There is an old saying, “the top in the market is in place when commodities make headline news.” On May 19, The Economist warned of mass hunger. Time magazine reported […] Read more
Wheat
Row crops off to a great start
Markets remain under pressure due to weather uncertainties and reduced export demand
Canola funds’ position shifts to net short
MarketsFarm — Speculative fund money in ICE Futures canola shifted to a net short position for the first time in two years, according to the latest Commitment of Traders (CoT) […] Read more
USDA attaché alters call on China’s ending stocks
MarketsFarm — Ahead of the July world supply and demand estimates from the U.S. Department of Agriculture (USDA), due out Tuesday, the department’s attaché in Beijing put forth its forecast […] Read more
Prairie cash wheat: Prices take a hard hit
MarketsFarm — Wheat prices on the Canadian Prairies were down hard for the week ended Thursday. Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber […] Read more
U.S. grains: Wheat surges to one-week high on easing recession fears
Corn, soy futures also touch one-week high
Chicago | Reuters — Chicago Board of Trade wheat futures soared 6.6 per cent on Friday, extending a rebound from four-month lows this week on easing fears of a global […] Read more
Feed weekly outlook: Grain prices coming down
MarketsFarm — As futures prices fall back, those for feed have been following, according to Jenny Redshaw, a trader with Agfinity at Stony Plain, Alta. “There are lots of things […] Read more
U.S. grains: Wheat rebounds four per cent as recession jitters abate
Corn, soybeans up two per cent after also hitting multi-month lows
Chicago | Reuters — Chicago Board of Trade wheat futures surged four per cent on Thursday, recovering from a 4-1/2-month low a day earlier, as recession fears in financial markets […] Read more
Enhancing corn and soybean yields in Ontario
OMAFRA Field Crop Report for the week of July 4
Gone are the days of grandpa getting the tractor and 3 furrow plow out to work the whole farm each fall after harvest. For decades now, producers have been developing […] Read more
CBOT weekly outlook: Speculation, harvests plunge grain prices
MarketsFarm –– Recession fears and harvest pressures weighed down grain prices on the Chicago Board of Trade (CBOT) for the week ended Tuesday and it’s unknown when the selloffs will […] Read more
U.S. grains: Corn, soy futures up off multi-month lows
Chicago wheat settles lower
Chicago | Reuters — Chicago Board of Trade corn and soybean futures rebounded on Wednesday after tumbling to multi-month lows as fears about a global recession fueled liquidation in commodity […] Read more