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Wheat


Growing conditions in Ontario were optimal during this past summer.
Markets, Markets/Business

Harvest surge expected to lower soybean prices

Rain delayed Ontario corn and soybean harvests but yields are strong

By Jerry Klassen October 13, 2023
At the end of September, Ontario farmers were in the early stages of the corn and soybean harvests. The corn harvest is 15 to 20 days behind normal and the […] Read more

CBOT November 2023 soybeans with 20- and 50-day moving averages and December 2023 soymeal (dark grey line, left column). (Barchart)
Crops, Markets

U.S. grains: Chicago soybeans surge after USDA projects smaller soy, corn crops

CBOT corn, wheat also higher

By Zachary Goelman October 12, 2023
New York | Reuters — Chicago soybean and corn futures shot up on Thursday following a closely watched U.S. government report forecasting a smaller corn and soybean harvest than previously […] Read more

(Christophe Paul photo courtesy USDA)
Crops, Markets

CBOT weekly outlook: Markets react bullishly to USDA report

Corn, soy production estimates revised lower

By Adam Peleshaty October 12, 2023
MarketsFarm — Most of the October world agricultural supply/demand estimates (WASDE) released Thursday from the U.S. Department of Agriculture (USDA) came out lower than trade expectations, causing price jumps on […] Read more

(Geralyn Wichers photo)
Crops, Markets

Feed weekly outlook: Demand for feed grains ‘in a lull’

U.S. corn harvest a work in progress

By Adam Peleshaty October 12, 2023
MarketsFarm — Despite prices continuing to come down for feed grains in Western Canada, demand for them is currently at a standstill, according to Susanne Leclerc of Market Master Ltd. […] Read more

CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Chicago soy touches 22-month low ahead of USDA report

CBOT wheat also lower; corn firm

By Zachary Goelman October 11, 2023
New York | Reuters — Chicago soybean and wheat futures fell on Wednesday, and corn futures firmed as the markets turned their attention to widely-followed U.S. government crop forecasts. The […] Read more


(Dave Bedard photo)
Crops, Markets

Managed money fund traders increase bearish canola bets

Funds still net long in CBOT soybeans

By Phil Franz-Warkentin October 11, 2023
MarketsFarm — The managed money net short position in ICE Futures canola grew to its largest level in three and a half months in early October on a combination of […] Read more

CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans lifted by bright report on export demand

CBOT wheat down sharply, corn also lower

By Zachary Goelman October 10, 2023
New York | Reuters — Chicago soybean futures rose on Tuesday, rebounding sharply from early losses on lift from technical trading and data showing a pickup in exports of the […] Read more

CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soy, corn futures fall as harvest accelerates

CBOT December wheat turns lower

By Zachary Goelman October 7, 2023
New York | Reuters — Chicago soybean and corn futures fell on Friday due to profit-taking after the previous day’s rally and forecasts of favourable harvest weather this weekend. Wheat […] Read more


Barley. (Doug Wilson photo courtesy ARS/USDA)
Crops, Markets

Feed weekly outlook: Lack of overseas demand brings down prices

'It feels like for now, we've kind of bottomed out'

By Adam Peleshaty October 6, 2023
MarketsFarm — As the grain harvest wraps up in Western Canada, feed grain prices continued to move downward. However, harvest pressure was not the only reason for their declines. Evan […] Read more

CBOT December 2023 soft red winter wheat with 20-day moving average, MGEX December 2023 hard red spring wheat (yellow line) and K.C. December 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Chicago wheat rises on Black Sea tensions

Corn at one-month high; soybeans also up

By Zachary Goelman October 6, 2023
Reuters — Chicago wheat futures rallied on Thursday, boosted more than three per cent on reports of new tensions in the Black Sea region. Corn futures hit a one-month peak, […] Read more

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