Chicago Board of Trade corn futures resumed a rally on Thursday as concerns over dryness in Argentina and tighter U.S. stocks propelled futures to the highest price seen in more than 14 months, traders said.
Wheat
U.S. grains: CBOT corn hits an over one-year high on South American weather worries
U.S. grains: Chicago soy, corn futures lower on profit-taking, Argentina weather
Chicago corn and soybean futures eased from the previous session's multi-month peaks on Wednesday on profit taking and timely rains forecast for Argentina, said analysts.
CBOT Weekly: Headlines dictate U.S. futures
Tariff threats, weather cause up-and-down trade
Tariff threats from U.S. President Donald Trump as well as weather concerns at home and abroad are creating a roller-coaster ride for U.S. grain futures during the week ended Jan. 22, 2025.
U.S. grains: Corn, soy rally as Trump postpones threatened tariffs
Chicago Board of Trade corn futures hit a fresh one-year high on Tuesday, as the tariffs promised by newly sworn-in U.S. President Donald Trump did not materialize, traders said.
AAFC forecasts more Canadian wheat acres, less canola in 2025
Canadian farmers will plant more wheat and coarse grains in 2025 at the expense of oilseeds, according to the first supply/demand projections for the 2025/26 marketing year from Agriculture and Agri-Food Canada, released Jan. 20.
We’ve seen trade wars before, but this time is different
Canadian farmers are both being caught in the crossfire and, at the same time, targeted by looming trade spats
The U.S. and China are squaring up for a trade showdown while also taking aim at Canada, and that makes for a different kind of trade war than Canadian farmers have weathered before.
U.S. grains: Corn, soy climb on US-China optimism, Argentina weather jitters
U.S. corn futures climbed two per cent to a fresh one-year high on Friday and soybeans rose about 1.5 per cent ahead of a long holiday weekend, lifted by Argentine weather worries and cautious optimism about U.S.-China trade relations, analysts said.
Bunge-Viterra deal ‘effectively ends competition’ says NFU
Feds’ conditions not near enough to alleviate concerns
The National Farmers Union denounced the approval of the Bunge-Viterra merger in a statement released on Jan. 17. The NFU said the multi-billion dollar deal “effectively ends competition in Canada’s agricultural commodity sector,” as it creates the world’s largest agricultural commodity trader, and it will control 40 per cent of the Canadian grain market.
High-protein wheat expected to survive tariffs
Analysts say the global appeal of Canadian Western Red Spring wheat will help cushion the effects of any U.S. levies
A 25 per cent tariff on all Canadian goods exported to the United States would be painful, say market analysts, but some agricultural sectors, such as canola, may feel it more than others. Meanwhile, high-protein wheat classes such as Canadian Western Red Spring (CWRS) may survive the new world order of international trade.
U.S. grains: Soy, corn futures retreat on profit-taking
U.S. soybean futures fell about two per cent on Thursday as forecasts for much-needed rains in dry areas of Argentina's crop belt and expectations of a massive Brazilian soy harvest sparked a round of profit-taking, analysts said.