MarketsFarm — While fears over the newly-identified Omicron COVID-19 variant caused a sharp downturn Friday in oil and equities, crop prices on the Chicago Board of Trade (CBOT) were not […] Read more
Tag Archives Corn
CBOT weekly outlook: Markets ‘resilient’ in face of Omicron
U.S. grains: Wheat extends slide as Omicron worries mount
Corn, soybeans also slip on virus fears
Chicago | Reuters — Chicago wheat prices fell to a nearly three-week low on Tuesday, as concerns that the spread of the Omicron coronavirus variant could slow the global economy […] Read more
U.S. livestock: Cattle post new highs, retreat on profit-taking
Chicago lean hogs close mixed
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose to multi-year highs on Monday but closed lower as profit-taking and technical selling clipped gains, traders said. The spread […] Read more
U.S. grains: Wheat drops as U.S. dollar edges higher
Australia forecasts record wheat crop; corn, soy down on good South America weather
Chicago | Reuters — U.S. wheat futures retreated on Monday on a firmer dollar and as a record harvest outlook from major exporter Australia eased recent concerns about rain-damaged crops. […] Read more
U.S. grains: New COVID variant scares markets
Soybeans, wheat drop; corn rebounds
Chicago | Reuters — U.S. soybean futures fell Friday as news of a new COVID-19 variant discovered in South Africa sent oil and equities markets lower, with moves exaggerated by […] Read more
Feed weekly outlook: Prairie grains remain firm
Transport issues slow U.S. corn flow
MarketsFarm — Feed grain prices in Western Canada remain strong in late November, although looming corn imports from the U.S. should keep a lid on the upside. Feed barley in […] Read more
CBOT weekly outlook: Expect sideways trading during holiday season
MarketsFarm — Just as the United States enters its holiday season, starting with Thanksgiving, one analyst said movements on the Chicago Board of Trade (CBOT) will most likely be sideways […] Read more
U.S. grains: Markets retreat on pre-Thanksgiving liquidation
CBOT wheat down off peak; corn, soy also slide
Chicago | Reuters — U.S. wheat futures fell from multi-year highs on Wednesday and corn and soybeans eased in a profit-taking and liquidation sell-off ahead of the U.S. Thanksgiving holiday. […] Read more
Klassen: Fed cattle prices down on the week
Compared to last week, Western Canadian feeder cattle prices were down $4 to $6 on average. Sub quality feeders traded as much as $8 below week ago levels. The market […] Read more
U.S. grains: Wheat rallies to nine-year peaks on supply worries
Corn extends gains, soybeans ease ahead of holiday
Chicago | Reuters — U.S. winter wheat futures rose to nine-year highs on Tuesday as declining weekly U.S. crop condition ratings stoked supply concerns and sparked fresh buying that more […] Read more