Chicago | Reuters — Chicago wheat and corn futures dipped on Thursday on technical trading after surging to June highs this week. Wheat had climbed to a 3-1/2-month peak as […] Read more
Tag Archives grain markets
U.S. grains: Grains, soybeans ease after rallies on weather and Middle East instability
China to grow more corn in 2024/25
Corn production in China is expected to increase to 293 million tonnes in 2024/25, said a report from the United States Department of Agriculture attache in Beijing, with improved yields overriding a slight reduction in harvested area.
Fund traders add to bearish bets in canola
Managed money fund traders added to their large net short position in canola in early September, while profit-taking saw a reduction in the bearish bets for soybeans and corn in Chicago, according to the latest Commitments of Traders report.
Record soybean crop expected for Ontario
Ontario farmers are expected to harvest 4.3 million tonnes of soybeans this fall, according to latest StatsCan survey
According to Statistics Canada, Ontario farmers are expected to harvest 4.3 million tonnes of soybeans this fall. This compares to last year's crop size of four million tonnes and the five-year average of 3.9 million tonnes. StatCan made an upward adjustment to the planted area, while yield was estimated at 51.1 bu./ac., the third highest on record.
Prairie Wheat Weekly: Most Western Canadian wheat bids rise
Western Canadian wheat bids were mostly higher during the week ended Sept. 5, following the lead of United States wheat futures. The U.S. Department of Agriculture reported the country’s spring […] Read more
Feed Weekly: More grain to enter feed markets
Feed barley and feed wheat are in no short supply on the Prairies, according to Jim Beusekom, president of Market Place Commodities in Lethbridge, Alta. He has recently seen light […] Read more
ICE Weekly: Canola market suddenly in a very bad position
China caused a great deal of turmoil in the canola market on Sept. 3, leading prices to tumble on the Intercontinental Exchange. To senior market analyst Mike Jubinville of MarketsFarm, […] Read more
CBOT Weekly: Soybeans, corn off lows, sideways trade likely through harvest
Soybean, corn and wheat futures in the United States were all showing modest strength in early September, recovering off their August lows as speculators bought back previously sold positions. “We’re […] Read more
Australian crop production estimates rising: ABARES
Australian wheat and barley production in 2024/25 is expected to be larger than earlier estimates and well above what was grown the previous crop year, according to updated estimates from […] Read more
Pulse Weekly: Australian chickpea crop sees major expansion
Australia will see its largest chickpea crop in nearly a decade, according to winter crop production estimates released by the Australian Bureau of Agricultural and Resource Economics (ABARES) on Sept. […] Read more
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