MarketsFarm — A forecast of sizeable global ending stocks is weighing on values at the Chicago Board of Trade (CBOT), according to Terry Reilly, senior commodity analyst for Futures International […] Read more
CBOT weekly outlook: Global grain stocks exert pressure
Global wheat, corn, soy production expected to increase
MarketsFarm — Global crop production in the latest monthly supply and demand report from the U.S. Department of Agriculture (USDA) is expected to increase for wheat, corn and soybeans. USDA […] Read more
U.S. corn production expected way up in USDA’s May WASDE
MarketsFarm — There will be sharp increases in the United States’ 2020-21 corn production — and especially in ending stocks, according to the latest monthly supply and demand report from […] Read more
Trade estimates vary ahead of StatsCan’s acreage report
MarketsFarm — Opinions are wide-ranging on what Canadian farmers plan to plant in 2020, ahead of Statistics Canada’s first round of acreage estimates, due out Thursday. Prior to lockdown measures […] Read more
ICE weekly outlook: Canola acres could be in flux
MarketsFarm — Canada’s canola acres are generally expected to be higher in the first area report of the year from Statistics Canada, compared to the 20.96 million acres estimated to […] Read more
Global grain production to exceed 2.2 billion tonnes, IGC predicts
MarketsFarm — The International Grain Council (IGC) has revised its latest monthly forecast of global grain production down slightly. The IGC projected global production in 2020-21 to hit 2.218 billion […] Read more
Grains, oilseeds, pulses hold their own amid pandemic
MarketsFarm — Prices for grains, oilseeds and pulses are not as bad off as livestock values are due to the COVID-19 pandemic, according to Neil Townsend, chief market analyst for […] Read more
Prairie cash wheat: Most bids see increases
MarketsFarm — Wheat bids in Western Canada were mostly higher for the week ended Thursday. Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats improved and Canada […] Read more
Pulse weekly outlook: Manitoba pea plant construction continues
MarketsFarm — Work continues on Roquette’s pea processing plant at Portage la Prairie, Man., where the French plant-protein firm says measures have been taken to meet health and safety regulations […] Read more
CBOT weekly outlook: Crude volatility holds down corn, soy
MarketsFarm — Hit by an unprecedented crash in North American crude oil prices, particularly this week, corn and soybeans have struggled at the Chicago Board of Trade, according to Terry […] Read more