CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Cattle futures end higher on firm beef prices

Futures up before new USDA figures released

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Friday, supported by strong beef prices and positioning ahead of U.S. government reports released after the close of the market, traders said. CME August live cattle futures settled up 1.65 cents at 137.375 cents/lb. and most-active October ended up 2.025 cents at […] Read more

CBOT September 2022 wheat (candlesticks) with 20-day moving average (green line), MGEX September 2022 spring wheat (yellow line) and K.C. September 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Wheat falls six per cent on Ukraine grain export deal

CBOT corn sags, soy rallies

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell nearly six per cent on Friday to their lowest level since February after Russia and Ukraine signed a landmark deal to reopen Ukrainian Black Sea ports for grain exports, traders said. Corn fell almost two per cent on the news but soybean futures closed higher, rebounding from […] Read more


One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

July report from IGC has few changes

Numbers tweaked from previous month's report

Reading Time: 2 minutes MarketsFarm — Other than a few tweaks, there were no major changes in the latest monthly report from the London-based International Grains Council (IGC) released Thursday. In comparing the July report with that from June, the IGC tweaked its estimate for total global grain production for 2022-23. It trimmed output by 0.13 per cent at […] Read more

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

U.S. grains: Corn, soy, wheat fall on weather, Ukraine sea pact

IGC's corn outlook lower, wheat outlook up

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to two-week lows and new-crop soybeans hit a six-month low on Thursday on improving crop weather in the Midwest and news of a deal to restart Ukraine’s Black Sea grain exports, traders said. Wheat futures declined after choppy trade. All three markets fell to the day’s lows […] Read more



Corn in progress just east of Blumenort, Man. on July 20, 2022. (Dave Bedard photo)

CBOT weekly outlook: Keep an eye on the weather

Corn, soy seen trending lower

Reading Time: 2 minutes MarketsFarm — As soybeans and corn trend downward on the Chicago Board of Trade, wheat is poised to climb higher, according to Andrew Mages, analyst with Progressive Ag at Fargo, N.D. The weather outlook has called for scattered showers over the next couple of weeks, which will impact crops in some way, he said. “The […] Read more


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

U.S. grains: Soy, corn futures ease on improving weather

CBOT wheat firms on export news

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures fell on Wednesday on forecasts for improving weather in the Midwest, including rains next week that should boost crop production prospects, analysts said. Wheat futures rose as traders awaited the outcome of Egyptian wheat purchase negotiations, as well as talks on a possible deal to boost […] Read more

Excessive heat warnings (in magenta) and heat advisories (in orange) were in place July 19, 2022 for areas across much of the southern U.S. Plains. (Weather.gov)

Sizzling heat stresses livestock, crops in southern U.S. Plains

Reading Time: 2 minutes Chicago | Reuters — Scorching temperatures in the southern U.S. Plains are stressing cattle as well as crops such as cotton, corn and soybeans, meteorologists and traders said on Tuesday. Temperatures were forecast to reach 111 F (44 C) in parts of the Texas Panhandle, a core area for cotton and cattle production. While much […] Read more


File photo of a maize crop under irrigation in South Africa. (Deldew/iStock/Getty Images)

South Africa looking at another large corn crop in 2022-23

Reading Time: < 1 minute MarketsFarm — South Africa is reported to be well on its way to producing another 15 million-plus-tonne corn crop in 2022-23, according to the U.S. Department of Agriculture (USDA) attaché in Pretoria. However, it will be far less than the USDA’s current estimate of 17.3 million tonnes. Nevertheless, if the attaché’s forecast were to hold, […] Read more

CBOT December 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Corn, soybeans end lower on crop prospects

Wheat down on cancelled export tender

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell more than two per cent on Tuesday and soybeans also declined on optimism for sizable U.S. crops and some forecasts for rain next week, despite pockets of stress from hot and dry conditions, traders said. Wheat futures finished lower after a choppy session, declining after Egypt’s state […] Read more