Chicago | Reuters — U.S. soybean futures rose 2.1 per cent on Friday, climbing back above US$15 a bushel for the first time since mid-March after the U.S. Department of Agriculture’s forecast for 2023 plantings and its March 1 soy stockpiles estimate both came in at the low end of trade expectations. Corn futures ended […] Read more
Tag Archives prices — page 59
U.S. grains: Soybeans climb on supportive USDA data
Corn mixed; May wheat unchanged on day
Ford hikes electric F-150’s price again to battle high costs
Reuters — Ford Motor Co. has raised the base price of its popular F-150 Lightning electric pickup truck again, the automaker’s website showed on Thursday, the latest in a series of price hikes aimed at offsetting high costs. The base variant of Ford’s electric F-150 truck now starts at $59,974, excluding shipping and taxes, up […] Read more
Feed weekly outlook: Prices continue to soften as April approaches
Seeding start in Alberta remains a question mark
MarketsFarm — Corn is still moving into feedlots in southern Alberta as it approaches not only the end of its contracts, but also the end of winter. “We’ve been seeing here in Lethbridge prices at $395-$400 per tonne ($10.03-$10.16 per bushel),” said Erin Harakal, trade manager at Agfinity Inc. at Stony Plain, Alta. “It seems […] Read more
U.S. grains: Wheat down off Wednesday’s one-month high
USDA stocks, prospective plantings reports due out Friday
Chicago | Reuters — U.S. wheat futures fell on Thursday on profit-taking after one-month highs a day earlier and reminders of strong competition for global export business, analysts said. Nearby corn and soybean futures drifted lower as traders squared positions ahead of key U.S. plantings and stocks reports due on Friday. Chicago Board of Trade […] Read more
ICE weekly outlook: Not a matter of when, but where canola peaks
Prevailing trend remains downward
MarketsFarm — As the rally in canola on ICE Futures continued Wednesday, an analyst stressed it’s not when this upswing ends, but where. David Derwin of PI Financial in Winnipeg spoke of when canola prices were falling, and they broke through that psychological barrier of $800 per tonne on their way down. “That was the […] Read more
U.S. grains: Wheat up on Cargill’s Russia decision
Corn firm ahead of U.S. planting report; soy up on Argentina concerns
Reuters — Chicago wheat futures rallied and closed higher on Wednesday, after global grain trader Cargill said it would take a further step back from the Russian market by no longer handling the top wheat supplier’s grain at its export terminal from July. Cargill’s shipping unit will continue to carry grain from the country’s ports, […] Read more
U.S. grains: Soybeans, wheat gain on planting doubts
CBOT corn steadies
Reuters — U.S. wheat and soybean futures closed higher on Tuesday and corn closed nearly flat as traders had doubts about planting delays and adverse weather with an eye toward a key U.S. crop seedings report at the end of the week. Traders squared positions as they looked ahead to Friday’s annual U.S. Agriculture Department […] Read more
U.S. grains: Chicago grains up on U.S. planting uncertainty
Hard wheats 'leading the way'
Mexico City | Reuters — Chicago corn futures reversed losses to close higher on Monday on concerns about U.S. planting delays, and wheat and soy also made gains. Corn made its comeback later in the session as traders speculated on weather conditions and planting schedules for springtime crops as cold temperatures linger in the northern […] Read more
Feed weekly outlook: Domestic grain prices slipping
Prairie wheat, barley on par with U.S. corn
MarketsFarm – Feed wheat and barley prices in Western Canada have slowly trended lower over the past few months, with prices for both grains now on par with imported corn from the U.S. into Alberta’s key Lethbridge feedlot alley. All three grains are trading at around $410 per tonne into Lethbridge, according to Jim Beusekom, […] Read more
U.S. grains: Chicago corn, wheat reverse gains to close lower
Export sales of wheat, soybeans fall below forecasts
Mexico City | Reuters — Chicago corn futures reversed session gains to close lower Thursday, with the most-active contract hitting its highest price since February on a boost from Chinese demand. Wheat futures also closed lower in rangebound trade after earlier gains, pressured by disappointing export data and inter-market spreading against K.C. wheat futures, traders […] Read more
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