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Tag Archives Corn


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

U.S. grains: Soybeans sag on improving Argentine crop weather

Chicago wheat up on weekly sales data

By Julie Ingwersen January 21, 2023
Chicago | Reuters — U.S. soybean futures hit a one-week low on Friday, declining for a third straight session as traders fixated on forecasts for welcome rains in drought-hit Argentina, […] Read more

Canadian and U.S. hard red spring wheat stocks will drop to historical lows at the end of the 2022-23 crop year. The wheat complex will be extremely sensitive to Western Canadian weather.
Markets, Markets/Business

Wheat market at seasonal lows; Black Sea deal tenuous

Soybean, corn markets watching South American production

By Jerry Klassen January 20, 2023
Ontario farmers have sold the bulk of their corn, soybeans and wheat, so basis levels are expected to strengthen later in winter as commercial stocks decline. Statistics Canada will release […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Prices slip during quiet January

Shortages of trucks, drivers still trouble cattle sector

By Glen Hallick January 20, 2023
MarketsFarm — With January being a quiet time there’s isn’t a whole lot of direction for feed grains, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. Prices for […] Read more

CBOT March 2023 soybeans with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soy, corn slide on forecasts for much-needed Argentine rains

New survey calls for expanded U.S. wheat acres

By Julie Ingwersen January 20, 2023
Chicago | Reuters — U.S. soybean futures fell on Thursday, retreating from seven-month highs set a day earlier as forecasts for beneficial rains in drought-hit Argentina sparked a round of […] Read more

The skeleton of a fish is seen in the Navarro lagoon, which dried up due to the climate phenomenon La Nina, in Navarro in Argentina’s Buenos Aires province on Dec. 5, 2022. (File photo: Reuters/Agustin Marcarian)
Crops

Storms to bring rain to parched Argentine fields next week, grains exchange says

Drought has limited soy, corn planting

By Reuters January 20, 2023
Reuters — A storm front should bring moderate to abundant rainfall across most of Argentina’s key agricultural area over the next week, the Buenos Aires grains exchange said on Thursday, […] Read more


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

U.S. grains: Soybeans, corn retreat off multi-month highs

Putin's comments on exports underpin wheat

By Julie Ingwersen January 19, 2023
Chicago | Reuters — U.S. corn and soybean futures settled lower on Wednesday as traders booked profits after both markets set multi-month highs and as weather forecasts promised much-needed rains […] Read more

Farmer Ignacio Bastanchuri stands in a wheat field at Navarro in Argentina’s Buenos Aires province on Dec. 5, 2022. (File photo: Reuters/Agustin Marcarian)
Crops, Markets

CBOT weekly outlook: Soy, corn markets’ eyes on South America

Wheat market remains sensitive to Ukraine news

By Phil Franz-Warkentin January 18, 2023
MarketsFarm — Soybean and corn futures at the Chicago Board of Trade were boosted by last Thursday’s bullish supply/demand estimates from the U.S. Department of Agriculture, but attention has since […] Read more

CME March 2023 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle futures sag on long liquidation, rising grains

Hogs end mixed as traders' net long position shrinks

By Julie Ingwersen January 18, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, on spillover weakness from feeder cattle futures and long liquidation as market players responded to a hefty […] Read more


CBOT March 2023 corn with 20-, 100- and 200-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soy up off early declines on export data

Chicago wheat follows suit

By Julie Ingwersen January 17, 2023
Chicago | Reuters — Chicago Board of Trade (CBOT) corn and soybean futures rallied to multi-month highs on Tuesday as signs of export demand and follow-through support from last week’s […] Read more

(PBouman/iStock/Getty Images)
Livestock, Markets

Klassen: Feeder market price discovery continues

Ontario buying interest leading Prairie market

By Jerry Klassen January 17, 2023
In last week’s issue, we mentioned there was a large discrepancy in prices across Western Canada. Compared to the third week of December, prices in Manitoba were up $8/cwt to […] Read more

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