Wheat traded lower last week. For the week ending Jan. 15, March Minneapolis lost 22.25 cents, March Chicago lost 31 cents and March Kansas City lost 27.5 cents. As of 10 a.m. Jan. 16, wheat trade was up 5 to 9 cents.RELATED CONTENT
WINNIPEG, Manitoba — The U.S. Department of Agriculture’s January reports were only mildly negative for soybeans, but confirmation of a record American crop combined with a bin-buster developing in South America dropped beans 30 cents on Jan. 12. Corn was mildly bullish.
WINNIPEG, Manitoba — Soybean futures had a good run since October — up $1.50 per bushel, including a bump of close to 40 cents Jan. 5. Even more impressive from a Canadian farmer’s perspective, the Canadian dollar sank from 93 cents U.S. to 84 cents since June. That’s a 10 percent boost in Canadian prices.
Wheat traded lower last week. For the week ending Jan. 8, March Minneapolis lost 2.5 cents, March Chicago lost 14.25 cents and March Kansas City lost 9.25 cents. As of 10 a.m. Jan. 8, wheat trade was between down 4 and up 4 cents.RELATED CONTENT
The December Prices Received Index for agricultural production is 102 percent of its 2011 base, up 1 percent from the November index and 2 percent higher than the December 2013 index.
Wheat traded lower last week. For the week ending Dec. 31, March Minneapolis lost 9.5 cents, March Chicago lost 21 cents and March Kansas City lost 17.75 cents. As of 10 a.m. Jan. 2, wheat trade was down 3 to 12 cents.RELATED CONTENT
WINNIPEG, Manitoba — We have seen a sizeable rally in U.S. corn, which has spilled over into the wheat and barley markets.
Wheat traded higher on the week. For the week ending Dec. 24, March Minneapolis lost 15.25 cents, March Chicago lost 20.75 cents, and March Kansas City lost 22 cents. As of 10 a.m. Dec. 26, wheat trade was between 3 cents lower and 1 cent higher.RELATED CONTENT
WINNIPEG, Manitoba — The milling wheat market has a number of risk factors moving forward.
Wheat traded higher on the week. For the week ending Dec. 18, March Minneapolis gained 40.25 cents, March Chicago gained 48.75 cents and March Kansas City gained 49.5 cents. As of 9 a.m. Dec. 19 wheat trade was 6 to 14 cents lower.RELATED CONTENT
Upper Midwest agriculture is big and diverse. No two years are ever quite the same.RELATED CONTENT
European Union grain exporters will be the main beneficiaries of Russia’s pullback from international grain markets as Moscow races to cool domestic prices in the face of economic crisis, analysts and traders say.
Projected U.S. wheat supplies for 2014 to ’15 are up 10 million bushels for December with higher projected imports. Increased production and higher imports from Canada are expected to add to U.S. wheat supplies.
WINNIPEG, Manitoba — Lentil markets are moving as well as can be expected, given our deplorable quality. Overseas end users have now received their initial 2014 crop shipments, and they are not impressed. Processors took the flack on this year’s quality.