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USDA lowers Canadian canola export forecast

By GFM Network News April 10, 2019

MarketsFarm — The slowing pace of Canadian canola exports, linked to the country’s trade dispute with China, saw the U.S. Department of Agriculture lower its forecast for Canadian canola exports in the current 2018-19 marketing year. In its latest Oilseeds: World Markets and Trade report, USDA’s Foreign Agricultural Service said actual Canadian exports could end […] Read more

(Ablokhin/iStock Editorial/Getty Images)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Markets brace for weather, trade war

By GFM Network News April 10, 2019

MarketsFarm — With the U.S. Department of Agriculture’s world agriculture supply and demand estimates (WASDE) report in the rearview mirror, the Chicago Board of Trade is trading largely on weather forecasts and flood reports. Markets did react, however, when the WASDE report dropped on Tuesday. “We did see some short covering in the market yesterday […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME hogs limit down, retreating from last week’s top

By Julie Ingwersen, GFM Network News April 10, 2019

Chicago | Reuters — Most months of Chicago Mercantile Exchange lean hog futures closed down the daily three-cent trading limit on Tuesday on softening cash markets and profit-taking following contract highs set last week, analysts said. “The cash market has slowed down. It was down a little yesterday and the carcass values were weaker this […] Read more

Crops, Markets

USDA raises corn stocks projections, lowers soybeans

By MarketsFarm Team, GFM Network News April 9, 2019

MarketsFarm — Updated supply/demand estimates from the U.S. Department of Agriculture came largely in line with expectations, with larger U.S. and world corn and wheat stocks and slight downward revisions to soybean carryout numbers. Expected U.S. corn ending stocks for the current marketing year were raised by 200 million bushels, to 2.035 billion bushels, in […] Read more

CBOT May 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Wheat pressured by ample global stockpiles

By GFM Network News April 9, 2019

Chicago | Reuters — U.S. wheat futures fell to a one-week low on Tuesday, pressured by improving U.S. yield prospects and rising global stockpiles, analysts said, while nearby U.S. corn and soybean futures finished unchanged. Chicago Board of Trade May wheat settled down 5-3/4 cents at $4.59-1/2 per bushel after dipping to a one-week low […] Read more

Crops, Markets, Reuters

USDA to adjust format of monthly supply/demand report

By GFM Network News April 9, 2019

Chicago | Reuters — The U.S. Department of Agriculture will revise its monthly world supply and demand crop reports starting in May to try to account for the outsized role of China’s global grain stocks, a government official said on Tuesday, confirming a note on a USDA website. Starting with its May 10 report, the […] Read more

CBOT May 2019 corn, with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn ends lower ahead of USDA monthly data

By GFM Network News April 8, 2019

Chicago | Reuters — U.S. corn futures declined on Monday as traders adjusted positions a day ahead of a monthly supply-and-demand report from the U.S. Department of Agriculture in which the government is expected to raise its forecast of U.S. corn ending stocks. Wheat also fell, while soybeans ended nearly unchanged after a choppy session. […] Read more

CBOT May 2019 corn (candlesticks) compared with May 2019 soybeans (green line). (Barchart)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Weather, flooding are main focus

By GFM Network News April 3, 2019

MarketsFarm — This spring’s weather and flooding in the United States have become the main focus for traders at the Chicago Board of Trade (CBOT), said an analyst. “What kind of planting conditions, how much rain, how much flooding, and how cold things are,” listed Steve Georgy, president of Allendale Inc. at McHenry, Ill. The […] Read more

CBOT May 2019 corn futures with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn bounces from sharp sell-off

By GFM Network News April 1, 2019

Chicago | Reuters — U.S. corn, soybean and wheat futures rose on Monday, rebounding from Friday’s sell-off spurred by a government report that showed massive supplies of all three commodities remained in storage bins around the country. Corn notched the biggest gain, with the most active Chicago Board of Trade contract rallying 1.8 per cent […] Read more

Severe flooding in the U.S. Midwest may weigh on plantable acreage this spring for producers such as Justin Mensik, a corn and soybean grower shown here March 22, 2019 at his farm at Morse Bluff, Neb., about 70 km west of Omaha. (Photo: Reuters/Humeyra Pamuk)

Crops, Markets, Reuters, Weather

U.S. corn, soy stocks top forecasts

By GFM Network News March 29, 2019

Chicago | Reuters –– Massive supplies of both U.S. corn and soybeans remained in storage bins around the country ahead of spring planting, U.S. Agriculture Department (USDA) data released on Friday showed. USDA also said that farmers planned to boost their corn plantings by 4.1 per cent but severe flooding in the U.S. Midwest may […] Read more

GFM Network News

Pulse Weekly: Good yields for Manitoba peas, beans

‘Nothing bullish’ for sliding oats market

Thirty-six employers banned from Temporary Foreign Worker program, federal agency says

Tag Archives USDA

USDA lowers Canadian canola export forecast

CBOT weekly outlook: Markets brace for weather, trade war

U.S. livestock: CME hogs limit down, retreating from last week’s top

USDA raises corn stocks projections, lowers soybeans

U.S. grains: Wheat pressured by ample global stockpiles

USDA to adjust format of monthly supply/demand report

U.S. grains: Corn ends lower ahead of USDA monthly data

CBOT weekly outlook: Weather, flooding are main focus

U.S. grains: Corn bounces from sharp sell-off

U.S. corn, soy stocks top forecasts

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