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Wheat

CBOT March 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat down three per cent

Soy, corn also sag on pre-holiday slide

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Chicago | Reuters — Chicago wheat futures fell more than three per cent on Wednesday and corn and soybean futures also slipped as traders booked profits after recent highs in all three markets, and ahead of Thursday’s U.S. Thanksgiving holiday, analysts said. Chicago Board of Trade March wheat futures settled down 21 cents at $5.96-1/2 […] Read more
File photo of a rye field in Kazakhstan. (Stsmhn/iStock/Getty Images)
Crops

Beware of Kazakhs wanting to buy seed, agency says

Seed growers and farmers alike are being warned such sales breach breeders' rights rules

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Western Canadian seed growers, seed retailers and commercial farmers are being urged not to sell seed to Kazakhs or their agents because it breaches plant breeders’ rights rules. “The basic fact is no Canadian breeder has given permission for their genetics to go to Kazakhstan,” Lorne Hadley, executive director of the Canadian Plant Technology Agency, […] Read more
CBOT March 2021 wheat (candlesticks) with K.C. (green line) and MGEX (orange line) March 2021 wheat. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat up on crop ratings

Corn drifts lower, soybeans down day after touching $12

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Chicago | Reuters — Chicago wheat futures climbed to two-week highs on Tuesday as a surprise decline in winter wheat condition ratings raised concerns about supplies of the food grain, traders said, while corn futures ticked lower ahead of Thursday’s U.S. Thanksgiving holiday. Chicago Board of Trade March wheat futures settled up 13 cents at […] Read more
CBOT January 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy touches US$12 mark on Brazil weather

CBOT March corn, wheat also up

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Chicago | Reuters — U.S. soybean futures climbed to US$12 a bushel on Monday for the first time in four years as dry conditions in parts of Brazil and Argentina stoked concerns about supplies of the oilseed, analysts said. Corn advanced, also lifted by worries about dryness in South America, and wheat futures followed the […] Read more
(Dave Bedard photo)
Crops, Markets

Crop stocks forecasts mostly unchanged in AAFC supply/demand report

Corn carryout revised upward

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MarketsFarm — Updated crop supply/demand tables from Agriculture and Agri-Food Canada, released Friday, included only minor changes from the previous month. Larger adjustments are expected after Statistics Canada releases its final production numbers for the year on Dec. 3. Canola and all-wheat ending stocks for the 2020-21 marketing year were both left unchanged at 2.25 […] Read more
CBOT January 2021 soybeans (candlesticks) with 20-day moving average (green line) and ICE January 2021 canola (yellow line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans touch new four-year peak on supply concerns

Corn hits highest since July 2019, wheat ends mixed

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Chicago | Reuters — U.S. soybean futures rose for a sixth consecutive session on Friday and hit a four-year high on dry conditions in key South American crop areas and concerns about dwindling U.S. supplies. Corn also gained on strong exports and worries about South American dryness, while wheat ended mixed. All three markets finished […] Read more
CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans slip off peak, end mostly firm

Corn, wheat dip; strong demand, tight supply limit losses

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Chicago | Reuters — U.S. soybean futures ended mostly firmer on Thursday as late-session buying amid worries over tightening supplies offset earlier profit-taking and technical selling that had dragged prices down from four-year peaks. Corn and wheat retreated after prior-day increases as investors pocketed some gains. Chicago Board of Trade (CBOT) January soybean futures ended […] Read more

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