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MGEX September 2021 wheat (candlesticks) with 20-day moving average (black line), CBOT and K.C. September 2021 wheats (green and yellow lines) and CBOT December 2021 corn (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat futures rally after U.S. slashes harvest estimates

Agency raises U.S. corn crop forecast from June

By Tom Polansek July 12, 2021
Chicago | Reuters — U.S. wheat futures climbed on Monday on lower-than-expected production estimates for domestic crops damaged by searing weather and drought, analysts said. Corn and soybean futures also […] Read more

CBOT December 2021 corn (candlesticks) with Bollinger bands (20,2) and September 2021 corn (yellow open/high/low/close). (Barchart)
Crops, Markets

U.S. grains: Rain pushes corn to 12 per cent weekly drop

Soybeans, wheat hesitant as dry northern U.S. still a concern

By Christopher Walljasper July 9, 2021
Chicago | Reuters — Chicago corn futures dipped on Friday, losing 12 per cent for the week as rain and moderate temperatures were expected to boost U.S. Midwest crops. Wheat […] Read more

CBOT July 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)
Crops, Markets

CBOT weekly outlook: Wet weather pressures markets ahead of USDA report

By Adam Peleshaty June 9, 2021
MarketsFarm — After hot and dry weather sent corn and soybean prices climbing higher in early June, much-needed rains brought bids down at the Chicago Board of Trade on Wednesday. […] Read more

CBOT July 2021 corn with 20-, 50- and 100-day moving averages (yellow, orange, green lines). (Barchart)
Crops, Markets

U.S. grains: Corn tumbles on long liquidation

CBOT soy, wheat modestly higher

By Julie Ingwersen May 14, 2021
Chicago | Reuters — U.S. corn futures fell for a third straight session on Friday, with the benchmark July contract hitting a two-week low on fund-driven long liquidation amid easing […] Read more

CBOT July 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Corn limit-down on profit-taking, bearish USDA data

Chicago soybeans, wheat follow

By Julie Ingwersen May 13, 2021
Chicago | Reuters — U.S. corn futures fell more than five per cent on Thursday on profit-taking after recent multi-year highs and follow-through selling, a day after the U.S. Department […] Read more


(iStock/Getty Images Plus)
Crops, Markets

USDA expects record world wheat crop in 2021-22

By MarketsFarm May 12, 2021
MarketsFarm — The latest U.S. forecast puts world wheat production at a new record in 2021-22, with bigger crops in a number of countries more than offsetting expected decreases in […] Read more

CBOT July 2021 soybeans (candlesticks) with 20- and 100-day moving averages (light and dark green lines) and CBOT May 2021 soyoil (yellow high/low/close and left column). (Barchart)
Crops, Markets

U.S. grains: Soybeans reach highest since 2012 on supply woes

Corn, wheat down on WASDE report

By Julie Ingwersen May 12, 2021
Chicago | Reuters — U.S. soybean futures set an 8-1/2-year high on Wednesday after a key U.S. government crop report projected that supplies of the oilseed would remain tight even […] Read more

CBOT July 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange, dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn, soy, wheat dip ahead of WASDE

Market eyes U.S. supply-demand reports for price direction

By Christopher Walljasper May 10, 2021
Chicago | Reuters — Chicago corn futures fell on Monday, pausing after rallying to eight-year highs last week, with traders focusing on the U.S. Department of Agriculture’s upcoming world supply-demand […] Read more


The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Look for May USDA report to be bullish

New WASDE will include first projections for 2021-22

By Glen Hallick May 6, 2021
MarketsFarm — With the next supply and demand estimates from the U.S. Department of Agriculture (USDA) a week away, broker Ryan Ettner provided his outlook on the report. “[Soybean] exports […] Read more

(Qingwa/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Focus to shift after USDA’s largely stand-pat WASDE report

By Glen Hallick April 10, 2021
MarketsFarm — There was little change in U.S. markets shortly after the release of the latest supply and demand estimates from the U.S. Department of Agriculture (USDA). But that scenario […] Read more

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