Corn and soybean futures on the Chicago Board of Trade continued to be supported by the latest supply and demand report issued by the United States Department of Agriculture, said analyst Bryan Strommen of Progressive Ag in Fargo, ND. Meanwhile, wheat has been contending with pressure from an increase in acres.
Tag Archives winter wheat
CBOT Weekly: S/D report underpinning U.S. corn, soybeans
More winter wheat acres pressures prices
Cuts to U.S. soybean, corn production
U.S. soybean, corn stocks mixed, more winter wheat planted
The United States Department of Agriculture cut its calls for 2024/25 U.S. soybean and corn production in its World Agricultural Supply and Demand Estimates (WASDE) released Jan. 10.
Prairie Wheat Weekly: Cash prices step back
Stronger greenback weakens U.S. wheat
Western Canadian cash prices for spring wheat and amber durum were lower during the week ended Jan. 9.
Feed Grains Weekly: Demand lull to keep prices lower for now
Increases unlikely until late February
As January began, feed grain prices on the Canadian Prairies remained lower and are likely to stay that way until spring, commented broker Evan Peterson of JGL Commodities in Saskatoon.
Second spring wheat futures market on the horizon
Making the smallest contract even smaller - analyst
The CME Group has plans to launch a new Hard Red Spring Wheat futures and options market in the second quarter of 2025, rivalling the Minneapolis hard red spring wheat contracts now traded through the MIAX platform.
StatCan issues crush, delivery reports
Canola crush, deliveries step back in November
Statistics Canada published its crush and grain deliveries reports on Dec. 24.
Prairie Wheat Weekly: Prices mostly lower
Sharp declines in U.S. wheat complex
Western Canadian cash prices for spring wheat stepped back during the week ended Dec. 19, while those for amber durum were mixed.
Prairie Wheat Yearly: Declines in cash prices from modest to substantial
Sharp losses in U.S. wheat complex
While Western Canadian cash prices for spring wheat stepped back modestly during 2024, those for amber durum were down hard.
AAFC adjusts monthly estimates, cites caution for canola exports
Impact of China's anti-dumping investigation unknown at this time
Agriculture and Agri-Food Canada adjusted its latest supply and demand estimates issued on Dec. 19. This followed the updated Statistics Canada figures from two weeks ago.
Feed Grains Weekly: Trump looms over Prairie feed market
Weaker Canadian dollar less of an influence
Currently, United States President-elect Donald Trump is more of an influence on Western Canadian feed grain prices than a weaker Canadian dollar said Brandon Motz of CorNine Commodities in Lacombe, Alta.