MarketsFarm — Chinese sales of corn and a recent run of good weather in the U.S. are affecting futures on the Chicago Board of Trade (CBOT) Wednesday, according to a […] Read more
Tag Archives new-crop

CBOT weekly outlook: Crop futures in all directions

ICE weekly outlook: Profit-taking to pressure canola
Market appearing overdone
MarketsFarm — ICE Futures canola contracts climbed to record highs during the week ended Wednesday as concerns over tightening old-crop supplies provided support. However, the market was looking overdone to […] Read more

U.S. grains: Soybeans rise as USDA projects tight supplies into 2022
Wheat slumps on profit taking, nearby corn also slips
Chicago | Reuters — U.S. soybean futures firmed on Friday after the U.S. Department of Agriculture (USDA) forecast domestic supplies of the oilseed would remain historically tight into 2022 despite […] Read more

China’s appetite for feed barley sucks in new crop from Canada, France
Tariff on Australian barley favours other suppliers
Paris | Reuters — China’s buying spree of French and Canadian barley is spilling into the 2021-22 crop with large forward purchases, due to its major feed grain needs and […] Read more

ICE weekly outlook: Canola entering uncharted waters
MarketsFarm — ICE Futures canola contracts climbed sharply higher in the front months during the week ended Wednesday, hitting their highest levels since 2008. The March contract settled Wednesday at […] Read more

Feed weekly outlook: Offshore demand still lifting Prairie barley
MarketsFarm — Solid offshore demand for Canadian barley remains the key driver in the domestic feed market, keeping prices high. “It’s certainly not driven by southern Alberta, it’s driven by […] Read more

Feed weekly outlook: Barley finds support in lull between old, new crops
MarketsFarm — Feed barley bids in Western Canada are seeing some modest strength in early September, as old-crop supplies run out and the new crop is not yet available. “Prices […] Read more

StatsCan stocks report shows lower lentils, durum, canola
Lentil supply picture 'extremely tight'
MarketsFarm — Statistics Canada’s stocks of principal field crops report detailed tight ending stocks for lentils durum and canola. As of July 31, lentil stocks totalled just 61,000 tonnes, down […] Read more

Feed weekly outlook: Grain prices soften into fall
MarketsFarm — Old-crop feed grain prices are converging with new-crop and coming under some seasonal pressure. “As we get closer to new crop, we’ve been seeing the switch to new-crop […] Read more

Pea crops strong, but prices falter
MarketsFarm — Pea crops across the Prairies are expected to be in good condition ahead of the harvest. “As we go along with the sunshine and heat, the pulses are […] Read more