1.
Wheat
Cigi, Cereals Canada vote to close merger deal
Merged body to take latter group's name; next step, naming a CEO
The proposed merger between Cigi and Cereals Canada has taken one of its final steps forward, with votes of approval from both organizations’ memberships. The two Winnipeg-based not-for-profit organizations announced […] Read more
U.S. grains: Soybeans drop as livestock markets drag soymeal lower
Wheat eases on global supply; corn unfazed by crude oil deal
Chicago | Reuters — Chicago soybean futures fell more than one per cent on Monday in the market’s steepest drop in 1-1/2 weeks, as livestock processing plant closures that impact […] Read more
Mild winter temperatures were kind to winter wheat
Wheat survivability is high, but disease will pose a risk, especially stripe rust
Mild winter temperatures in Ontario have resulted in a healthy looking winter wheat crop but stripe rust poses a risk.. Why it matters: Last spring, many winter wheat acres were […] Read more
U.S. grains: Soybeans, wheat climb on currency
Corn rises and falls with oil
Chicago | Reuters — Chicago soybean and wheat futures on Thursday posted their biggest gains in two weeks, as a falling U.S. dollar made exports more attractive against South American […] Read more
Prairie cash wheat: Bids mostly stronger
MarketsFarm — Wheat bids in Western Canada were mostly stronger during the week ended Thursday, with gains observed in CWRS and CPSR wheats, while durum saw small losses. Average CWRS […] Read more
USDA raises corn, soy, wheat supply outlook
Ending stocks expected up on slowing export demand
Chicago | Reuters — The U.S. Agriculture Department raised its outlook for domestic supplies of corn on Thursday on expectations for reduced usage by ethanol producers, as demand for the […] Read more
U.S. grains: Corn slumps as ethanol production hits decade low
Improved U.S. wheat crop ratings raise expectations of bumper supplies
Chicago | Reuters — Chicago corn futures slumped on Wednesday, giving up part of the previous session’s gains, as the U.S. government reported the U.S. ethanol industry saw a near-decade […] Read more
U.S. grains: Corn rally sputters, wheat slides on growing conditions
Soybeans up, eyes on South American crop
Chicago | Reuters — A rally in Chicago corn futures on Tuesday that was buoyed by a run-up in the energy market sputtered by day’s end as crude oil prices […] Read more
Commodity markets in uncharted risk territory due to COVID-19 concerns
Lower Canadian dollar has kept soybean and wheat prices up
World grain and oilseed markets are digesting logistical and fundamental changes due to the COVID-19 pandemic and historically low crude oil values. The risk environment is unprecedented; commodity merchants are […] Read more
Kraft Heinz cuts output at three plants, adds mac and cheese shifts
Sao Paulo | Reuters — Kraft Heinz said Friday it has moved to significantly reduce production at three plants providing restaurant supplies amid the COVID-19 coronavirus outbreak, but its CEO […] Read more