Crops
MarketsFarm — Feed grain prices in Western Canada are showing the usual seasonal weakness as spring seeding continues, but prices are set to fall further. “I think as we get […] Read more
Crops
Feed weekly outlook: Rain falls, grain prices to follow
U.S. corn values expected to decline
ICE weekly outlook: Don’t bank on $700 canola, analyst suggests
Fresh bullish news not yet in view
MarketsFarm — New-crop canola prices on ICE Futures seemed to be destined to remain well below $700 per tonne, according to analyst Errol Anderson of ProMarket Communications in Calgary. “The […] Read more
Pulse weekly outlook: Better growing conditions despite dryness, smoke
Continued smoky skies could slow crop development
MarketsFarm — While dry conditions persist across the Prairies, the current situation for pulses is not as bad as during the two previous springs, according to Pulse Canada’s director of […] Read more
CBOT weekly outlook: Chicago soy, corn find chart support
Pre-Memorial Day positioning expected
MarketsFarm — Soybean and corn futures at the Chicago Board of Trade were testing lows in mid-May but appeared to have found some support for the time being. “We’re getting […] Read more
AAFC projecting canola ending stocks to tighten
New-crop wheat ending stocks figure boosted
MarketsFarm — Canadian canola ending stocks in both the current marketing year and upcoming 2023-24 season will be tighter than earlier estimates, according to supply/demand projections from Agriculture and Agri-Food […] Read more
U.S. grains: Profit-taking pressures wheat futures
CBOT corn firm, soy mixed
Chicago | Reuters — U.S. wheat futures fell on Wednesday on a round of profit-taking as traders said the market lacked fundamental inputs to drive prices higher a day after […] Read more
FCC offers new credit line against ‘current economic environment’
Ag lender to waive loan processing fees
Farm Credit Canada’s recent outreach to specific agrifood sectors hit by unusual environmental conditions has now extended to those hit by the broader “economic environment.” The federal ag lender on […] Read more
Speculative short position declines in canola
Traders' net long in CBOT soy also reduced
MarketsFarm — The speculative short position in canola continued to shrink during the week ended May 15, as speculators bought back short positions and put on new longs, according to […] Read more
Russia preventing Black Sea grain deal port from operating, Ukraine says
Black Sea Grain Initiative was extended last week
Kyiv | Reuters — The Ukrainian port of Pivdennyi has halted operations because Russia is not allowing ships to enter it, in effect cutting it out of a deal allowing […] Read more
U.S. grains: Wheat up off two-year low, pulls corn higher
Soybeans down on profit-taking
Chicago | Reuters — U.S. wheat futures rose 2.6 per cent on Tuesday, bouncing from their lowest in more than two years, on concerns that Ukraine’s exports were being restricted […] Read more
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