Insights and Stories on Wheat

Cash wheat: Bids up with U.S. futures, weak loonie

Sep. 20, 2019 at 4:53 pm CDT

MarketsFarm — Wheat bids in Western Canada moved higher during the week ended Thursday, as gains in U.S. futures, weakness in the Canadian dollar and concerns over harvest delays in Western Canada all provided support. The Canadian dollar was down by roughly a third of a cent relative to its […]

U.S. grains: Soy firm on export sales, trade optimism

Sep. 19, 2019 at 8:18 pm CDT

By Karl Plume

CBOT weekly outlook: Corn, soy steady, watching harvest

Sep. 18, 2019 at 7:03 pm CDT

By Phil Franz-Warkentin

U.S. grains: Soy slips on favourable weather, demand disappointment

Sep. 18, 2019 at 4:55 pm CDT

By Karl Plume

U.S. grains: Corn sinks on weather, retreating crude oil

Sep. 17, 2019 at 8:33 pm CDT

By Karl Plume

U.S. grains: Corn firms as oil rally offsets Midwest weather

Sep. 16, 2019 at 7:02 pm CDT

Chicago | Reuters — U.S. corn and soybean futures rose on Monday as support from surging crude oil prices more than offset pressure from favourable weather for late-developing crops. Signs of easing U.S.-China trade tensions also buoyed the market after confirmation on Monday of more Chinese purchases of U.S. soybeans […]

By Karl Plume

Cash wheat: Bids get support from U.S. gains

Sep. 13, 2019 at 7:15 pm CDT

MarketsFarm — Wheat bids in Western Canada were higher for the week ended Thursday, with gains in CWRS, CPSR and CWAD wheats in all locations. The Canadian dollar was up by more than a 10th of a cent on the week, which tempered gains. Average CWRS (Canada Western Red Spring, […]

By Glen Hallick - MarketsFarm

Global wheat production to decrease, USDA says

Sep. 13, 2019 at 6:11 pm CDT

MarketsFarm — In the latest supply and demand report from U.S. Department of Agriculture (USDA), the global wheat forecast was revised downward due to difficult weather conditions. USDA has now projected 765.53 million tonnes of wheat to be produced in 2019-20, according to the department’s world agriculture supply and demand […]

By Glen Hallick - MarketsFarm

U.S. grains: Soybeans extend gains on big Chinese purchase

Sep. 13, 2019 at 4:43 pm CDT

Chicago | Reuters –– U.S. soybean futures hit a six-week high on Friday as China’s first large purchase of U.S. beans in months and easing of some duties on U.S. exports fuelled hopes of a detente in the tariff war between Washington and Beijing. Corn also firmed as signs of […]

By Karl Plume

CBOT weekly outlook: Expected U.S. soybean, corn yields down

Sep. 12, 2019 at 8:57 pm CDT

MarketsFarm –– The U.S. Department of Agriculture (USDA) September supply and demand report saw downward revisions for corn and soybeans, but kept its estimates for wheat where they were in August. The department on Thursday released its new world agricultural supply and demand estimates (WASDE). “Prices rallied after the report […]

By Glen Hallick - MarketsFarm