Advertise in Print | Subscriptions

EU grain to enjoy spoils of Russian export curbs

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.

WASDE: Wheat, corn up

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.

Lentils steady

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.

USDA report nonevent

USDA report nonevent

Wheat struggled to start last week, but managed to end the week with a strong session. For the week, March Minneapolis dropped 7.75 cents, March Chicago gained 3.5 cents and March Kansas City gave back 11.75 cents.

RELATED CONTENT

Russian wheat exporters cut prices as state looks to curb outflow

Exporters of Russian wheat have cut prices to try to speed up sales abroad before the government possibly introduces curbs to replenish its own stocks and prevent rises in the cost of bread, traders and analysts say.

Pricey beef, mild weather drag on near-term US cattle prices

U.S. slaughter cattle prices this week may repeat last week’s slump as grocers balk at high-priced beef from packers who are operating their plants at a loss, traders and analysts said. Furthermore, less-threatening weather could temporarily keep cattle weights near record highs, providing more beef to the retail sector, they said.

Price swings good for alternative crops

With prospects for lack-luster returns for corn and soybeans in 2015, some farmers in the region are thinking alternative crops could fit into a new, profitable future.

Technical buying supportive

Technical buying supportive

Wheat started last week with strong gains, but gave back most of them the rest of the week. For the week ending Dec. 4, March Minneapolis gained 2.25 cents, March Chicago picked up 11.25 cents and March Kansas City dropped 4.5 cents.

RELATED CONTENT

Wheat futures flurry

Wheat futures burst higher on Dec. 1 by about 20 cents.

India, US sign border agreement

American farmers could find it easier to deliver food, particularly perishables, to foreign customers under an agreement between India and the U.S. that was ratified by the World Trade Organization General Council, according to U.S. trade officials.

Time for year-end tax planning

Planting, harvesting and marketing a crop isn’t easy. Raising and marketing livestock isn’t easy, either. But managing income taxes can get really difficult for farmers and ranchers.

Regional ag lender survey shows farm debt rising

Regional ag lender survey shows farm debt rising

It might not be a return to the 1980s credit crisis, but another ag lender survey shows a yellow light for “slow” in the region’s agricultural pace heading into 2015.

RELATED CONTENT

Flax prices strong

WINNIPEG, Manitoba — Flax was the only prairie crop to be larger this year than in 2013, yet prices remain stubbornly strong. You can probably find $12.50 to $13 per bushel. That’s below the five-year average price, but above the nine-year average.

Gains ahead of Thanksgiving

Gains ahead of Thanksgiving

Wheat traded higher last week. For the week ending Nov. 26, December Minneapolis gained 15.25 cents, December Chicago gained 14.75 cents and December Kansas City gained 17 cents. As of 10:30 a.m. Nov. 28, wheat trade was 13 to 16 cents higher.

RELATED CONTENT

Deere says equipment sales to fall further as farm incomes drop

Deere says equipment sales to fall further as farm incomes drop

Deere & Co. says it expects equipment sales to fall further as lower grain prices discourage farmers from buying tractors, harvesters and other machinery. Shares of the world’s largest farm equipment maker fell as much as 4 percent in premarket trading.

RELATED CONTENT
View More Markets Articles