Chicago soybean and corn futures chopped up and down on Wednesday as traders monitored results from a U.S. Midwest field tour that initially confirmed strong yield prospects, traders said.
Markets

Manitoba harvest sees winter crops pass halfway point
Combining of spring crops getting started
Harvest operations in Manitoba pressed ahead during the week ended Aug. 18, with fall rye and winter wheat leading the way.

Nebraska soy, Indiana corn show best potential in years, crop scouts say
Nebraska’s soybean pod count is the highest in at least 22 years, and its corn yield potential is the strongest in four years, scouts said on Tuesday during the second day of Pro Farmer’s annual tour of major grain-producing states.

U.S. livestock: Feeders set fresh highs, hogs mixed
Chicago cattle futures ended Tuesday mostly up, with feeder contracts setting fresh highs. Hogs were mixed.

U.S. grains: Chicago wheat, corn tick lower on continued supply pressure
Chicago wheat fell on Tuesday, pressured by an upward revision to Russia's wheat crop forecast and the latest talks to end the war in Ukraine, while corn eased as strong yield projections from a U.S. Midwest field tour maintained supply pressure.

Pulse Weekly: Saskatchewan peas, lentils in good condition
Provincial pulse specialist sees good quality, quantity
Saskatchewan pulse crops are faring well as harvesting operations begin in the province.

USDA’s August corn yield estimates are bearish
The yield estimates for wheat were neutral, but there will be no escaping corn’s downward pressure
The yield estimates for wheat and soybeans were neutral to bullish, but these were largely a sideshow when compared with corn.

Farm Credit Canada extends support for canola producers
Decision comes after continued global trade disruption, including new Chinese tariffs on canola seed.
Farm Credit Canada has extended its Trade Disruption Customer Support program to canola producers.

Dry soils threaten strong Ohio crops; rains boost South Dakota — tour
The production potential of Ohio's corn crop is the highest in at least 22 years, scouts on the annual Pro Farmer tour of top U.S. producing states found on Monday, but dry conditions could limit yields by the time the autumn harvest rolls around.

U.S. livestock: Feeder contracts set fresh highs
Chicago feeder cattle futures set fresh highs on Monday. Lean hog contracts also rose.