Wheat Archives - Page 223 of 572

Grain storage at a Russian seaport. (Pridannikov/iStock/Getty Images)

Crops, Markets, Reuters, Spring Wheat, Winter Wheat

Tax, competition expected to prolong Russian wheat export season

Tax complicates forward sales for exporters

By GFM Network News August 23, 2021

Moscow | Reuters — Exports of Russian wheat will stretch well into the second half of the season as Moscow’s export tax and tough competition with Ukraine and Romania slow sales until the end of 2021, traders and analysts said. Russia, the world’s largest exporter of wheat, generally sells most of its crop during the […] Read more

CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans, wheat gain in commodities rebound

Biofuel worries cap corn

By GFM Network News August 23, 2021

Chicago | Reuters — U.S. soybean futures firmed on Monday in a modest recovery from last week’s two-month low as crude oil markets rebounded and lifted soyoil prices more than three per cent, traders said. Wheat also gained as the U.S. dollar softened and as weekly export inspections topped trade expectations. Corn was flat to […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Big jump for durum

U.S. futures, lower loonie supportive for cash wheat bids

By GFM Network News August 21, 2021

MarketsFarm — Wheat bids in Western Canada for the week ended Thursday were higher for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats, while there were sharp increases for Canada Western Amber Durum (CWAD). Gains in U.S. wheat markets supported values, as did a steep drop for the Canadian dollar. Average […] Read more

CBOT December 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Soy, corn slide on macroeconomic fears, biofuel worries

CBOT, MGEX December wheats also down

By Julie Ingwersen, GFM Network News August 20, 2021

Chicago | Reuters –– U.S. soybean futures fell to their lowest in nearly two months on Friday and corn set a near one-month low on macroeconomic concerns along with beneficial rains in the western Midwest and Plains, analysts said. Soyoil futures fell more than five per cent on reports that the U.S. Environmental Protection Agency […] Read more

CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy sag on broad commodities weakness

Forecasts call for rain in northwestern U.S. Midwest

By Julie Ingwersen, GFM Network News August 19, 2021

Chicago | Reuters — U.S. corn and soybean futures fell about 2.5 per cent on Thursday, following broad declines in commodities including crude oil and metals tied to fears about slowing global growth, analysts said. Pressure also stemmed from forecasts for rains in northwestern portions of the Midwest that could improve production prospects, particularly for […] Read more

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

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: New crop expected to stabilize feed prices

Drought will drag Prairies' yields much lower

By GFM Network News August 19, 2021

MarketsFarm — New crop is starting to make its way into feed grain bins as the annual harvest gets underway in Alberta. However, due to the drought conditions which have enveloped Western Canada, yields will be much lower than normal. “(The yields are) generally lower than expected and (there’s been) some disappointment,” said Allen Pirness, […] Read more

Alfalfa looper larva. (CanolaCouncil.org)

Crops, Reuters

U.S. to ban use of chlorpyrifos on food crops

Cancellation already scheduled for most outdoor use in Canada

By Tom Polansek, GFM Network News August 19, 2021

UPDATED, Aug. 25 –– Chicago | Reuters — The U.S. Environmental Protection Agency on Wednesday said it will ban the use on food crops of chlorpyrifos insecticide, which has been linked to health problems in children. The decision is a victory for environmental activists who have fought to stop the use of the chemical that […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans fall on technicals, U.S. weather

Wheat, corn futures end firm

By Julie Ingwersen, GFM Network News August 18, 2021

Chicago | Reuters — U.S. soybean futures fell Wednesday on technical selling and forecasts for welcome rains in northwestern portions of the U.S. Midwest, but wheat and corn futures edged higher. Chicago Board of Trade November soybeans settled down 8-1/4 cents at $13.53-1/4 per bushel (all figures US$). CBOT December wheat ended up 2-3/4 cents […] Read more

File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)

Crops, Markets, Winter Wheat

Russia’s agriculture ministry pauses grain harvesting data

By Reuters, GFM Network News August 18, 2021

Moscow | Reuters — Russia’s agriculture ministry has paused its daily publication of grain harvesting data while it refines the reporting format used by the country’s growing regions, the ministry said Wednesday. Russia is the world’s largest wheat exporter, supplying it mainly to Africa and the Middle East. It competes with the European Union and […] Read more

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Crops, Markets

CBOT weekly outlook: Focus shifts away from USDA supply, demand estimates

By GFM Network News August 18, 2021

MarketsFarm — Nearly a week after the U.S. Department of Agriculture’s (USDA) Aug. 12 release of its monthly supply and demand estimates, they still lingered in the minds of traders at the Chicago Board of Trade (CBOT). “Corn at $5.65 (per bushel), that’s where it’s trading right now, that is the fair market value for […] Read more

Media reports suggest U.S. dairy access to Canada a topic of conversation in Ottawa

U.S. livestock: Cattle choppy amid weak cash market, tight supply

China’s canola, soybeans imports to drop one million tonnes each

GFM Network News