A corn crop west of Grunthal, Man. on Aug. 17, 2019. (Dave Bedard photo)

U.S. grains: Corn highest since 2013

Soy tops US$15, wheat over US$7 on supply fears

Reading Time: 2 minutes Chicago | Reuters — U.S. corn, wheat and soybean futures hit multi-year highs on Thursday as concerns about tightening global grain supplies triggered short-covering and fund-driven buying, analysts said. Nearby Chicago Board of Trade corn futures closed up their daily 25-cent limit (all figures US$). Front-month CBOT wheat rose above $7 a bushel and soybeans […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle futures extend slide as corn prices charge higher

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures closed lower on Thursday for the 10th time in the last 11 sessions, pressured by fund-driven long liquidation and soaring corn prices that threaten cattle feeders’ profits, traders said. Chicago Mercantile Exchange June live cattle futures settled down 1.4 cents at 115.85 cents/lb. (all figures US$). CME August […] Read more

CBOT May 2021 soyoil with Bollinger (20,2) bands. (Barchart)

CBOT weekly outlook: Futures very likely to remain on upswing

Soyoil driving crop commodity gains

Reading Time: < 1 minute MarketsFarm — As prices rise on the Chicago Board of Trade (CBOT), the opportunity for profit-taking becomes more prevalent. That said, values are very likely to continue increasing overall going into the week of April 26, according to analyst Terry Reilly of Futures International in Chicago. “By the end of this week, I do expect […] Read more

CBOT May 2021 corn (candlesticks) with 20- and 40-day moving averages (yellow and orange lines). (Barchart)

U.S. grains: Corn, soy climb to multi-year highs

Tight supplies, weather woes supportive; wheat also up

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures climbed to multi-year highs on Wednesday, supported by firm cash markets as old-crop supplies dwindle and weather issues threaten prospects for the 2021 harvests, analysts said. Wheat futures also rose, drawing additional support from frosty temperatures in the Plains and Midwest. Chicago Board of Trade May […] Read more

CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, red lines) and August 2021 feeder cattle (black line). (Barchart)

U.S. livestock: Cattle, hog futures sag on technical selling

Wholesale beef prices supportive

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures closed lower on Wednesday on lacklustre cash markets, soaring feed costs and technical selling, traders said. Chicago Mercantile Exchange June live cattle futures settled down 1.95 cents at 117.25 cents/lb., with chart-based selling accelerating as the contract fell below its 100-day moving average near 117.65 cents (all figures […] Read more


CME June 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle bounce after eight-session skid

Lean hogs up on demand, cash prices

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed higher on Tuesday for the first time in nine sessions as brisk demand for beef and a rally in lean hog futures prompted a round of bargain-buying, traders said. Chicago Mercantile Exchange June live cattle settled up 0.6 cent at 119.2 cents/lb., and August feeder cattle […] Read more

CBOT July 2021 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn tops $6 a bushel, soy at seven-year high

CBOT wheat also books life-of-contract high

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures climbed to their highest in nearly eight years on Tuesday and soybean futures neared a seven-year high as tightening supplies supported cash markets and attracted speculative buying, analysts said. Worries about dry conditions curbing corn yields in Brazil and cold weather slowing germination of the 2021 U.S. crop […] Read more

CME June 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle futures extend slide

CME lean hogs rebound

Reading Time: < 1 minute Chicago | Reuters — CME Group live cattle futures fell on Monday, extending their slide to eight straight sessions on long liquidation and signs that surging wholesale beef prices may have reached a seasonal top, analysts said. Feeder cattle futures felt additional pressure from a jump in Chicago Board of Trade corn futures, a sign […] Read more


CBOT May 2021 corn (candlesticks) with 20-day moving average (yellow line) and December 2021 corn (orange line). (Barchart)

U.S. grains: Corn up on weather outlook, weaker dollar

CBOT May wheat down, K.C. May wheat up

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose on Monday, flirting with multi-year highs set last week, as forecasts for frosty weather and precipitation raised concerns about the pace of planting and germination, analysts said. A weaker dollar lent support, theoretically making U.S. grains more competitive globally. Soybeans followed corn higher, but wheat was choppy, […] Read more

CBOT May 2021 soybeans (candlesticks) with 20-, 40- and 50-day moving averages (gold, green and black lines). (Barchart)

U.S. grains: Soybean futures rise

Wheat eases, corn mixed, traders focused on weather

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Friday, gaining ground on corn contracts as the market tried to entice farmers to boost acreage of the oilseed despite the yellow grain’s rally to its highest in nearly eight years earlier this week. “The last two weeks all the talk has been about the corn […] Read more