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Wheat


Brazilian production estimates are ranging from 153-156 million tonnes, up from last year’s output of 130 million tonnes.
Markets, Markets/Business

Brazil could harvest record soybean crop

Large anticipated South American crop causing discount in North American new crop prices

By Jerry Klassen March 2, 2023
Ontario corn prices have been relatively flat since the end of harvest. Commercial ownership of corn is considered burdensome at this time. Ontario corn demand surges in the latter half […] Read more

(BASF.com)
Crops

BASF halting hybrid wheat seed development in North America

Results 'have not achieved development goals we set'

By Karl Plume March 2, 2023
Reuters — Global chemicals and crop seeds company BASF is halting development of hybrid wheat in North America after results of seed trials failed to reach development goals, the company […] Read more

CBOT May 2023 soybeans with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soy, corn, wheat futures bounce after declines

By Mark Weinraub March 2, 2023
Chicago | Reuters — U.S. soybean, corn and wheat futures rose on Wednesday, with bargain buyers snapping up commodities that posted sharp declines during February. The higher closes in soybeans […] Read more

Wheat in progress west of Pathlow, Sask. on Aug. 1, 2022. (Dave Bedard photo)
Markets

Crop, livestock prices offset reduced marketings in 2022

StatCan data on farm cash receipts tracks recovery off 2021 drought

By Dave Bedard March 1, 2023
New full-year data on Canada’s farm cash receipts in calendar 2022 show how increased commodity prices last year more than offset the drop in quantities sold. Statistics Canada on Tuesday […] Read more

CBOT May 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn hits lowest since August

Chicago soybeans, wheat also drop

By Mark Weinraub February 28, 2023
Chicago | Reuters –– U.S. corn futures fell to their lowest level in more than six months on Tuesday and soybean and wheat futures also dropped on a round of […] Read more


CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (yellow line) and K.C. May 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat hits lowest since September 2021

Chicago corn, soy also fall

By Mark Weinraub February 28, 2023
Chicago | Reuters — Chicago Board of Trade wheat futures dropped 1.6 per cent to their lowest level since September 2021 on Monday as rain across key growing areas during […] Read more

(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Durum rises, red spring falls back

U.S. wheat futures down on week

By Glen Hallick February 26, 2023
MarketsFarm — Wheat prices on the Canadian Prairies saw the red spring varieties take a hit during the week ended Thursday, while durum made gains. There were sharp declines in […] Read more

CBOT May 2023 corn with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn, wheat hit multi-week lows on export concerns

Hopes for Black Sea export deal pressure CBOT grains

By Tom Polansek February 25, 2023
Chicago | Reuters — Chicago Board of Trade corn futures set a six-week low on Friday while wheat hit its lowest level in more than four weeks on concern over […] Read more


(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed grain weekly: Prices slip back on good supplies

Demand for corn from Manitoba, U.S. wanes

By Glen Hallick February 23, 2023
MarketsFarm — There are sufficient supplies of feed barley, wheat and corn across the Prairies, according to Evan Peterson, trader with JGL Commodities. In turn, that’s putting pressure on prices. […] Read more

CBOT May 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn futures hit six-week low on projected plantings

Corn, soy, wheat prices to drop from 2022, USDA predicts

By Tom Polansek February 23, 2023
Chicago | Reuters — Chicago Board of Trade corn futures hit a six-week low on Thursday as the U.S. government projected farmers will plant more acres this year and prices […] Read more

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