Chicago | Reuters — U.S. soybean futures dropped 1.1 per cent on Wednesday as investors locked in profits a day after the market’s rally to a four-week high, traders said. […] Read more
Spring wheat
U.S. grains: Soybeans set back on profit taking
U.S. grains: Corn, soybeans close firm; wheat gains muted
Chicago | Reuters –– U.S. soybean and corn futures closed firmer on Tuesday, hitting four-week highs on concerns about rains slowing the early soybean harvest in Brazil and investor hopes […] Read more
Falling loonie boosts Prairie spring wheat bids
CNS Canada — Cash spring wheat bids across Western Canada moved higher during the week ended Friday, as declines in the Canadian dollar helped basis levels improve. Average Canada Western […] Read more
Changes to CGC’s Western wheat classes coming Aug. 1
Come Aug. 1, Western Canada will get a new ninth milling wheat class, Canada Northern Hard Red (CNHR), that’s expected to open up opportunities for higher-yielding wheats, while preserving the […] Read more
Egypt moves to clarify ergot rules on wheat imports
Reuters — Egypt’s supply ministry moved to clarify rules on wheat imports on Thursday, saying it would allow shipments with traces of the grain fungus ergot to enter the country. […] Read more
U.S. grains: Corn, wheat up on short-covering ahead of long weekend
Chicago | Reuters –– U.S. corn and wheat futures each jumped one per cent or more on Friday, shrugging off earlier losses as investors took profits on bearish short bets […] Read more
U.S. grains: Wheat prices fall on hefty supplies
Chicago | Reuters — U.S. wheat fell for the second straight day on Thursday, pressured by technical selling, ample global supplies and lacklustre demand for U.S. shipments and dragged by […] Read more
U.S. grains: Corn, soy steady on technicals after big gains
Chicago | Reuters — U.S. corn and soybeans edged higher on Wednesday while wheat prices were slightly lower at the Chicago Board of Trade, with all three markets steadying after […] Read more
Ocean freight cost index breaks another floor
CNS Canada — The Baltic Dry Index (BDI) continues its downward slide, dropping below 400 points for the first time ever as ocean freight rates struggle to find their bottom. […] Read more
USDA grains report catches speculators leaning wrong way
Washington | Reuters — Grains market speculators who had built massive short positions in recent months were caught leaning the wrong way after the U.S. government cut its corn and […] Read more
Cyber-Savvy Farmer
