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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: Chicago grains end week higher on export demand, Black Sea jitters

Soy pushed down for fifth consecutive week

By Cassandra Garrison March 18, 2023
Chicago | Reuters — Chicago wheat and corn futures posted weekly gains for the first time in five weeks, ending stronger on Friday on high demand for U.S. corn exports […] Read more

China’s Ministry of Foreign Affairs issued a press release noting the importance of maintaining the Black Sea Grain Initiative.
Markets, Markets/Business

China supports extension of Black Sea Grain Initiative

Support document has calmed traders’ concerns and market uncertainty regarding corn and wheat exports from Black Sea ports, for now

By Jerry Klassen March 17, 2023
Ontario cash corn prices dropped nearly 50 cents per bushel, on average, between Feb. 21 and March 7, while soft red winter wheat values fell by approximately 75 cents per […] Read more

Barley. (Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Grains wait for demand to pick up

Trucking availability still seen as an issue, but less of one

By Glen Hallick March 16, 2023
MarketsFarm — As feed barley continued to sit in a lull, there have been some increases in feed wheat, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. “There’s […] Read more

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

U.S. grains: Chicago corn closes higher on consecutive China flash sales

Argentina slashes estimate for 2022-23 harvesting season

By Cassandra Garrison March 16, 2023
Chicago | Reuters — Chicago corn futures ended higher for a third straight session on Thursday on U.S. export demand, while wheat lost ground as the United Nations pushed for […] Read more

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

CBOT weekly outlook: ‘Crazy times’ on the markets

U.S. stock markets, crude oil under pressure

By Adam Peleshaty March 16, 2023
MarketsFarm — Macroeconomic factors caused plenty of distress on the Chicago Board of Trade (CBOT) for the week ended Wednesday. Already dealing with whether the U.S. Federal Reserve will continue […] Read more


CBOT May 2023 soft red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Chicago wheat, corn up on Chinese demand, Black Sea outlook

Soy dips on sharp fall in stock, oil markets pressure

By Cassandra Garrison March 16, 2023
Chicago | Reuters — Chicago wheat and corn futures closed higher on Wednesday on strong demand from China and uncertainty over a Black Sea grain export deal as a deadline […] Read more

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

U.S. grains: Wheat, corn rally from multi-month lows

Ukraine corridor talks eyed

By Julie Ingwersen March 14, 2023
Chicago | Reuters — U.S. wheat and corn futures rose on Tuesday, rebounding from multi-month lows set last week, as Wall Street equity markets turned higher and signs of fresh […] Read more

CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (orange open/high/low/close) and K.C. May 2023 hard red winter wheat (orange O/H/L/C). (Barchart)
Crops, Markets

U.S. grains: Wheat slightly rebounds; corn, soy dip

Market volatility over banking sector hits grains prices

By Cassandra Garrison March 13, 2023
Chicago | Reuters — Chicago grains see-sawed on Monday, piggybacking on U.S. stocks that were spooked by global economic concerns after the tech-focused lender Silicon Valley Bank collapsed. The most-active […] Read more


(Thinkstock photo)
Crops, Markets

Prairie cash wheat: U.S. futures drag down wheat bids

Potential for more interest rate hikes remains

By Adam Peleshaty March 11, 2023
MarketsFarm — Hawkish comments from the chair of the U.S. Federal Reserve and the possible renewal of the Black Sea Grain Initiative brought down wheat futures on the Chicago Board […] Read more

(File photo by Dave Bedard)
Crops, Markets

Confirmation of large canola short position slowly appears

CFTC data flow slowly resuming

By Phil Franz-Warkentin March 11, 2023
MarketsFarm — The size of the fund short position in canola rose in February and likely grew even larger in March, as weekly Commitments of Traders data slowly trickles out […] Read more

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