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

U.S. grains: Soybeans buoyed by higher crude oil; wheat sags

Chicago | Reuters — U.S. soybean futures rose on Tuesday, rallying from a seven-week low struck a day earlier, as strong crude oil prices lifted soyoil futures and traders weighed expectations that the leaders of United States and top global soy buyer China will speak this week. Corn futures bounced after dipping to multi-month lows […] Read more













Research based on the financial statements of almost 3,000 Illinois corn and soybean farmers suggests farmers in aggregate are likely to sell four per cent more of their stored grain every time capital costs go up by one per cent.  Photo: File

Sharp drop in canola stocks

StatCan releases grain stocks as of March 31 report

Statistics Canada reported total canola stocks have plummeted over the last year. The federal agency released its grain stocks as of March 31 report on May 8. Also in the StatCan report, all wheat stocks declined moderately and there were other significant changes.