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Fusarium head blight.
Crops, News

Cereal diseases to watch in 2020

Tan spot, septoria complex, scald, FHB and root rots top the list. What’s the outlook for your region?

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Agriculture and Agri-Food Canada is predicting a slight increase in seeded acreage of wheat in 2020. Difficult spring planting conditions ran the gamut across the Prairies in 2019 from limited to excess moisture; however, moisture levels going into 2020 look adequate, with projected cool, dry conditions. Regardless, producers should start the season armed with a […] Read more
CBOT July 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy rises on stronger Brazilian currency

Wheat pressured by rain relief across Europe, export lull

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Chicago | Reuters — U.S. corn and soybean futures rose on Wednesday as plans to ease lockdown measures and a move by U.S. President Donald Trump to keep meat factories open tempered fears about demand destruction caused by the coronavirus epidemic. Wheat futures slid, hitting a one-month low as rains in Europe and the Black […] Read more
CBOT July 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Choppy markets settle lower as demand destruction persists

Corn, soybeans down slightly as traders square positions

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Chicago | Reuters — U.S. corn and soybean futures fell slightly on Tuesday as traders squared positions at month-end. A faster-than-average U.S. seeding pace in the U.S. Department of Agriculture’s (USDA) Monday crop conditions report pressured corn futures, while traders noted the condition of U.S. winter wheat was not as good as expected. Demand for […] Read more
CBOT July 2020 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Active planting weighs on corn

Chicago wheat hits lowest level since March 19

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Chicago | Reuters — Chicago corn futures slid on Monday on favourable U.S. planting weather coupled with struggling crude oil prices that continue to pressure demand for corn-based ethanol, analysts said. Chicago Board of Trade (CBOT) wheat futures slipped to one-month lows as expected rain across Europe eased concerns about crop stress while competitive Saudi […] Read more
CBOT July 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soybean futures down off gains

Chicago wheat also weak

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Chicago | Reuters — U.S. corn and soybean futures fell on Friday after three straight days of gains as investors took some risk out of the market due to demand uncertainty stemming from the global coronavirus pandemic, traders said. Wheat futures also were lower, with forecasts for some rain in key production areas of Europe […] Read more
CBOT July 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Export hopes push soy, corn, wheat futures higher

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Chicago | Reuters — U.S. soybean, corn and wheat futures rose on Thursday as recent declines spurred demand for imports of all three commodities, traders said. Bargain-buying and short-covering contributed to the bullish tone following a sharp sell-off across the commodities market as the coronavirus pandemic roiled demand. “None of the major commodities have a […] Read more
CBOT July 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn gains on short-covering

Soy firms on export deal

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Chicago | Reuters — U.S. corn futures rose 2.4 per cent on Wednesday as traders unwound bearish bets following the market’s decline to its lowest since September 2009 on Tuesday, traders said. “Corn got down to the lowest prices yesterday we have seen in many years, and we have a short-covering bounce,” said Greg Grow, […] Read more
CBOT May 2020 corn (candlesticks) with 20-, 50- and 100-day moving averages, and NYMEX May 2020 WTI crude oil (purple line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn hits lowest since September 2009

Soybeans firm on bargain buying; wheat mixed

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Chicago | Reuters — U.S. corn futures fell 1.4 per cent on Tuesday to a fresh 10-1/2-year low as crumbling demand for fuel due to the global coronavirus pandemic threatened the ethanol sector. “They are taking their cue from energy,” said Mark Schultz, chief market analyst at Northstar Commodity. “It is a pretty tough business […] Read more
CBOT May 2020 corn (candlesticks) and NYMEX May 2020 WTI crude oil (blue line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn sinks to lowest since 2009 as crude oil turns negative

Russian export curbs support CBOT wheat

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Chicago | Reuters — Chicago Board of Trade corn futures sagged 2.6 per cent to its lowest since September 2019, with a plunging crude oil market slashing demand for ethanol, traders said. Soybean futures also were lower, hitting a one-month low on pressure from cratering demand for energy amid the coronavirus pandemic. “Anything that had […] Read more

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