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Tag Archives usda


Wheat being loaded onto a cargo ship in Vancouver in 2011. (File photo: Reuters/Ben Nelms)
Crops, Markets

U.S. Grains: CBOT wheat futures dip after rally; corn, soybeans also lower

Wheat futures had risen in four of the previous five sessions

By Mark Weinraub July 20, 2023
Chicago | Reuters – Chicago Board of Trade wheat futures dipped on Thursday but remained near recent peaks as a third night of Russian attacks on Ukrainian ports renewed concerns […] Read more

Photo: Thinkstock
Markets

ICE weekly outlook: C$900 per tonne in reach for canola 

Black Sea deal's end, Russian attack on Odesa, pushing all prices up

By Adam Peleshaty July 19, 2023
MarketsFarm – Sporadic rainfall across the Prairies has not been enough to stop canola’s upward momentum during the week ended July 19, while a pair of other factors are fueling […] Read more

(Medioimages/Photodisc/Getty Images)
Markets

U.S. grains: wheat sees biggest jump since aftermath of Russia’s invasion of Ukraine

Soybean futures have risen for five sessions in a row

By Mark Weinraub July 19, 2023
Chicago | Reuters U.S. wheat futures jumped 8.5% on Wednesday, their biggest daily gain since days after Russia’s invasion of Ukraine, as intensification of the war threatened to slow grain […] Read more

CBOT December 2023 corn with Bollinger bands (20,2) and U.S. dollar index (black line). (Barchart)
Crops, Markets

U.S. grains: Corn, soy rally as focus returns to weather, dollar

Wheat traders keep one eye on Black Sea deal

By Julie Ingwersen July 13, 2023
Chicago | Reuters — U.S. corn futures bounced on Thursday on bargain buying after hitting a 2-1/2-year low early in the session while soybeans rose three per cent as traders […] Read more

CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn hits 2-1/2-year low, soybeans tumble over USDA data

WASDE also pressures CBOT wheat

By Julie Ingwersen July 13, 2023
Chicago | Reuters — U.S. corn futures fell to their lowest price since early 2021 on Wednesday after the U.S. Department of Agriculture projected a larger-than-expected domestic crop and rising […] Read more


ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola climbs on weather worries

Demand rationing also seen as supportive

By Phil Franz-Warkentin July 12, 2023
MarketsFarm — The ICE Futures canola market moved steadily higher during the week ended Wednesday, hitting its strongest levels in more than four months as bullish chart signals and production […] Read more

(Christophe Paul photo courtesy USDA)
Crops, Markets

CBOT weekly outlook: Markets react bearishly to WASDE report

Traders were expecting reduced U.S. corn yield

By Adam Peleshaty July 12, 2023
MarketsFarm — The Chicago Board of Trade (CBOT) saw futures come down after the U.S. Department of Agriculture (USDA) released its monthly world agricultural supply and demand estimates (WASDE) on […] Read more

CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn firms on technicals, short-covering

Soybeans retreat; wheat futures consolidate

By Karl Plume July 6, 2023
Chicago | Reuters — U.S. corn futures rose on Thursday on technical buying and short covering following a two-week slide that took prices to 2-1/2 year lows. Soybean futures fell […] Read more


ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola makes huge move

Prairies' dry patches add to upswing

By Glen Hallick July 6, 2023
MarketsFarm — Canola came out of Canada Day continuing to build on gains made going into the holiday, largely due to spillover from the Chicago soy complex. The U.S. Department […] Read more

(iStock photo)
Crops, Markets

Pulse weekly outlook: More U.S. peas, chickpeas expected in 2023

On the other hand, fewer lentils and beans

By Adam Peleshaty July 4, 2023
MarketsFarm — It was a mixed bag for forecasted seeded pulse acres in the United States, according to the U.S. Department of Agriculture (USDA). USDA released its acreage report on […] Read more

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