Soybeans rose while corn eased on Friday as traders covered short positions ahead of the weekend while monitoring an incoming heatwave that could threaten some crops in the U.S. Midwest, traders said.
Oilseeds
U.S. grains: Soy rises on short-covering, wheat stays weak
Alberta Crop Report: Harvest slow going under heat, rains
Harvest progress for major crops in Alberta more than tripled during the week ended Aug. 20 while heavy rains hit northern and central parts of the province.
Hail hits crops at more than 1,600 farms across Prairies
More than 1,600 Prairie farms were hit by hail between July 29 and August 11, with the heaviest damage in Alberta, according to the Canadian Crop Hail Association (CCHC).
Canada rail shutdown may still delay western grain exports
Canada's rail shutdown may still delay loading of some bulk grain ships at the country's west-coast ports despite the government's move to end a stoppage at the nation's two largest railroads, traders and analysts said.
U.S. grains: Wheat falls to new lows, corn and soy down on yield forecasts
Chicago Board of Trade wheat futures hit contract lows on Thursday as low prices for Black Sea wheat and a stronger dollar undercut the competitiveness of U.S. grains, analysts said.
Saskatchewan Crop Report: Harvest continues amidst scattered storms
Saskatchewan reported 15 per cent of its harvest was complete, compared to 21 per cent at this time last year, but higher than the five-year average of 13 per cent and the 10-year average of 11 per cent. In the southwest region, 29 per cent of its harvest was complete while the northwest region was only at one per cent complete.
U.S. grains: Wheat falls on large world supply; corn and soy edge up
Chicago Board of Trade wheat futures Wv1 fell on Wednesday as heavy world supplies and cheap Black Sea exports weighed on prices, ahead of a potential Canadian rail stoppage on Thursday.
ICE Canada Weekly: Little confidence in AAFC, StatCan reports
There is skepticism in the trade towards the latest numbers from Agriculture and Agri-Food Canada and those to come from Statistics Canada on Aug. 28, according to broker Ken Ball of Ventum Financial in Winnipeg.
CBOT Weekly: Prices stable with potential gains upcoming
Corn and wheat prices at the Chicago Board of Trade (CBOT) were mostly steady during the week ended Aug. 21, while those for soybeans started to move upward.
Manitoba Crop Report: Harvest begins in earnest for most crops
Most of Manitoba’s fall rye and winter wheat crops came off the ground, while the harvesting of other crops for the most part started during the week ended Aug. 19, according to the province’s weekly crop report.