Ukraine has completed the 2024 wheat harvest, threshing 21.7 million metric tons of wheat from about 4.8 million hectares, the agriculture ministry said on Friday.
Chicago Mercantile Exchange (CME) live and feeder cattle futures eased on Thursday, as generally quiet cash market and a strengthening U.S. dollar left cattle futures in a range-bound trade, traders said.
Chicago Board of Trade wheat futures ended lower on Thursday as cheap Black Sea exports kept weighing on the market, which had risen overnight on a rally sparked by a Russian attack on Ukrainian port infrastructure.
Pasture conditions in much of Saskatchewan were diminishing due to the hot and dry conditions. While sporadic rainfall in north and east parts of the province will benefit later seeded crops as they mature, but came too late for early seeded crops.
An ongoing lack of demand has forced feed grain prices to drop back recently, according to Darcy Haley, vice-president of AgValue Brokers in Lethbridge.
With rain forecast for most of the United States Corn Belt, the prospects for larger than expected soybean and corn crops is pretty much certain, according to broker Scott Capinegro of AgMarket Inc. in Chicago.
Chicago soybean futures lost more ground on Tuesday, setting another four-year low a day after U.S. Department of Agriculture data reinforced the prospect of a bumper U.S. harvest.
The harvesting of fall cereals was well underway in Manitoba, according to the province’s latest crop report released on Aug. 13. Manitoba Agriculture said 39 per cent of the fall rye and 17 per cent of the winter wheat had been combined.
Chicago | Reuters – Chicago soybeans took a nosedive on Monday to their lowest level since September 2020 as the U.S. Department of Agriculture released data showing a record production forecast for […] Read more