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Tag Archives crude oil


CBOT May 2020 corn (candlesticks) with 20-, 50- and 100-day moving averages, and NYMEX May 2020 WTI crude oil (purple line). (Barchart)
Crops, Markets

U.S. grains: Corn hits lowest since September 2009

Soybeans firm on bargain buying; wheat mixed

By Mark Weinraub April 21, 2020
Chicago | Reuters — U.S. corn futures fell 1.4 per cent on Tuesday to a fresh 10-1/2-year low as crumbling demand for fuel due to the global coronavirus pandemic threatened […] Read more

CBOT May 2020 corn (candlesticks) and NYMEX May 2020 WTI crude oil (blue line). (Barchart)
Crops, Markets

U.S. grains: Corn sinks to lowest since 2009 as crude oil turns negative

Russian export curbs support CBOT wheat

By Mark Weinraub April 20, 2020
Chicago | Reuters — Chicago Board of Trade corn futures sagged 2.6 per cent to its lowest since September 2019, with a plunging crude oil market slashing demand for ethanol, […] Read more

CBOT May 2020 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Chicago wheat stabilizes

Corn steady after lows; soybeans continue to slip

By Christopher Walljasper April 18, 2020
Chicago | Reuters — Chicago wheat futures rose on Friday, as traders wrestled with conflicting signals — from concerns over export demand of U.S. crops to the potential of weather […] Read more

ICE May 2020 canola (candlesticks, in Cdn$) and CBOT May 2020 soymeal (yellow line, US$). (Barchart)
Crops, Markets

ICE weekly outlook: Loonie’s rally kept canola lower

CBOT soymeal, soyoil also drag on canola

By Glen Hallick April 15, 2020
MarketsFarm — Canola prices dropped over the last week due to a combination of factors, according to David Derwin of PI Financial in Winnipeg. The Canadian dollar was one of […] Read more

CBOT July 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

CBOT weekly outlook: Poor ethanol demand weighing on corn

By Phil Franz-Warkentin April 15, 2020
MarketsFarm — Losses in crude oil and ethanol have weighed heavily on grain and oilseed markets, with Chicago Board of Trade corn falling to fresh contract lows Wednesday. General uncertainty […] Read more


(File photo by Greg Berg)
Crops, Markets

U.S. grains: Soybeans drop as livestock markets drag soymeal lower

Wheat eases on global supply; corn unfazed by crude oil deal

By Christopher Walljasper April 14, 2020
Chicago | Reuters — Chicago soybean futures fell more than one per cent on Monday in the market’s steepest drop in 1-1/2 weeks, as livestock processing plant closures that impact […] Read more

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

CBOT weekly outlook: Corn values stabilize

By Marlo Glass April 10, 2020
MarketsFarm — The April world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture didn’t hold much sway over corn on the Chicago Board of Trade (CBOT) […] Read more

CBOT May 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn rally sputters, wheat slides on growing conditions

Soybeans up, eyes on South American crop

By Christopher Walljasper April 7, 2020
Chicago | Reuters — A rally in Chicago corn futures on Tuesday that was buoyed by a run-up in the energy market sputtered by day’s end as crude oil prices […] Read more


CBOT May 2020 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Wheat firms after four-day slide

Corn hits 3-1/2-year low

By Christopher Walljasper April 3, 2020
Chicago | Reuters — U.S. wheat futures rose on Friday, bouncing after a four-day slide, as traders weighed the threat of a deep economic downturn due to the coronavirus epidemic […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Barley, wheat remain firm

Feed corn values follow U.S. ethanol lower

By Glen Hallick April 2, 2020
MarketsFarm — Prices for feed barley and wheat have firmed up across the Prairies amid the COVID-19 pandemic, said trader Allen Pirness of Market Place Commodities in Lethbridge. However, he […] Read more

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