Insights and Stories on Spring Wheat

Oct. 8, 2019 at 7:11 pm CDT

MarketsFarm — Cool and wet conditions delaying harvest operations across North America’s durum-growing regions are cutting into the quality of the crop in both the U.S. and Canada, with widening price spreads likely going forward. “It’s been a challenging harvest,” said Erica Olson, marketing specialist with the North Dakota Wheat […]

By Phil Franz-Warkentin

Sep. 26, 2019 at 5:48 pm CDT

Chicago | Reuters — U.S. soybean futures finished near unchanged on Thursday after initially rising on hopes for further Chinese purchases, traders said. China, the world’s largest soybean importer, will buy about six million tonnes of soy from the United States before trade talks in early October, said a chief […]

By Tom Polansek

Sep. 26, 2019 at 5:08 pm CDT

MarketsFarm — The slide in western Canadian feed grain prices over the past few months shows signs of slowing, as concerns over harvest delays supplant earlier concerns over large crops and quality downgrades. “The weather over the next week or so doesn’t look that great,” Allen Pirness of Market Place […]

By Phil Franz-Warkentin

Sep. 25, 2019 at 6:04 pm CDT

MarketsFarm — Weather-related quality issues with North American spring wheat crops saw Minneapolis spring wheat futures rally sharply over the past three weeks, with more room to the upside as concerns mount over the state of the crop. The December contract hit a multi-year low of $4.865 per bushel at […]

By Phil Franz-Warkentin

Sep. 25, 2019 at 4:17 pm CDT

Chicago | Reuters — Chicago soybean futures fell on Wednesday as investors worried U.S.-China trade relations could escalate and as thoughts of frost impacting U.S. Midwest yields began to ease, traders said. Soybean futures faced pressure after President Donald Trump criticized Chinese policy in his address at the United Nations […]

By P.J. Huffstutter