Wheat Archives - Page 175 of 572

U.S. grains: Wheat firms after Russian strike threatens Ukraine export deal

By Christopher Walljasper, GFM Network News July 25, 2022

Chicago | Reuters – Wheat prices rallied on Monday after a Russian missile strike on the Ukrainian port of Odesa over the weekend raised doubts about implementation of last week’s agreement to open a corridor for grain exports from Ukraine. Soybean and corn futures followed wheat, supported by forecasts for hot, dry weather across parts […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Bids mixed to lower

U.S. wheat futures up on week

By GFM Network News July 24, 2022

MarketsFarm — While wheat futures on the Chicago Board of Trade (CBOT) were higher after hitting low points, bids for Western Canadian wheat were mixed to lower for the week ended Thursday. The Canadian dollar gained ground against a weakening U.S. greenback, moving up by more than one U.S. cent. The loonie spent the week […] Read more

Canola, Crops, Markets

Speculative net short position grows in canola

By Phil Franz-Warkentin, GFM Network News July 23, 2022

MarketsFarm — The speculative net short position in ICE Futures canola grew during the week ended Tuesday, as fund traders liquidated long positions and opened some new shorts, according to the latest Commitment of Traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures […] Read more

CBOT September 2022 wheat (candlesticks) with 20-day moving average (green line), MGEX September 2022 spring wheat (yellow line) and K.C. September 2022 hard red wheat (orange line). (Barchart)

Crops, Markets, Reuters

U.S. grains: Wheat falls six per cent on Ukraine grain export deal

CBOT corn sags, soy rallies

By Julie Ingwersen, GFM Network News July 22, 2022

Chicago | Reuters — U.S. wheat futures fell nearly six per cent on Friday to their lowest level since February after Russia and Ukraine signed a landmark deal to reopen Ukrainian Black Sea ports for grain exports, traders said. Corn fell almost two per cent on the news but soybean futures closed higher, rebounding from […] Read more

One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

Crops, Markets

July report from IGC has few changes

Numbers tweaked from previous month's report

By GFM Network News July 22, 2022

MarketsFarm — Other than a few tweaks, there were no major changes in the latest monthly report from the London-based International Grains Council (IGC) released Thursday. In comparing the July report with that from June, the IGC tweaked its estimate for total global grain production for 2022-23. It trimmed output by 0.13 per cent at […] Read more

CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn, soy, wheat fall on weather, Ukraine sea pact

IGC's corn outlook lower, wheat outlook up

By Julie Ingwersen, GFM Network News July 21, 2022

Chicago | Reuters — U.S. corn futures fell to two-week lows and new-crop soybeans hit a six-month low on Thursday on improving crop weather in the Midwest and news of a deal to restart Ukraine’s Black Sea grain exports, traders said. Wheat futures declined after choppy trade. All three markets fell to the day’s lows […] Read more

Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)

Barley, Crops, Markets

Feed weekly outlook: New-crop supply outlook ‘significantly better’ as prices drop

By GFM Network News July 21, 2022

MarketsFarm — Prices for feed barley and wheat in Western Canada are still higher than this time last year, but if large declines in those prices are any indication, the 2022 harvest is set to be more typical than that of 2021. The high-delivered bid for Saskatchewan feed barley is $8 per bushel, $1 lower […] Read more

Corn in progress just east of Blumenort, Man. on July 20, 2022. (Dave Bedard photo)

Crops, Markets

CBOT weekly outlook: Keep an eye on the weather

Corn, soy seen trending lower

By GFM Network News July 21, 2022

MarketsFarm — As soybeans and corn trend downward on the Chicago Board of Trade, wheat is poised to climb higher, according to Andrew Mages, analyst with Progressive Ag at Fargo, N.D. The weather outlook has called for scattered showers over the next couple of weeks, which will impact crops in some way, he said. “The […] Read more

CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Soy, corn futures ease on improving weather

CBOT wheat firms on export news

By Julie Ingwersen, GFM Network News July 21, 2022

Chicago | Reuters — U.S. soybean and corn futures fell on Wednesday on forecasts for improving weather in the Midwest, including rains next week that should boost crop production prospects, analysts said. Wheat futures rose as traders awaited the outcome of Egyptian wheat purchase negotiations, as well as talks on a possible deal to boost […] Read more

Canola plants in flower in a field north of Lorette, Man. on July 20, 2022. (Dave Bedard photo)

Crops

Good ratings seen for Manitoba’s spring wheat, canola

By GFM Network News July 20, 2022

MarketsFarm — Crops in Manitoba remain in good shape, according to the latest weekly report from the province’s agriculture ministry. In particular, Manitoba Agriculture and Resource Development (MARD) found spring wheat across the province rated 85 per cent good to excellent — but with crops not doing as well in the province’s Interlake region. While […] Read more

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

GFM Network News