Results from the United States election pulled down soybean prices at the Chicago Board of Trade during the week ended Nov. 13, 2024.
Tag Archives wheat prices

CBOT Weekly: U.S. election drags down soybeans

Prairie Wheat Weekly: Spring wheat bids rise, durum down
Spring wheat bids in Western Canada were slightly higher than the week before on Nov. 7, 2024. Meanwhile, durum prices were a bit lower.

December a crucial window for soybean, corn sales
Crop prices in Ontario are currently making seasonal lows as they do during harvest
December is a prime opportunity for Ontario farmers to sell soybeans because U.S. farmer selling slows and the South American harvest hasn’t started. Ontario basis levels are strengthening during December, while the soybean futures are making seasonal highs.

Russia seeks more control over global food prices with BRICS grain exchange
Russia is proposing BRICS countries set up a grain exchange that would give Moscow greater control over international prices for its agricultural exports, ahead of a group summit that will be attended by leaders of top global grain producers and buyers.

Feed Grain Weekly: Less activity before corn deliveries
Despite a lack of activity in the feed grain markets, prices for feed barley and feed grain are trending lower, according to a grain broker from Edmonton.

Harsh weather curbs global wheat output, buoys prices
World wheat inventories have fallen from record highs five years ago, U.S. data shows, as poor weather hurt output and Russia's 2022 invasion of Ukraine temporarily spiked grain prices.

Ending stocks for wheat lower for major exporting countries
Russian offers could evaporate if drier conditions continue over winter; Ukraine could impose export restrictions
The world cannot afford a crop problem next spring and summer. If there are drier conditions in the U.S., the corn market will incorporate a significant risk premium. This is our second reason to hold crop into the latter half of the crop year.

CBOT Weekly: USDA report, short-covering raising prices
The USDA Quarterly Grain Stocks report as of Sept. 1 caused prices at the Chicago Board of Trade (CBOT) to rise during the week ended Oct. 2, 2024.

Prairie wheat bids climb with U.S. futures
Spring wheat bids in Western Canada climbed higher during the week ended April 25, as a rally in United States futures provided support. Chart-based speculative buying was behind much of […] Read more

Prairie Wheat Weekly: Red spring mixed, durum pushes up
Wheat prices on the Canadian Prairies were mixed during the week ended Mar. 31. Canadian Western Red Spring Wheat and Canadian Western Amber Durum were lower, while there were increases Canada Prairie Red Spring Wheat.