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Wheat


CBOT July 2020 corn with 20- and 50-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn drops to three-week low

Soybeans ease despite crop rating fall as China news weighed

By Karl Plume June 23, 2020
Chicago | Reuters — U.S. corn futures fell for a second straight session on Tuesday and touched a three-week low on an unexpected rise in government crop condition ratings and […] Read more

CBOT July 2020 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Corn falls on good crop weather

Chinese demand for U.S. farm products underpinning markets

By Karl Plume June 22, 2020
Chicago | Reuters — U.S. corn futures declined for the first time in four sessions on Monday as warm weather and scattered rains across a large swath of the Midwest […] Read more

There was a $1.7 billion increase in licensed cannabis producer receipts during the first full year of legalized recreational marijuana use.
News

Cannabis carries farm growth in otherwise average year

Crop receipts declined 1.1 per cent without cannabis numbers included

By D.C. Fraser June 22, 2020
Glacier FarmMedia – New data from Statistics Canada shows farm cash receipts continue to trend upward, increasing in 2019 by 5.7 per cent or $66.1 billion to mark the ninth […] Read more

(Dave Bedard photo)
Crops, Markets

Fund short position edging down in canola

By Phil Franz-Warkentin June 20, 2020
MarketsFarm — The managed money net short position in canola saw a slight reduction in mid-June, as speculators covered short positions in the market, according to the latest commitment of […] Read more

CBOT July 2020 soybeans with 20- and 50-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans climb as China trade talks progress

July wheat down over four per cent on week

By Christopher Walljasper June 19, 2020
Chicago | Reuters — Chicago soybean futures gained on Friday as U.S. trade talks with China continued, invigorating hopes the top soybean importer would reach earlier export estimates. Wheat fell […] Read more


(Country Guide file photo)
Crops, Markets

Prairie cash wheat: Most bids see gains on the week

By Glen Hallick June 19, 2020
MarketsFarm — Wheat bids in Western Canada were mostly higher for the week ended Thursday. Canada Western Red Spring (CWRS) wheat made the strongest gains, as Canada Prairie Spring Red […] Read more

CBOT July 2020 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Wheat slips on bumper harvest, soy up on exports

Corn inches up on technical trading, weather questions

By P.J. Huffstutter June 18, 2020
Chicago | Reuters — Chicago wheat futures slid again on Thursday, dropping to their lowest in more than eight months amid a bumper U.S. harvest and well-timed European rains. Soybeans […] Read more

Barley. (Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Lower stocks support grain prices

Corn still 'competitively' priced

By MarketsFarm Team June 18, 2020
MarketsFarm — Feed grain prices in Western Canada have been strong lately, as old-crop supplies reach seasonal lows. “We’re getting to the bottom of old-crop stocks,” said Allen Pirness of […] Read more


(File photo by Dave Bedard)
Crops, Markets

Grain exports flow fast as pandemic lockdowns clear rail capacity

Traffic accelerates on lower coal, crude volumes

By Rod Nickel June 18, 2020
Winnipeg | Reuters — Canadian grain exporters are boosting sales in a slumping global economy, as demand for commodities like oil weakens and frees up railway space. Brisk crop movement […] Read more

MGEX September 2020 spring wheat (candlesticks) and Kansas City (K.C.) September 2020 hard red winter wheat (yellow line). (Barchart)
Crops, Markets

CBOT weekly outlook: Spring wheat premium widening over winter wheat

Row crop futures stuck in sideways range

By Phil Franz-Warkentin June 17, 2020
MarketsFarm — All eyes remain on weather conditions in U.S. grain and oilseed markets, with soybeans and corn stuck in sideways patterns while seasonal harvest pressure causes the spring wheat […] Read more

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