MarketsFarm — While traders and analysts continue to keep an eye on weather conditions, their collective focus will momentarily shift on Friday when the U.S. Department of Agriculture (USDA) releases […] Read more
Crops

CBOT weekly outlook: Traders, analysts anticipate WASDE report
El Nino also worth watching longer-term

Black Sea grain deal could be extended two months, Turkish minister says
Inspections of outbound vessels have resumed
Istanbul | Reuters — Turkish Foreign Minister Mevlut Cavusoglu said Wednesday he thought the Ukraine Black Sea grain deal could be extended for at least two more months, as officials […] Read more

U.S. grains: Corn futures firm; wheat, soybeans lower
Black Sea deal concerns supportive for wheat
Chicago | Reuters — U.S. corn futures rose on Wednesday, their fifth day of gains in the last six sessions, on signs of strength in the cash market, traders said. […] Read more

ICE weekly outlook: Canola showing independent strength
Prairie weather uncertainty supportive
MarketsFarm — ICE Futures’ canola market saw some independent strength relative to other oilseeds during the week ended Wednesday, as speculative positioning and the need to ration tight old-crop supplies […] Read more

Latest StatCan stocks report ‘least important of them all’
Wheat, canola numbers not expected to have significant impact on markets
MarketsFarm — For MarketsFarm Pro analyst Mike Jubinville, there was little in the latest Statistics Canada (StatCan) grain stocks report that would budge the markets. “When I look at the […] Read more

Pulse weekly outlook: StatCan report likely won’t affect prices
Canada 'not the market maker' on peas, lentils
MarketsFarm — Statistics Canada (StatCan) on Tuesday released its report on grain stocks at March 31, with MarketsFarm Pro analyst Mike Jubinville suggesting there’s not much to the report. “It’s […] Read more

U.S. grains: CBOT corn, soy, wheat fall on bearish weather
U.S. soy planting seen at near-record pace
Chicago | Reuters — Chicago Board of Trade corn and soybean futures dropped on Tuesday, under pressure from a fast pace of planting across key production areas of the U.S. […] Read more

Canada will not be intimidated by China retaliation, Trudeau says
China seen as 'more sensitive about food security' now, CAPI says
Ottawa | Reuters — Prime Minister Justin Trudeau on Tuesday said Canada will not be intimidated by China following tit-for-tat diplomatic expulsions by Ottawa and Beijing. Ottawa expelled Chinese diplomat […] Read more

Confusion remains about soil health
Producers get mixed messages on what they should do to improve
Soil health is a catch-phrase that has dominated the agri-food landscape for at least five years, but what does it mean? The term has been adopted, re-imagined and co-opted by […] Read more

Canola fund short position grows
Funds also net short in U.S. wheats
MarketsFarm — The managed money net short position in canola grew in early May as fund traders were busy liquidating long positions and moving more money to the short side […] Read more