Chicago Board of Trade wheat futures rose further on Wednesday, setting a new 3-1/2-month high, as concern grew about drought in Russia while a drone attack on a Ukrainian river port kept attention on war risks.
Wheat
U.S. grains: Wheat extends rally with weather, war risks in focus
CBOT Weekly: USDA report, short-covering raising prices
The USDA Quarterly Grain Stocks report as of Sept. 1 caused prices at the Chicago Board of Trade (CBOT) to rise during the week ended Oct. 2, 2024.
Manitoba Crop Report: Dry weather advances harvest to 73 per cent
Warm and dry weather during the week ended Sept. 30, 2024 allowed Manitoba's harvest to advance 15 points at 73 per cent completion.
U.S. grains: Wheat rallies on drought, geopolitical tensions; corn follows
Corn futures set new 3-month highs on support from wheat, and as oil prices jumped on Tuesday, after the Israeli military said on Tuesday that missiles had been launched from Iran at Israel and NATO's new chief Mark Rutte voiced strong support for Ukraine.
U.S. grains: Soy futures soar on US weather woes
U.S. soybean futures hit their highest in two months on Friday as soymeal futures surged by five per cent on worries about damage to crops and infrastructure in the Gulf Coast region following the landfall of Hurricane Helene as well as short-covering ahead of key crop reports due Monday.
EU cuts wheat crop estimate to 12-year low
European wheat production forecast at 12-year low. Corn, barley, oilseeds also down on year.
Starch makers forced to adapt after poor wheat crop in France
A sharp fall in the quality of France's wheat crop due to excess rain will lead to additional costs for starch makers just as the industry is still suffering from low demand and increasing competition from imports
U.S. grains: CBOT soybeans, wheat see volatile trade as drought risks weigh
Chicago soybeans touched a new two-month peak before ending lower on Tuesday, amid questions over export demand and late-season drought impacts on U.S. crop yields, traders said.
Saskatchewan Crop Report: Harvest nears 80 per cent despite rain
Despite rainfall across Saskatchewan, the province's harvest still advanced five points at 79 per cent complete as of Sept. 23. This year's pace is currently ahead of the five-year and 10-year averages.
Feed Grain Weekly: Weight issues, low cattle numbers holding prices back
Feed grain prices on the Prairies stayed relatively steady for the week ended Sept. 25 as low cattle numbers in feedlots and light test weights for grains limit price gains.