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Wheat


CBOT March 2021 soybeans (candlesticks) with 20-day moving average (green line) and ICE March 2021 canola (yellow line). (Barchart)
Crops, Markets

U.S. grains: South American supply issues wane

Soy up, but off early gains; corn boosted by export demand

By Christopher Walljasper January 22, 2021
Chicago | Reuters — Chicago soybeans ended the session slightly up after a three-session losing streak on Thursday, but larger early gains were erased as rains across South America eased […] Read more

(File photo)
Crops, Markets

Feed weekly outlook: Offshore demand still lifting Prairie barley

By Phil Franz-Warkentin January 21, 2021
MarketsFarm — Solid offshore demand for Canadian barley remains the key driver in the domestic feed market, keeping prices high. “It’s certainly not driven by southern Alberta, it’s driven by […] Read more

CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybeans fall, pressured by fund selling

Brazil, Argentina showers ease soy, corn supply concerns

By Christopher Walljasper January 20, 2021
Chicago | Reuters — Chicago soybean futures fell on Wednesday, touching their lowest in more than a week, pressured by technical selling combined with rains across South America, which eased […] Read more

CBOT March 2021 soybeans with 20-, 30- and 50-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans fall on South American rainfall

Russian export tax supports U.S. wheat; corn follows soybeans

By Christopher Walljasper January 19, 2021
Chicago | Reuters — Chicago soybean futures slid on Tuesday as rain across South America strengthened crop prospects and bolstered the global supply outlook, traders said. Corn followed soybeans lower, […] Read more

File photo of a Chinese cornfield. (Baona/iStock/Getty Images)
Crops, Markets

China’s 2020 corn, wheat imports reach record highs

By Reuters January 18, 2021
Beijing | Reuters — China’s grains imports soared to record highs in 2020, customs data showed on Monday, after tight domestic corn supplies pushed prices to multi-year peaks, driving demand […] Read more


(File photo by Dave Bedard)
Crops, Markets

Funds’ net long position edges lower in canola

Net long increased in MGEX and K.C. wheats

By Phil Franz-Warkentin January 16, 2021
MarketsFarm — Funds’ large net long position in canola narrowed slightly during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures […] Read more

(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Bids track rally in U.S. futures

Loonie up by a third of a cent on the week

By Phil Franz-Warkentin January 16, 2021
MarketsFarm — Spring wheat bids in Western Canada climbed higher during the week ended Thursday, as a rally in U.S. futures more than countered any bearish influence from a rising […] Read more

The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)
Crops, Machinery, Markets

Trump administration mulls industry-wide biofuel waiver

Comment period would end after Trump's exit

By Stephanie Kelly January 15, 2021
New York | Reuters — The Trump administration is considering requests from the oil refining industry and its backers for a sweeping nationwide waiver to exempt them from their obligations […] Read more


K.C. March 2021 hard red wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat rises on Russian export tax plan

Corn, soybeans fall on profit-taking

By Mark Weinraub January 15, 2021
Chicago | Reuters — U.S. wheat futures rose on Friday, supported by Russia’s plan to double its tax on exports of the grain, while corn and soybeans fell as traders […] Read more

CBOT March 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans, corn, wheat rally

Futures up, but below recent peaks

By Mark Weinraub January 14, 2021
Chicago | Reuters — U.S. soybean futures rose 1.7 per cent on Thursday, underpinned by the strong demand highlighted in the U.S. Agriculture Department’s monthly supply and demand report on […] Read more

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