Articles tagged under: wheat
USDA Lowers Global Corn, Soybean and Wheat Production
Published January 12, 2021
USDA lowered global corn production 9.3 million tonnes in the January Supply and Demand report to 1,438 million metric tons. The crop declines in Argentina and Brazil will more than offset increased production in China and India. USDA lowered global…Wheat to Compete for Acres in Spring
Published January 6, 2021
Daniels Trading broker John Payne is expecting wheat to compete for acres next spring. "In my opinion, the big one to watch is Minneapolis spring wheat. That has the potential to really go given the need for acreage. If we…An Acreage Battle
Published December 27, 2020
Higher prices for corn and soybeans may incentivize local farmers to change the acreage mix for next year. The Money Farm market analyst Luke Swenson says seed companies are prepping for strong demand for these crops. "Ironically, the growers out…What’s Hot, What’s Not in the Markets?
Published December 14, 2020
In this week's edition of What's Hot, What's Not in the Markets, Advance Trading Risk Management Advisor Tommy Grisafi looks at a stronger wheat market, the stock market and the possibility of drought in 2021.A Wheat Story Shines Through the December USDA Report
Published December 11, 2020
Global Commodity Analytics and Consulting President Mike Zuzolo says this past week's USDA report offered positive news for wheat. "The wheat number came in very strong. USDA took world ending stocks below their lowest trade guess and they didn't cut…December USDA Report Highlights Lower Ending Stocks
Published December 11, 2020
USDA made smaller than expected changes in the December Supply and Demand report. USDA left U.S. corn ending stocks at 1.7 billion bushels, reduced the soybean ending stocks by 15 million bushels to 175 million bushels and lowered wheat ending…Canadian Wheat Board Lawsuit Against Canadian Government Moves Forward
Published December 11, 2020
A unanimous three judge Manitoba Court of Appeal decision will allow the Friends of the Canadian Wheat Board lawsuit against the Canadian government to move forward. The lawsuit calls for the repatriation of $150 million to farmers who marketed wheat…Boost in Canadian Wheat Acres Driven By Winter Wheat and Durum
Published December 4, 2020
According to IntelliFARM President Brian Voth, the increase in the Statistics Canada wheat numbers are being driven by winter wheat and durum. "It looks like a big number, but when you break it down, most of it is coming out…Canada Produces More Wheat, Corn and Soybeans in 2020
Published December 4, 2020
According to Statistics Canada, the favorable growing season allowed Canada’s farmers produced more wheat, soybeans, corn and small grains last year while canola production was down. Total wheat production was up nearly eight percent on increased acreage and a yield…