MarketsFarm — With the next supply and demand estimates from the U.S. Department of Agriculture (USDA) a week away, broker Ryan Ettner provided his outlook on the report. “[Soybean] exports […] Read more
Tag Archives exports

CBOT weekly outlook: Look for May USDA report to be bullish
New WASDE will include first projections for 2021-22

Hemp poised for year of gains
Nationwide increase in acres expected
MarketsFarm — The hemp industry in Canada is set for a good year in 2021, according to Canadian Hemp Trade Association (CHTA) CEO Ted Haney. “It looks like we are […] Read more

U.S. grains: Corn, wheat, soy step back after reaching new eight-year highs
Wheat at highest since February 2013 after U.S. crop rating fall
Chicago | Reuters — Chicago corn, wheat and soybean futures ended Tuesday lower after extending a rally to eight-year highs, supported by corn supply worries as adverse weather cast early […] Read more

Grain, oilseed exports at strong pace
MarketsFarm — Canadian grain and oilseed exports continue at a strong pace, with movement of canola, wheat and barley all running well ahead of the year-ago pace. Crop-year-to-date exports of […] Read more

U.S. livestock: Hogs limit-down on profit-taking
Cattle futures continue lower
Chicago | Reuters — U.S. lean hog futures sank by their daily exchange-imposed trading limit on Thursday as profit-taking overwhelmed the market following blistering rallies, analysts said. The setback is […] Read more

U.S. grains: Corn futures retreat from peak above $6
Wheat, soybean futures rise
Chicago | Reuters — U.S. corn futures closed mixed on Thursday, with the most-active contract easing on pressure from commercial hedging after spiking above US$6 a bushel for the first […] Read more

Montreal longshoremen to strike on weekends
Exporters again call for feds to step in
Exporters of Canadian crops and other goods have amped up calls for federal intervention after longshore workers at the Port of Montreal declared a “partial” strike affecting weekend and overtime […] Read more

U.S. livestock: Lean hogs strengthen on strong demand, firm exports
Live cattle down despite beef, cash strength
Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange climbed higher on Thursday as tight supply and firm export demand offered support, analysts said. “A lot […] Read more

Flax area seen expanding on strongest prices ever
MarketsFarm — To MarketsFarm Pro analyst Mike Jubinville, there’s no doubt that flaxseed acres in Canada will increase in 2021. In Agriculture and Agri-Food Canada’s (AAFC) March supply and demand […] Read more

U.S. grains: Wheat lifted on spring planting concerns
Near-term tightness in world supply underpins soy, corn
Chicago | Reuters — Chicago wheat futures gained on Wednesday, following the Minneapolis Grain Exchange’s hard red spring wheat higher on concerns that dryness across the U.S. Great Plains could […] Read more