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Tag Archives australia


CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybeans sink on South American rains, slowing demand

Wheat pressured by bumper crops in Australia, Canada

By Karl Plume December 8, 2020
Chicago | Reuters — U.S. soybean futures fell for a third straight session on Tuesday on slowing export demand and as forecasts for more rain in South American crop areas […] Read more

CBOT March 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat posts weekly dip as supply worries ease

Corn, soy futures also lower

By Julie Ingwersen December 5, 2020
Chicago | Reuters — U.S. wheat futures fell more than one per cent on Friday and recorded a weekly loss as expectations for bumper wheat harvests in Australia and Canada […] Read more

CBOT March 2021 wheat (candlesticks) with MGEX (green line) and K.C. (orange line) March 2021 wheat. (Barchart)
Crops, Markets

U.S. grains: Wheat futures hit two-month low

Soybean, corn futures also decline

By Julie Ingwersen December 1, 2020
Chicago | Reuters — Chicago wheat futures hit a two-month low on Tuesday, pressured by improving U.S. winter wheat crop ratings, strong export competition and rising estimates of Australia’s harvest, […] Read more

CBOT March 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat slides on Russian export prospects

Soybean, corn futures also dip

By Julie Ingwersen December 1, 2020
Chicago | Reuters — U.S. wheat futures fell more than three per cent on Monday on prospects that Russia, the world’s top supplier of the food grain, may raise its […] Read more

Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)
Crops, Markets

Barley trade routes redrawn as China tariff hits Australian farmers

China's barley purchases from Canada more than double last year's

By Gus Trompiz, Jonathan Barrett November 17, 2020
Sydney/Paris | Reuters — Out in Australia’s grain fields, farmers have started harvesting one of their biggest-ever barley crops, after drought-relieving rains convinced many to plant to the edges of […] Read more


(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Prairie grain market steady, for now

By Phil Franz-Warkentin November 6, 2020
MarketsFarm — The feed grain market in Western Canada remains firm for the time being, but the uncertainty of outside influences makes it difficult to predict where values will go […] Read more

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Crops, Markets

China rejects Australia’s appeal to remove barley tariff

By Colin Packham November 2, 2020
Sydney | Reuters — China has rejected Australia’s appeal to scrap a tariff on its barley exports, two sources familiar with the matter told Reuters, all but closing the door […] Read more

(File photo)
Crops, Markets

Feed weekly outlook: Barley finds support in lull between old, new crops

By Phil Franz-Warkentin September 10, 2020
MarketsFarm — Feed barley bids in Western Canada are seeing some modest strength in early September, as old-crop supplies run out and the new crop is not yet available. “Prices […] Read more


CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans extend rally on Chinese demand

Wheat down as Australia lifts harvest forecast

By Julie Ingwersen September 9, 2020
Chicago | Reuters — U.S. soybean futures rose on Tuesday to notch an 11th-straight higher daily close, supported by a mix of chart-based buying, continued demand from top global buyer […] Read more

Barley. (Photo courtesy Canada Beef Inc.)
Crops, Markets

China ban turns Australian barley growers toward domestic market

Growers may shift to alternative crops next season

By Colin Packham September 3, 2020
Sydney | Reuters — Australian farmers will be forced to sell their barley supplies to the domestic livestock industry or cheaper international markets after China effectively banned imports from Australia, […] Read more

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