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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, corn get boost off weaker dollar after multi-month lows

Expectations grow for Black Sea deal extension

By Cassandra Garrison March 11, 2023
Chicago | Reuters — Chicago wheat futures closed higher on Friday, boosted by a weaker U.S. dollar, after hitting a 20-month low, while corn futures rose from a seven-month low. […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Corn the choice crop in feedlots

'Bigger feedlots are looking for volume'

By Adam Peleshaty March 10, 2023
MarketsFarm — Copious amounts of corn are still being delivered to feedlots in southern Alberta despite slowly declining prices for other feed grains. “Corn is coming down over the last […] Read more

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

U.S. grains: Chicago corn dampened by prediction of El Nino rain

Black Sea export deal hopes drag wheat to 18-month low

By Cassandra Garrison March 10, 2023
Chicago | Reuters — Chicago corn futures hit their lowest price since August on Thursday on expectations that the El Nino climate phenomenon could boost U.S. crops and concerns about […] Read more

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

U.S. grains: Wheat at 18-month low on Black Sea deal hope

Soybeans boosted by slash to Argentina harvest

By Cassandra Garrison March 9, 2023
Chicago | Reuters — Chicago wheat futures on Wednesday fell to their lowest point in 18 months on expectations for a Black Sea grains deal and continued poor demand for […] Read more

A wall in the medina (ancient city quarter) of Rabat, Morocco’s capital. (Cia.gov)
Crops, Markets

Morocco adjusts wheat import scheme in nod to Black Sea

Move could bump up competition among exporters

By Ahmed Eljechtimi, Gus Trompiz March 8, 2023
Rabat/Paris | Reuters — Morocco, a major cereal importer, has modified its wheat import subsidy scheme to make it easier for companies to bring in cargoes from the Black Sea […] Read more


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

U.S. grains: Wheat rebounds off 17-month low

USDA's new WASDE awaited

By Cassandra Garrison March 8, 2023
Chicago | Reuters — Chicago wheat futures edged higher on Tuesday, consolidating above a 17-month low as the market assessed mixed growing conditions in the U.S. Plains and awaited further […] Read more

CBOT May 2023 soft red spring 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 below US$7 on hopes for Ukraine export extension

CBOT corn down, soybeans up

By Julie Ingwersen March 7, 2023
Chicago | Reuters — Benchmark Chicago wheat futures dropped below US$7 per bushel on Monday for the first time in 17 months, pressured by reminders of adequate global supplies and […] Read more

(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Bids dip with U.S. futures

Canadian dollar also down on week

By Phil Franz-Warkentin March 4, 2023
MarketsFarm — Spring wheat bids in Western Canada posted losses during the week ended Thursday, underpinned as losses in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS, […] Read more


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

U.S. grains: Soybean, corn futures end week strong

Chicago May wheat falls

By Mark Weinraub March 4, 2023
Chicago | Reuters — U.S. soybean futures rose for the third consecutive day on Friday, supported by expectations that the soy crop in global supplier Argentina is smaller than estimated […] Read more

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

U.S. grains: Soybeans up on technical bounce

Wheat firm; corn weak

By Mark Weinraub March 3, 2023
Chicago | Reuters — U.S. soybean futures rose on Thursday, extending their rebound from the one-month low hit this week on a round of technical buying, traders said. “I think […] Read more

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