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ICE July 2022 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines) and November 2022 canola (purple line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Trend remains pointed higher for canola

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MarketsFarm — The ICE Futures canola market climbed to fresh contract highs once again during the week ended Wednesday, although profit-taking at those highs did slow the advances. While additional corrections are possible, both the underlying fundamentals and technical remain supportive. “This is the bull market of all time in canola,” said analyst Mike Jubinville […] Read more
CBOT July 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans climb on export optimism

Chicago wheat eases on profit-taking

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Chicago | Reuters — Chicago soybean futures rose on Wednesday, with the July contract hitting a two-month high on optimism about export demand for U.S. supplies of the oilseed, analysts said. Corn followed soybeans higher, with front contracts leading the way up in both markets. But wheat futures fell on profit-taking, easing a day after […] Read more
CBOT July 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn pulls back after reaching decade high

Wheat also gives up gains amid profit-taking, traders say

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Chicago | Reuters — Chicago Board of Trade corn futures ended lower on Tuesday, consolidating below a decade high reached earlier, as traders assessed risks to global supply from the war in Ukraine and a slow start to planting in the U.S. Wheat futures also weakened, with profit-taking pressuring the markets, traders said. The July […] Read more
(iStock/Getty Images)
Crops, Peas, Pulses

Pulse weekly outlook: No worries about delayed planting in Manitoba

'Farmers can get stuff in pretty quick'

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MarketsFarm — Despite an influx of snow across southern Manitoba, with more precipitation in the forecast for this week, a provincial pulse specialist isn’t too concerned about the potential for late planting of pulse crops. “The moisture is welcome, but it’s not the weather we would like to see at this time of the year. […] Read more
A farm worker unloads Ukrainian-made fertilizer from a truck on April 5, 2022 to use on a wheat field near the village of Yakovlivka, outside Kharkiv, after it was hit by an aerial bombardment. (Photo: Reuters/Thomas Peter)
Crops

Farming behind the lines: Ukraine’s farmers sow amidst wreckage

Despite their best efforts, however, famine looms as war rages

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In early April, Ukrainian soldiers expelled the Russian invaders from the northern regions of Ukraine: Kyiv, Chernihiv and Sumy regions. The wounded enemy left, leaving behind burned-out war machines and the unburied corpses of his soldiers. However, the invaders managed to do a lot of damage. Many of you are probably aware of the atrocities […] Read more
CBOT July 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn futures above $8 on supply concerns

Ukraine war continues disrupting Black Sea grain exports

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Chicago | Reuters — Chicago Board of Trade corn futures topped US$8 a bushel and reached their highest price in nearly a decade on Monday on concerns over unfavourable U.S. weather slowing plantings and the Ukraine war disrupting grain exports. Traders worry chilly weather hampering plantings this spring could potentially contribute to lower yields come […] Read more
CBOT May 2022 corn (green and red candlesticks) with 20-day moving average (yellow line) and December 2022 corn (orange candlesticks). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn climbs on global supply fears

Wheat down on profit-taking; Argentina trucker strike supports soy, corn

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Chicago | Reuters — U.S. corn futures hit life-of-contract highs on Thursday, supported by tightening global grain supplies and an uncertain production outlook as the Russia-Ukraine war continued to rattle markets, analysts said. However, trade was choppy and deferred corn contracts finished lower as traders took profits ahead of a three-day holiday weekend. U.S. markets […] Read more
CBOT May 2022 corn (candlesticks) with 20- and 50-day moving averages (yellow and orange lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn nears 10-year high

Wheat, soy up as Ukraine still in focus

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Chicago | Reuters — U.S. corn futures hit their highest in nearly 10 years on Wednesday and wheat touched a three-week top on worries about tightening global grain supplies, the crisis in Ukraine and drought in the U.S. Plains, analysts said. Soybeans bounced, shaking off signs of slowing demand from top global buyer China, while […] Read more

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