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Wheat

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Barley, Crops, Markets

Feed weekly outlook: Grain prices coming down

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MarketsFarm — As futures prices fall back, those for feed have been following, according to Jenny Redshaw, a trader with Agfinity at Stony Plain, Alta. “There are lots of things going on,” she said, noting demand has been somewhat lacklustre. “The feedlots aren’t breaking down any doors,” she added. With prices down across the board […] Read more
CBOT September 2022 wheat (candlesticks) with 50- and 100-day moving averages (black and dark green lines), 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 rebounds four per cent as recession jitters abate

Corn, soybeans up two per cent after also hitting multi-month lows

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Chicago | Reuters — Chicago Board of Trade wheat futures surged four per cent on Thursday, recovering from a 4-1/2-month low a day earlier, as recession fears in financial markets eased. Soybean futures climbed three per cent and corn rose two per cent in their own moves away from multi-month lows touched in the previous […] Read more
CBOT December 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy futures up off multi-month lows

Chicago wheat settles lower

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Chicago | Reuters — Chicago Board of Trade corn and soybean futures rebounded on Wednesday after tumbling to multi-month lows as fears about a global recession fueled liquidation in commodity markets, analysts said. Bargain buying helped support prices following recent sell-offs by funds that were seen as overdone, analysts said. Traders remain uncertain about the […] Read more
CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Futures fall on recession fears, Midwest rains

U.S. crop ratings lower than trade expected

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Chicago | Reuters — U.S. corn, soybean and wheat futures fell to multi-month lows on Tuesday, joining a broad sell-off in crude oil and equity markets tied to fears of a global economic recession and waning demand for commodities, analysts said. Beneficial rains in portions of the U.S. Midwest over the Independence Day weekend bolstered […] Read more
Alberta cereal crops lead the way in terms of favourable development in the latest provincial crop report. Photo: File
Crops, Markets

Crop conditions in Alberta see remarkable turnaround

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MarketsFarm – As the heydays of summer approach, Alberta reported that its crops were in good shape. The crop report placed all crops in the province at 75 per cent good to excellent, slightly above the five-year average. The rains throughout June were credited with the turnaround, but overall growth and development remained somewhat behind […] Read more
Photo: File
Crops, Markets

Wet weather affecting acreage numbers: analysts

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MarketsFarm – With some parts of Western Canada experiencing delayed seeding due to wet weather, many analysts believe the conditions have caused a ripple effect on acreage totals for the 2022-23 marketing year. Statistics Canada (StatCan) will release its second survey-based acreage report for the 2022-23 marketing year on July 5. Traders and analysts are […] Read more
Photo: Thinkstock
Markets, Soybeans

U.S. soybean acres come in below expectations

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MarketsFarm – Farmers in the United States seeded fewer soybean acres than original intentions and slightly more corn, according to updated acreage estimates from the U.S. Department of Agriculture, released June 30. Total soybean area in the country for the 2022 growing season was pegged at 88.30 million acres by the government agency. That compares […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Soybeans end mostly lower, grains plunge after USDA acres data

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Chicago | Reuters – U.S. soybean futures closed mostly lower on Thursday as midsession support from a lower-than-expected U.S. crop acreage estimate and tightening stocks was eclipsed by broader economic concerns as equities and energy markets retreated. Soy had traded higher after the U.S. Department of Agriculture (USDA) said American farmers planted fewer acres this […] Read more

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