Chicago | Reuters — Chicago corn, wheat and soybean futures fell for a second day on Tuesday, pressured by rainfall across parts of the U.S. Midwest, as well as economic uncertainty in China and grain shipments from war-torn Ukraine. The most-active soybean contract on the Chicago Board of Trade (CBOT) fell 31-1/4 cents to $13.81 […] Read more
Tag Archives crop conditions — page 12
U.S. grains: Grains fall on weather, Ukrainian exports
Concerns over Chinese economic growth weigh on soybeans, corn
U.S. grains: Chicago soy futures bounce back after USDA forecasts
Corn crop forecast to be smaller than expected due to weather
Chicago | Reuters — Chicago soybean futures turned higher on Friday, as traders questioned a surprisingly large record-crop forecast and focused instead on August weather as recent hot and dry days threaten key U.S. growing areas. Soybean futures slid sharply after the U.S. Agriculture Department on Friday forecast U.S. soy farmers would glean a record […] Read more
U.S. grains: Chicago grains firm on yield uncertainty ahead of USDA report
Grains also underpinned by U.S. dollar fall after inflation data
Chicago | Reuters — Chicago wheat and soybean futures closed higher on Thursday as a weaker U.S. dollar lent support to dollar-priced commodities and traders squared up their positions ahead of a key government report. Meanwhile, corn futures firmed, supported by concerns about hot and dry weather stressing the U.S. Midwest crop through its final […] Read more
Feed weekly outlook: Prices lower despite mixed growing conditions
MarketsFarm — While not as widespread as last year’s historic drought, some parts of Alberta are still struggling with hot and dry conditions. Suzanne Leclerc, owner of Market Master Ltd. in Edmonton, said growing conditions for feed grains across the province are varied. “As usual for the last couple of years, such a mixed review,” […] Read more
ICE weekly outlook: Late canola crop hinges on weather
MarketsFarm — The ICE Futures canola market held within a narrow range during the week ended Wednesday, with weather conditions heading into harvest likely to dictate the eventual price direction over the next few weeks. “The key right now is the late state of the crop,” said Errol Anderson of ProMarket Communications in Calgary, noting […] Read more
U.S. grains: Corn, soybeans gain as U.S. crop ratings decline
Restart of Ukraine sea exports anchors wheat
Chicago | Reuters — U.S. corn and soybean futures climbed to their highest in more than a week on Tuesday on lower weekly U.S. crop condition ratings and worries that hot, dry weather in the western Midwest forecast would continue to stress crops. Wheat was also firmer as the dollar softened, although gains were limited […] Read more
Saskatchewan crops advancing quickly
MarketsFarm — Hot and humid conditions saw crops in Saskatchewan advance quickly during the week ended Monday, according to the latest provincial crop report — although the humidity has slowed haying. When humidity is high, cutting hay becomes more challenging and hay that is cut does not dry down as quickly, which can result in […] Read more
Good ratings seen for Manitoba’s spring wheat, canola
MarketsFarm — Crops in Manitoba remain in good shape, according to the latest weekly report from the province’s agriculture ministry. In particular, Manitoba Agriculture and Resource Development (MARD) found spring wheat across the province rated 85 per cent good to excellent — but with crops not doing as well in the province’s Interlake region. While […] Read more
U.S. grains: Corn, soybeans end lower on crop prospects
Wheat down on cancelled export tender
Chicago | Reuters — U.S. corn futures fell more than two per cent on Tuesday and soybeans also declined on optimism for sizable U.S. crops and some forecasts for rain next week, despite pockets of stress from hot and dry conditions, traders said. Wheat futures finished lower after a choppy session, declining after Egypt’s state […] Read more
Pulse weekly outlook: Manitoba’s crops in ‘better situation’ than last year
Lost acreage still a question mark
MarketsFarm — Despite varied amounts of rainfall across the southern half of Manitoba over the past few weeks, pulses are faring quite well according to the province’s pulse specialist. Dennis Lange, who’s based at Altona, said while peas in fields with excessive moisture are struggling, those grown in adequate moisture and lighter soils are in […] Read more
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