Insights and Stories on Harvest

Oct. 13, 2021 at 5:04 pm CDT

MarketsFarm — ICE Futures canola contracts held rangebound during the week ended Wednesday, climbing to their strongest levels in two months at one point before running into resistance and retreating to trade well off those highs. “We’re still stuck in a trading range,” said Keith Ferley of RBC Dominion Securities […]

By Phil Franz-Warkentin

Oct. 8, 2021 at 7:33 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures weakened on Friday, giving up gains made overnight on a lack of export news despite top buyer China returning to the market after a week-long holiday, traders said. Corn futures followed a similar trajectory and closed near session lows as […]

By Mark Weinraub

Oct. 6, 2021 at 4:30 pm CDT

MarketsFarm — Cereal and oilseed exports out of Canada nosedived in August just as the 2021-22 marketing began, according to the monthly export report from the Canadian Grain Commission (CGC). At about 2.24 million tonnes, total grain exports were down 38.5 per cent overall compared to those in August 2020. […]

By Glen Hallick - MarketsFarm

Oct. 6, 2021 at 4:13 pm CDT

Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell on Wednesday on seasonal harvest pressure and forecasts that should allow U.S. farmers to continue to make good progress with the cutting of their crops, traders said. “Harvest should continue to expand with weather allowing for quick […]

By Mark Weinraub

Oct. 5, 2021 at 4:47 pm CDT

Chicago | Reuters — U.S. soybean futures rose 1.3 per cent on Tuesday as a rally in the energy market boosted demand for soy-based biofuels, traders said. Wheat futures were down on profit-taking after three straight days of gains pushed the market to its highest since mid-August. The wheat weakness […]

By Mark Weinraub