Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures closed lower on Friday on technical selling ahead of a long holiday weekend and uncertainty about U.S. export prospects, traders said. Wheat futures followed the weak trend, drifting lower in rangebound trade. A stronger dollar hung over the markets, making U.S. grains and soy less competitive […] Read more
Tag Archives cbot
U.S. grains: Corn, soy, wheat end lower ahead of long weekend
Prairie cash wheat: Bids mostly weaker on U.S. price declines
Reading Time: 2 minutes MarketsFarm — Bids in Western Canada for the week ended Thursday were steady to lower for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and durum (CWAD) wheats, as declines in U.S. wheat prices weighed on values. The Canadian dollar was up two-10ths of a U.S. cent during the week, which also put […] Read more
U.S. grains: Soy up on prospects for Chinese demand
U.S. dollar strength drags on wheat, corn
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Thursday, rallying from early declines on short-covering and prospects for China to step up purchases of U.S. supplies as the U.S.-China Phase One deal goes into effect in days, traders said. But wheat and corn futures fell, pressured by a stronger U.S. dollar, worries about economic […] Read more
CBOT weekly outlook: Soy, corn wait for next big thing
Reading Time: < 1 minute MarketsFarm — Soybean and corn futures at the Chicago Board of Trade have recovered off of nearby lows, but remain rangebound overall waiting for fresh news to push values one way or the other. The U.S. Department of Agriculture holds its Agriculture Outlook Forum on Feb. 20-21. USDA’s first acreage and supply/demand estimates for the […] Read more
U.S. grains: Wheat rallies from near two-month low
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Wednesday, rebounding from a near two-month low with support from a broad rally in commodities and Wall Street equities tied to optimism that the coronavirus epidemic will be contained, traders said. Corn and soybean futures also advanced. Chicago Board of Trade March wheat settled up 5-1/2 […] Read more
U.S. grains: Wheat sags on adequate world supplies, fund selling
Corn follows wheat lower; soy flat
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell to a seven-week low on Tuesday as signs of adequate global supplies and softening world cash prices triggered a round of what appeared to be fund-driven long liquidation, analysts said. Corn futures also fell while soybeans ended flat to fractionally higher after the U.S. Department of Agriculture […] Read more
U.S. grains: Soybeans up as China pledges to fulfill purchases
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for a sixth straight session on Monday on expectations that Beijing will meet the purchasing targets agreed in the Phase One trade deal with Washington, although concerns about the coronavirus outbreak in China capped gains. The most active soybean futures contract on the Chicago Board Of Trade […] Read more
Fund traders add to bearish bets in canola
Reading Time: < 1 minute MarketsFarm — Large fund traders were busy adding to short positions in canola, soybeans and corn during the first few trading days of February, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at […] Read more
U.S. grains: Wheat, corn up on technical buying, export optimism
Soybean traders remain cautious
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures rose on Thursday on chart-based buying and short-covering coupled with optimism about prospects for U.S. agricultural export sales to China, traders said. Soybean futures firmed but trailed the advances in grains. Chicago Board of Trade March corn settled up 4-1/4 cents at $3.83-1/2 per bushel after […] Read more
U.S. grains: Corn, wheat slide on strong dollar, export uncertainty
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat and corn futures fell on Thursday as a strengthening dollar dampened U.S. export prospects and traders continued to wait for signs of China buying agricultural goods, analysts said. Soybean futures eked out a modest advance. Chicago Board of Trade March corn settled down 1-1/2 cents at $3.79-1/4 per bushel […] Read more
GFM Podcasts
Farmtario is a new source of farming information that provides the most useful independent insight for Ontario farmers, including news, crop and livestock production, markets and a deep understanding of how technology and data are being adopted on farms.