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U.S. grains: Corn up as crop ratings ease
Crops, Markets, Reuters

U.S. grains: Corn up as crop ratings ease

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Chicago | Reuters — Chicago corn futures rose for a second straight day on Tuesday after the U.S. Department of Agriculture said the condition of U.S. crops deteriorated last week following rain, although gains were pared late in the session on improving weather. Soybeans turned lower on forecasts for a window of warmer and drier […] Read more
Ardent Mills’ baking mix plant at Burlington, between Toronto and Hamilton, is now part of Michigan-based baking ingredient firm Dawn Foods. (ArdentMills.com)
Cereals, Crops

Ardent Mills sells Ontario bakery ingredient plant

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Flour miller Ardent Mills plans to push off further from the sweet baking ingredient business, with a deal to sell its southern Ontario ingredient mix plant. Denver-based Ardent said Monday it closed a deal the previous Friday to sell its Burlington, Ont. plant to U.S. bakery ingredient processor Dawn Foods. The deal’s financial terms weren’t […] Read more
If we see a weather rally in wheat futures like we saw last year in May/June, that may be a good opportunity to sell some new crop or buy options.
Columns, Markets

Know your markets: Wheat

Knowing the global buyers and sellers can help you target the best times to sell

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Knowing the key drivers for world markets can help you make better marketing decisions. In this column, we’ll look at the fundamentals of the world wheat market. First, the sellers. Among continents, Europe generated over half of 2018’s worldwide wheat exports, shipping $US21.5 billion worth of wheat, or 54 per cent of the global total. […] Read more
(Erdinhasdemir/iStock/Getty Images)
Crops, Markets

Canola export forecast raised for 2019-20

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MarketsFarm — Canadian canola exports in 2019-20 should beat earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada released Friday. While the improved exports will cut into ending stocks, the carryout is still forecast to be record-large. Citing a seasonal weather market rally and expectations for an increase in prevent planting acres […] Read more
(WWing/E+/Getty Images)
Barley, Canola, Crops, Spring Wheat

Visible Canadian canola stocks back above one million tonnes

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MarketsFarm — Solid deliveries into the commercial pipeline and lacklustre export movement saw visible Canadian canola supplies climb back above one million tonnes during the week ended June 9, according to the latest grain handling report from the Canadian Grain Commission. Farmers delivered 422,500 tonnes of canola during week 45 of the 2018-19 crop year […] Read more
CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

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

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Chicago | Reuters — U.S. corn futures neared a four-year high on Thursday, buoyed by worries about yield prospects for the delayed crop and firm cash markets, analysts said. Soybeans also advanced as weather worries threatened to curtail U.S. production of the oilseed, and wheat futures followed the firm trend. Chicago Board of Trade July […] Read more

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