ICE Close: Canola Down Amid Record Planted Area Estimate

Canola futures ended lower on Tuesday as Statistics Canada’s June acreage report delivered a much larger planted area estimate than the market expected.

Chicago Close: Wheat Leads Way Higher in Post-USDA Trade

Corn, wheat, and soybean futures ended higher in post-USDA trade on Tuesday, with wheat leading the advances.

Corn, Soybean Stocks Top Expectations; Wheat Below

U.S. corn stocks as of June 1 came in above trade expectations, while soybean inventories were slightly higher than anticipated and wheat stocks were modestly below the average forecast.

Even Fewer U.S. Wheat Acres, USDA Report Shows

There are even fewer U.S. wheat acres in the ground this year than expected, with the USDA lowering estimates for winter wheat, other spring wheat, and durum in its June acreage report.

U.S. Corn Area Little Changed from March; Soybeans Up

The USDA left its national corn planted area estimate virtually unchanged from March while raising soybean plantings.

Farmers’ Share of Food Dollar Still Shrinking: APAS Study

Canola Crush Slows in May; Still Above Last Year

The Canadian canola crush declined modestly in May compared with the previous month but remained above year-ago levels.

National Corn, Soybean Area Up from March

Canadian farmers ended up seeding more corn and soybeans this year than they originally intended in the spring.

Lentil, Pea Seedings Down from March

Canadian farmers planted fewer lentils and dry peas than they intended in March.

Barley Area Rises from Intentions as Producers Cut Oat Seedings

Canadian farmers increased barley seeded area from March intentions while cutting back on oats.

Wheat Area Falls from March Intentions

While Canadian farmers added substantially to their earlier canola intentions, they cut back on wheat compared with March.

Canola Area Surges to New Record High

Statistics Canada revised its national canola planted area estimate sharply higher from March, blowing the doors off pre-report trade expectations in the process.