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CBOT July 2020 soybeans with 20- and 50-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans firm on China demand, economic optimism

Equities rally as economies reopen, dollar eases

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Chicago | Reuters — U.S. corn futures firmed and soybeans posted their strongest advance in a month on Tuesday as rising equities and energy markets and a weakening U.S. dollar triggered short-covering in commodities battered by the coronavirus pandemic. Wheat followed corn and soy higher but reversed course amid forecasts for crop-boosting rains in rival […] Read more
(File photo by Lorraine Stevenson)
Crops, Markets

Farmer deliveries well above average in April

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MarketsFarm — Farmer deliveries of major grains into the Canadian commercial pipeline were up substantially in April, hitting their third-highest monthly total on record, according to updated data Statistics Canada released Monday. Farmers in April delivered 5.868 million tonnes of major grains, about a million tonnes above the monthly average during the 2019-20 crop-year-to-date, and […] Read more
(Photo courtesy Canola Council of Canada)
Canola, Crops, Markets, Spring Wheat

AAFC tightens canola stocks projections

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Corrected, May 25 — MarketsFarm — Canadian canola ending stocks for both the current marketing year and the upcoming 2020-21 season will be tighter than earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada released Friday. The latest data take into account acreage estimates released by Statistics Canada earlier in the month. […] Read more
CBOT July 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans, corn fall

Wheat firms on crop concerns; Russia cuts crop outlook

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Chicago | Reuters — U.S. soybean futures sank 1.4 per cent to a two-week low on Thursday, pressured by concerns about falling export demand from the world’s top soy importer due to rising tensions between Beijing and Washington, traders said. “It does not take much,” said Mark Schultz, chief market analyst at Northstar Commodity. “You […] Read more
CBOT July 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat rallies on Black Sea dryness

Corn eases after three days' gains, soybeans climb

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Chicago | Reuters — Chicago wheat futures gained on Wednesday as dryness in Russia and a weak crop outlook on the U.S. Plains lifted the market. Soybeans lifted as the Brazilian currency gained against the U.S. dollar, renewing hopes of buying by China, while corn was flat as demand gains in ethanol and animal feed […] Read more
CBOT July 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat hits lowest since March

Soybeans, corn firm as oil rallies

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Chicago | Reuters –– U.S. wheat futures fell to their lowest in more than two months on Monday, pressured by sluggish demand on the export front and some much-needed rain in the U.S. Plains, traders said. Soybean futures were higher, supported by gains in the crude oil market as well as strong demand from China. […] Read more
CBOT July 2020 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat ends week down four per cent

Soybean, corn futures firm

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Chicago | Reuters — U.S. wheat futures fell on Friday and recorded their biggest weekly slide in a month, dragged down by rising global stockpiles and improving crop prospects in Europe that signal strong competition for export business, analysts said. Soybean and corn futures closed modestly higher in rangebound trade. Chicago Board of Trade July […] Read more
(USDA.gov via Flickr)
Crops, Markets

CBOT weekly outlook: Global grain stocks exert pressure

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MarketsFarm — A forecast of sizeable global ending stocks is weighing on values at the Chicago Board of Trade (CBOT), according to Terry Reilly, senior commodity analyst for Futures International in Chicago. The U.S. Department of Agriculture (USDA) on Tuesday issued its monthly supply and demand report in which it forecast global corn carryout to […] Read more
Parallel stripes of yellowing, unhealthy-looking plants ran across the field.
Crops, Features

Crop advisor casebook: Seeding issue makes for unhealthy wheat plants?

A Crop Advisor's Solution from the May 12, 2020 issue of Grainews

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In early June, I got a call from Keith, who owns a mixed cattle and grain farm near Grandview, Man. He’d been out checking his crop for herbicide timing when he noticed there were parallel stripes of yellowing plants running all across the field. Keith, who also grows canola, oats and mixed hay on his […] Read more

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