Wheat Archives - Page 283 of 573

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

Feed weekly outlook: Barley, wheat price strength may continue

By GFM Network News June 23, 2020

MarketsFarm — Prices for feed barley and wheat have remained strong over the last few weeks, according to traders in Alberta and Saskatchewan. “They move up a dollar or two per metric tonne just to keep moving the old crop,” said Evan Peterson of JGL Commodities’ Saskatoon office. “From what we’ve seen, buyers are just […] Read more

Cigi staff evaluate wheat flour for use in oriental noodles. (Cigi photo)

Cereals, Crops

‘New’ Cereals Canada names board, chair

The merged Cereals Canada/Cigi unit held its first annual meeting

By Allan Dawson, GFM Network News June 23, 2020

Alberta farmer Todd Hames was elected Monday as the chair of the board for the recently reconstituted Cereals Canada, at its first-ever annual meeting. The ‘new’ Cereals Canada was created June 1 when it and the Canadian International Grains Institute (Cigi) amalgamated after two years of discussions and the approval of their respective boards April […] Read more

CBOT July 2020 corn with 20- and 50-day moving averages. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Corn drops to three-week low

Soybeans ease despite crop rating fall as China news weighed

By GFM Network News June 23, 2020

Chicago | Reuters — U.S. corn futures fell for a second straight session on Tuesday and touched a three-week low on an unexpected rise in government crop condition ratings and favorable U.S. Midwest weather that was seen bolstering the recently planted crop. Soybean prices also eased, despite a decline in the U.S. Department of Agriculture’s […] Read more

CBOT July 2020 corn with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Corn falls on good crop weather

Chinese demand for U.S. farm products underpinning markets

By GFM Network News June 22, 2020

Chicago | Reuters — U.S. corn futures declined for the first time in four sessions on Monday as warm weather and scattered rains across a large swath of the Midwest farm belt bolstered development of the recently planted crop. Soybeans were mostly lower as favourable U.S. weather outweighed support from improving demand from top importer […] Read more

Canola, Crops, Markets

Fund short position edging down in canola

By Phil Franz-Warkentin, GFM Network News June 20, 2020

MarketsFarm — The managed money net short position in canola saw a slight reduction in mid-June, as speculators covered short positions in the market, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at […] Read more

CBOT July 2020 soybeans with 20- and 50-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans climb as China trade talks progress

July wheat down over four per cent on week

By GFM Network News June 19, 2020

Chicago | Reuters — Chicago soybean futures gained on Friday as U.S. trade talks with China continued, invigorating hopes the top soybean importer would reach earlier export estimates. Wheat fell as the U.S. winter wheat harvest progressed, while corn inched higher on technical positioning. The most active soybean futures on the Chicago Board of Trade […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Most bids see gains on the week

By GFM Network News June 19, 2020

MarketsFarm — Wheat bids in Western Canada were mostly higher for the week ended Thursday. Canada Western Red Spring (CWRS) wheat made the strongest gains, as Canada Prairie Spring Red (CPSR) was either side of steady. There were modest increases for Canada Western Amber Durum (CWAD). Support came from the Canadian dollar losing about two-10ths […] Read more

CBOT July 2020 wheat with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Reuters

U.S. grains: Wheat slips on bumper harvest, soy up on exports

Corn inches up on technical trading, weather questions

By GFM Network News June 18, 2020

Chicago | Reuters — Chicago wheat futures slid again on Thursday, dropping to their lowest in more than eight months amid a bumper U.S. harvest and well-timed European rains. Soybeans and corn edged higher, on technical trading and signs weather may not be so crop-friendly across the U.S. Corn Belt in coming days. The most-active […] Read more

Barley. (Photo courtesy Canada Beef Inc.)

Barley, Crops, Markets

Feed weekly outlook: Lower stocks support grain prices

Corn still 'competitively' priced

By MarketsFarm Team, GFM Network News June 18, 2020

MarketsFarm — Feed grain prices in Western Canada have been strong lately, as old-crop supplies reach seasonal lows. “We’re getting to the bottom of old-crop stocks,” said Allen Pirness of Market Place Commodities in Lethbridge. However, he noted, growing conditions on the Prairies have been favourable, with no indication of a “drought-induced early harvest.” Old-crop […] Read more

Crops, Markets

Grain exports flow fast as pandemic lockdowns clear rail capacity

Traffic accelerates on lower coal, crude volumes

By Rod Nickel, GFM Network News June 18, 2020

Winnipeg | Reuters — Canadian grain exporters are boosting sales in a slumping global economy, as demand for commodities like oil weakens and frees up railway space. Brisk crop movement in a country that relies heavily on rail is a bright spot during pandemic lockdowns, which have hammered most industries. “We’ve had an almost unlimited […] Read more

GFM Network News

Tyson, Cargill to pay $88 million to consumers in U.S. beef price-fixing lawsuit

Klassen: Highs in place for the feeder market

Trump bailout for trade-hit U.S. farmers expected this week

Wheat