Insights and Stories on IGC

Prairie cash wheat: External factors raise bids

Sep. 24, 2022 at 4:49 am CDT

MarketsFarm — Despite the usual harvest pressures, western Canadian wheat bids jumped during the week ended Thursday, largely due to geopolitical and macroeconomic factors. The U.S. Federal Reserve on Wednesday again raised its key interest rate to combat rising inflation — this time a 75 basis point increase, to 3.25 […]

Global wheat production rises, corn drops

Sep. 22, 2022 at 5:25 pm CDT

By MarketsFarm

U.S. grains: Wheat reaches two-month high on Ukraine worries

Sep. 22, 2022 at 5:01 pm CDT

By Julie Ingwersen

Global production declines expected for wheat, corn

May. 19, 2022 at 7:55 pm CDT

By MarketsFarm

IGC tweaks old-crop numbers, makes bigger changes in new-crop

Apr. 22, 2022 at 12:33 am CDT

By Glen Hallick - MarketsFarm

U.S. grains: Corn, wheat retreat from recent highs

Apr. 21, 2022 at 7:58 pm CDT

Chicago | Reuters — U.S. corn futures fell on Thursday on disappointing weekly U.S. export sales data and a round of profit-taking after multi-year highs set this week, analysts said. Wheat futures also fell, retreating from recent six-week highs, while soybean futures inched higher, supported by export demand for U.S. […]

By Julie Ingwersen

World soybean output, stocks estimates chopped

Feb. 17, 2022 at 6:53 pm CST

MarketsFarm — Downward revisions to soybean numbers stand out the most in February’s grain market report from the International Grains Council (IGC). Otherwise, the monthly estimates have minor alterations. The IGC cut its forecast on 2021-22 global soybean production by four per cent from its January report, bringing its projection […]

By Glen Hallick - MarketsFarm

Grains council tweaks numbers in latest supply and demand data

Sep. 23, 2021 at 8:15 pm CDT

MarketsFarm — The International Grains Council (IGC) released its monthly supply and demand report Thursday, projecting a six million-tonne increase in total global grain production at 2.289 billion tonnes in 2021-22. That change consisted of a seven million-tonne increase in global corn production, offset by a one million-tonne decrease in […]

By Glen Hallick - MarketsFarm

IGC expects larger world grain crop but tighter stocks

May. 28, 2021 at 4:12 am CDT

MarketsFarm — World grain production is forecast to hit a new record in 2021-22, but increasing demand should still cause ending stocks to tighten to their lowest level in seven years, according to updated projections from the International Grains Council. Total grain production — which includes wheat, corn and other […]

By MarketsFarm

CBOT weekly outlook: Look for May USDA report to be bullish

May. 5, 2021 at 9:34 pm CDT

MarketsFarm — With the next supply and demand estimates from the U.S. Department of Agriculture (USDA) a week away, broker Ryan Ettner provided his outlook on the report. “[Soybean] exports have been good enough to meet the USDA’s expectations,” but maybe not enough to adjust any of their numbers, said […]

By Glen Hallick - MarketsFarm

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