Wheat Archives - Page 202 of 594

U.S. grains: Corn, soybeans, wheat plunge as economic worries rise

By Mark Weinraub, GFM Network News June 23, 2022

Chicago | Reuters – U.S. corn, wheat and soybean futures plummeted on Thursday, as investor fears of an economic downturn and improved sentiment over U.S. crops shifted attention from war disruption to Black Sea exports. Wheat futures Wv1 sank to their lowest level since March 1, soybeans Sv1 hit their lowest since May 11 and corn Cv1 hit its lowest since […] Read more

Crops, Markets

Saskatchewan Crop Report: Rain falls on most of the province

By GFM Network News June 23, 2022

MarketsFarm – Rain fell on all growing regions of Saskatchewan during the week ended June 20 improving growing conditions, according to the province’s weekly crop report released on June 23. Most areas received at least 20 millimetres of rain during the week, with the communities of Prince Albert, Nipawin, Spiritwood and Kindersley all getting more […] Read more

Price movement for both feed barley and feed wheat in Western Canada have been mixed. Photo: Canada Beef Inc.

Cereals, Crops, Markets

Feed weekly outlook: Barley, wheat prices starting to soften

By GFM Network News June 23, 2022

MarketsFarm – It appears that the days of feedlots on the Prairies primarily using corn may be coming to an end. After nearly a year of feedlots importing corn from the United States, due to tight supply and higher prices for feed barley and feed wheat in Western Canada, demand has mostly turned towards cereal […] Read more

File photo of Black Sea port facilities at Odesa, Ukraine. (Leskas/iStock/Getty Images)

Crops, Markets, Reuters

U.S. grains: Wheat firms after Russia strikes Ukraine port

By Mark Weinraub, GFM Network News June 22, 2022

Chicago | Reuters – U.S. wheat futures firmed on Wednesday, rebounding from a sharp decline a day earlier as investors covered short positions following a Russian strike on a port in Ukraine that renewed fears about supply shortages, traders said. “Wheat was mostly higher today … after Russia unleashed a missile attack damaging at least […] Read more

Markets, Reuters

Ukraine grain exports 48 per cent down so far in June

By GFM Network News June 22, 2022

Reuters – Ukrainian grain exports in the first 22 days of June fell by 48 per cent from a year earlier to 907,000 tonnes, agriculture ministry data showed on Wednesday. The volumes included 803,000 tonnes of corn, 78,000 tonnes of wheat and 21,000 tonnes of barley, the data showed. Ukraine exported up to 6 million […] Read more

Cattleman’s Corner, Markets

Feeder market strengthens toward third quarter

Several factors indicate prices will be higher during fall and winter of 2022

By Jerry Klassen June 22, 2022

Alberta packers were buying fed cattle on a dressed basis in the range of $284-$286 during the second week of May. This is up about $10 from a month earlier. Alberta and Saskatchewan were contending with a backlog of market-ready, fed cattle supplies during the first five months of 2022. However, this burdensome supply situation […] Read more

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

Crops, Markets, Reuters, Weather

U.S. grains: Wheat futures hit lowest since late March

Chicago corn, soybeans also weak

By Mark Weinraub, GFM Network News June 21, 2022

Chicago | Reuters — U.S. wheat futures sank 5.7 per cent on Tuesday to their lowest level in 2-1/2 months, pressured by early harvesting in the United States and Europe as well as fresh efforts to boost the amount of grain shipped from Ukraine. Corn futures were down three per cent as weather forecasts turned […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids firm as loonie falls

By Phil Franz-Warkentin, GFM Network News June 18, 2022

MarketsFarm — Spring wheat bids in Western Canada moved higher during the week ended Thursday, as heavy losses in the Canadian dollar more than countered the bearish influence of weakening U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $4.50-$7.40 per tonne during the week ended Thursday, […] Read more

Canola, Crops, Markets

Canola net long position smallest in 10 months

By Phil Franz-Warkentin, GFM Network News June 18, 2022

MarketsFarm — The net long position held by fund traders in the ICE Futures canola market continued to dwindle in the latest Commitment of Traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC), hitting its smallest level since August 2021. The net managed money long position in ICE Futures canola came in […] Read more

CME July 2022 wheat (candlesticks) with 20- and 50-day moving averages (green and black lines), MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)

Crops, Markets, Reuters

U.S. grains: Wheat falls on harvest pressure, firmer U.S. dollar

Hot Midwest spell raises early concerns about corn, soy yields

By Christopher Walljasper, GFM Network News June 18, 2022

Indianapolis | Reuters — Chicago wheat futures fell on Friday, erasing gains earlier in the week as harvest pressure weighs and a firmer dollar limits export business, traders said. Corn inched higher, finding a fresh one-month high, supported by hot weather in the U.S. Midwest that could threaten crops, while soybeans traded near even heading […] Read more

Daily Network News

Public consultation open on national beef code of practice

Pulse weekly: Indian forecasters predict below-normal monsoon

Argus cuts Ukraine wheat crop forecast on lower harvest area

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