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Tag Archives k.c. wheat — page 23

CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybeans slide on slowing exports, Argentina rains

USDA confirms more U.S. corn sales to China

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Chicago | Reuters — U.S. soybean futures retreated on Wednesday on slowing export sales as global demand shifts to South American supplies and as U.S. farmers prepare to dramatically increase plantings of the oilseed this spring. Corn futures were mixed, with the nearby contract firming as strong sales to China stoked concerns about tightening supplies. […] Read more
(Dave Bedard photo)
Crops, Markets

Funds add to net longs in canola, U.S. futures

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MarketsFarm — The large managed-money net long positions in soybean, corn and canola futures increased during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders were holding a net long position in ICE Futures canola of 43,967 contracts as […] Read more
(File photo by Dave Bedard)
Crops, Markets

Funds’ net long position edges lower in canola

Net long increased in MGEX and K.C. wheats

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MarketsFarm — Funds’ large net long position in canola narrowed slightly during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed-money fund traders as of Tuesday were holding a net long position in ICE Futures canola of 51,614 contracts, down by about […] Read more
(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Bids track rally in U.S. futures

Loonie up by a third of a cent on the week

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MarketsFarm — Spring wheat bids in Western Canada climbed higher during the week ended Thursday, as a rally in U.S. futures more than countered any bearish influence from a rising Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $11.50-$13 per tonne, according to price quotes from […] Read more
K.C. March 2021 hard red wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat rises on Russian export tax plan

Corn, soybeans fall on profit-taking

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Chicago | Reuters — U.S. wheat futures rose on Friday, supported by Russia’s plan to double its tax on exports of the grain, while corn and soybeans fell as traders took money out of the market following their surge to multi-year highs earlier in the week. Wheat traded both sides of unchanged, ending in positive […] Read more
CBOT March 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: CBOT corn touches 7-1/2-year high

Chicago wheat, soybeans down on profit-taking

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Chicago | Reuters — U.S. corn futures rose 1.4 per cent on Wednesday, hitting a 7-1/2-year high with the market focused on prospects for tight global supplies after the U.S. Department of Agriculture cut production estimates for the U.S., Brazil and Argentina. “The number on corn was a game changer yesterday,” said Dan Smith, senior […] Read more
(File photo by Dave Bedard)
Crops, Markets

Funds sitting on large net long in canola

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MarketsFarm — The net long position fund traders are holding in canola futures remains historically large, with almost all of the managed money in the market sitting on the long side, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders as of Tuesday […] Read more

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