Chicago | Reuters — U.S. corn futures exceeded a three-week high on Friday and soybeans advanced as forecasts for a heat wave fuelled concerns about potential damage to crops growing […] Read more
Corn
U.S. grains: Corn tops three-week high on heat wave
Soil nitrate tests low in wet, cool year
OMAFRA’s screening shows that soil nitrate levels are about 25 per cent lower than average
Pre side-dress nitrogen tests across Ontario have lower-than-average nitrate levels this season. Why it matters: This year’s results show that nitrate level recommendations for side-dressing and top-dressing may vary for […] Read more
U.S. grains: Wheat hits one-week top after USDA report
Chicago | Reuters — U.S. wheat futures climbed to their highest in more than a week after the U.S. Department of Agriculture (USDA) lowered its forecast of global wheat production […] Read more
CBOT weekly outlook: World wheat output seen lower than expected
MarketsFarm — Parts of the U.S. Department of Agriculture’s latest world agriculture supply and demand estimates (WASDE) have “caught the trade off guard,” according to one trader. In its report, […] Read more
Major grain traders face one-two punch from U.S. floods, trade war
Chicago | Reuters — Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland and Bunge for a second straight quarter, adding to headwinds from a […] Read more
U.S. grains: Soy, corn, wheat firm ahead of USDA monthly data
Chicago | Reuters — U.S. soybean, corn and wheat futures closed higher on Wednesday as traders adjusted positions a day before a monthly U.S. Department of Agriculture (USDA) report in […] Read more
Feed weekly outlook: Grain prices back off previous highs
MarketsFarm — Feed barley prices have come down from June highs, which saw prices around $300 per tonne. Currently, feed barley is around $275-$280 as market participants anticipate arrival of […] Read more
Fund short position grows in canola
MarketsFarm — Speculators were actively adding to their short positions in the ICE Futures canola market during the holiday week ended July 2, according to Monday’s commitment of traders (CoT) […] Read more
U.S. grains: Wheat, corn down on crop conditions, weather
Chicago | Reuters — Chicago corn and wheat futures settled down on Tuesday after the U.S. Department of Agriculture (USDA) raised its condition ratings for both grains and more crop-friendly […] Read more
U.S. refiners urge EPA to keep biofuel waiver requests secret from USDA
Washington | Reuters — A law firm representing small U.S. refineries has urged the Environmental Protection Agency to keep refiners’ applications for waivers from the nation’s biofuel policy secret from […] Read more