wheat #granoduro

LAST WEEK MARKET COMMENTS

Earlier in the past week, prices had rallied in anticipation of a bullish market report by USDA, howeve this reported corn ending stock number well above average market expectations, resulting in a sharp pullback of prices leading to smaller week on week change in prices. In the coming weeks, the mostly price drivers will be the […]

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Daily Market Wire – Feb. 15, 2021

Chicago wheat Mar contract up US3.25 c/bu to 636.75c last Friday; Kansas wheat Mar contract up 5.75c/bu to 616.75c; Minneapolis wheat Mar contract down 0.25c/bu to 616; MATIF wheat Mar contract up €1.25/t to €223.75/t; Corn Mar contract down 2.25c/bu to 538.75c; Soybeans Mar contract up 4.5c/bu to 1372c; Winnipeg canola Mar contract up C$26.30/t to $730.40; MATIF rapeseed May contract up €2.75/t

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Talking North America Grains

North America is enormously important as a grain producing and exporting region and a major supplier to world markets. The exception is Mexico, a large-scale importer and an important customer for Canada and the United States. In 2020-21, the United States will produce a total of 432.9 million tonnes of grain, Canada 63.8 million and

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GRAIN & PRICE WEEKLY REPORT

A volatile week, rolls gently to the close. Grains prices went on something of a rollercoaster ride this week, but Friday’s session didn’t move the needle much in either direction after a round of light, mixed technical maneuvering. Corn prices stumbling to a weekly loss of 1.7%. Soybeans tracked around 0.3% higher week over week.

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