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Wheat


(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Bids drop sharply

U.S. wheat futures well down on week

By Phil Franz-Warkentin April 29, 2023
MarketsFarm — Spring wheat bids in Western Canada dropped sharply lower during the last week of April, as a selloff in U.S. futures more than offset any support from a […] Read more

Trucks wait for crossing into Poland at the Rava-Ruska border checkpoint in Ukraine’s Lviv region on April 17, 2023. (Photo: Reuters/Roman Baluk)
Crops, Markets

Deal reached to resume Ukraine grain transit with five EU countries

Agreement includes support package for local farmers

By Reuters April 29, 2023
Brussels | Reuters — The European Commission said Friday it had reached a deal in principle to allow transit of Ukrainian grain to resume through five European Union countries that […] Read more

CBOT July 2023 soft red winter wheat with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Chicago grains up off new lows, end week higher

Wheat rebounds off another 21-month low

By Cassandra Garrison April 29, 2023
Reuters — Chicago grain and soybean futures ended higher on Friday after posting fresh lows earlier as traders anticipated hefty global supplies and kept an eye on weather in the […] Read more

Russia’s Black Sea demands cause jumpy wheat market
Markets, Markets/Business

Russia’s Black Sea demands cause jumpy wheat market

An opportunity may arise for new-crop wheat sales, depending on future of shipping agreement

By Jerry Klassen April 28, 2023
From March 15 through April 15, southern Ontario received above normal precipitation with some areas receiving as much as 100 to 125 millimetres of rain. Temperatures were two to three […] Read more

CBOT July 2023 soft red winter wheat with 50-day moving average, Minneapolis July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Chicago wheat, corn hit fresh lows

Export competition, China cancellations drag on futures

By Cassandra Garrison April 27, 2023
Mexico City | Reuters — Chicago wheat futures fell for a seventh straight session on Thursday and touched a 21-month low on export competition while corn hit a nine-month low, […] Read more


File photo of a barley seedling. (SusanHSmith/iStock/Getty Images)
Crops, Markets

Feed weekly outlook: Grain area to increase this year

Oats area expected to be reduced

By Phil Franz-Warkentin April 27, 2023
MarketsFarm — Early signs point to increased Canadian feed grain production in 2023-24, with record corn acreage intentions and increases in both barley and wheat area on the year, according […] Read more

CBOT July 2023 soft red winter wheat with 100-day moving average, Minneapolis July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Chicago wheat closes down as global supplies look strong

Market monitoring Plains rain relief, Black Sea grain talks

By Cassandra Garrison April 26, 2023
Mexico City | Reuters — Chicago grains and soybean futures closed lower to mixed on Wednesday, as traders eyed sluggish demand and upcoming U.S. export sales data. Wheat fell on […] Read more

Damage is seen from a rain-wrapped tornado at Cole, Okla., just south of Oklahoma City, on April 19, 2023, in a screengrab from a social media video. (Photo: Hans Duran video screengrab via Reuters)
Crops, Markets

CBOT weekly outlook: U.S. rain, StatCan report biggest influences

Russia's sabre-rattling not yet swaying markets

By Glen Hallick April 26, 2023
MarketsFarm — The three to five inches of rain received Wednesday in Kansas and Oklahoma have put pressure on Kansas City and Chicago wheat prices on the Chicago Board of […] Read more


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

U.S. grains: Chicago grains flat or down with weather, Black Sea in focus

Large Russian supplies temper fears over Black Sea deal collapse

By Cassandra Garrison April 25, 2023
Mexico City | Reuters — Chicago grain futures closed flat or lower on Tuesday, with wheat hitting a 21-month low, as markets were weighed down by a dip in stocks […] Read more

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

U.S. grains: Corn hits eight-month low

Soybeans, wheat at one-month low

By Mark Weinraub April 24, 2023
Chicago | Reuters — Chicago Board of Trade corn futures slumped on Monday to an eight-month low after the government announced that China canceled some purchases of U.S. supplies of […] Read more

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