CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: CBOT soybeans jump after insufficient Brazil rains

Wheat down more than one per cent

Chicago | Reuters — Chicago soybean futures rose two per cent on Monday, supported by brutally hot weather in Brazil that is likely to continue to stress crops despite some rains over the weekend coupled with the results of Sunday’s presidential election in Argentina. Chicago Board of Trade (CBOT) corn rose more than 0.5 per […] Read more

CBOT December 2023 soft red winter wheat with 20-day moving average, MGEX December 2023 hard red spring wheat (yellow high/low/close) and K.C. December 2023 hard red winter wheat (orange HLC). (Barchart)

U.S. grains: Wheat down on supply concerns, soft demand

K.C., MGEX wheats also set contract lows; corn, soy up

Chicago | Reuters — U.S. wheat futures fell across the board on Tuesday on soft demand and as supply concerns weakened in the Southern Hemisphere, while soybean futures pushed higher on adverse weather in Brazil. The most-active wheat contract on the Chicago Board of Trade (CBOT) ended down 9-3/4 cents at $5.56-1/4 per bushel and […] Read more

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

U.S. grains: Wheat up off two-week low on Ukraine export uncertainty

Ukraine denies suspension of Black Sea export corridor

Chicago | Reuters — Chicago Board of Trade wheat futures rose from a two-week low on Thursday on jitters about supply risks from the Ukraine war. Ukraine, a major grain exporter, has been using a Black Sea shipping channel to try to revive its seaborne shipments without Russian approval after Moscow in July quit a […] Read more

A soybean field north of St. Adolphe, Man. on Sept. 17, 2023. (Dave Bedard photo)

CBOT weekly outlook: Seasonal harvest pressure weighs on soy, corn

Soyoil/meal spread worth watching

MarketsFarm — Soybean and corn futures at the Chicago Board of Trade may be hard pressed to move much higher in the short-term, as advancing harvest operations across the U.S. leave the market flush with supplies. However, solid underlying demand should remain supportive on the other side, according to an analyst. “Seasonal harvest pressure is […] Read more

Chickpea curry. (Modesigns58/iStock/Getty Images)

Pulse weekly outlook: Activity to ramp up for chickpeas

'Quality was good, yields were lower'

MarketsFarm — Things are quiet right now on the chickpea front, but that could change in a few weeks, according to Jake Hansen of Mid-West Grain in Moose Jaw. “I think everyone’s getting prepped and ready for Argentina’s harvest, but it’s quiet,” he said. “There’s still movement on previous contracts, but not a lot of […] Read more


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

U.S. grains: Soybean, corn futures weaken as harvests progress

CBOT wheat rises on bargain buying

Chicago | Reuters — Chicago Board of Trade soybean futures finished lower on Monday as advancing U.S. harvests uncovered strong yields and increased farmers’ sales of their crops, analysts said. Pressure from harvests also hung over corn futures. U.S. farmers have finished harvesting 76 per cent of the country’s soybeans and 59 per cent of […] Read more

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

U.S. grains: Corn drops back below US$5

Soybeans down off one-month high

Chicago | Reuters — Chicago Board of Trade corn futures closed lower after hitting their highest price since August on Friday, while soybean futures retreated from a one-month high. Traders took profits after the markets rose earlier on concerns about a drought in Brazil disrupting grain shipments on rivers and slowing soy plantings, analysts said. […] Read more

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

CBOT weekly outlook: Corn rangebound, soybeans rising, wheat erratic

Chicago wheat fluctuation 'just drives you nuts'

MarketsFarm — While soybean futures at the Chicago Board of Trade have moved higher over the past week, corn was rangebound and wheat lacked any clear direction in choppy trade, making it hard to predict where values may go from here, according to Scott Capinegro of Barrington Commodities in Barrington, Ill. Capinegro said the December […] Read more


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

U.S. grains: Wheat dips after earlier strength

Black Sea supplies weigh on market

Chicago | Reuters — U.S. wheat prices reversed earlier gains to close lower on Friday, as markets weighed tight global stocks against the prospect of hefty Russian wheat production and efforts to renew a Black Sea grain deal. Chicago soybeans and corn also climbed after month-end positioning pushed futures lower much of the week and […] Read more

Russia’s Black Sea demands cause jumpy wheat market

Russia’s Black Sea demands cause jumpy wheat market

An opportunity may arise for new-crop wheat sales, depending on future of shipping agreement

From March 15 through April 15, southern Ontario received above normal precipitation with some areas receiving as much as 100 to 125 millimetres of rain. Temperatures were two to three degrees below normal. The weather trend is cool and wet. U.S. and Ontario farmers could plant corn and soybeans 10-15 days later than normal, which […] Read more