector, analysts said. Wheat followed the weaker trend, with seasonal pressure noted from the U.S. winter wheat harvest. Chicago […] Read more
CBOT July 2021 soybeans (candlesticks) with CME July 2021 crude palm oil and ICE July 2021 canola (green and yellow lines, left column). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans down with vegetable oil prices

Chicago July corn, wheat up

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Chicago | Reuters — U.S. soybean futures fell on Wednesday to their lowest level in nearly two months, pressured by a retreat in global vegetable oil prices from multi-year highs, analysts said. Corn and wheat futures ended mixed, with the nearby July corn and wheat contracts closing higher, while back months declined. Chicago Board of […] Read more
As pastures dry out and forage quality drops, lick tubs are one way to provide cattle with protein and energy.
Cattleman’s Corner, Livestock

Lick tubs one way to supplement poorer pastures

It doesn't take much loss in body condition to affect conception rates

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A good illustration for this column is a photo I recently took of a dried-out and brown cow pasture. And, if much of the southern Prairies doesn’t get rain soon, many good pastures will start to look like this, which may be detrimental to this year’s breeding season. To lessen its impact, producers should implement […] Read more

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