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Wheat


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

U.S. grains: Wheat closes higher on dry weather, Russian threats

Markets await monthly supply and demand report from USDA

By Cassandra Garrison April 10, 2023
Mexico City | Reuters — Chicago wheat futures were higher on Monday, as dry weather put Kansas City wheat at risk and Russia’s threat to bypass a UN-brokered grain deal […] Read more

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

U.S. grains: Crop futures slide on disappointing export sales, improved weather

Traders adjust positions before Easter weekend

By Tom Polansek April 6, 2023
Chicago | Reuters — Chicago Board of Trade grain and soybean futures crumbled on Thursday on disappointing U.S. export sales and an improved weather outlook for U.S. spring plantings, analysts […] Read more

(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Bids drift lower

U.S. wheat futures down on week

By Phil Franz-Warkentin April 6, 2023
MarketsFarm — Spring wheat bids in Western Canada softened during the week ended Wednesday, as choppiness in U.S. futures and strength in the Canadian dollar weighed on values. Average Canada […] Read more

Parrish and Heimbecker says this view of its Kincardine, Ont. site, pre-construction, shows where a new truck receiving area will be set up. (ParrishAndHeimbecker.com)
Crops

P+H upgrading southwestern Ontario elevator

Improved unload times expected for wheat deliveries

By Dave Bedard April 6, 2023
Updated, April 6 — Agrifood firm Parrish and Heimbecker has started “major” upgrades on one of its southwestern Ontario grain elevators, with plans to dedicate the site to milling wheat. […] Read more

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: U.S. planted acres in flux

USDA's next WASDE due out Tuesday; ending stocks expected to increase

By Glen Hallick April 6, 2023
MarketsFarm — Ahead of the April supply and demand report from the U.S. Department of Agriculture (USDA), Scott Capinegro of Barrington Commodities said he expects ending stocks to increase — […] Read more


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

U.S. grains: Chicago futures lower on U.S. weather outlooks

Traders keep eye on warming trend for northern states

By Cassandra Garrison April 6, 2023
Mexico City | Reuters — Chicago corn futures closed lower on Wednesday after a day of ups and downs on improved weather outlooks for planting season in the U.S. and […] Read more

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

U.S. grains: Chicago grains down on better weather, profit-taking

U.S. winter wheat crop rating reported at lowest since 1989

By Cassandra Garrison April 5, 2023
Mexico City | Reuters — Chicago grains futures closed lower on Tuesday as traders took profits, analysts said, while improving weather forecasts eased concerns about planting in the United States. […] Read more

File photo of an irrigated alfalfa stand in Saudi Arabia. (JohnnyGreig/E+/Getty Images)
Crops, Markets

Saudi Arabia highly dependent on grain imports

Alfalfa more profitable for domestic growers

By MarketsFarm April 4, 2023
MarketsFarm — While Saudi Arabia is a giant among the oil-producing countries of the world, the desert kingdom does produce small amounts of grain. With a population that’s about one […] Read more


(Dave Bedard photo)
Crops, Markets

Canola short position finally subsiding

CBOT wheat, corn also net short

By Phil Franz-Warkentin April 4, 2023
MarketsFarm — After hitting the largest speculative short position in canola on record, managed money fund traders were finally covering those bearish bets in late March, according to the latest […] Read more

CBOT May 2023 soybeans with 20-day moving average (right column) and NYMEX May 2023 West Texas intermediate crude oil (black line, left column). (Barchart)
Crops, Markets

U.S. grains: Chicago soybeans, wheat up on energy boost

Crude oil jumps on surprise OPEC+ output cuts

By Cassandra Garrison April 4, 2023
Mexico City | Reuters — Chicago soybean and wheat futures closed higher on Monday, boosted by a rally in energy markets and concerns over U.S. crop conditions. Corn closed lower, […] Read more

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