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U.S. grains: Wheat to 1-month low on harvest pressure; corn, soybeans firm

Chicago | Reuters – U.S. wheat futures hit their lowest in more than a month on Monday on seasonal pressure from the expanding Northern Hemisphere harvest and declining Russian wheat prices, analysts said. Corn and soybean futures firmed, consolidating after last week’s multi-week lows as traders awaited updated weekly U.S. crop ratings. On the Chicago […] Read more

Open interest in the canola market was down by 14,880 contracts on the week.  Photo: File

Fund short position grows in canola

Fund traders were back on the sell side of the canola market in early June, putting on fresh bearish bets and growing their net short position, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC). As of June 4, 2024, the net managed money short position in […] Read more





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CBOT Weekly: Selling, crop conditions drive price drops

Wheat prices led the way as the July Chicago contract fell 46 cents per bushel at US$4.46. The July Kansas City hard red wheat contract dropped 43.5 cents at US$6.7625/bu., while the July Minneapolis spring wheat contract lost 39.5 cents at US$7.1250/bu.







herbicide resistant kochia

Kochia tumbling into Prairie pulse crops

Scouting — and testing for herbicide resistance — will be important this spring

Glacier FarmMedia — Concerns about the spread of kochia are growing for Saskatchewan’s pulse producers. Michael Brown, agronomy manager for Saskatchewan Pulse Growers, and Martin Carr, agronomy manager for WinField United, have seen the pesky tumbleweed spread throughout Saskatchewan, Alberta and the United States. The weed is resistant to some herbicides, among them Groups 4, […] Read more