Insights and Stories on Wheat

Feed weekly outlook: Grain area to increase this year

Apr. 27, 2023 at 3:14 pm CDT

MarketsFarm — Early signs point to increased Canadian feed grain production in 2023-24, with record corn acreage intentions and increases in both barley and wheat area on the year, according to the latest estimates from Statistics Canada. Planted corn area in the country is forecast at 3.725 million acres in […]

U.S. grains: Chicago wheat closes down as global supplies look strong

Apr. 26, 2023 at 4:50 pm CDT

By Cassandra Garrison

CBOT weekly outlook: U.S. rain, StatCan report biggest influences

Apr. 26, 2023 at 4:09 pm CDT

By Glen Hallick - MarketsFarm

StatCan expects more wheat, canola acres in 2023

Apr. 26, 2023 at 11:26 am CDT

By Phil Franz-Warkentin

U.S. grains: Chicago grains flat or down with weather, Black Sea in focus

Apr. 25, 2023 at 3:37 pm CDT

By Cassandra Garrison

Analysts expect additional acres for canola, wheat

Apr. 24, 2023 at 6:43 pm CDT

MarketsFarm — If traders and analysts are correct with their estimates, there will be slightly more wheat and canola acres seeded in Canada this year compared to 2022. Statistics Canada (StatCan) will release its first survey-based acreage estimates for the 2023-24 marketing year on April 26. Other than drier and […]

By Adam Peleshaty

U.S. grains: Corn hits eight-month low

Apr. 24, 2023 at 6:27 pm CDT

Chicago | Reuters — Chicago Board of Trade corn futures slumped on Monday to an eight-month low after the government announced that China canceled some purchases of U.S. supplies of the grain. The cancellations, which also weighed on wheat and soybean futures that hit one-month lows on Monday, highlighted concerns […]

By Mark Weinraub

AAFC raises canola stocks projections

Apr. 23, 2023 at 2:44 am CDT

MarketsFarm — Canola ending stocks for both the current marketing year and 2023-24 were raised slightly by Agriculture and Agri-Food Canada (AAFC) in its latest supply/demand projections, released Friday. The government agency lowered its canola export forecast for 2022-23 by 200,000 tonnes from March, now pegging movement at 8.4 million […]

By Phil Franz-Warkentin

U.S. grains: Cheap Brazilian soybeans destined for U.S.

Apr. 21, 2023 at 8:21 pm CDT

Mexico City | Reuters — U.S. soybean futures closed the week down on Friday, extending losses as cheap Brazilian beans were being snatched up by the U.S., the second-largest soy producing country in the world. A drop in prices due to abundant local supplies and cooling demand have made Brazil […]

By Cassandra Garrison

Feed weekly outlook: Quiet times appear to be ahead

Apr. 20, 2023 at 7:07 pm CDT

MarketsFarm — As feed grain prices on the Canadian Prairies remain relatively stable, the market appear to be “moving to a quiet summer,” according to Brandon Motz of CorNine Commodities at Lacombe, Alta. “Demand remains neutral to weak, and farmers are holding on to their grain that’s left in the […]

By Glen Hallick - MarketsFarm