(Thinkstock photo)

U.S. wheat stocks bigger than expected, trade watching weather

CNS Canada — A larger-than-expected wheat ending stocks forecast from the U.S. Department of Agriculture weighed on the country’s wheat futures Thursday, with attention now squarely on weather conditions. The government agency pegged wheat carryout for the upcoming 2018-19 marketing year at 955 million bushels, about 30 million above average trade guesses. Total wheat production […] Read more









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U.S. grains: Soybeans climb on USDA data

Chicago | Reuters — U.S. soybean futures closed higher on Tuesday after the U.S. Department of Agriculture trimmed its forecast of U.S. 2017-18 soybean ending stocks in a monthly report, bucking trade expectations for an increase. Wheat closed modestly higher on technical buying and worries about poor weather in the U.S. Plains wheat belt, while […] Read more


(USDA.gov via Flickr)

U.S. grains: Corn at seven-month high on smaller stockpiles

Chicago | Reuters — U.S. corn futures jumped 1.6 per cent to a seven-month high on Thursday after the U.S. Department of Agriculture showed smaller-than-expected stockpiles in the wake of increased exports and demand for ethanol, traders said. Corn prices on a continuous chart notched their biggest daily gains since December, dragging wheat futures higher. […] Read more