Chicago Board of Trade soybean futures strengthened on Friday as some weather models showed heavy rain putting certain U.S. production areas at risk of flooding, though they closed down for the week.
Corn
U.S. grains: Soybeans gain on US wet weather risk, down for week
AAFC raises wheat exports call, tightens carryout
Canadian wheat exports in both the current crop year and the upcoming 2024/25 marketing year will likely end up above earlier expectations, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released June 20, that left the balance sheet for canola relatively unchanged.
U.S. grains: Soybeans notch two-month low on rain forecasts
Chicago Board of Trade corn slid on Thursday while soybeans closed at their lowest in two months as forecasts for heavy rains alleviated concerns about a heat wave in the central U.S. stressing crops.
Feed Grain Weekly: Wild weather in Alberta gives growers pause
Susanne Leclerc, owner of Market Master Ltd. in Edmonton, said moisture levels in Alberta are not distributed evenly with the north seeing plenty of rain and the south becoming drier. A recent cold snap between Calgary and Edmonton plunged lows to around the freezing mark earlier this week, while snow fell over parts of the Foothills.
Peatland farming, the Prairies’ best-kept secret
Practical Research: Improving these lands' copper fertility could potentially pay significant dividends
In 1981, I heard a discussion on micronutrients in crop production by the late Jerry Stoller. He talked about the need to pay attention to the micronutrient needs of crops, because just like macronutrients — nitrogen, phosphorus, potassium and sulphur — they can be depleted over time on even the best cropland. Stoller also said […] Read more
Soybeans, corn trading sideways and watching weather
Soybean and corn futures at the Chicago Board of Trade both find themselves in relatively sideways trading ranges watching Midwestern weather forecasts to provide nearby direction.
Manitoba Crop Report: Planting progresses despite wild weather
Planting across Manitoba progressed during the week ended June 16 despite cool, wet and windy weather, including small tornadoes.
U.S. grains: corn, soybean futures firm as traders track heat wave, crop conditions
Chicago Board of Trade corn and soybean futures turned higher on Tuesday, reversing direction after a two-day slide, as investors tracked a heat wave moving across the eastern Corn Belt after the government reported a decline in U.S. crop ratings.
U.S. grains: Grain futures slump, as wheat drops to 8-week low
Chicago Board of Trade wheat and soybean futures fell sharply on Monday, with wheat at a near two-month low as fund selling pressure rolled into a short holiday trading week, traders said.
Canola fund short position climbs higher
As of June 11, 2024, the net managed money short position in canola futures came in at 99,252 contracts (1,950 long/101,202 short), which was up by roughly 30,000 contracts from the previous week.