MarketsFarm — Despite the usual harvest pressures, western Canadian wheat bids jumped during the week ended Thursday, largely due to geopolitical and macroeconomic factors. The U.S. Federal Reserve on Wednesday […] Read more
Tag Archives igc
Prairie cash wheat: External factors raise bids
U.S. wheat futures gain on the week
Global wheat production rises, corn drops
IGC sees only slight changes in soy crop
MarketsFarm — The International Grains Council (IGC) in London raised its estimate of total world grain production for 2022-23 from its August report, with most of the increases coming in […] Read more
U.S. grains: Wheat reaches two-month high on Ukraine worries
Corn firm, soy eases
Chicago | Reuters — U.S. wheat futures set fresh two-month highs on Thursday, buoyed by risks of a deepening conflict in Ukraine and dry weather in crop areas of Argentina […] Read more
Global production declines expected for wheat, corn
IGC expects world soybean output to increase
MarketsFarm — In its May supply and demand report, the International Grain Council (IGC) has forecast lower global production of wheat and corn in 2022-23, while soybeans are expected to […] Read more
IGC tweaks old-crop numbers, makes bigger changes in new-crop
MarketsFarm — There were a few tweaks to the old-crop data in the April supply/demand report from the International Grains Council (IGC) on Thursday — but somewhat more significant numbers […] Read more
U.S. grains: Corn, wheat retreat from recent highs
Soybean futures edge higher
Chicago | Reuters — U.S. corn futures fell on Thursday on disappointing weekly U.S. export sales data and a round of profit-taking after multi-year highs set this week, analysts said. […] Read more
World soybean output, stocks estimates chopped
MarketsFarm — Downward revisions to soybean numbers stand out the most in February’s grain market report from the International Grains Council (IGC). Otherwise, the monthly estimates have minor alterations. The […] Read more
Grains council tweaks numbers in latest supply and demand data
MarketsFarm — The International Grains Council (IGC) released its monthly supply and demand report Thursday, projecting a six million-tonne increase in total global grain production at 2.289 billion tonnes in […] Read more
IGC expects larger world grain crop but tighter stocks
MarketsFarm — World grain production is forecast to hit a new record in 2021-22, but increasing demand should still cause ending stocks to tighten to their lowest level in seven […] Read more
CBOT weekly outlook: Look for May USDA report to be bullish
New WASDE will include first projections for 2021-22
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
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