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Tag Archives south america


ICE March 2022 canola (candlesticks) with 20-day moving average (yellow line) and November 2022 canola (green line, left column). (Barchart)
Crops, Markets

ICE weekly outlook: Despite declines, signs point to increases for canola

By Glen Hallick January 13, 2022
MarketsFarm — Although old-crop canola was falling back midway through the week of Jan. 10, analyst David Derwin of PI Financial in Winnipeg said the oilseed should “grind higher” in […] Read more

CBOT March 2022 wheat (candlesticks) with K.C. March 2022 wheat (yellow line) and MGEX March 2022 wheat (green line, left column). (Barchart)
Crops, Markets

U.S. grains: Wheat futures fall on bigger-than-expected plantings, stocks

Winter wheat plantings exceed analysts' expectations; USDA also cuts corn, soybean crop estimates in South America

By Tom Polansek January 12, 2022
Chicago | Reuters — U.S. wheat futures extended losses on Wednesday after the U.S. Department of Agriculture projected that domestic farmers planted more acres than traders anticipated. Larger-than-expected USDA estimates […] Read more

CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soybeans ease after weather rally

Corn firms, wheat slips to nearly three-month low

By Christopher Walljasper January 6, 2022
Chicago | Reuters — Chicago soybean futures dipped on Thursday as broad selling in financial markets countered weather concerns in South America that had pushed prices to a five-month high. […] Read more

File photo of a soybean field in Argentina. (Federico Weyland/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: South American dryness main source of support

By Glen Hallick January 6, 2022
MarketsFarm — After corn and the soy complex on the Chicago Board of Trade shot up on Tuesday following the fats and oils as well as the crushing reports from […] Read more

CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soy climbs on South American weather

Corn also underpinned by weather, brisk demand

By Christopher Walljasper January 3, 2022
Chicago | Reuters — Chicago soybean futures ended higher on Monday, supported by risks of hot and dry weather for South American crops as they near harvest. Wheat fell, pressured […] Read more


(PamWalker68/iStock/Getty Images)
Crops, Markets

ICE weekly outlook: Hard to say where canola is going 

By Glen Hallick December 30, 2021
MarketsFarm – There was a first for canola on Dec. 29, in that three contracts exceeded C$1,000 per tonne at the same time. In the sharp upswing during that Wednesday […] Read more

CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soybeans, corn extend rally

Dry South American weather stokes worries on crops; wheat prices move on technical trading

By P.J. Huffstutter December 27, 2021
Chicago | Reuters — Chicago soybeans and corn extended gains on Monday to hit multi-month highs as dry and hot weather in South America stoked supply worries. Wheat rose early […] Read more

CBOT March 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn futures near six-month high

South America weather threats support U.S. soy, corn

By Tom Polansek December 24, 2021
Chicago | Reuters — Chicago Board of Trade corn futures neared a six-month high and soybean futures topped a four-month high on Thursday on concerns about unfavorable dryness and heat […] Read more


ICE March 2022 canola (candlesticks) with November 2022 canola (yellow line, left column). (Barchart)
Crops, Markets

ICE weekly outlook: Holiday canola trading is anyone’s guess

By Glen Hallick December 23, 2021
MarketsFarm — The canola trading week starting Tuesday (Dec. 28) will be a short one and Keith Ferley of RBC Dominion Securities said anything can happen. “I don’t know if […] Read more

CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soy, corn futures extend rally

South American weather woes remain 'concerning'

By Tom Polansek December 22, 2021
Chicago | Reuters — Chicago Board of Trade soybean and corn futures extended a rally to new multi-month peaks on Wednesday as dry weather in some South American growing belts […] Read more

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