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.
Oilseeds
U.S. grains: Soybeans notch two-month low on rain forecasts
Saskatchewan Crop Report: Excess moisture causing problems
Only one per cent of acres were left unseeded in Saskatchewan during the week ended June 17 due to cooler temperatures and excess moisture, according to the province’s weekly crop report.
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.
FCC invests in breeding innovation
Farm Credit Canada has invested $5 million into the accelerated breeding program at the Global Institute for Food Security.
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.
EU regulators to decide on Bunge and Viterra merger by July 18
U.S. grains merchant Bunge BG. and Glencore-backed Viterra's plan to create a $34 billion agricultural trading giant will be decided by EU antitrust regulators by July 18, a European Commission filing showed on Monday.
Where the canola was: a history of Saskatchewan yields by soil climatic zone
Whether by nature, nurture or both, yields jumped in several zones around the turn of this century
Editor’s Note: Les Henry, the esteemed Prairie soil scientist and our longtime soils columnist, left us on June 14 at age 83. Up until the day before his passing, Les was working on and revising this column for the next (July 11) edition of Grainews. We’ll still have this on paper for you in a […] Read more