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Wheat


CBOT July 2023 corn with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn, soy, wheat futures sag on demand worries

U.S. winter wheat harvest adds seasonal pressure

By Julie Ingwersen June 15, 2023
Chicago | Reuters — U.S. corn futures and nearby soybean futures fell on Wednesday, backing down from multi-week highs, as traders weighed fears of flagging demand for grains and other […] Read more

Soil cracks around corn plants below knee-high at Manchester Township, about 130 km west of Philadelphia in southern Pennsylvania, on June 6, 2023. (Photo: Paul Kuehnel/USA Today Network via Reuters)
Crops, Markets

CBOT weekly outlook: Weather market for soy, corn

U.S. targets for biofuel blending pending

By Phil Franz-Warkentin June 14, 2023
MarketsFarm — With soybean and corn seeding nearing completion across the United States, attention in the futures markets is focused squarely on growing conditions. “We’re in a weather market, so […] Read more

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

U.S. grains: Soybeans reach one-month high on weather woes

Wheat up, corn mixed

By Julie Ingwersen June 13, 2023
Chicago | Reuters –– U.S. soybean futures hit a one-month high on Tuesday on worries about dry conditions in the Midwest hurting crop prospects and spillover strength from crude oil, […] Read more

(File photo by Dave Bedard)
Crops, Markets

Fund short position grows in canola

Traders net long in soy, K.C. wheat

By Phil Franz-Warkentin June 13, 2023
MarketsFarm — The speculative short position in canola grew to is largest level in nearly three months in early June, as investors covered longs and put on more bearish bets, […] Read more

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

U.S. grains: Corn climbs on dry conditions

Wheat follows corn higher, soybeans mixed

By Julie Ingwersen June 12, 2023
Chicago | Reuters — U.S. corn futures rose to a nearly two-month high on Monday as traders fretted about disappointing weekend rains and dry conditions stressing crops in portions of […] Read more


(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Hard red spring wheat bids rise

MGEX wheat rally offsets rising loonie

By Phil Franz-Warkentin June 12, 2023
MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Thursday, as a rally in Minneapolis spring wheat futures countered the bearish influence of a […] Read more

(Qingwa/iStock/Getty Images)
Crops, Markets

USDA’s June WASDE report brings few notable changes

Canadian wheat harvest expectation unchanged

By MarketsFarm June 9, 2023
MarketsFarm — Very few major changes were made in the latest edition of the world agriculture supply and demand estimates (WASDE) published Friday by the U.S. Department of Agriculture. For […] Read more

CBOT July 2023 soybeans with 20-day moving average (dark green line, right scale) and CBOT July 2023 soybean oil (yellow line, left scale). (Barchart)
Crops, Markets

U.S. grains: Soybeans up as soyoil touches one-month high

Traders watch U.S. crop weather forecasts

By Tom Polansek June 9, 2023
Chicago | Reuters — Chicago Board of Trade soybean futures exceeded a three-week high on Friday as demand from end-users helped push soybean oil above a one-month peak, traders said. […] Read more


Chinese soybean demand is lower than anticipated in the short term, but demand should increase two million tonnes from 2022-23 later in the year, favouring Brazilian soybeans over North American.
Markets, Markets/Business

Brazilian soy bounty weighs on prices

New crop corn prices could be bullish if U.S. yields dip in face of dry weather

By Jerry Klassen June 9, 2023
Ontario received average to below average precipitation in May and temperatures were cooler than normal. Ontario farmers have finished planting and emergence of the row crop is 10-14 days behind […] Read more

CBOT July 2023 soft red winter wheat (candlesticks, right scale) with MGEX July 2023 hard red spring wheat (yellow line, left scale) and K.C. July 2023 hard red winter wheat (orange line, left scale). (Barchart)
Crops, Markets

U.S. grains: Wheat futures rebound

Corn, soybeans close firm

By Mark Weinraub June 8, 2023
Chicago | Reuters — U.S. wheat futures rose on Thursday, bouncing back from a sharp sell-off a day earlier on support from technical buying and concerns about supply disruptions stemming […] Read more

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