Forecasts for a smaller Russian wheat harvest due to persistent drought and frost pushed prices to a 10-month high of $7.20 a bushel this week. But by Friday, traders were less concerned about how much relief the well-timed rains might give the country's crop, analysts said.
Tag Archives Corn — page 28
U.S. grains: Wheat, corn futures end week lower with Russian crop in focus
Field conditions in Ontario seen as ‘frustrating’
OMAFRA Field Crop Report for the week of May 30
It continues to be a frustrating spring for field conditions through much of the province. Frequent precipitation has continued to cause delays in tillage, planting, and spraying in some areas, and weather earlier this week has shut down field work once again in many areas. However, with 3–5-day windows of good weather, many producers have […] Read more
U.S. grains: Wheat slips further from highs as Russia rain awaited
Chicago wheat futures turned lower for a second straight session on Thursday, falling from 10-month highs, as traders assessed whether rain forecast in parts of Russia would halt a rapid decline in harvest estimates for the world's top exporter.
U.S. grains: Wheat loses steam after rally as traders eye Russian weather
Chicago wheat futures edged down on Wednesday as investors took profits after the recent rally and questions remained about whether forecasts for rain in Russia would stem a decline in harvest prospects in the world's biggest exporter.
U.S. grains: Wheat hits 10-month high on reduced Russian crop outlook
Chicago benchmark wheat futures rose on Tuesday, supported by reduced harvest projections in Russia, Wv1 hitting a 10-month high before paring gains.
Latest USDA report bullish for corn
Lower than expected yields could occur due to late planting, insect pressure
Ontario corn and soybean planting progress is running seven to 14 days behind normal. A later planting period generally results in lower yields. Winter wheat is rated 70 per cent good to excellent. Quick lookSoybeans:U.S. planting progress is lagging the five-year average, resulting in lower yield forecasts. Brazil continues to dominate the world market for soybeans […] Read more
U.S. grains: Wheat rises 7 per cent this week on Russia crop worries
Chicago Board of Trade wheat futures closed nearly flat on Friday but rose seven per cent for the week as concerns grew over crop losses in Russia and other exporting countries.
U.S. grains: Wheat ends up on Black Sea crop worries, but rally seen losing steam
Chicago Board of Trade wheat futures extended gains on Thursday after reaching a 10-month peak a day earlier, as lingering dryness and worries over the Black Sea crop continued to underpin the market.
CBOT Weekly: Spring wheat poised for good conditions
Planting of the spring wheat in the United States continues to be off to an excellent start, according to Tom Lilja of Progressive Ag in Fargo. Meanwhile, the heavy rains that fell as of May 21 are very likely to lead to less corn being seeded with U.S. farmers switching to soybeans.
U.S. grains: Wheat sets 10-month high on deteriorating Russian harvest prospects
Chicago Board of Trade wheat futures climbed to a 10-month peak on Wednesday as worries grew about deteriorating harvest prospects in top exporter Russia, before the market turned lower.
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