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Tag Archives mgex


(File photo by Dave Bedard)
Crops, Markets

Canola net long position smallest in 10 months

By Phil Franz-Warkentin June 18, 2022
MarketsFarm — The net long position held by fund traders in the ICE Futures canola market continued to dwindle in the latest Commitment of Traders (CoT) report compiled by the […] Read more

ICE July 2022 canola (candlesticks) with Bollinger bands (20,2) and November 2022 canola (yellow line). (Barchart)
Crops, Markets

ICE weekly outlook: ‘Meltdown’ not yet on canola market radar

By Glen Hallick June 1, 2022
MarketsFarm — There’s more to the sharp decline in U.S. wheat and corn futures than the possibility of Ukrainian exports returning to the global market along with the massive liquidation […] Read more

(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Talk of Black Sea corridor weighs on week’s bids

By Adam Peleshaty May 28, 2022
MarketsFarm — The prospect of Russia allowing food shipments to leave Ukraine — albeit with a few concessions — was the key factor in declining bids for western Canadian wheat […] Read more

CBOT July 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Rainy forecast pushes soy to three-month high

Wheat mixed, corn weak

By Mark Weinraub May 26, 2022
Chicago | Reuters — U.S. soybean futures rallied 2.7 per cent to a three-month high on Thursday as the latest weather forecasts for key northern growing areas turned wet again, […] Read more

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

CBOT weekly outlook: Rallies end as plantings continue slow pace

By Adam Peleshaty May 18, 2022
MarketsFarm — Soybean and wheat prices on the Chicago Board of Trade (CBOT) rallied throughout the week, but may start to ease as spring plantings progress. Terry Reilly, senior agriculture […] Read more


(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Bids climb higher

By Phil Franz-Warkentin May 14, 2022
MarketsFarm — A rally in U.S. wheat futures together with a downturn in the Canadian dollar combined to take Prairie wheat bids sharply higher during the second week of May. […] Read more

CBOT July 2022 soft red wheat (candlesticks) with MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: CBOT wheat, corn ease off rally on supply concerns

Export outlook, crude oil support soybeans

By Tom Polansek May 14, 2022
Chicago | Reuters — Chicago Board of Trade wheat and corn futures weakened on Friday, a day after rising on U.S. Department of Agriculture forecasts that indicated tightening global supplies. […] Read more

K.C. July 2022 hard red wheat (candlesticks) with MGEX July 2022 spring wheat (yellow line) and CBOT July 2022 wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheats up on ‘indisputably bullish’ cuts to harvest estimates

MGEX July wheat limit up, K.C. July wheat hits contract high

By Tom Polansek May 12, 2022
Chicago | Reuters — U.S. wheat futures set contract highs on Thursday as the U.S. Department of Agriculture (USDA) slashed its production forecast for the variety that is grown in […] Read more


MGEX July 2022 spring wheat (candlesticks) with CBOT July 2022 wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Supply worries, weather spur rallies

Market awaits USDA world crop report; rains delay U.S. spring wheat plantings

By Tom Polansek May 11, 2022
Chicago | Reuters — Chicago Board of Trade grain and soybean futures jumped on Wednesday, as traders uneasy about world supplies adjusted positions a day before the release of U.S. […] Read more

(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Weather, loonie raise wheat bids

By Adam Peleshaty April 30, 2022
MarketsFarm — Adverse weather on both ends of the U.S. Plains as well as a weaker Canadian dollar were both supportive factors for western Canadian wheat bids for the week […] Read more

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