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CBOT May 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Ukrainian export woes support markets

U.S. winter wheat 30 per cent good-excellent

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Chicago | Reuters — U.S. wheat, soybean and corn climbed on Monday, underpinned by disrupted supplies of Black Sea grains as the conflict in Ukraine continues, while attention shifts to U.S. production. Chicago Board of Trade most-active wheat ended 25-3/4 cents higher at $10.10-1/4 a bushel (all figures US$). Soybeans added 19-1/2 cents to $16.02-1/4 […] Read more
CBOT May 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soy extends slide, corn mixed

CBOT wheat continues lower

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Chicago | Reuters — U.S. soybean futures fell for a second session on Friday, with the spot May contract dropping below US$16 a bushel for the first time in a month after the U.S. Department of Agriculture forecast record soy acreage in that country. Corn futures ended mixed. The front May contract on the Chicago […] Read more
(Qingwa/iStock/Getty Images)
Crops, Markets

Soybeans to gain, corn to lose U.S. acres, USDA report predicts

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MarketsFarm — More soybean acres are projected to be seeded in the United States this year, while fewer corn acres will be planted according to a report that has surprised analysts. The U.S. Department of Agriculture (USDA) released its survey-based Prospective Plantings report on Thursday and the projected acreage numbers for two of the country’s […] Read more
CBOT May 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Wheat, corn bounce as Ukraine conflict persists

USDA acres, stocks data awaited

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Chicago | Reuters — U.S. wheat futures rose on Wednesday along with corn and soybeans on renewed concerns about the Ukraine war that has disrupted grain shipments from the Black Sea region, analysts said. However, trade was muted somewhat as brokers awaited U.S. plantings and quarterly stocks figures due out on Thursday from the U.S. […] Read more
(Bondarillia/iStock/Getty Images)
Crops, Markets

Pulse weekly outlook: Market uncertainty all around

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MarketsFarm — As Russia’s invasion of Ukraine continue to swing markets up and down, typical issues and other external factors have amplified volatility in the pulse markets, according to one trader. David Newman, owner of Commodius Trading at North Saanich, B.C., explained that while the conflict in Eastern Europe is affecting markets everywhere, the usual […] Read more
(GZKele/iStock/Getty Images)
Crops

Ukraine sunseed area seen falling due to war

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Lviv | Reuters — The area sown to sunflower in Ukraine is likely to fall to 4.81 million hectares (11.89 million acres) in 2022 from 6.66 million hectares in 2021 due to hostilities in many regions, the agriculture ministry said on Friday. Ukraine is the world’s largest sunflower seed grower and sunflower oil exporter. The […] Read more
Green lentils. (Alexey Shipilov/iStock/Getty Images)
Crops, Markets

Pulse weekly outlook: Lentil prices expected to hold

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MarketsFarm — Prices for green and red lentils are very likely to remain relatively steady, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. “Inventories are relatively low and there are not a lot of people to go to for green lentils in Canada,” she said. “From a buyer’s point of view, they’re […] Read more
(Dave Bedard photo)
Crops, Markets

AAFC warns of uncertainty in latest crop outlook

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MarketsFarm — The supply/demand balance sheets for Canada’s major crops were largely left unchanged in the latest outlook Friday from Agriculture and Agri-Food Canada. While the March report only saw minor revisions, the government agency cautioned that “the economic outlook, for the world and Canadian grain markets, is particularly uncertain due to the Russian invasion […] Read more
Fall rye flowering in south-central Manitoba. (Allan Dawson photo)
Crops

Rye in strong position going into 2022

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MarketsFarm — Last summer’s drought sharply reduced yields of many crops across the Prairies, leaving multiple supply challenges and rising prices in the aftermath. Western Canadian rye, however, was largely left unscathed, which may bode well for the crop heading into 2022. Rye production came in at 473,000 tonnes for 2021-22, according to Statistics Canada […] Read more

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