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Tag Archives Corn


CBOT July 2023 soft red winter wheat with Bollinger bands (20,2), Minneapolis July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Chicago wheat up on Black Sea deal doubts

Cancelled China sales weigh on corn prices

By Cassandra Garrison May 4, 2023
Mexico City | Reuters — Chicago wheat hit a one-week high and closed up on Thursday as markets cautiously eye developments on the Black Sea grains corridor following a wave […] Read more

File photo of wheat south of Ethelton, Sask. on Aug. 1, 2022. (Dave Bedard photo)
Crops, Markets

CBOT weekly outlook: U.S. wheat futures correct higher

Traders' eyes remain on weather

By Phil Franz-Warkentin May 3, 2023
MarketsFarm — After dropping to their weakest levels of the past two years, U.S. wheat futures were due for the corrective bounce that saw all three markets posted sharp gains […] Read more

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

U.S. grains: Wheat rallies as tensions rise between Russia, Ukraine

Recent rains may not be enough to save U.S. wheat, traders say

By Cassandra Garrison May 3, 2023
Mexico City | Reuters — Chicago wheat rebounded from a 25-month low to close higher on Wednesday, edging up on fresh tensions between Russia and Ukraine that cast doubt on […] Read more

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

U.S. grains: Chicago wheat hits 25-month session low on good crop conditions

Market eyes talks on Black Sea grain corridor

By Cassandra Garrison May 2, 2023
Mexico City | Reuters — Chicago wheat hit a 25-month low in the session to close lower on Tuesday, on weather that looked good for U.S. crop development and improving […] Read more

(Dave Bedard photo)
Crops, Markets

Fund short position in canola grows for first time in a month

Corn moves from net long to net short

By Phil Franz-Warkentin May 2, 2023
MarketsFarm — After covering bearish bets for four straight weeks, managed money fund traders were back on the sell side of the canola market in late April, covering longs and […] Read more


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

U.S. grains: Wheat futures sink on rains, global supplies

U.S. winter wheat conditions likely improved in past week

By Karl Plume May 1, 2023
Chicago | Reuters — U.S. wheat futures tumbled to fresh lows on Monday on ample world supplies, sluggish U.S. export demand and beneficial rains in key production areas of the […] Read more

Trucks wait for crossing into Poland at the Rava-Ruska border checkpoint in Ukraine’s Lviv region on April 17, 2023. (Photo: Reuters/Roman Baluk)
Crops, Markets

Deal reached to resume Ukraine grain transit with five EU countries

Agreement includes support package for local farmers

By Reuters April 29, 2023
Brussels | Reuters — The European Commission said Friday it had reached a deal in principle to allow transit of Ukrainian grain to resume through five European Union countries that […] Read more

CBOT July 2023 soft red winter wheat with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Chicago grains up off new lows, end week higher

Wheat rebounds off another 21-month low

By Cassandra Garrison April 29, 2023
Reuters — Chicago grain and soybean futures ended higher on Friday after posting fresh lows earlier as traders anticipated hefty global supplies and kept an eye on weather in the […] Read more


Russia’s Black Sea demands cause jumpy wheat market
Markets, Markets/Business

Russia’s Black Sea demands cause jumpy wheat market

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

By Jerry Klassen April 28, 2023
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 […] Read more

CBOT July 2023 soft red winter wheat with 50-day moving average, Minneapolis July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Chicago wheat, corn hit fresh lows

Export competition, China cancellations drag on futures

By Cassandra Garrison April 27, 2023
Mexico City | Reuters — Chicago wheat futures fell for a seventh straight session on Thursday and touched a 21-month low on export competition while corn hit a nine-month low, […] Read more

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