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grain markets

Articles: 85 results from the past year. For older articles, see advanced options.

Ag Processing Inc. expanding production in corn belt
FARGO, N.D. — Ag Processing Inc., based in Omaha, has announced plans to build a new soybean facility somewhere in South Dakota or North Dakota. The company tells Agweek it will be a “state-of-the-art” size of about 35 million to 40 million bushels of raw soybeans, largely to produce soybean meal for Pacific Northwest export markets.
Monday, April, 20, 2015 - Agweek - News

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Thunder Bay opens; ships loaded
The Seaway is open and Thunder Bay, Ontario, has started loading ships. There’s about a million metric tons of storage there, and it’s full, so there’s no immediate demand-pull for wheat from the prairies. Expect elevators to start actively bidding for wheat soon.
Tuesday, April, 14, 2015 - John Duvenuad - News

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Niche crops shine brighter
Corn, the star of Upper Midwest agriculture in recent years, won't shine quite so brightly in the 2015 growing season, the U.S. Department of Agriculture predicts. But some small-market crops, particularly lentils and dry peas, are expected to take on extra luster this year.
Monday, April, 06, 2015 - Agweek - News

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Lentils have good marketing year
If you’re a lentil grower, you’ve just had the best marketing winter of your career. You probably had an OK yield but, with all the rain at harvest, you probably harvested your worst-quality crop. Here’s where everything worked. Demand has been red-hot, including for product that, in another year, might have been destined for the feed market.
Monday, April, 06, 2015 - Agweek - News

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USDA predicts fewer corn, wheat acres, but more soybeans and small-market crops
Corn, the star of Upper Midwest agriculture in recent years, won’t shine quite so brightly in the 2015 growing season, the U.S. Department of Agriculture predicts. “A little bit of the shine seems to be off corn,” says Erik Younggren, a Hallock, Minn., farmer.
Tuesday, March, 31, 2015 - - News

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Manitoba soybeans trading at January levels
Soybeans in Manitoba are flat, trading about where they were in January. Buyers price off Chicago Board of Trade futures, and they had a minor run in February so there were slightly better prices available for a while. Delmar International Inc. is paying 30 cents over May, putting it at $10.10 the morning of March 24, while elevators are about $9.80 per bushel.
Monday, March, 30, 2015 - - News

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Flax market might ease; pea prices down
WINNIPEG, Manitoba — Flax continues to have a good market. Legumex is paying $14.50 per bushel delivered in Winkler, Manitoba. Elevators are about $13.50. Compared with canola, flax is on the expensive side.
Monday, March, 23, 2015 - Agweek - News

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Exchange rate affects ag industry, export outlook
Justin Flaten relies on foreign customers to buy most of his company’s products. But his wares are increasingly expensive for overseas buyers, and that’s hurting sales.
Monday, March, 23, 2015 - Agweek - News

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Survey: Plantings down less than 1 percent
WINNIPEG, Manitoba — The Wild Oats Planting Survey is the first surveyed intentions outlook for western Canadian spring plantings. In February, we asked Wild Oats subscribers their acreage last year and intended acreage this year, with responses from 104 farmers cropping 330,000 acres.
Monday, March, 09, 2015 - Agweek - News

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Significant interventions hit world markets
After going through a long period of relative stability in the world grain markets, there have been some major interventions in the past few years. The combined impacts of these interventions have resulted in more volatile markets and production
Monday, March, 02, 2015 - North Dakota State University Extension Service - News

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Lower corn acreage projected for 2015 season
With weather conditions still uncertain for the upcoming planting season, predictions remain stagnant for grain prices in 2015. The U.S. Department of Agriculture’s long-term projection for acreage planted predicts a 2 million acre reduction nationwide in corn. Jack Davis, the crops business management field specialist at the South Dakota State University Extension Mitchell Regional Center, says acreage will be shuffled into soybeans, small grains and alfalfa forage seeding.
Friday, February, 27, 2015 - - News

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Mustard types have different markets
WINNIPEG, Manitoba — The three different mustards have distinctly different markets. Yellow is hot. Western Canadian farmers grew a larger crop last year than the year before, and most was yellow. Prices fell hard after harvest but have been on the upswing since, and new-crop prices are even higher. Trade is brisk. Farmers are selling and processors are busy. Yellow bids range between 33.5 to 36 cents per pound. Most, but not all, processors are buying.
Monday, February, 23, 2015 - Agweek - News

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Lentils markets remain red-hot
WINNIPEG, Manitoba — Lentil markets remain red-hot. It’s a gift, considering the poor quality. The year started out looking heavy, with 2014 plantings way up from 2013, but it was a tough production year, both quantity and quality.
Monday, February, 16, 2015 - Agweek - News

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Ukraine says ready to act if grain exports exceed limits
Ukraine’s Agriculture Ministry is ready to impose measures to defend the local grains market if a sharp devaluation in the country’s hryvnia currency causes a jump in exports, says Deputy Minister Volodymyr Lapa.
Tuesday, February, 10, 2015 - - News

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Flax market strong, but quality matters
WINNIPEG, Manitoba — The prairie flax market, while maybe not on fire, is certainly strong. Farmers are netting $14.50 freight on board pretty much everywhere with $15 per bushel available delivered Winkler, Manitoba. One caveat — quality matters.
Monday, February, 09, 2015 - Agweek - News

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Ending an era, CME Group to shutter most futures pits
The world’s largest futures market operator will shutter almost all of its open-outcry futures pits by July 2, ringing the closing bell on a once-raucous tradition that has been in decline since the rise of computerized trading.
Thursday, February, 05, 2015 - Reuters - News

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