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Tag Archives markets


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

U.S. grains: Wheat down off two-week high on global demand

U.S. says soybean harvest is 62 per cent complete

By Tom Polansek October 17, 2023
Chicago | Reuters — Chicago Board of Trade wheat futures ended lower on Monday after rising earlier to their highest level in more than two weeks on hopes for global […] Read more

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

U.S. grains: Soy, corn slip on profit taking, macro pressure

Exports lift wheat futures

By Karl Plume October 14, 2023
Chicago | Reuters — U.S. soybean futures retreated on Friday on profit-taking after hitting two-week highs in the previous session and as souring consumer sentiment and inflation worries hung over […] Read more

CBOT November 2023 soybeans with 20- and 50-day moving averages and December 2023 soymeal (dark grey line, left column). (Barchart)
Crops, Markets

U.S. grains: Chicago soybeans surge after USDA projects smaller soy, corn crops

CBOT corn, wheat also higher

By Zachary Goelman October 12, 2023
New York | Reuters — Chicago soybean and corn futures shot up on Thursday following a closely watched U.S. government report forecasting a smaller corn and soybean harvest than previously […] Read more

(Christophe Paul photo courtesy USDA)
Crops, Markets

CBOT weekly outlook: Markets react bullishly to USDA report

Corn, soy production estimates revised lower

By Adam Peleshaty October 12, 2023
MarketsFarm — Most of the October world agricultural supply/demand estimates (WASDE) released Thursday from the U.S. Department of Agriculture (USDA) came out lower than trade expectations, causing price jumps on […] Read more

(Geralyn Wichers photo)
Crops, Markets

Feed weekly outlook: Demand for feed grains ‘in a lull’

U.S. corn harvest a work in progress

By Adam Peleshaty October 12, 2023
MarketsFarm — Despite prices continuing to come down for feed grains in Western Canada, demand for them is currently at a standstill, according to Susanne Leclerc of Market Master Ltd. […] Read more


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

U.S. grains: Chicago soy touches 22-month low ahead of USDA report

CBOT wheat also lower; corn firm

By Zachary Goelman October 11, 2023
New York | Reuters — Chicago soybean and wheat futures fell on Wednesday, and corn futures firmed as the markets turned their attention to widely-followed U.S. government crop forecasts. The […] Read more

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

U.S. grains: Soybeans lifted by bright report on export demand

CBOT wheat down sharply, corn also lower

By Zachary Goelman October 10, 2023
New York | Reuters — Chicago soybean futures rose on Tuesday, rebounding sharply from early losses on lift from technical trading and data showing a pickup in exports of the […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Steam evaporates off yearling market

August 2024 feeder futures at a premium

By Jerry Klassen October 10, 2023
Compared to last week, western Canadian yearling markets traded steady to $4 lower. The yearling quality continues to fade as thicker flesh levels are starting to appear. Steer calves were […] Read more


CBOT December 2023 corn with 20- and 50-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn falls, soy eases as focus moves to U.S. harvest

Chicago wheat closes higher

By Zachary Goelman October 10, 2023
New York | Reuters — Chicago corn and soybean futures fell on Monday on an acceleration in the pace of the harvest in the U.S. Midwest, reversing overnight gains triggered […] Read more

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

U.S. grains: Soy, corn futures fall as harvest accelerates

CBOT December wheat turns lower

By Zachary Goelman October 7, 2023
New York | Reuters — Chicago soybean and corn futures fell on Friday due to profit-taking after the previous day’s rally and forecasts of favourable harvest weather this weekend. Wheat […] Read more

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