As the likelihood of tariffs loom over United States soybean, corn and wheat exports, that trio of commodities has been facing their share of pros and cons, said analyst Tom Lilja of Progressive Ag in Fargo, N.D.
Spring wheat
CBOT Weekly: Pros and cons for U.S. soybeans, corn, wheat
Barley, Canola, Cereals, Corn, Crops, Lentils, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat
Only small changes in latest AAFC estimates
There were only small changes to the updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC) released Nov. 19. All of the other data in the AAFC report were carried over from its October report.
CBOT Weekly: U.S. election drags down soybeans
Results from the United States election pulled down soybean prices at the Chicago Board of Trade during the week ended Nov. 13, 2024.
USDA lowers U.S. soybean/corn yield estimates
There were a few tweaks to the latest monthly report from the United States Department of Agriculture released on Nov. 8. The World Agricultural Supply and Demand Estimates not only lowered yields for U.S. corn and soybeans, the department reduced the ending stocks for both.
Prairie Wheat Weekly: Spring wheat bids rise, durum down
Spring wheat bids in Western Canada were slightly higher than the week before on Nov. 7, 2024. Meanwhile, durum prices were a bit lower.
Prairie Wheat Weekly: Declines in U.S. wheat, loonie lead to mixed prices
Spring wheat cash prices were mixed for the week ended Oct. 31, as pressure from declines in United States wheat futures were countered by support from a weaker Canadian dollar that encourages more export sales.
More wheat, less corn in Argentina for 2024/25 says United States Department of Agriculture attaché
As wheat production in Argentina is projected to increase in 2024/25, according to the United States Department of Agriculture attaché in Buenos Aires, the country’s corn output is to be smaller than in the previous year.
Alberta harvest wraps up
Harvest operations in Alberta are virtually complete for 2024, the province’s crop report said. Combining advanced three points to 99 per cent finished as of Oct. 22 as well as being three points above the five-year average.
Prairie wheat bids mixed as U.S. futures, loonie weaken
Hard red spring wheat bids in Western Canada were mixed during the week ended Oct. 24, although the general bias was lower in most locations.
CBOT Weekly: Corn, soybeans rising, wheat slipping
Corn and soybean prices rose at the Chicago Board of Trade during the week ended Oct. 23, 2024. However, wheat prices went lower during the same week.
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