Wheat Archives - Page 138 of 163

Corn down, soybeans steady in latest U.S. supply/demand report

By GFM Network News June 11, 2019

MarketsFarm — Corn production in the U.S. has been projected to drop by almost nine per cent in 2019, according to the latest world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA). The department released its report on June 11, with some notable changes and ‘non-changes’ compared to its May […] Read more

Emerging corn plants in Canada. (Sophie-Caron/iStock/Getty Images)

Crops, Markets, Reuters

U.S. grains: Corn hits one-week high as USDA cuts yield more than expected

By GFM Network News June 11, 2019

Chicago | Reuters — U.S. corn futures climbed to a one-week high on Tuesday after the U.S. Department of Agriculture (USDA) made a bigger-than-expected cut to its yield estimate due to unprecedented planting delays this spring. USDA, in a monthly report, slashed its corn yield projection by 10 bushels an acre from May, or 5.7 per […] Read more

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

Crops, Markets, Reuters, Weather

U.S. grains: Corn seesaws, soy rises on planting uncertainty

By GFM Network News June 10, 2019

Chicago | Reuters — U.S. corn futures veered between gains and losses while soybean futures rose on Monday as planting delays fueled uncertainty over the size of the nation’s crops. Heavy rains delayed plantings the spring and traders remain unsure about how many acres of corn and soy will actually be planted and how much […] Read more

Emerging durum south of Griffin, Sask. on May 31, 2019. (Leeann Minogue photo)

Crops, Markets, Reuters, Spring Wheat

Canadian wheat sales to China hit 14-year high despite dispute

By Rod Nickel, GFM Network News June 6, 2019

Winnipeg/Chicago | Reuters — Canada has shipped the most wheat to China in 14 years, contrasting a sudden halt in canola trade amid a diplomatic dispute between the countries, as Chinese buyers shunned the United States. China bought 1.5 million tonnes of wheat from Canada from August 2018 through April 2019, nearly double the pace […] Read more

Barley south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Barley, Crops, Markets, Weather

Feed weekly outlook: Barley bids rise on weather woes, tight old-crop supplies

By GFM Network News June 6, 2019

MarketsFarm — Tight old-crop supplies and mounting weather concerns over new-crop production are keeping feed grain prices well supported in Western Canada as end-users work to ration supplies. “We’ve seen a very real weather market emerge in the last few weeks,” said Brandon Motz of CorNine Commodities at Lacombe, Alta., pointing to wet conditions hampering […] Read more

A crenellated walkway on top of the Great Wall of China. (Cia.gov)

Crops, Reuters, Soybeans

Canada frets about potential Chinese crackdown on more exports

By GFM Network News June 6, 2019

Ottawa | Reuters — Canadian Prime Minister Justin Trudeau said on Thursday he was concerned that China could broaden its crackdown on Canada’s exports, and that he might seek a meeting with Chinese President Xi Jinping later this month. China has already blocked imports of Canadian canola seed and looks set to boost customs examinations […] Read more

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

Crops, Markets, Reuters

U.S. grains: Futures plummet on Midwest weather, profit-taking

By GFM Network News June 5, 2019

Chicago | Reuters — U.S. grain futures plummeted across the board on Wednesday, as fears eased about the potential for rain damage to the wheat crop and forecasts of warmer temperatures in the U.S. Midwest opened a narrow planting window for soybean farmers. The burgeoning U.S.-Mexico trade fight added pressure to corn futures, despite a […] Read more

Cereals, Crops, Machinery

Federated Co-op buying Saskatchewan ethanol plant

By GFM Network News May 22, 2019

Federated Co-operatives is set to lock in an ethanol supply for its member co-ops’ gas stations with a deal for a major Saskatchewan wheat ethanol producer. FCL announced Wednesday it will buy the Terra Grain Fuels ethanol plant in the RM of Pense near Belle Plaine, about 25 km east of Moose Jaw, for an […] Read more

Canola, Crops, Markets

Huge increase predicted in canola ending stocks

By GFM Network News May 21, 2019

MarketsFarm — Canadian canola carryout stocks are forecast to rise to a record 5.3 million tonnes by the end of the 2019-20 marketing year, more than doubling the previous five-year average, according to updated estimates from Agriculture and Agri-Food Canada’s market analysis division. While the department, in its estimates, expects total canola production to decline […] Read more

Barley, Crops, Markets

Feed weekly outlook: Feed grain prices flagging

By GFM Network News May 16, 2019

MarketsFarm — Feed grain prices have softened across the Prairies, as seeding is well under and many producers have the coverage they need until new crops begin to come off the field in August. Markets are fundamentally bearish right now, as farmers with enough coverage can wait until prices get even lower when new crop […] Read more

Daily Network News

Russian grain ship believed sunk in Ukrainian drone attack found, towed to shore, TASS says

Striking JBS workers to return to Colorado plant on promise of talks

Canadian finance minister talks supply chain integrity, pork tariffs with Chinese vice premier

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